Modular Medical Net Income vs. Current Valuation
Will Health Care Equipment & Supplies sector continue expanding? Could Modular diversify its offerings? Factors like these will boost the valuation of Modular Medical. Expected growth trajectory for Modular significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Modular Medical data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Understanding Modular Medical requires distinguishing between market price and book value, where the latter reflects Modular's accounting equity. The concept of intrinsic value - what Modular Medical's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Modular Medical's price substantially above or below its fundamental value.
Understanding that Modular Medical's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Modular Medical represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Modular Medical's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
Modular Medical Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Modular Medical's current stock value. Our valuation model uses many indicators to compare Modular Medical value to that of its competitors to determine the firm's financial worth. Modular Medical is rated below average in net income category among its peers. It is regarded third in current valuation category among its peers . At present, Modular Medical's Net Loss is projected to decrease significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Modular Medical 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.Modular Current Valuation vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Modular Medical |
| = | (18.82 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Modular Medical |
| = | 33.53 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Modular Current Valuation vs Competition
Modular Medical is regarded third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is now estimated at about 210.09 Million. Modular Medical retains roughly 33.53 Million in current valuation claiming about 16% of equities under Health Care industry.
Modular Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Modular Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Modular Medical will eventually generate negative long term returns. The profitability progress is the general direction of Modular Medical's change in net profit over the period of time. It can combine multiple indicators of Modular Medical, 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 | ||
| Operating Income | -17.1 M | -16.3 M | |
| Income Before Tax | -16.9 M | -16.1 M | |
| Total Other Income Expense Net | 203.4 K | 213.6 K | |
| Net Loss | -16.9 M | -16.1 M | |
| Income Tax Expense | 2.3 K | 2.4 K | |
| Net Interest Income | -492.6 K | -517.2 K | |
| Net Loss | -16.9 M | -16.1 M | |
| Net Loss | -12.5 M | -11.9 M | |
| Interest Income | 117.00 | 111.15 | |
| Change To Netincome | 3.1 M | 1.9 M | |
| Net Loss | (0.58) | (0.61) | |
| Income Quality | 0.75 | 0.51 | |
| Net Income Per E B T | 1.15 | 1.10 |
Modular Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Modular Medical. 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 Modular Medical 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 Modular Medical's important profitability drivers and their relationship over time.
Modular Medical Earnings per Share Projection vs Actual
Use Modular Medical 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 Modular Medical 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 Modular Medical will appreciate offsetting losses from the drop in the long position's value.Modular Medical Pair Trading
Modular Medical Pair Trading Analysis
The ability to find closely correlated positions to Modular Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Modular Medical 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 Modular Medical - 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 Modular Medical to buy it.
The correlation of Modular Medical 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 Modular Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Modular Medical 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 Modular Medical 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 Modular Medical position
In addition to having Modular Medical 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 Correlation Analysis. For information on how to trade Modular Stock refer to our How to Trade Modular Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
To fully project Modular Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Modular Medical 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 Modular Medical's income statement, its balance sheet, and the statement of cash flows.