908 Devices Gross Profit vs. Cash Per Share

MASS Stock  USD 2.70  0.14  5.47%   
Based on 908 Devices' profitability indicators, 908 Devices may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess 908 Devices' ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2019-12-31
Previous Quarter
7.4 M
Current Value
8.3 M
Quarterly Volatility
2.2 M
 
Covid
At this time, 908 Devices' Days Sales Outstanding is comparatively stable compared to the past year. Days Of Sales Outstanding is likely to gain to 107.50 in 2024, whereas Price To Sales Ratio is likely to drop 6.84 in 2024. At this time, 908 Devices' Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 4.7 M in 2024, despite the fact that Net Loss is likely to grow to (36.8 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.420.5041
Significantly Down
Slightly volatile
For 908 Devices profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 908 Devices to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 908 Devices utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 908 Devices's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 908 Devices over time as well as its relative position and ranking within its peers.
  

908 Devices' Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
For more information on how to buy 908 Stock please use our How to Invest in 908 Devices guide.
Is Health Care Equipment & Supplies 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 908 Devices. If investors know 908 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 908 Devices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.79)
Revenue Per Share
1.648
Quarterly Revenue Growth
0.173
Return On Assets
(0.16)
Return On Equity
(0.40)
The market value of 908 Devices is measured differently than its book value, which is the value of 908 that is recorded on the company's balance sheet. Investors also form their own opinion of 908 Devices' value that differs from its market value or its book value, called intrinsic value, which is 908 Devices' 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 908 Devices' market value can be influenced by many factors that don't directly affect 908 Devices' 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 908 Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if 908 Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 908 Devices' 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.

908 Devices Cash Per Share vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining 908 Devices's current stock value. Our valuation model uses many indicators to compare 908 Devices value to that of its competitors to determine the firm's financial worth.
908 Devices is rated below average in gross profit category among its peers. It is regarded fourth in cash per share category among its peers . The ratio of Gross Profit to Cash Per Share for 908 Devices is about  3,860,979 . At this time, 908 Devices' Gross Profit is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value 908 Devices 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.

908 Cash Per Share vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

908 Devices

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
26.02 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

908 Devices

Cash Per Share

 = 

Total Cash

Average Shares

 = 
6.74 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

908 Cash Per Share Comparison

908 Devices is currently under evaluation in cash per share category among its peers.

908 Devices Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in 908 Devices, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 908 Devices will eventually generate negative long term returns. The profitability progress is the general direction of 908 Devices' change in net profit over the period of time. It can combine multiple indicators of 908 Devices, 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 Income1.4 M1.4 M
Net Interest Income4.5 M4.7 M
Operating Income-42.8 M-40.6 M
Net Loss-38.8 M-36.8 M
Income Before Tax-36.6 M-34.8 M
Total Other Income Expense Net6.1 M6.5 M
Net Loss-30.2 M-28.7 M
Net Loss-36.4 M-34.6 M
Income Tax Expense-211 K-221.6 K
Interest Income4.7 M2.7 M
Non Operating Income Net Other2.2 M1.3 M
Change To Netincome8.6 M4.4 M
Net Loss(1.13)(1.19)
Income Quality 0.69  0.79 
Net Income Per E B T 0.99  0.74 

908 Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on 908 Devices. 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 908 Devices 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 908 Devices' important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in 908 Devices without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Money Managers Now

   

Money Managers

Screen money managers from public funds and ETFs managed around the world
All  Next Launch Module

Use Investing Themes to Complement your 908 Devices position

In addition to having 908 Devices 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 Emerging Markets ETFs Thematic Idea Now

Emerging Markets ETFs
Emerging Markets ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 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 Emerging Markets ETFs Theme or any other thematic opportunities.
View All  Next Launch

Additional Tools for 908 Stock Analysis

When running 908 Devices' price analysis, check to measure 908 Devices' 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 908 Devices is operating at the current time. Most of 908 Devices' value examination focuses on studying past and present price action to predict the probability of 908 Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 908 Devices' price. Additionally, you may evaluate how the addition of 908 Devices to your portfolios can decrease your overall portfolio volatility.