Zynex Profit Margin vs. Price To Sales

ZYXI Stock  USD 8.01  0.12  1.48%   
Based on the key profitability measurements obtained from Zynex's financial statements, Zynex Inc is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess Zynex's ability to earn profits and add value for shareholders.

Zynex Net Profit Margin

0.0554

As of now, Zynex's Days Sales Outstanding is decreasing as compared to previous years. The Zynex's current Operating Cash Flow Sales Ratio is estimated to increase to 0.10, while Price To Sales Ratio is projected to decrease to 2.00. As of now, Zynex's Net Income is increasing as compared to previous years. The Zynex's current Income Tax Expense is estimated to increase to about 3 M, while Non Operating Income Net Other is forecasted to increase to (256.5 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.550.7919
Way Down
Slightly volatile
For Zynex profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zynex to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zynex Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zynex's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zynex Inc over time as well as its relative position and ranking within its peers.
  

Zynex's Revenue Breakdown by Earning Segment

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Is Health Care Equipment & Supplies 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 Zynex. If investors know Zynex 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 Zynex 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
(0.30)
Earnings Share
0.14
Revenue Per Share
5.984
Quarterly Revenue Growth
0.001
Return On Assets
0.0399
The market value of Zynex Inc is measured differently than its book value, which is the value of Zynex that is recorded on the company's balance sheet. Investors also form their own opinion of Zynex's value that differs from its market value or its book value, called intrinsic value, which is Zynex'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 Zynex's market value can be influenced by many factors that don't directly affect Zynex'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 Zynex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zynex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zynex'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.

Zynex Inc Price To Sales vs. Profit Margin Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Zynex's current stock value. Our valuation model uses many indicators to compare Zynex value to that of its competitors to determine the firm's financial worth.
Zynex Inc is rated third in profit margin category among its peers. It is rated second in price to sales category among its peers fabricating about  53.69  of Price To Sales per Profit Margin. As of now, Zynex's Net Profit Margin is increasing as compared to previous years. 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 Zynex's earnings, one of the primary drivers of an investment's value.

Zynex Price To Sales vs. Profit Margin

Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Zynex

Profit Margin

 = 

Net Income

Revenue

X

100

 = 
0.02 %
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Zynex

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.34 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Zynex Price To Sales Comparison

Zynex is currently under evaluation in price to sales category among its peers.

Zynex Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Zynex, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zynex will eventually generate negative long term returns. The profitability progress is the general direction of Zynex's change in net profit over the period of time. It can combine multiple indicators of Zynex, 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
Operating Income10.8 M11.3 M
Income Before Tax12.6 M13.2 M
Total Other Income Expense Net1.8 M1.9 M
Net Income9.7 M10.2 M
Income Tax Expense2.8 MM
Net Income Applicable To Common Shares19.6 M20.6 M
Net Income From Continuing Ops16 M16.8 M
Non Operating Income Net Other-270 K-256.5 K
Interest Income4.5 K4.3 K
Net Interest Income-823 K-864.1 K
Change To Netincome2.1 M1.3 M
Net Income Per Share 0.27  0.29 
Income Quality 1.82  1.92 
Net Income Per E B T 0.77  0.62 

Zynex Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Zynex. 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 Zynex 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 Zynex's important profitability drivers and their relationship over time.

Use Zynex 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 Zynex 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 Zynex will appreciate offsetting losses from the drop in the long position's value.

Zynex Pair Trading

Zynex Inc Pair Trading Analysis

The ability to find closely correlated positions to Zynex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zynex 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 Zynex - 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 Zynex Inc to buy it.
The correlation of Zynex 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 Zynex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zynex Inc 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 Zynex 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 Zynex position

In addition to having Zynex 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 Computers Thematic Idea Now

Computers
Computers Theme
Companies that manufacture and distribute personal and business computers. The Computers theme has 43 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 Computers Theme or any other thematic opportunities.
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When determining whether Zynex Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zynex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zynex Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zynex Inc Stock:
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You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
To fully project Zynex's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zynex Inc 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 Zynex's income statement, its balance sheet, and the statement of cash flows.
Potential Zynex investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Zynex investors may work on each financial statement separately, they are all related. The changes in Zynex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Zynex's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.