Paragon 28 Net Income vs. Current Valuation
| FNA Stock | USD 10.31 0.32 3.20% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -47.8 M | Current Value -45.4 M | Quarterly Volatility 23.7 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.89 | 0.7985 |
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For Paragon 28 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Paragon 28 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Paragon 28 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Paragon 28's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Paragon 28 over time as well as its relative position and ranking within its peers.
Paragon |
Is Health Care Equipment & Supplies 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 Paragon 28. If investors know Paragon 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 Paragon 28 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.67) | Revenue Per Share 2.95 | Quarterly Revenue Growth 0.181 | Return On Assets (0.08) | Return On Equity (0.34) |
The market value of Paragon 28 is measured differently than its book value, which is the value of Paragon that is recorded on the company's balance sheet. Investors also form their own opinion of Paragon 28's value that differs from its market value or its book value, called intrinsic value, which is Paragon 28'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 Paragon 28's market value can be influenced by many factors that don't directly affect Paragon 28'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 Paragon 28's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paragon 28 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paragon 28'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.
Paragon 28 Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Paragon 28's current stock value. Our valuation model uses many indicators to compare Paragon 28 value to that of its competitors to determine the firm's financial worth. Paragon 28 is rated # 5 in net income category among its peers. It also is rated # 5 in current valuation category among its peers . At present, Paragon 28's Net Loss is projected to decrease significantly based on the last few years of reporting. 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 Paragon 28's earnings, one of the primary drivers of an investment's value.Paragon 28's Earnings Breakdown by Geography
Paragon Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Paragon 28 |
| = | (47.84 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
Paragon 28 |
| = | 908.83 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.
Paragon Current Valuation vs Competition
Paragon 28 is rated # 5 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is currently estimated at about 398.71 Billion. Paragon 28 adds roughly 908.83 Million in current valuation claiming only tiny portion of equities under Health Care industry.
Paragon 28 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Paragon 28, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Paragon 28 will eventually generate negative long term returns. The profitability progress is the general direction of Paragon 28's change in net profit over the period of time. It can combine multiple indicators of Paragon 28, 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 | 132 K | 149.8 K | |
| Net Interest Income | -4.4 M | -4.2 M | |
| Interest Income | 4.7 M | 5 M | |
| Operating Income | -37.3 M | -35.4 M | |
| Net Loss | -67 M | -63.7 M | |
| Income Before Tax | -47.6 M | -45.2 M | |
| Total Other Income Expense Net | -10.3 M | -9.8 M | |
| Net Loss | -60.6 M | -57.6 M | |
| Net Loss | -47.8 M | -45.4 M | |
| Income Tax Expense | 213 K | 273.2 K | |
| Non Operating Income Net Other | -1.1 M | -1.1 M | |
| Change To Netincome | 13.4 M | 9.9 M | |
| Net Loss | (0.58) | (0.61) | |
| Income Quality | 1.34 | 1.44 | |
| Net Income Per E B T | 1.00 | 1.14 |
Paragon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Paragon 28. 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 Paragon 28 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 Paragon 28's important profitability drivers and their relationship over time.
Use Paragon 28 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 Paragon 28 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 Paragon 28 will appreciate offsetting losses from the drop in the long position's value.Paragon 28 Pair Trading
Paragon 28 Pair Trading Analysis
The ability to find closely correlated positions to Paragon 28 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paragon 28 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 Paragon 28 - 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 Paragon 28 to buy it.
The correlation of Paragon 28 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 Paragon 28 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paragon 28 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 Paragon 28 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 Paragon 28 position
In addition to having Paragon 28 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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Check out Investing Opportunities. For information on how to trade Paragon Stock refer to our How to Trade Paragon Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
To fully project Paragon 28's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Paragon 28 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 Paragon 28's income statement, its balance sheet, and the statement of cash flows.