Innovex International, Operating Margin vs. Price To Book
| INVX Stock | 17.58 0.22 1.27% |
Innovex International, Operating Profit Margin |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.41 | 0.2722 |
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For Innovex International, profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Innovex International, to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Innovex International, utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Innovex International,'s most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Innovex International, over time as well as its relative position and ranking within its peers.
Innovex |
Is Energy Equipment & 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 Innovex International,. If investors know Innovex 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 Innovex International, 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 3.146 | Earnings Share 1.05 | Revenue Per Share 30.563 | Quarterly Revenue Growth 0.092 | Return On Assets 0.0562 |
The market value of Innovex International, is measured differently than its book value, which is the value of Innovex that is recorded on the company's balance sheet. Investors also form their own opinion of Innovex International,'s value that differs from its market value or its book value, called intrinsic value, which is Innovex International,'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 Innovex International,'s market value can be influenced by many factors that don't directly affect Innovex International,'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 Innovex International,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovex International, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovex International,'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.
Innovex International, Price To Book vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Innovex International,'s current stock value. Our valuation model uses many indicators to compare Innovex International, value to that of its competitors to determine the firm's financial worth. Innovex International, is rated below average in operating margin category among its peers. It is rated below average in price to book category among its peers fabricating about 28.73 of Price To Book per Operating Margin. At this time, Innovex International,'s Operating Profit Margin is fairly 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 Innovex International,'s earnings, one of the primary drivers of an investment's value.Innovex Price To Book vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Innovex International, |
| = | 0.05 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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.
Innovex International, |
| = | 1.31 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.
Innovex Price To Book Comparison
Innovex International, is currently under evaluation in price to book category among its peers.
Innovex International, Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Innovex International,, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Innovex International, will eventually generate negative long term returns. The profitability progress is the general direction of Innovex International,'s change in net profit over the period of time. It can combine multiple indicators of Innovex International,, 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 | -170.1 M | -161.6 M | |
| Operating Income | 1.4 M | 1.3 M | |
| Income Before Tax | 13.5 M | 10.5 M | |
| Total Other Income Expense Net | 12.1 M | 12.7 M | |
| Net Income | 604 K | 573.8 K | |
| Income Tax Expense | 12.9 M | 13.5 M | |
| Net Interest Income | -3.6 M | -3.8 M | |
| Net Income From Continuing Ops | 72.8 M | 40.2 M | |
| Net Income Per Share | 0.02 | 0.02 | |
| Income Quality | 12.79 | 13.43 | |
| Net Income Per E B T | 0.04 | 0.04 |
Innovex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Innovex International,. 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 Innovex International, 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 Innovex International,'s important profitability drivers and their relationship over time.
Use Innovex International, 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 Innovex International, 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 Innovex International, will appreciate offsetting losses from the drop in the long position's value.Innovex International, Pair Trading
Innovex International, Pair Trading Analysis
The ability to find closely correlated positions to Innovex International, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovex International, 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 Innovex International, - 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 Innovex International, to buy it.
The correlation of Innovex International, 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 Innovex International, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovex International, 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 Innovex International, 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 Innovex International, position
In addition to having Innovex International, 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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Investor Favorites
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 constituents at this time.
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Additional Tools for Innovex Stock Analysis
When running Innovex International,'s price analysis, check to measure Innovex International,'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 Innovex International, is operating at the current time. Most of Innovex International,'s value examination focuses on studying past and present price action to predict the probability of Innovex International,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovex International,'s price. Additionally, you may evaluate how the addition of Innovex International, to your portfolios can decrease your overall portfolio volatility.