Unity Software Revenue vs. Current Valuation
| U2ST34 Stock | BRL 7.18 0.19 2.72% |
For Unity Software profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Unity Software to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Unity Software utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Unity Software's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Unity Software over time as well as its relative position and ranking within its peers.
Unity |
Unity Software Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Unity Software's current stock value. Our valuation model uses many indicators to compare Unity Software value to that of its competitors to determine the firm's financial worth. Unity Software is rated first in revenue category among its peers. It is rated first in current valuation category among its peers reporting about 63.12 of Current Valuation per Revenue. Comparative valuation analysis is a catch-all model that can be used if you cannot value Unity Software by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Unity Software's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Unity Revenue vs. Competition
Unity Software is rated first in revenue category among its peers. Market size based on revenue of Software—Application industry is at this time estimated at about 93.21 Billion. Unity Software claims roughly 1.11 Billion in revenue contributing just under 2% to equities listed under Software—Application industry.
Unity Current Valuation 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.
Unity Software |
| = | 1.11 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.
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.
Unity Software |
| = | 70.09 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.
Unity Current Valuation vs Competition
Unity Software is rated first in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Software—Application industry is at this time estimated at about 893.73 Billion. Unity Software holds roughly 70.09 Billion in current valuation claiming about 8% of equities listed under Software—Application industry.
Unity Software Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Unity Software, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Unity Software will eventually generate negative long term returns. The profitability progress is the general direction of Unity Software's change in net profit over the period of time. It can combine multiple indicators of Unity Software, 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.
Unity Software Inc. operates a real-time 3D development platform. The company was founded in 2004 and is headquartered in San Francisco, California. UNITY SOFTWRDRN operates under SoftwareApplication classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 4389 people.
Unity Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Unity Software. 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 Unity Software 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 Unity Software's important profitability drivers and their relationship over time.
Use Unity Software 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 Unity Software 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 Unity Software will appreciate offsetting losses from the drop in the long position's value.Unity Software Pair Trading
Unity Software Pair Trading Analysis
The ability to find closely correlated positions to Unity Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Unity Software 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 Unity Software - 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 Unity Software to buy it.
The correlation of Unity Software 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 Unity Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Unity Software 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 Unity Software 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 Unity Software position
In addition to having Unity Software 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 Stores Thematic Idea Now
Stores
Companies providing different types of retail and wholesale services. The Stores theme has 41 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 Stores Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Unity Stock
When determining whether Unity Software is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Unity Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Unity Software Stock. Highlighted below are key reports to facilitate an investment decision about Unity Software Stock:Check out World Market Map. For information on how to trade Unity Stock refer to our How to Trade Unity Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
To fully project Unity Software's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Unity Software 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 Unity Software's income statement, its balance sheet, and the statement of cash flows.