Hirequest EBITDA vs. Market Capitalization
| HQI Stock | USD 15.64 0.12 0.77% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 14 M | Current Value 14.7 M | Quarterly Volatility 5.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.88 | 0.84 |
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For Hirequest profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hirequest to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hirequest utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hirequest's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hirequest over time as well as its relative position and ranking within its peers.
Hirequest |
Hirequest's Revenue Breakdown by Earning Segment
Check out Risk vs Return Analysis.
Is Human Resource & Employment Services 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 Hirequest. If investors know Hirequest 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 Hirequest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.007 | Dividend Share 0.24 | Earnings Share 0.14 | Revenue Per Share 2.626 | Quarterly Revenue Growth 0.016 |
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest'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 Hirequest's market value can be influenced by many factors that don't directly affect Hirequest'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 Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest'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.
Hirequest Market Capitalization vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hirequest's current stock value. Our valuation model uses many indicators to compare Hirequest value to that of its competitors to determine the firm's financial worth. Hirequest is rated # 4 in ebitda category among its peers. It also is rated # 4 in market capitalization category among its peers creating about 15.58 of Market Capitalization per EBITDA. As of now, Hirequest's EBITDA is increasing as compared to previous years. 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 Hirequest's earnings, one of the primary drivers of an investment's value.Hirequest Market Capitalization vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Hirequest |
| = | 13.97 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Hirequest |
| = | 217.71 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Hirequest Market Capitalization vs Competition
Hirequest is rated # 4 in market capitalization category among its peers. Market capitalization of Industrials industry is currently estimated at about 101.92 Billion. Hirequest adds roughly 217.71 Million in market capitalization claiming only tiny portion of equities under Industrials industry.
Hirequest Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hirequest, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hirequest will eventually generate negative long term returns. The profitability progress is the general direction of Hirequest's change in net profit over the period of time. It can combine multiple indicators of Hirequest, 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 | ||
| Operating Income | 10.6 M | 11.2 M | |
| Income Before Tax | 7.8 M | 8.2 M | |
| Total Other Income Expense Net | -2.9 M | -3 M | |
| Net Income | 6.4 M | 6.8 M | |
| Income Tax Expense | 1.3 M | 1.1 M | |
| Net Income Applicable To Common Shares | 14.3 M | 15 M | |
| Interest Income | 246 K | 301.2 K | |
| Net Interest Income | -1 M | -970 K | |
| Net Income From Continuing Ops | 8.5 M | 5.6 M | |
| Non Operating Income Net Other | -1.6 M | -1.5 M | |
| Change To Netincome | 6.3 M | 6.6 M | |
| Net Income Per Share | 0.45 | 0.47 | |
| Income Quality | 1.65 | 1.73 | |
| Net Income Per E B T | 0.79 | 0.83 |
Hirequest Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hirequest. 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 Hirequest 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 Hirequest's important profitability drivers and their relationship over time.
Use Hirequest 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 Hirequest 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 Hirequest will appreciate offsetting losses from the drop in the long position's value.Hirequest Pair Trading
Hirequest Pair Trading Analysis
The ability to find closely correlated positions to Hirequest could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hirequest 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 Hirequest - 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 Hirequest to buy it.
The correlation of Hirequest 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 Hirequest moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hirequest 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 Hirequest 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 Hirequest position
In addition to having Hirequest 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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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Coal theme has 12 constituents at this time.
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Check out Risk vs Return Analysis. For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Hirequest's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hirequest 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 Hirequest's income statement, its balance sheet, and the statement of cash flows.