Datamatics Global Return On Equity vs. Price To Book
| DATAMATICS | 552.30 11.55 2.14% |
For Datamatics Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Datamatics Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Datamatics Global Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Datamatics Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Datamatics Global Services over time as well as its relative position and ranking within its peers.
Datamatics |
Datamatics Global Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Datamatics Global's current stock value. Our valuation model uses many indicators to compare Datamatics Global value to that of its competitors to determine the firm's financial worth. Datamatics Global Services is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in price to book category among its peers fabricating about 16.55 of Price To Book per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Datamatics Global's earnings, one of the primary drivers of an investment's value.Datamatics Price To Book vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Datamatics Global |
| = | 0.15 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Datamatics Global |
| = | 2.48 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Datamatics Price To Book Comparison
Datamatics Global is currently under evaluation in price to book category among its peers.
Datamatics Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Datamatics Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Datamatics Global will eventually generate negative long term returns. The profitability progress is the general direction of Datamatics Global's change in net profit over the period of time. It can combine multiple indicators of Datamatics Global, 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 | 1 B | 1.1 B | |
| Operating Income | 5.1 B | 5.3 B | |
| Income Before Tax | 2.5 B | 2.6 B | |
| Total Other Income Expense Net | -2.6 B | -2.4 B | |
| Net Income | 2 B | 2.1 B | |
| Income Tax Expense | 536.9 M | 563.7 M | |
| Net Income From Continuing Ops | 2 B | 1.1 B | |
| Net Income Applicable To Common Shares | 2.2 B | 2.3 B | |
| Interest Income | 186.1 M | 120 M | |
| Net Interest Income | -19.7 M | -20.7 M | |
| Change To Netincome | 2.2 M | 2.1 M |
Datamatics Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Datamatics Global. 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 Datamatics Global 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 Datamatics Global's important profitability drivers and their relationship over time.
Use Datamatics Global 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 Datamatics Global 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 Datamatics Global will appreciate offsetting losses from the drop in the long position's value.Datamatics Global Pair Trading
Datamatics Global Services Pair Trading Analysis
The ability to find closely correlated positions to Datamatics Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Datamatics Global 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 Datamatics Global - 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 Datamatics Global Services to buy it.
The correlation of Datamatics Global 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 Datamatics Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Datamatics Global 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 Datamatics Global 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 Datamatics Global position
In addition to having Datamatics Global 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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Healthcare
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Healthcare Theme or any other thematic opportunities.
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Additional Tools for Datamatics Stock Analysis
When running Datamatics Global's price analysis, check to measure Datamatics Global'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 Datamatics Global is operating at the current time. Most of Datamatics Global's value examination focuses on studying past and present price action to predict the probability of Datamatics Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datamatics Global's price. Additionally, you may evaluate how the addition of Datamatics Global to your portfolios can decrease your overall portfolio volatility.