Remitly Global Return On Equity vs. Current Valuation
| RELY Stock | USD 20.52 0.52 2.47% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.22) | Current Value (0.21) | Quarterly Volatility 0.90968897 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.29 | 0.5641 |
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For Remitly Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Remitly Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Remitly Global utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Remitly Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Remitly Global over time as well as its relative position and ranking within its peers.
Remitly |
Remitly Global's Revenue Breakdown by Earning Segment
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Is Transaction & Payment Processing Services 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 Remitly Global. If investors know Remitly 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 Remitly Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 6.146 | Quarterly Revenue Growth 0.393 | Return On Assets (0.05) | Return On Equity (0.11) |
The market value of Remitly Global is measured differently than its book value, which is the value of Remitly that is recorded on the company's balance sheet. Investors also form their own opinion of Remitly Global's value that differs from its market value or its book value, called intrinsic value, which is Remitly Global's 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 Remitly Global's market value can be influenced by many factors that don't directly affect Remitly Global's 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 Remitly Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Remitly Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Remitly Global's 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.
Remitly Global Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Remitly Global's current stock value. Our valuation model uses many indicators to compare Remitly Global value to that of its competitors to determine the firm's financial worth. Remitly Global is currently regarded as top stock in return on equity category among its peers. It also is currently regarded number one company in current valuation category among its peers . At this time, Remitly Global's Return On Equity 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 Remitly Global's earnings, one of the primary drivers of an investment's value.Remitly Global's Earnings Breakdown by Geography
Remitly Current Valuation vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Remitly Global |
| = | -0.11 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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.
Remitly Global |
| = | 3.86 B |
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.
Remitly Current Valuation vs Competition
Remitly Global is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is at this time estimated at about 54.63 Billion. Remitly Global holds roughly 3.86 Billion in current valuation claiming about 7% of equities under Financials industry.
Remitly Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Remitly Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Remitly Global will eventually generate negative long term returns. The profitability progress is the general direction of Remitly Global's change in net profit over the period of time. It can combine multiple indicators of Remitly Global, 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 | 335 K | 318.2 K | |
| Operating Income | -114.2 M | -108.5 M | |
| Income Before Tax | -111.9 M | -106.3 M | |
| Total Other Income Expense Net | 2.3 M | 2.1 M | |
| Net Loss | -117.8 M | -111.9 M | |
| Income Tax Expense | 5.9 M | 6.2 M | |
| Net Interest Income | 5.1 M | 5.3 M | |
| Interest Income | 7.4 M | 7.8 M | |
| Net Loss | -117.8 M | -111.9 M | |
| Net Loss | -102.6 M | -97.5 M | |
| Change To Netincome | 112.3 M | 117.9 M | |
| Net Loss | (0.65) | (0.62) | |
| Income Quality | 0.45 | 0.43 | |
| Net Income Per E B T | 1.05 | 1.29 |
Remitly Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Remitly Global. 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 Remitly Global 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 Remitly Global's important profitability drivers and their relationship over time.
Use Remitly Global 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 Remitly Global 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 Remitly Global will appreciate offsetting losses from the drop in the long position's value.Remitly Global Pair Trading
Remitly Global Pair Trading Analysis
The ability to find closely correlated positions to Remitly Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Remitly Global 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 Remitly Global - 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 Remitly Global to buy it.
The correlation of Remitly Global 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 Remitly Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Remitly Global 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 Remitly Global 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 Remitly Global position
In addition to having Remitly Global 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 Remitly Stock Analysis
When running Remitly Global's price analysis, check to measure Remitly Global'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 Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.