Spectral Med Operating Margin vs. Price To Earning
| EDT Stock | CAD 0.53 0.03 6.00% |
Spectral Med Operating Profit Margin |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.78 | 0.4143 |
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For Spectral Med profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Spectral Med to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Spectral Med utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Spectral Med's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Spectral Med over time as well as its relative position and ranking within its peers.
Spectral |
Spectral Med Price To Earning vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Spectral Med's current stock value. Our valuation model uses many indicators to compare Spectral Med value to that of its competitors to determine the firm's financial worth. Spectral Med is rated # 2 in operating margin category among its peers. It is rated # 4 in price to earning category among its peers . At this time, Spectral Med's Operating Profit Margin is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Spectral Med by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Spectral Med's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Spectral Price To Earning vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Spectral Med |
| = | (9.46) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Spectral Med |
| = | (16.07) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Spectral Price To Earning Comparison
Spectral Med is currently under evaluation in price to earning category among its peers.
Spectral Med Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Spectral Med, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Spectral Med will eventually generate negative long term returns. The profitability progress is the general direction of Spectral Med's change in net profit over the period of time. It can combine multiple indicators of Spectral Med, 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 | 12.9 M | 13.6 M | |
| Operating Income | -11.4 M | -12 M | |
| Net Loss | -15.5 M | -14.7 M | |
| Income Tax Expense | 155 K | 162.8 K | |
| Income Before Tax | -15.5 M | -14.7 M | |
| Total Other Income Expense Net | -4.1 M | -3.9 M | |
| Net Loss | -15.5 M | -14.7 M | |
| Net Loss | -12.9 M | -13.6 M | |
| Interest Income | 72.9 K | 46.4 K | |
| Net Interest Income | -1.3 M | -1.3 M | |
| Change To Netincome | 449.6 K | 675.4 K | |
| Net Loss | (0.06) | (0.06) | |
| Income Quality | 0.68 | 0.84 | |
| Net Income Per E B T | 1.01 | 1.32 |
Spectral Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Spectral Med. 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 Spectral Med 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 Spectral Med's important profitability drivers and their relationship over time.
Use Spectral Med 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 Spectral Med 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 Spectral Med will appreciate offsetting losses from the drop in the long position's value.Spectral Med Pair Trading
Spectral Med Pair Trading Analysis
The ability to find closely correlated positions to Spectral Med could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spectral Med 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 Spectral Med - 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 Spectral Med to buy it.
The correlation of Spectral Med 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 Spectral Med moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spectral Med 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 Spectral Med 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 Spectral Med position
In addition to having Spectral Med 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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Other Information on Investing in Spectral Stock
To fully project Spectral Med's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Spectral Med 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 Spectral Med's income statement, its balance sheet, and the statement of cash flows.