Knowles Cor Shares Outstanding vs. Price To Book

KN Stock  USD 19.28  0.35  1.85%   
Considering Knowles Cor's profitability and operating efficiency indicators, Knowles Cor is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in December. Profitability indicators assess Knowles Cor's ability to earn profits and add value for shareholders. At this time, Knowles Cor's Days Sales Outstanding is very stable compared to the past year. As of the 26th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.21, while Price To Sales Ratio is likely to drop 1.58. At this time, Knowles Cor's Income Before Tax is very stable compared to the past year. As of the 26th of November 2024, Net Income is likely to grow to about 76 M, though Accumulated Other Comprehensive Income is likely to grow to (123.3 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.280.3862
Way Down
Very volatile
For Knowles Cor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Knowles Cor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Knowles Cor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Knowles Cor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Knowles Cor over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
To learn how to invest in Knowles Stock, please use our How to Invest in Knowles Cor guide.
Is Electronic Equipment, Instruments & Components 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 Knowles Cor. If investors know Knowles 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 Knowles Cor 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
(0.98)
Earnings Share
0.51
Revenue Per Share
8.96
Quarterly Revenue Growth
0.318
Return On Assets
0.0329
The market value of Knowles Cor is measured differently than its book value, which is the value of Knowles that is recorded on the company's balance sheet. Investors also form their own opinion of Knowles Cor's value that differs from its market value or its book value, called intrinsic value, which is Knowles Cor'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 Knowles Cor's market value can be influenced by many factors that don't directly affect Knowles Cor'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 Knowles Cor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Knowles Cor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knowles Cor'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.

Knowles Cor Price To Book vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Knowles Cor's current stock value. Our valuation model uses many indicators to compare Knowles Cor value to that of its competitors to determine the firm's financial worth.
Knowles Cor is rated second overall in shares outstanding category among its peers. It also is rated second overall in price to book category among its peers . The ratio of Shares Outstanding to Price To Book for Knowles Cor is about  40,320,894 . As of the 26th of November 2024, Price To Book Ratio is likely to drop to 1.56. 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 Knowles Cor's earnings, one of the primary drivers of an investment's value.

Knowles Cor's Earnings Breakdown by Geography

Knowles Price To Book vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Knowles Cor

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
88.07 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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.

Knowles Cor

P/B

 = 

MV Per Share

BV Per Share

 = 
2.18 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.

Knowles Price To Book Comparison

Knowles Cor is currently under evaluation in price to book category among its peers.

Knowles Cor Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Knowles Cor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Knowles Cor will eventually generate negative long term returns. The profitability progress is the general direction of Knowles Cor's change in net profit over the period of time. It can combine multiple indicators of Knowles Cor, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-129.8 M-123.3 M
Operating Income51.1 M40.8 M
Income Before Tax45 M47.2 M
Total Other Income Expense Net-6.1 M-6.4 M
Net Loss-387.1 M-367.7 M
Net Income72.4 M76 M
Income Tax Expense-27.4 M-26 M
Net Loss-183 M-173.8 M
Non Operating Income Net Other450 K711.1 K
Interest IncomeM1.6 M
Net Interest Income-3.4 M-3.6 M
Change To Netincome585.6 M614.9 M
Net Income Per Share 0.80  0.84 
Income Quality 1.69  1.78 
Net Income Per E B T 1.61  0.85 

Knowles Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Knowles Cor. 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 Knowles Cor 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 Knowles Cor's important profitability drivers and their relationship over time.

Use Knowles Cor 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 Knowles Cor 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 Knowles Cor will appreciate offsetting losses from the drop in the long position's value.

Knowles Cor Pair Trading

Knowles Cor Pair Trading Analysis

The ability to find closely correlated positions to Knowles Cor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Knowles Cor 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 Knowles Cor - 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 Knowles Cor to buy it.
The correlation of Knowles Cor 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 Knowles Cor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Knowles Cor 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 Knowles Cor 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Knowles Cor position

In addition to having Knowles Cor 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?

Run Real Estate Thematic Idea Now

Real Estate
Real Estate Theme
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate Theme or any other thematic opportunities.
View All  Next Launch
Check out Correlation Analysis.
To learn how to invest in Knowles Stock, please use our How to Invest in Knowles Cor guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
To fully project Knowles Cor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Knowles Cor 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 Knowles Cor's income statement, its balance sheet, and the statement of cash flows.
Potential Knowles Cor investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Knowles Cor investors may work on each financial statement separately, they are all related. The changes in Knowles Cor's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Knowles Cor's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.