SunCar Technology Revenue vs. Return On Equity
| SDA Stock | 10.42 0.05 0.48% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 363.7 M | Current Value 311.9 M | Quarterly Volatility 36.5 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.11 | 0.1146 |
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For SunCar Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SunCar Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SunCar Technology Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SunCar Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SunCar Technology Group over time as well as its relative position and ranking within its peers.
SunCar |
Is Diversified Consumer 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 SunCar Technology. If investors know SunCar 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 SunCar Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.94) | Revenue Per Share 4.449 | Quarterly Revenue Growth 0.274 | Return On Assets (0.20) | Return On Equity (1.28) |
The market value of SunCar Technology is measured differently than its book value, which is the value of SunCar that is recorded on the company's balance sheet. Investors also form their own opinion of SunCar Technology's value that differs from its market value or its book value, called intrinsic value, which is SunCar Technology'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 SunCar Technology's market value can be influenced by many factors that don't directly affect SunCar Technology'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 SunCar Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCar Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCar Technology'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.
SunCar Technology Return On Equity vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SunCar Technology's current stock value. Our valuation model uses many indicators to compare SunCar Technology value to that of its competitors to determine the firm's financial worth. SunCar Technology Group is currently regarded number one company in revenue category among its peers. It also is currently regarded as top stock in return on equity category among its peers . At present, SunCar Technology's Total Revenue is projected to increase significantly based on the last few years of reporting. 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 SunCar Technology's earnings, one of the primary drivers of an investment's value.SunCar Revenue vs. Competition
SunCar Technology Group is currently regarded number one company in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is at this time estimated at about 172.35 Billion. SunCar Technology adds roughly 363.75 Million in revenue claiming only tiny portion of stocks in Consumer Discretionary industry.
SunCar Return On Equity vs. Revenue
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.
SunCar Technology |
| = | 363.75 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.
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.
SunCar Technology |
| = | -1.28 |
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.
SunCar Return On Equity Comparison
SunCar Technology is currently under evaluation in return on equity category among its peers.
SunCar Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SunCar Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SunCar Technology will eventually generate negative long term returns. The profitability progress is the general direction of SunCar Technology's change in net profit over the period of time. It can combine multiple indicators of SunCar Technology, 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 | -1.4 M | -1.4 M | |
| Income Before Tax | -15 M | -14.3 M | |
| Total Other Income Expense Net | 455 K | 432.2 K | |
| Net Loss | -26.9 M | -25.6 M | |
| Net Interest Income | -4.4 M | -4.7 M | |
| Interest Income | 23.1 K | 12.8 K | |
| Operating Income | -15.5 M | -14.7 M | |
| Net Loss | -17.6 M | -16.7 M | |
| Net Loss | -7.7 M | -8.1 M | |
| Income Tax Expense | 2.6 M | 1.5 M | |
| Change To Netincome | 19.2 M | 19.7 M | |
| Net Loss | (0.31) | (0.33) | |
| Income Quality | 1.03 | 1.36 | |
| Net Income Per E B T | 1.79 | 1.88 |
SunCar Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SunCar Technology. 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 SunCar Technology 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 SunCar Technology's important profitability drivers and their relationship over time.
Use SunCar Technology 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 SunCar Technology 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 SunCar Technology will appreciate offsetting losses from the drop in the long position's value.SunCar Technology Pair Trading
SunCar Technology Group Pair Trading Analysis
The ability to find closely correlated positions to SunCar Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SunCar Technology 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 SunCar Technology - 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 SunCar Technology Group to buy it.
The correlation of SunCar Technology 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 SunCar Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SunCar Technology 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 SunCar Technology 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 SunCar Technology position
In addition to having SunCar Technology 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?
Run Petroleum and Natural Gas Thematic Idea Now
Petroleum and Natural Gas
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Petroleum and Natural Gas theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Petroleum and Natural Gas Theme or any other thematic opportunities.
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To fully project SunCar Technology's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SunCar Technology at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include SunCar Technology's income statement, its balance sheet, and the statement of cash flows.