Skyline Price To Earning vs. Current Valuation
SKY Stock | USD 102.10 2.02 2.02% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.17 | 0.2399 |
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Net Profit Margin | 0.0603 | 0.0724 |
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Operating Profit Margin | 0.0402 | 0.0865 |
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Pretax Profit Margin | 0.0325 | 0.0992 |
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Return On Assets | 0.93 | 0.0763 |
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Return On Equity | 2.05 | 0.1031 |
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For Skyline profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Skyline to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Skyline utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Skyline's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Skyline over time as well as its relative position and ranking within its peers.
Skyline |
Skyline's Revenue Breakdown by Earning Segment
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Is Household Durables 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 Skyline. If investors know Skyline 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 Skyline 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 0.19 | Earnings Share 2.58 | Revenue Per Share 40.522 | Quarterly Revenue Growth 0.329 | Return On Assets 0.0629 |
The market value of Skyline is measured differently than its book value, which is the value of Skyline that is recorded on the company's balance sheet. Investors also form their own opinion of Skyline's value that differs from its market value or its book value, called intrinsic value, which is Skyline'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 Skyline's market value can be influenced by many factors that don't directly affect Skyline'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 Skyline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Skyline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Skyline'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.
Skyline Current Valuation vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Skyline's current stock value. Our valuation model uses many indicators to compare Skyline value to that of its competitors to determine the firm's financial worth. Skyline is currently regarded as top stock in price to earning category among its peers. It is rated fourth in current valuation category among its peers reporting about 106,817,994 of Current Valuation per Price To Earning. 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 Skyline's earnings, one of the primary drivers of an investment's value.Skyline Current Valuation vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Skyline |
| = | 49.48 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Skyline |
| = | 5.29 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.
Skyline Current Valuation vs Competition
Skyline is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is at this time estimated at about 56.02 Billion. Skyline holds roughly 5.29 Billion in current valuation claiming about 9% of stocks in Consumer Discretionary industry.
Skyline Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Skyline, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Skyline will eventually generate negative long term returns. The profitability progress is the general direction of Skyline's change in net profit over the period of time. It can combine multiple indicators of Skyline, 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 | -13.9 M | -14.6 M | |
Operating Income | 175.2 M | 184 M | |
Income Before Tax | 200.9 M | 210.9 M | |
Total Other Income Expense Net | 25.6 M | 26.9 M | |
Net Income | 146.7 M | 154 M | |
Income Tax Expense | 47.1 M | 49.5 M | |
Net Income From Continuing Ops | 146.7 M | 154 M | |
Non Operating Income Net Other | 21.7 M | 22.8 M | |
Net Income Applicable To Common Shares | 462.1 M | 485.2 M | |
Net Interest Income | 28.3 M | 29.7 M | |
Interest Income | 32.9 M | 34.5 M | |
Change To Netincome | 18.4 M | 15.8 M | |
Net Income Per Share | 2.57 | 1.17 | |
Income Quality | 1.52 | 0.65 | |
Net Income Per E B T | 0.73 | 1.85 |
Skyline Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Skyline. 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 Skyline 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 Skyline's important profitability drivers and their relationship over time.
Use Skyline 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 Skyline 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 Skyline will appreciate offsetting losses from the drop in the long position's value.Skyline Pair Trading
Skyline Pair Trading Analysis
The ability to find closely correlated positions to Skyline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Skyline 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 Skyline - 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 Skyline to buy it.
The correlation of Skyline 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 Skyline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Skyline 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 Skyline 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 Skyline position
In addition to having Skyline 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 Emerging Markets ETFs Thematic Idea Now
Emerging Markets ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 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 Emerging Markets ETFs Theme or any other thematic opportunities.
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Additional Tools for Skyline Stock Analysis
When running Skyline's price analysis, check to measure Skyline'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 Skyline is operating at the current time. Most of Skyline's value examination focuses on studying past and present price action to predict the probability of Skyline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skyline's price. Additionally, you may evaluate how the addition of Skyline to your portfolios can decrease your overall portfolio volatility.