Secureworks Corp Return On Equity vs. Price To Book
| SCWX Stock | USD 8.37 0.01 0.12% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.17) | Current Value (0.05) | Quarterly Volatility 0.05668623 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.54 | 0.5952 |
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For Secureworks Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Secureworks Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Secureworks Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Secureworks Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Secureworks Corp over time as well as its relative position and ranking within its peers.
Secureworks |
Secureworks Corp's Revenue Breakdown by Earning Segment
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Is Systems Software 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 Secureworks Corp. If investors know Secureworks 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 Secureworks Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.84) | Revenue Per Share 3.973 | Quarterly Revenue Growth (0.12) | Return On Assets (0.05) | Return On Equity (0.15) |
The market value of Secureworks Corp is measured differently than its book value, which is the value of Secureworks that is recorded on the company's balance sheet. Investors also form their own opinion of Secureworks Corp's value that differs from its market value or its book value, called intrinsic value, which is Secureworks Corp'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 Secureworks Corp's market value can be influenced by many factors that don't directly affect Secureworks Corp'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 Secureworks Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Secureworks Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Secureworks Corp'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.
Secureworks Corp Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Secureworks Corp's current stock value. Our valuation model uses many indicators to compare Secureworks Corp value to that of its competitors to determine the firm's financial worth. Secureworks Corp is rated below average in return on equity category among its peers. It is rated below average in price to book category among its peers . At this time, Secureworks Corp'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 Secureworks Corp's earnings, one of the primary drivers of an investment's value.Secureworks Price To Book 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.
Secureworks Corp |
| = | -0.15 |
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.
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.
Secureworks Corp |
| = | 1.61 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.
Secureworks Price To Book Comparison
Secureworks Corp is currently under evaluation in price to book category among its peers.
Secureworks Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Secureworks Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Secureworks Corp will eventually generate negative long term returns. The profitability progress is the general direction of Secureworks Corp's change in net profit over the period of time. It can combine multiple indicators of Secureworks Corp, 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 | -5.8 M | -5.5 M | |
| Operating Income | -94.8 M | -99.6 M | |
| Income Before Tax | -114.5 M | -120.2 M | |
| Total Other Income Expense Net | -19.7 M | -18.7 M | |
| Net Loss | -86 M | -81.7 M | |
| Income Tax Expense | -28.5 M | -29.9 M | |
| Net Loss | -86 M | -81.7 M | |
| Net Loss | -103 M | -97.9 M | |
| Interest Income | 930.6 K | 884.1 K | |
| Net Interest Income | -2.6 M | -2.4 M | |
| Non Operating Income Net Other | 1.1 M | 1.2 M | |
| Change To Netincome | 10.7 M | 11.3 M | |
| Net Loss | (1.00) | (0.39) | |
| Income Quality | 0.69 | (2.49) | |
| Net Income Per E B T | 0.75 | 0.62 |
Secureworks Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Secureworks Corp. 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 Secureworks Corp 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 Secureworks Corp's important profitability drivers and their relationship over time.
Use Secureworks Corp 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 Secureworks Corp 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 Secureworks Corp will appreciate offsetting losses from the drop in the long position's value.Secureworks Corp Pair Trading
Secureworks Corp Pair Trading Analysis
The ability to find closely correlated positions to Secureworks Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Secureworks Corp 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 Secureworks Corp - 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 Secureworks Corp to buy it.
The correlation of Secureworks Corp 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 Secureworks Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Secureworks Corp 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 Secureworks Corp 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 Secureworks Corp position
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Additional Tools for Secureworks Stock Analysis
When running Secureworks Corp's price analysis, check to measure Secureworks Corp'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 Secureworks Corp is operating at the current time. Most of Secureworks Corp's value examination focuses on studying past and present price action to predict the probability of Secureworks Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Secureworks Corp's price. Additionally, you may evaluate how the addition of Secureworks Corp to your portfolios can decrease your overall portfolio volatility.