Target Healthcare EBITDA vs. Book Value Per Share
| THRL Stock | 87.00 0.30 0.35% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 58 M | Current Value 60.9 M | Quarterly Volatility 25.3 M |
For Target Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Target Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Target Healthcare REIT utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Target Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Target Healthcare REIT over time as well as its relative position and ranking within its peers.
Target |
Target Healthcare REIT Book Value Per Share vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Target Healthcare's current stock value. Our valuation model uses many indicators to compare Target Healthcare value to that of its competitors to determine the firm's financial worth. Target Healthcare REIT is currently regarded as top stock in ebitda category among its peers. It also is currently regarded as top stock in book value per share category among its peers . The ratio of EBITDA to Book Value Per Share for Target Healthcare REIT is about 52,202,520 . At this time, Target Healthcare's EBITDA is comparatively 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 Target Healthcare's earnings, one of the primary drivers of an investment's value.Target Book Value Per Share vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Target Healthcare |
| = | 58 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Target Healthcare |
| = | 1.11 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Target Book Value Per Share Comparison
Target Healthcare is currently under evaluation in book value per share category among its peers.
Target Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Target Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Target Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of Target Healthcare's change in net profit over the period of time. It can combine multiple indicators of Target Healthcare, 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 | 249.8 M | 154.3 M | |
| Operating Income | 58 M | 60.9 M | |
| Income Before Tax | 73 M | 76.7 M | |
| Total Other Income Expense Net | 15 M | 13 M | |
| Net Income | 73 M | 76.7 M | |
| Income Tax Expense | 6.9 K | 6.6 K | |
| Net Income From Continuing Ops | 73 M | 76.7 M | |
| Net Loss | -7.6 M | -7.2 M | |
| Net Interest Income | -10.2 M | -9.7 M | |
| Interest Income | 66 K | 89.8 K | |
| Change To Netincome | 46.6 M | 48.9 M |
Target Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Target Healthcare. 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 Target Healthcare 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 Target Healthcare's important profitability drivers and their relationship over time.
Use Target Healthcare 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 Target Healthcare 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 Target Healthcare will appreciate offsetting losses from the drop in the long position's value.Target Healthcare Pair Trading
Target Healthcare REIT Pair Trading Analysis
The ability to find closely correlated positions to Target Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Target Healthcare 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 Target Healthcare - 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 Target Healthcare REIT to buy it.
The correlation of Target Healthcare 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 Target Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Target Healthcare REIT 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 Target Healthcare 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 Target Healthcare position
In addition to having Target Healthcare 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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World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 44 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 World Allocation Funds Theme or any other thematic opportunities.
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Additional Tools for Target Stock Analysis
When running Target Healthcare's price analysis, check to measure Target Healthcare'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 Target Healthcare is operating at the current time. Most of Target Healthcare's value examination focuses on studying past and present price action to predict the probability of Target Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target Healthcare's price. Additionally, you may evaluate how the addition of Target Healthcare to your portfolios can decrease your overall portfolio volatility.