Happiest Minds Revenue vs. Price To Book
| HAPPSTMNDS | 730.10 5.55 0.77% |
Total Revenue | First Reported 2019-06-30 | Previous Quarter 4.6 B | Current Value 5.2 B | Quarterly Volatility 1.1 B |
For Happiest Minds profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Happiest Minds to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Happiest Minds Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Happiest Minds's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Happiest Minds Technologies over time as well as its relative position and ranking within its peers.
Happiest |
Happiest Minds Techn Price To Book vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Happiest Minds's current stock value. Our valuation model uses many indicators to compare Happiest Minds value to that of its competitors to determine the firm's financial worth. Happiest Minds Technologies is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in price to book category among its peers . The ratio of Revenue to Price To Book for Happiest Minds Technologies is about 2,274,637,732 . At this time, Happiest Minds' Total Revenue is very 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 Happiest Minds' earnings, one of the primary drivers of an investment's value.Happiest Revenue vs. Competition
Happiest Minds Technologies is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Information Technology industry is currently estimated at about 46.16 Billion. Happiest Minds totals roughly 16.25 Billion in revenue claiming about 35% of equities under Information Technology industry.
Happiest 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.
Happiest Minds |
| = | 16.25 B |
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.
Happiest Minds |
| = | 7.14 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.
Happiest Price To Book Comparison
Happiest Minds is currently under evaluation in price to book category among its peers.
Happiest Minds Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Happiest Minds, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Happiest Minds will eventually generate negative long term returns. The profitability progress is the general direction of Happiest Minds' change in net profit over the period of time. It can combine multiple indicators of Happiest Minds, 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 | -32.3 M | -30.7 M | |
| Operating Income | 5.7 B | 6 B | |
| Income Before Tax | 3.3 B | 3.5 B | |
| Total Other Income Expense Net | -2.3 B | -2.2 B | |
| Net Income | 2.5 B | 2.6 B | |
| Net Income Applicable To Common Shares | 2.7 B | 2.8 B | |
| Income Tax Expense | 862.9 M | 906 M | |
| Net Interest Income | -422.7 M | -401.6 M | |
| Interest Income | 795.8 M | 835.6 M | |
| Net Income From Continuing Ops | 2.5 B | 1.4 B | |
| Change To Netincome | -28.8 M | -27.4 M |
Happiest Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Happiest Minds. 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 Happiest Minds 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 Happiest Minds' important profitability drivers and their relationship over time.
Use Happiest Minds 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 Happiest Minds 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 Happiest Minds will appreciate offsetting losses from the drop in the long position's value.Happiest Minds Pair Trading
Happiest Minds Technologies Pair Trading Analysis
The ability to find closely correlated positions to Happiest Minds could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Happiest Minds 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 Happiest Minds - 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 Happiest Minds Technologies to buy it.
The correlation of Happiest Minds 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 Happiest Minds moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Happiest Minds Techn 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 Happiest Minds 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 Happiest Minds position
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Other Information on Investing in Happiest Stock
To fully project Happiest Minds' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Happiest Minds Techn 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 Happiest Minds' income statement, its balance sheet, and the statement of cash flows.