Event Hospitality Gross Profit vs. Book Value Per Share
| EVT Stock | 11.42 0.03 0.26% |
Gross Profit | First Reported 2000-12-31 | Previous Quarter 204.2 M | Current Value 429.7 M | Quarterly Volatility 110.1 M |
For Event Hospitality profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Event Hospitality to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Event Hospitality and utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Event Hospitality's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Event Hospitality and over time as well as its relative position and ranking within its peers.
Event |
Event Hospitality Book Value Per Share vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Event Hospitality's current stock value. Our valuation model uses many indicators to compare Event Hospitality value to that of its competitors to determine the firm's financial worth. Event Hospitality and is one of the top stocks in gross profit category among its peers. It also is one of the top stocks in book value per share category among its peers . The ratio of Gross Profit to Book Value Per Share for Event Hospitality and is about 150,919,710 . At this time, Event Hospitality's Gross Profit is comparatively stable compared to the past year. 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 Event Hospitality's earnings, one of the primary drivers of an investment's value.Event Book Value Per Share vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Event Hospitality |
| = | 896.61 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Event Hospitality |
| = | 5.94 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Event Book Value Per Share Comparison
Event Hospitality is currently under evaluation in book value per share category among its peers.
Event Hospitality Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Event Hospitality, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Event Hospitality will eventually generate negative long term returns. The profitability progress is the general direction of Event Hospitality's change in net profit over the period of time. It can combine multiple indicators of Event Hospitality, 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 | 94.2 M | 67.3 M | |
| Operating Income | 89.9 M | 50.2 M | |
| Income Before Tax | 44.5 M | 73.8 M | |
| Total Other Income Expense Net | -45.4 M | -43.1 M | |
| Net Income | 4.8 M | 4.6 M | |
| Income Tax Expense | 39.7 M | 24.8 M | |
| Net Income Applicable To Common Shares | 122.5 M | 73.7 M | |
| Net Income From Continuing Ops | 4.8 M | 4.6 M | |
| Interest Income | 2.4 M | 2.3 M | |
| Net Interest Income | -51.1 M | -48.6 M | |
| Change To Netincome | -40.4 M | -38.4 M |
Event Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Event Hospitality. 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 Event Hospitality 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 Event Hospitality's important profitability drivers and their relationship over time.
Use Event Hospitality 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 Event Hospitality 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 Event Hospitality will appreciate offsetting losses from the drop in the long position's value.Event Hospitality Pair Trading
Event Hospitality and Pair Trading Analysis
The ability to find closely correlated positions to Event Hospitality could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Event Hospitality 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 Event Hospitality - 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 Event Hospitality and to buy it.
The correlation of Event Hospitality 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 Event Hospitality moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Event Hospitality 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 Event Hospitality 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 Event Hospitality position
In addition to having Event Hospitality 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 Event Stock Analysis
When running Event Hospitality's price analysis, check to measure Event Hospitality'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 Event Hospitality is operating at the current time. Most of Event Hospitality's value examination focuses on studying past and present price action to predict the probability of Event Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Event Hospitality's price. Additionally, you may evaluate how the addition of Event Hospitality to your portfolios can decrease your overall portfolio volatility.