Kineta Inc Stock Fundamentals
| KA Stock | 0.48 0.04 7.69% |
Kineta Inc fundamentals help investors to digest information that contributes to Kineta's financial success or failures. It also enables traders to predict the movement of Kineta Stock. The fundamental analysis module provides a way to measure Kineta'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 Kineta stock.
At present, Kineta's Other Operating Expenses is projected to decrease significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 26.1 M, whereas Depreciation And Amortization is forecasted to decline to 8,550. Kineta | Select Account or Indicator |
Kineta Inc Company Return On Asset Analysis
Kineta's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Kineta Return On Asset | -1.14 |
Most of Kineta's fundamental indicators, such as Return On Asset, 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, Kineta Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Kineta Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Kineta is extremely important. It helps to project a fair market value of Kineta Stock properly, considering its historical fundamentals such as Return On Asset. Since Kineta'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 Kineta'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 Kineta's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionKineta Total Assets
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Based on the latest financial disclosure, Kineta Inc has a Return On Asset of -1.1408. This is 86.96% lower than that of the Biotechnology sector and 95.17% lower than that of the Health Care industry. The return on asset for all United States stocks is notably higher than that of the company.
Kineta Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Kineta's current stock value. Our valuation model uses many indicators to compare Kineta value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kineta competition to find correlations between indicators driving Kineta's intrinsic value. More Info.Kineta Inc is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At present, Kineta's Return On Equity is projected to increase slightly based on the last few years of reporting. 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 Kineta's earnings, one of the primary drivers of an investment's value.Kineta Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kineta's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Kineta could also be used in its relative valuation, which is a method of valuing Kineta by comparing valuation metrics of similar companies.Kineta is currently under evaluation in return on asset category among its peers.
Kineta Current Valuation Drivers
We derive many important indicators used in calculating different scores of Kineta from analyzing Kineta's financial statements. These drivers represent accounts that assess Kineta's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Kineta's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 96.8M | 90.5M | 31.1M | 23.6M | 27.2M | 25.8M | |
| Enterprise Value | 68.0M | 78.7M | 44.2M | 34.2M | 39.3M | 37.3M |
Kineta Fundamentals
| Return On Equity | -3.69 | ||||
| Return On Asset | -1.14 | ||||
| Current Valuation | 5.7 M | ||||
| Shares Outstanding | 12.26 M | ||||
| Shares Owned By Insiders | 34.89 % | ||||
| Shares Owned By Institutions | 6.00 % | ||||
| Number Of Shares Shorted | 28.54 K | ||||
| Price To Book | 9.65 X | ||||
| Price To Sales | 1.44 X | ||||
| Revenue | 5.44 M | ||||
| Gross Profit | 9.09 M | ||||
| EBITDA | (15.71 M) | ||||
| Net Income | (14.1 M) | ||||
| Total Debt | 1.32 M | ||||
| Book Value Per Share | (0.66) X | ||||
| Cash Flow From Operations | (16.21 M) | ||||
| Short Ratio | 0.68 X | ||||
| Earnings Per Share | (1.64) X | ||||
| Target Price | 13.5 | ||||
| Number Of Employees | 11 | ||||
| Market Capitalization | 7.05 M | ||||
| Total Asset | 10.28 M | ||||
| Retained Earnings | (165.79 M) | ||||
| Working Capital | (1.09 M) | ||||
| Net Asset | 10.28 M |
About Kineta Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kineta Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kineta using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kineta Inc 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 397.8 K | 377.9 K | |
| Total Revenue | 5.4 M | 5.1 M | |
| Cost Of Revenue | 9 K | 8.6 K | |
| Stock Based Compensation To Revenue | 0.71 | 0.73 | |
| Sales General And Administrative To Revenue | 2.23 | 1.52 | |
| Research And Ddevelopement To Revenue | 1.66 | 1.58 | |
| Capex To Revenue | 0.04 | 0.05 | |
| Revenue Per Share | 0.49 | 0.47 | |
| Ebit Per Revenue | (2.89) | (3.03) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Biotechnology 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 Kineta. If investors know Kineta 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 Kineta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.64) | Quarterly Revenue Growth (1.00) | Return On Assets (1.14) | Return On Equity (3.69) |
The market value of Kineta Inc is measured differently than its book value, which is the value of Kineta that is recorded on the company's balance sheet. Investors also form their own opinion of Kineta's value that differs from its market value or its book value, called intrinsic value, which is Kineta'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 Kineta's market value can be influenced by many factors that don't directly affect Kineta'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 Kineta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kineta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kineta'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.