II-VI Incorporated Revenue vs. EBITDA
Based on the measurements of profitability obtained from II-VI Incorporated's financial statements, II VI Incorporated may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess II-VI Incorporated's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Please note, there is a significant difference between II-VI Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if II-VI Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, II-VI Incorporated'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.
For II-VI Incorporated profitability analysis, we use financial ratios and fundamental drivers that measure the ability of II-VI Incorporated to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well II VI Incorporated utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between II-VI Incorporated's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of II VI Incorporated over time as well as its relative position and ranking within its peers.
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II-VI Incorporated EBITDA vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining II-VI Incorporated's current stock value. Our valuation model uses many indicators to compare II-VI Incorporated value to that of its competitors to determine the firm's financial worth. II VI Incorporated is rated second overall in revenue category among its peers. It is currently regarded as number one stock in ebitda category among its peers totaling about 0.21 of EBITDA per Revenue. The ratio of Revenue to EBITDA for II VI Incorporated is roughly 4.81 . 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 II-VI Incorporated's earnings, one of the primary drivers of an investment's value.II-VI Revenue vs. Competition
II VI Incorporated is rated second overall in revenue category among its peers. Market size based on revenue of Information Technology industry is currently estimated at about 11.78 Billion. II-VI Incorporated totals roughly 3.32 Billion in revenue claiming about 28% of equities under Information Technology industry.
II-VI EBITDA 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.
II-VI Incorporated |
| = | 3.32 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.
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.
II-VI Incorporated |
| = | 689.84 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.
II-VI EBITDA Comparison
II VI is currently under evaluation in ebitda category among its peers.
II-VI Incorporated Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in II-VI Incorporated, profitability is also one of the essential criteria for including it into their portfolios because, without profit, II-VI Incorporated will eventually generate negative long term returns. The profitability progress is the general direction of II-VI Incorporated's change in net profit over the period of time. It can combine multiple indicators of II-VI Incorporated, 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.
II-VI Incorporated develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. II-VI Incorporated was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania. II VI operates under Scientific Technical Instruments classification in the United States and is traded on NMS Exchange. It employs 22961 people.
II-VI Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on II-VI Incorporated. 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 II-VI Incorporated 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 II-VI Incorporated's important profitability drivers and their relationship over time.
Use II-VI Incorporated 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 II-VI Incorporated 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 II-VI Incorporated will appreciate offsetting losses from the drop in the long position's value.II-VI Incorporated Pair Trading
II VI Incorporated Pair Trading Analysis
The ability to find closely correlated positions to Abbott Laboratories could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Abbott Laboratories 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 Abbott Laboratories - 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 Abbott Laboratories to buy it.
The correlation of Abbott Laboratories 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 Abbott Laboratories moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Abbott Laboratories 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 Abbott Laboratories 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 II-VI Incorporated position
In addition to having II-VI Incorporated 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 Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in II-VI Stock
If you are still planning to invest in II-VI Incorporated check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the II-VI Incorporated's history and understand the potential risks before investing.
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