Pyxis Tankers Return On Asset vs. Price To Book

PXS Stock  USD 3.88  0.10  2.51%   
Based on Pyxis Tankers' profitability indicators, Pyxis Tankers is performing exceptionally good at this time. It has a great risk to showcase excellent profitability results in December. Profitability indicators assess Pyxis Tankers' ability to earn profits and add value for shareholders. Operating Cash Flow Sales Ratio is likely to gain to 0.50 in 2024, whereas Price To Sales Ratio is likely to drop 0.93 in 2024. At this time, Pyxis Tankers' Operating Income is comparatively stable compared to the past year. Net Income From Continuing Ops is likely to gain to about 22.7 M in 2024, despite the fact that Income Tax Expense is likely to grow to (190.9 K).
For Pyxis Tankers profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pyxis Tankers to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pyxis Tankers utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pyxis Tankers's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pyxis Tankers over time as well as its relative position and ranking within its peers.
  

Pyxis Tankers' Revenue Breakdown by Earning Segment

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Is Marine Transportation 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 Pyxis Tankers. If investors know Pyxis 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 Pyxis Tankers 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
0.834
Earnings Share
2.73
Revenue Per Share
4.739
Quarterly Revenue Growth
0.463
Return On Assets
0.0778
The market value of Pyxis Tankers is measured differently than its book value, which is the value of Pyxis that is recorded on the company's balance sheet. Investors also form their own opinion of Pyxis Tankers' value that differs from its market value or its book value, called intrinsic value, which is Pyxis Tankers' 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 Pyxis Tankers' market value can be influenced by many factors that don't directly affect Pyxis Tankers' 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 Pyxis Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pyxis Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pyxis Tankers' 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.

Pyxis Tankers Price To Book vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Pyxis Tankers's current stock value. Our valuation model uses many indicators to compare Pyxis Tankers value to that of its competitors to determine the firm's financial worth.
Pyxis Tankers is rated below average in return on asset category among its peers. It is rated below average in price to book category among its peers fabricating about  5.44  of Price To Book per Return On Asset. Price To Book Ratio is likely to drop to 0.44 in 2024. Comparative valuation analysis is a catch-all technique that is used if you cannot value Pyxis Tankers 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.

Pyxis Price To Book 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.

Pyxis Tankers

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0778
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.
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.

Pyxis Tankers

P/B

 = 

MV Per Share

BV Per Share

 = 
0.42 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.

Pyxis Price To Book Comparison

Pyxis Tankers is currently under evaluation in price to book category among its peers.

Pyxis Tankers Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Pyxis Tankers, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pyxis Tankers will eventually generate negative long term returns. The profitability progress is the general direction of Pyxis Tankers' change in net profit over the period of time. It can combine multiple indicators of Pyxis Tankers, 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
Operating Income41.9 M44 M
Net Income From Continuing Ops21.7 M22.7 M
Income Before Tax36.8 M38.7 M
Total Other Income Expense Net-5 M-5.3 M
Net Income Applicable To Common Shares14.4 M15.1 M
Net Income37 M38.9 M
Income Tax Expense-201 K-190.9 K
Interest Income1.2 MM
Net Interest Income-4.8 M-5.1 M
Change To Netincome-362.7 K-344.6 K
Net Income Per Share 3.46  3.63 
Income Quality 0.58  0.55 
Net Income Per E B T 1.16  1.55 

Pyxis Profitability Driver Comparison

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

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Additional Tools for Pyxis Stock Analysis

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