Skyline Price To Earning vs. Revenue

SKY Stock  USD 104.25  2.15  2.11%   
Based on the measurements of profitability obtained from Skyline's financial statements, Skyline's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Skyline's ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to drop to 0.27 in 2024. Days Sales Outstanding is likely to drop to 5.40 in 2024. At this time, Skyline's Net Income Per E B T is fairly stable compared to the past year.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.170.2399
Way Down
Slightly volatile
Net Profit Margin0.06030.0724
Significantly Down
Slightly volatile
Operating Profit Margin0.04020.0865
Way Down
Slightly volatile
Pretax Profit Margin0.03250.0992
Way Down
Slightly volatile
Return On Assets0.930.0763
Way Up
Slightly volatile
Return On Equity2.050.1031
Way Up
Slightly volatile
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's Revenue Breakdown by Earning Segment

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For more information on how to buy Skyline Stock please use our How to Invest in Skyline guide.
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 Revenue 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 below average in revenue category among its peers totaling about  40,922,049  of Revenue per Price To Earning. At this time, Skyline's Total Revenue 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 Skyline's earnings, one of the primary drivers of an investment's value.

Skyline Revenue 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

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
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.
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.

Skyline

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
2.02 B
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.

Skyline Revenue vs Competition

Skyline is rated below average in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is at this time estimated at about 36.57 Billion. Skyline holds roughly 2.02 Billion in revenue claiming about 6% 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-13.9 M-14.6 M
Operating Income175.2 M184 M
Income Before Tax200.9 M210.9 M
Total Other Income Expense Net25.6 M26.9 M
Net Income146.7 M154 M
Income Tax Expense47.1 M49.5 M
Net Income From Continuing Ops146.7 M154 M
Non Operating Income Net Other21.7 M22.8 M
Net Income Applicable To Common Shares462.1 M485.2 M
Net Interest Income28.3 M29.7 M
Interest Income32.9 M34.5 M
Change To Netincome18.4 M15.8 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.
Pair CorrelationCorrelation Matching

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 Financials ETFs Thematic Idea Now

Financials ETFs
Financials ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Financials ETFs theme has 45 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 Financials 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.