Playgon Games Return On Asset vs. Current Valuation
| DEAL Stock | CAD 0.01 0.01 50.00% |
For Playgon Games profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Playgon Games to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Playgon Games utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Playgon Games's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Playgon Games over time as well as its relative position and ranking within its peers.
Playgon |
Playgon Games Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Playgon Games's current stock value. Our valuation model uses many indicators to compare Playgon Games value to that of its competitors to determine the firm's financial worth. Playgon Games is rated # 3 in return on asset category among its peers. It is rated # 2 in current valuation category among its peers . 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 Playgon Games' earnings, one of the primary drivers of an investment's value.Playgon Current Valuation vs. Return On Asset
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.
Playgon Games |
| = | -1.63 |
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.
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.
Playgon Games |
| = | 25.67 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.
Playgon Current Valuation vs Competition
Playgon Games is rated # 2 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 205.64 Million. Playgon Games retains roughly 25.67 Million in current valuation claiming about 12% of equities under Information Technology industry.
Playgon Games Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Playgon Games, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Playgon Games will eventually generate negative long term returns. The profitability progress is the general direction of Playgon Games' change in net profit over the period of time. It can combine multiple indicators of Playgon Games, 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 | 5.4 M | 5.7 M | |
| Operating Income | -15.5 M | -14.7 M | |
| Income Before Tax | -17 M | -16.1 M | |
| Total Other Income Expense Net | 227.7 K | 239.1 K | |
| Net Loss | -16.5 M | -15.7 M | |
| Income Tax Expense | 138.6 K | 254.1 K | |
| Net Interest Income | -1.7 M | -1.6 M | |
| Interest Income | 15.1 K | 13.7 K | |
| Net Loss | -16.5 M | -15.7 M | |
| Net Loss | -5.8 M | -6 M | |
| Change To Netincome | 1.5 M | 1.2 M | |
| Net Loss | (0.06) | (0.07) | |
| Income Quality | 0.69 | 0.58 | |
| Net Income Per E B T | 0.97 | 0.74 |
Playgon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Playgon Games. 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 Playgon Games 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 Playgon Games' important profitability drivers and their relationship over time.
Use Playgon Games 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 Playgon Games 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 Playgon Games will appreciate offsetting losses from the drop in the long position's value.Playgon Games Pair Trading
Playgon Games Pair Trading Analysis
The ability to find closely correlated positions to Playgon Games could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Playgon Games 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 Playgon Games - 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 Playgon Games to buy it.
The correlation of Playgon Games 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 Playgon Games moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Playgon Games 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 Playgon Games 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 Playgon Games position
In addition to having Playgon Games 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 Playgon Stock Analysis
When running Playgon Games' price analysis, check to measure Playgon Games' 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 Playgon Games is operating at the current time. Most of Playgon Games' value examination focuses on studying past and present price action to predict the probability of Playgon Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playgon Games' price. Additionally, you may evaluate how the addition of Playgon Games to your portfolios can decrease your overall portfolio volatility.