Cognyte Software Current Valuation vs. Return On Asset
| CGNT Stock | USD 8.12 0.16 2.01% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.66 | 0.6873 |
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For Cognyte Software profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cognyte Software to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cognyte Software utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cognyte Software's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cognyte Software over time as well as its relative position and ranking within its peers.
Cognyte |
Cognyte Software's Revenue Breakdown by Earning Segment
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognyte Software. If investors know Cognyte will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognyte Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.75) | Earnings Share (0.06) | Revenue Per Share 4.649 | Quarterly Revenue Growth 0.096 | Return On Assets (0.01) |
The market value of Cognyte Software is measured differently than its book value, which is the value of Cognyte that is recorded on the company's balance sheet. Investors also form their own opinion of Cognyte Software's value that differs from its market value or its book value, called intrinsic value, which is Cognyte Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognyte Software's market value can be influenced by many factors that don't directly affect Cognyte Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognyte Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cognyte Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognyte Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Cognyte Software Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cognyte Software's current stock value. Our valuation model uses many indicators to compare Cognyte Software value to that of its competitors to determine the firm's financial worth. Cognyte Software is the top company in current valuation category among its peers. It also is number one stock in return on asset category among its peers . Return On Assets is likely to gain to -0.01 in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value Cognyte Software by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Cognyte Current Valuation vs. Competition
Cognyte Software is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 19.69 Billion. Cognyte Software holds roughly 510.04 Million in current valuation claiming about 2.59% of equities under Information Technology industry.
Cognyte Return On Asset vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Cognyte Software |
| = | 510.04 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Cognyte Software |
| = | -0.0136 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Cognyte Return On Asset Comparison
Cognyte Software is currently under evaluation in return on asset category among its peers.
Cognyte Software Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cognyte Software, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cognyte Software will eventually generate negative long term returns. The profitability progress is the general direction of Cognyte Software's change in net profit over the period of time. It can combine multiple indicators of Cognyte Software, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -12.6 M | -13.3 M | |
| Operating Income | -18.1 M | -19 M | |
| Income Before Tax | -13.3 M | -13.9 M | |
| Total Other Income Expense Net | 4.8 M | 4.6 M | |
| Net Loss | -15.6 M | -14.8 M | |
| Income Tax Expense | -1.6 M | -1.5 M | |
| Net Interest Income | 1.9 M | 1.1 M | |
| Interest Income | 1.9 M | 1.4 M | |
| Net Loss | -11.6 M | -12.2 M | |
| Net Loss | -102.7 M | -97.6 M | |
| Change To Netincome | 24.8 M | 28 M | |
| Net Loss | (0.22) | (0.01) | |
| Income Quality | (2.22) | (2.61) | |
| Net Income Per E B T | 1.17 | 1.43 |
Cognyte Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cognyte Software. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Cognyte Software position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Cognyte Software's important profitability drivers and their relationship over time.
Use Cognyte Software in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cognyte Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cognyte Software will appreciate offsetting losses from the drop in the long position's value.Cognyte Software Pair Trading
Cognyte Software Pair Trading Analysis
The ability to find closely correlated positions to Cognyte Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cognyte Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cognyte Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cognyte Software to buy it.
The correlation of Cognyte Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cognyte Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cognyte Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cognyte Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Cognyte Software position
In addition to having Cognyte Software in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Cognyte Stock Analysis
When running Cognyte Software's price analysis, check to measure Cognyte Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cognyte Software is operating at the current time. Most of Cognyte Software's value examination focuses on studying past and present price action to predict the probability of Cognyte Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognyte Software's price. Additionally, you may evaluate how the addition of Cognyte Software to your portfolios can decrease your overall portfolio volatility.