Kontour Medical Current Valuation vs. Total Asset
| 688314 Stock | 29.00 0.11 0.38% |
For Kontour Medical profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kontour Medical to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kontour Medical Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kontour Medical's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kontour Medical Technology over time as well as its relative position and ranking within its peers.
Kontour |
Kontour Medical Tech Total Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Kontour Medical's current stock value. Our valuation model uses many indicators to compare Kontour Medical value to that of its competitors to determine the firm's financial worth. Kontour Medical Technology is the top company in current valuation category among its peers. It also is number one stock in total asset category among its peers fabricating about 0.34 of Total Asset per Current Valuation. The ratio of Current Valuation to Total Asset for Kontour Medical Technology is roughly 2.97 . At present, Kontour Medical's Total Assets are projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Kontour Medical by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kontour Medical'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.Kontour Current Valuation vs. Competition
Kontour Medical Technology is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is presently estimated at about 207.28 Billion. Kontour Medical maintains roughly 2.01 Billion in current valuation contributing less than 1% to equities under Health Care industry.
Kontour Total Asset vs. Current Valuation
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.
Kontour Medical |
| = | 2.01 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.
Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Kontour Medical |
| = | 675.79 M |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Kontour Total Asset Comparison
Kontour Medical is currently under evaluation in total asset category among its peers.
Kontour Medical Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Kontour Medical, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kontour Medical will eventually generate negative long term returns. The profitability progress is the general direction of Kontour Medical's change in net profit over the period of time. It can combine multiple indicators of Kontour Medical, 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 Reported | Projected for Next Year | ||
| Net Interest Income | 3.2 M | 2.2 M | |
| Interest Income | 5.2 M | 3.3 M | |
| Operating Income | 98.7 M | 84.9 M | |
| Net Income From Continuing Ops | 74.5 M | 73 M | |
| Income Before Tax | 91.8 M | 86.7 M | |
| Net Income | 75.5 M | 74.2 M |
Kontour Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Kontour Medical. 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 Kontour Medical 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 Kontour Medical's important profitability drivers and their relationship over time.
Use Kontour Medical 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 Kontour Medical 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 Kontour Medical will appreciate offsetting losses from the drop in the long position's value.Kontour Medical Pair Trading
Kontour Medical Technology Pair Trading Analysis
The ability to find closely correlated positions to Kontour Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kontour Medical 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 Kontour Medical - 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 Kontour Medical Technology to buy it.
The correlation of Kontour Medical 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 Kontour Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Kontour Medical Tech 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 Kontour Medical 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 Kontour Medical position
In addition to having Kontour Medical 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?
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Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Other Information on Investing in Kontour Stock
To fully project Kontour Medical's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Kontour Medical Tech 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 Kontour Medical's income statement, its balance sheet, and the statement of cash flows.