Desktop Metal Revenue vs. Price To Book
| DM Stock | USD 4.16 0.02 0.48% |
Total Revenue | First Reported 2018-12-31 | Previous Quarter 38.9 M | Current Value 36.4 M | Quarterly Volatility 21 M |
For Desktop Metal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Desktop Metal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Desktop Metal utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Desktop Metal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Desktop Metal over time as well as its relative position and ranking within its peers.
Desktop |
Desktop Metal's Revenue Breakdown by Earning Segment
Check out Investing Opportunities.
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 Desktop Metal. If investors know Desktop 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 Desktop Metal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (11.15) | Revenue Per Share 5.117 | Quarterly Revenue Growth (0.15) | Return On Assets (0.24) | Return On Equity (1.53) |
The market value of Desktop Metal is measured differently than its book value, which is the value of Desktop that is recorded on the company's balance sheet. Investors also form their own opinion of Desktop Metal's value that differs from its market value or its book value, called intrinsic value, which is Desktop Metal'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 Desktop Metal's market value can be influenced by many factors that don't directly affect Desktop Metal'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 Desktop Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Desktop Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Desktop Metal'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.
Desktop Metal Price To Book vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Desktop Metal's current stock value. Our valuation model uses many indicators to compare Desktop Metal value to that of its competitors to determine the firm's financial worth. Desktop Metal is rated below average in revenue category among its peers. It is rated below average in price to book category among its peers . The ratio of Revenue to Price To Book for Desktop Metal is about 99,427,643 . At this time, Desktop Metal's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Desktop Metal 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.Desktop Revenue vs. Competition
Desktop Metal is rated below average in revenue category among its peers. Market size based on revenue of Information Technology industry is currently estimated at about 71.37 Billion. Desktop Metal adds roughly 189.7 Million in revenue claiming only tiny portion of equities under Information Technology industry.
Desktop Price To Book vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Desktop Metal |
| = | 189.7 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Desktop Metal |
| = | 1.91 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.
Desktop Price To Book Comparison
Desktop Metal is currently under evaluation in price to book category among its peers.
Desktop Metal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Desktop Metal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Desktop Metal will eventually generate negative long term returns. The profitability progress is the general direction of Desktop Metal's change in net profit over the period of time. It can combine multiple indicators of Desktop Metal, 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 | -34.7 M | -32.9 M | |
| Operating Income | -323.2 M | -307.1 M | |
| Income Before Tax | -326.4 M | -342.7 M | |
| Net Loss | -666.3 M | -633 M | |
| Net Loss | -323.3 M | -339.4 M | |
| Net Interest Income | -3.8 M | -4 M | |
| Interest Income | 944 K | 896.8 K | |
| Net Loss | -461.1 M | -484.1 M | |
| Total Other Income Expense Net | -3.2 M | -3.3 M | |
| Income Tax Expense | -3.1 M | -3.3 M | |
| Non Operating Income Net Other | -7.5 M | -7.9 M | |
| Change To Netincome | 630.2 M | 661.7 M | |
| Net Loss | (10.03) | (10.54) | |
| Income Quality | 0.36 | 0.34 | |
| Net Income Per E B T | 0.99 | 1.08 |
Desktop Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Desktop Metal. 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 Desktop Metal 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 Desktop Metal's important profitability drivers and their relationship over time.
Use Desktop Metal 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 Desktop Metal 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 Desktop Metal will appreciate offsetting losses from the drop in the long position's value.Desktop Metal Pair Trading
Desktop Metal Pair Trading Analysis
The ability to find closely correlated positions to Desktop Metal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Desktop Metal 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 Desktop Metal - 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 Desktop Metal to buy it.
The correlation of Desktop Metal 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 Desktop Metal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Desktop Metal 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 Desktop Metal 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 Desktop Metal position
In addition to having Desktop Metal 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?
Run Communication Services Thematic Idea Now
Communication Services
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 43 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 Communication Services Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities. To learn how to invest in Desktop Stock, please use our How to Invest in Desktop Metal guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
To fully project Desktop Metal's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Desktop Metal 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 Desktop Metal's income statement, its balance sheet, and the statement of cash flows.