Purple Innovation Stock Fundamentals
| PRPL Stock | USD 0.96 0.04 4.35% |
Purple Innovation fundamentals help investors to digest information that contributes to Purple Innovation's financial success or failures. It also enables traders to predict the movement of Purple Stock. The fundamental analysis module provides a way to measure Purple Innovation'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 Purple Innovation stock.
At this time, Purple Innovation's Depreciation And Amortization is quite stable compared to the past year. Tax Provision is expected to rise to about 231.1 M this year, although the value of Gross Profit will most likely fall to about 153.3 M. Purple | Select Account or Indicator |
Purple Innovation Company Return On Equity Analysis
Purple Innovation's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Purple Innovation Return On Equity | -1.34 |
Most of Purple Innovation's fundamental indicators, such as Return On Equity, 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, Purple Innovation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Purple Total Stockholder Equity
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Based on the latest financial disclosure, Purple Innovation has a Return On Equity of -1.3409. This is 137.25% lower than that of the Household Durables sector and significantly lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is notably higher than that of the company.
Purple Innovation Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Purple Innovation's current stock value. Our valuation model uses many indicators to compare Purple Innovation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Purple Innovation competition to find correlations between indicators driving Purple Innovation's intrinsic value. More Info.Purple Innovation 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 this time, Purple Innovation's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Purple Innovation by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Purple Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Purple Innovation's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Purple Innovation could also be used in its relative valuation, which is a method of valuing Purple Innovation by comparing valuation metrics of similar companies.Purple Innovation is currently under evaluation in return on equity category among its peers.
Purple Fundamentals
| Return On Equity | -1.34 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (0.21) % | ||||
| Operating Margin | (0.13) % | ||||
| Current Valuation | 228.32 M | ||||
| Shares Outstanding | 107.52 M | ||||
| Shares Owned By Insiders | 4.44 % | ||||
| Shares Owned By Institutions | 74.72 % | ||||
| Number Of Shares Shorted | 3.72 M | ||||
| Price To Earning | 63.13 X | ||||
| Price To Book | 3.54 X | ||||
| Price To Sales | 0.21 X | ||||
| Revenue | 510.54 M | ||||
| Gross Profit | 210.58 M | ||||
| EBITDA | (94.13 M) | ||||
| Net Income | (120.76 M) | ||||
| Cash And Equivalents | 41.17 M | ||||
| Cash Per Share | 0.50 X | ||||
| Total Debt | 152.97 M | ||||
| Debt To Equity | 0.70 % | ||||
| Current Ratio | 1.91 X | ||||
| Book Value Per Share | 0.26 X | ||||
| Cash Flow From Operations | (54.66 M) | ||||
| Short Ratio | 11.05 X | ||||
| Earnings Per Share | (1.07) X | ||||
| Price To Earnings To Growth | 2.00 X | ||||
| Target Price | 1.98 | ||||
| Number Of Employees | 1.7 K | ||||
| Beta | 2.08 | ||||
| Market Capitalization | 103.7 M | ||||
| Total Asset | 390.62 M | ||||
| Retained Earnings | (475.97 M) | ||||
| Working Capital | 30.83 M | ||||
| Net Asset | 390.62 M |
About Purple Innovation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Purple Innovation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Purple Innovation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Purple Innovation 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 | 5.7 M | 5.5 M | |
| Total Revenue | 510.5 M | 372 M | |
| Cost Of Revenue | 338.7 M | 225.9 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.17 | 0.11 | |
| Research And Ddevelopement To Revenue | 0.02 | 0.02 | |
| Capex To Revenue | 0.03 | 0.04 | |
| Revenue Per Share | 4.93 | 4.68 | |
| Ebit Per Revenue | (0.22) | (0.21) |
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Is Household Appliances 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 Purple Innovation. If investors know Purple 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 Purple Innovation 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 (0.60) | Earnings Share (1.07) | Revenue Per Share 4.734 | Quarterly Revenue Growth (0.15) | Return On Assets (0.12) |
The market value of Purple Innovation is measured differently than its book value, which is the value of Purple that is recorded on the company's balance sheet. Investors also form their own opinion of Purple Innovation's value that differs from its market value or its book value, called intrinsic value, which is Purple Innovation'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 Purple Innovation's market value can be influenced by many factors that don't directly affect Purple Innovation'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 Purple Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Purple Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purple Innovation'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.