Network Media Price To Sales vs. Revenue
| NTE Stock | CAD 0.1 0.01 5.00% |
Network Media Price To Sales Ratio |
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For Network Media profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Network Media to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Network Media Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Network Media's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Network Media Group over time as well as its relative position and ranking within its peers.
Network |
Network Media Group Revenue vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Network Media's current stock value. Our valuation model uses many indicators to compare Network Media value to that of its competitors to determine the firm's financial worth. Network Media Group is considered to be number one stock in price to sales category among its peers. It also is rated top company in revenue category among its peers totaling about 39,419,552 of Revenue per Price To Sales. At this time, Network Media's Price To Sales Ratio 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 Network Media's earnings, one of the primary drivers of an investment's value.Network Revenue vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Network Media |
| = | 0.18 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Network Media |
| = | 7.13 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Network Revenue vs Competition
Network Media Group is rated top company in revenue category among its peers. Market size based on revenue of Communication Services industry is now estimated at about 114.38 Million. Network Media holds roughly 7.13 Million in revenue claiming about 6% of stocks in Communication Services industry.
Network Media Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Network Media, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Network Media will eventually generate negative long term returns. The profitability progress is the general direction of Network Media's change in net profit over the period of time. It can combine multiple indicators of Network Media, 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 | 1.9 M | 1.1 M | |
| Operating Income | -466.3 K | -443 K | |
| Income Before Tax | -317.1 K | -301.3 K | |
| Total Other Income Expense Net | 149.2 K | 156.6 K | |
| Net Loss | -369.1 K | -350.6 K | |
| Income Tax Expense | 40.7 K | 65.4 K | |
| Net Loss | -369.1 K | -350.6 K | |
| Net Income Applicable To Common Shares | 687 K | 721.3 K | |
| Net Interest Income | -241.8 K | -253.9 K | |
| Interest Income | 106.5 K | 111.8 K | |
| Change To Netincome | 751.8 K | 789.4 K | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | (17.62) | (16.74) | |
| Net Income Per E B T | 1.05 | 0.80 |
Network Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Network Media. 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 Network Media 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 Network Media's important profitability drivers and their relationship over time.
Use Network Media 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 Network Media 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 Network Media will appreciate offsetting losses from the drop in the long position's value.Network Media Pair Trading
Network Media Group Pair Trading Analysis
The ability to find closely correlated positions to Network Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Network Media 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 Network Media - 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 Network Media Group to buy it.
The correlation of Network Media 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 Network Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Network Media Group 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 Network Media 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 Network Media position
In addition to having Network Media 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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Additional Tools for Network Stock Analysis
When running Network Media's price analysis, check to measure Network Media'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 Network Media is operating at the current time. Most of Network Media's value examination focuses on studying past and present price action to predict the probability of Network Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Network Media's price. Additionally, you may evaluate how the addition of Network Media to your portfolios can decrease your overall portfolio volatility.