Dayforce Stock Book Value Per Share

DAY Stock   77.17  0.36  0.46%   
Dayforce fundamentals help investors to digest information that contributes to Dayforce's financial success or failures. It also enables traders to predict the movement of Dayforce Stock. The fundamental analysis module provides a way to measure Dayforce's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dayforce stock.
Last ReportedProjected for Next Year
Book Value Per Share 15.44  16.27 
Tangible Book Value Per Share(0.81)(0.85)
Book Value Per Share is likely to rise to 16.27 in 2024, whereas Tangible Book Value Per Share is likely to drop (0.85) in 2024.
  
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Dayforce Company Book Value Per Share Analysis

Dayforce's 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.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Dayforce Book Value Per Share

    
  16.20 X  
Most of Dayforce's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dayforce is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Dayforce Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Dayforce is extremely important. It helps to project a fair market value of Dayforce Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Dayforce's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dayforce's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dayforce's interrelated accounts and indicators.
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Dayforce Book Value Per Share Historical Pattern

Today, most investors in Dayforce Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dayforce's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Dayforce book value per share as a starting point in their analysis.
   Dayforce Book Value Per Share   
       Timeline  
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.
Competition

Dayforce Common Stock Shares Outstanding

Common Stock Shares Outstanding

155.33 Million

At this time, Dayforce's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of Dayforce is about 16.198 times. This is much higher than that of the Software sector and significantly higher than that of the Information Technology industry. The book value per share for all United States stocks is notably lower than that of the firm.

Dayforce Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dayforce's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dayforce could also be used in its relative valuation, which is a method of valuing Dayforce by comparing valuation metrics of similar companies.
Dayforce is currently under evaluation in book value per share category among its peers.

Dayforce Current Valuation Drivers

We derive many important indicators used in calculating different scores of Dayforce from analyzing Dayforce's financial statements. These drivers represent accounts that assess Dayforce's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Dayforce's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Enterprise Value3.1B4.4B10.1B16.2B14.5B15.3B

Dayforce ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dayforce's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dayforce's managers, analysts, and investors.
Environmental
Governance
Social

Dayforce Fundamentals

About Dayforce Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dayforce's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dayforce using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dayforce based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Dayforce Stock Analysis

When running Dayforce's price analysis, check to measure Dayforce'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 Dayforce is operating at the current time. Most of Dayforce's value examination focuses on studying past and present price action to predict the probability of Dayforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dayforce's price. Additionally, you may evaluate how the addition of Dayforce to your portfolios can decrease your overall portfolio volatility.