Readytech Holdings Current Valuation vs. Profit Margin
| RDY Stock | 2.95 0.05 1.72% |
For Readytech Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Readytech Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Readytech Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Readytech Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Readytech Holdings over time as well as its relative position and ranking within its peers.
Readytech |
Readytech Holdings Profit Margin vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Readytech Holdings's current stock value. Our valuation model uses many indicators to compare Readytech Holdings value to that of its competitors to determine the firm's financial worth. Readytech Holdings is rated below average in current valuation category among its peers. It also is rated below average in profit margin category among its peers . The ratio of Current Valuation to Profit Margin for Readytech Holdings is about 7,912,614,188 . 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 Readytech Holdings' earnings, one of the primary drivers of an investment's value.Readytech Current Valuation vs. Competition
Readytech Holdings is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is at this time estimated at about 11.75 Billion. Readytech Holdings holds roughly 379.81 Million in current valuation claiming about 3% of equities under Information Technology industry.
Readytech Profit Margin vs. Current Valuation
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.
Readytech Holdings |
| = | 379.81 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.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Readytech Holdings |
| = | 0.05 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Readytech Profit Margin Comparison
Readytech Holdings is currently under evaluation in profit margin category among its peers.
Readytech Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Readytech Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Readytech Holdings will eventually generate negative long term returns. The profitability progress is the general direction of Readytech Holdings' change in net profit over the period of time. It can combine multiple indicators of Readytech Holdings, 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 | -78.5 M | -82.5 M | |
| Interest Income | 31 K | 29.4 K | |
| Operating Income | 14.2 M | 7.5 M | |
| Net Income From Continuing Ops | 5.5 M | 3.9 M | |
| Income Before Tax | 6.4 M | 4.1 M | |
| Net Income Applicable To Common Shares | 5.7 M | 3.3 M | |
| Net Income | 5.5 M | 3.1 M | |
| Income Tax Expense | 946 K | 1.2 M | |
| Total Other Income Expense Net | -7.7 M | -7.4 M | |
| Net Interest Income | -3.3 M | -3.1 M | |
| Change To Netincome | 6 M | 6.3 M |
Readytech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Readytech Holdings. 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 Readytech Holdings 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 Readytech Holdings' important profitability drivers and their relationship over time.
Use Readytech Holdings 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 Readytech Holdings 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 Readytech Holdings will appreciate offsetting losses from the drop in the long position's value.Readytech Holdings Pair Trading
Readytech Holdings Pair Trading Analysis
The ability to find closely correlated positions to Readytech Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Readytech Holdings 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 Readytech Holdings - 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 Readytech Holdings to buy it.
The correlation of Readytech Holdings 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 Readytech Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Readytech Holdings 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 Readytech Holdings 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 Readytech Holdings position
In addition to having Readytech Holdings 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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Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 47 constituents at this time.
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Additional Tools for Readytech Stock Analysis
When running Readytech Holdings' price analysis, check to measure Readytech Holdings' 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 Readytech Holdings is operating at the current time. Most of Readytech Holdings' value examination focuses on studying past and present price action to predict the probability of Readytech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Readytech Holdings' price. Additionally, you may evaluate how the addition of Readytech Holdings to your portfolios can decrease your overall portfolio volatility.