Lytus Technologies Return On Asset vs. Shares Owned By Insiders

LYT Stock  USD 1.63  0.02  1.24%   
Based on Lytus Technologies' profitability indicators, Lytus Technologies' profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess Lytus Technologies' ability to earn profits and add value for shareholders. Operating Cash Flow Sales Ratio is likely to gain to 0.04 in 2024, whereas Price To Sales Ratio is likely to drop 0.23 in 2024. At this time, Lytus Technologies' Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 685.8 K in 2024, whereas Income Tax Expense is likely to drop slightly above 140.1 K in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.170.1782
Sufficiently Down
Slightly volatile
Operating Profit Margin0.0640.0674
Notably Down
Pretty Stable
For Lytus Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lytus Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lytus Technologies Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lytus Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lytus Technologies Holdings over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Application Software 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 Lytus Technologies. If investors know Lytus 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 Lytus Technologies 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
(0.70)
Earnings Share
0.3
Revenue Per Share
22.081
Quarterly Revenue Growth
0.267
Return On Assets
(0)
The market value of Lytus Technologies is measured differently than its book value, which is the value of Lytus that is recorded on the company's balance sheet. Investors also form their own opinion of Lytus Technologies' value that differs from its market value or its book value, called intrinsic value, which is Lytus Technologies' 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 Lytus Technologies' market value can be influenced by many factors that don't directly affect Lytus Technologies' 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 Lytus Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lytus Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lytus Technologies' 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.

Lytus Technologies Shares Owned By Insiders vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Lytus Technologies's current stock value. Our valuation model uses many indicators to compare Lytus Technologies value to that of its competitors to determine the firm's financial worth.
Lytus Technologies Holdings is rated second overall in return on asset category among its peers. It also is rated second overall in shares owned by insiders category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Lytus Technologies by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Lytus Shares Owned By Insiders vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Lytus Technologies

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0043
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.

Lytus Technologies

Insiders Shares

 = 

Executives Shares

+

Employees

 = 
66.76 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.

Lytus Shares Owned By Insiders Comparison

Lytus Technologies is currently regarded as number one stock in shares owned by insiders category among its peers.

Lytus Technologies Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Lytus Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lytus Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Lytus Technologies' change in net profit over the period of time. It can combine multiple indicators of Lytus Technologies, 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 Income5.6 M5.8 M
Operating Income1.4 M1.1 M
Net Income From Continuing Ops653.2 K685.8 K
Income Before Tax800.7 K840.7 K
Net Loss-351.1 K-333.5 K
Net Income287.7 K302.1 K
Income Tax Expense147.5 K140.1 K
Total Other Income Expense Net-639 K-607 K
Net Interest Income-639 K-670.9 K
Change To Netincome1.4 M1.3 M
Net Income Per Share 0.30  0.31 
Income Quality 3.08  3.23 
Net Income Per E B T 0.36  0.18 

Lytus Profitability Driver Comparison

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

Use Lytus Technologies 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 Lytus Technologies 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 Lytus Technologies will appreciate offsetting losses from the drop in the long position's value.

Lytus Technologies Pair Trading

Lytus Technologies Holdings Pair Trading Analysis

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

In addition to having Lytus Technologies 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 Personal Services Thematic Idea Now

Personal Services
Personal Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 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 Personal Services Theme or any other thematic opportunities.
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Additional Tools for Lytus Stock Analysis

When running Lytus Technologies' price analysis, check to measure Lytus Technologies' 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 Lytus Technologies is operating at the current time. Most of Lytus Technologies' value examination focuses on studying past and present price action to predict the probability of Lytus Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lytus Technologies' price. Additionally, you may evaluate how the addition of Lytus Technologies to your portfolios can decrease your overall portfolio volatility.