Dolby Laboratories Shares Outstanding vs. Return On Asset

DLB Stock  USD 80.30  0.25  0.31%   
Based on Dolby Laboratories' profitability indicators, Dolby Laboratories may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Dolby Laboratories' ability to earn profits and add value for shareholders. At present, Dolby Laboratories' Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.22, whereas Price To Sales Ratio is forecasted to decline to 5.20. At present, Dolby Laboratories' Total Other Income Expense Net is projected to increase significantly based on the last few years of reporting. The current year's Non Operating Income Net Other is expected to grow to about 12 M, whereas Accumulated Other Comprehensive Income is projected to grow to (18.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.890.8897
Slightly Up
Pretty Stable
Net Profit Margin0.150.2831
Way Down
Pretty Stable
Operating Profit Margin0.160.2028
Significantly Down
Slightly volatile
Pretax Profit Margin0.170.2453
Way Down
Slightly volatile
Return On Assets0.06840.116
Way Down
Slightly volatile
Return On Equity0.0820.1456
Way Down
Pretty Stable
For Dolby Laboratories profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dolby Laboratories to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dolby Laboratories utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dolby Laboratories's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dolby Laboratories over time as well as its relative position and ranking within its peers.
  

Dolby Laboratories' Revenue Breakdown by Earning Segment

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For information on how to trade Dolby Stock refer to our How to Trade Dolby Stock guide.
Is Electronic Equipment, Instruments & Components 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 Dolby Laboratories. If investors know Dolby 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 Dolby Laboratories 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
1.353
Earnings Share
2.69
Revenue Per Share
13.172
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0516
The market value of Dolby Laboratories is measured differently than its book value, which is the value of Dolby that is recorded on the company's balance sheet. Investors also form their own opinion of Dolby Laboratories' value that differs from its market value or its book value, called intrinsic value, which is Dolby Laboratories' 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 Dolby Laboratories' market value can be influenced by many factors that don't directly affect Dolby Laboratories' 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 Dolby Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dolby Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolby Laboratories' 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.

Dolby Laboratories Return On Asset vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Dolby Laboratories's current stock value. Our valuation model uses many indicators to compare Dolby Laboratories value to that of its competitors to determine the firm's financial worth.
Dolby Laboratories is rated # 2 in shares outstanding category among its peers. It is one of the top stocks in return on asset category among its peers . The ratio of Shares Outstanding to Return On Asset for Dolby Laboratories is about  1,158,236,434 . As of November 26, 2024, Return On Assets is expected to decline to 0.07. 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 Dolby Laboratories' earnings, one of the primary drivers of an investment's value.

Dolby Laboratories' Earnings Breakdown by Geography

Dolby Return On Asset vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Dolby Laboratories

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
59.77 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

Dolby Laboratories

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0516
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.

Dolby Return On Asset Comparison

Dolby Laboratories is currently under evaluation in return on asset category among its peers.

Dolby Laboratories Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Dolby Laboratories, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dolby Laboratories will eventually generate negative long term returns. The profitability progress is the general direction of Dolby Laboratories' change in net profit over the period of time. It can combine multiple indicators of Dolby Laboratories, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-19.2 M-18.2 M
Operating Income258.3 M250.2 M
Income Before Tax312.5 M251.2 M
Total Other Income Expense Net54.2 M56.9 M
Net Income261.8 M210.3 M
Income Tax Expense-48.2 M-45.8 M
Net Income Applicable To Common Shares230.8 M201.3 M
Net Income From Continuing Ops264.3 M181.7 M
Non Operating Income Net Other10.4 M12 M
Interest Income25.7 M12.9 M
Net Interest Income34.1 M17.4 M
Change To Netincome129.8 M136.3 M
Net Income Per Share 3.77  1.84 
Income Quality 1.25  1.73 
Net Income Per E B T 1.15  0.86 

Dolby Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Dolby Laboratories. 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 Dolby Laboratories 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 Dolby Laboratories' important profitability drivers and their relationship over time.

Use Dolby Laboratories 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 Dolby Laboratories 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 Dolby Laboratories will appreciate offsetting losses from the drop in the long position's value.

Dolby Laboratories Pair Trading

Dolby Laboratories Pair Trading Analysis

The ability to find closely correlated positions to Dolby Laboratories could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dolby Laboratories 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 Dolby Laboratories - 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 Dolby Laboratories to buy it.
The correlation of Dolby Laboratories 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 Dolby Laboratories moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dolby Laboratories 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 Dolby Laboratories 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Dolby Laboratories position

In addition to having Dolby Laboratories 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.

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When determining whether Dolby Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dolby Laboratories' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dolby Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dolby Laboratories Stock:
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You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
To fully project Dolby Laboratories' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dolby Laboratories at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Dolby Laboratories' income statement, its balance sheet, and the statement of cash flows.
Potential Dolby Laboratories investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Dolby Laboratories investors may work on each financial statement separately, they are all related. The changes in Dolby Laboratories's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dolby Laboratories's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.