SPI Energy Current Valuation vs. Net Income
| SPI Stock | USD 0.31 0.02 6.06% |
For SPI Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SPI Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SPI Energy Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SPI Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SPI Energy Co over time as well as its relative position and ranking within its peers.
SPI |
Is Semiconductors & Semiconductor Equipment 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 SPI Energy. If investors know SPI 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 SPI Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.96) | Revenue Per Share 7.228 | Quarterly Revenue Growth 0.307 | Return On Assets (0.04) | Return On Equity (1.25) |
The market value of SPI Energy is measured differently than its book value, which is the value of SPI that is recorded on the company's balance sheet. Investors also form their own opinion of SPI Energy's value that differs from its market value or its book value, called intrinsic value, which is SPI Energy'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 SPI Energy's market value can be influenced by many factors that don't directly affect SPI Energy'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 SPI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPI Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPI Energy'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.
SPI Energy Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SPI Energy's current stock value. Our valuation model uses many indicators to compare SPI Energy value to that of its competitors to determine the firm's financial worth. SPI Energy Co is rated below average in current valuation category among its peers. It is rated third in net income category among its peers . The last year's value of Net Loss was reported at (24.7 Million). 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 SPI Energy's earnings, one of the primary drivers of an investment's value.SPI Current Valuation vs. Competition
SPI Energy Co is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is at this time estimated at about 33.29 Billion. SPI Energy adds roughly 70.14 Million in current valuation claiming only tiny portion of equities under Information Technology industry.
SPI Net Income vs. Current Valuation
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.
SPI Energy |
| = | 70.14 M |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
SPI Energy |
| = | (24.7 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
SPI Net Income Comparison
SPI Energy is currently under evaluation in net income category among its peers.
SPI Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SPI Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SPI Energy will eventually generate negative long term returns. The profitability progress is the general direction of SPI Energy's change in net profit over the period of time. It can combine multiple indicators of SPI Energy, 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 | -33 M | -31.4 M | |
| Operating Income | -13.3 M | -13.9 M | |
| Income Before Tax | -22.8 M | -23.9 M | |
| Net Loss | -24.7 M | -25.9 M | |
| Total Other Income Expense Net | -3.9 M | -4.1 M | |
| Income Tax Expense | 2.3 M | 2.4 M | |
| Net Loss | -25 M | -26.3 M | |
| Net Loss | -38.4 M | -40.4 M | |
| Interest Income | 139.5 K | 132.5 K | |
| Net Interest Income | -5.6 M | -5.8 M | |
| Change To Netincome | 3 M | 2.9 M | |
| Net Loss | (1.13) | (1.19) | |
| Income Quality | 0.54 | 0.52 | |
| Net Income Per E B T | 0.95 | 0.99 |
SPI Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SPI Energy. 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 SPI Energy 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 SPI Energy's important profitability drivers and their relationship over time.
Use SPI Energy 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 SPI Energy 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 SPI Energy will appreciate offsetting losses from the drop in the long position's value.SPI Energy Pair Trading
SPI Energy Co Pair Trading Analysis
The ability to find closely correlated positions to SPI Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SPI Energy 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 SPI Energy - 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 SPI Energy Co to buy it.
The correlation of SPI Energy 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 SPI Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SPI Energy 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 SPI Energy 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 SPI Energy position
In addition to having SPI Energy 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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Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 46 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 Basic Utilities Theme or any other thematic opportunities.
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Check out World Market Map. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
To fully project SPI Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SPI Energy 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 SPI Energy's income statement, its balance sheet, and the statement of cash flows.