AAA Technologies Revenue vs. Price To Book

AAATECH Stock   113.56  1.14  1.01%   
Based on AAA Technologies' profitability indicators, AAA Technologies Limited may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess AAA Technologies' ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
2019-06-30
Previous Quarter
35.7 M
Current Value
43.7 M
Quarterly Volatility
29.4 M
 
Covid
For AAA Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AAA Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AAA Technologies Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AAA Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AAA Technologies Limited over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between AAA Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if AAA Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAA Technologies' 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.

AAA Technologies Price To Book vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining AAA Technologies's current stock value. Our valuation model uses many indicators to compare AAA Technologies value to that of its competitors to determine the firm's financial worth.
AAA Technologies Limited is the top company in revenue category among its peers. It also is number one stock in price to book category among its peers . The ratio of Revenue to Price To Book for AAA Technologies Limited is about  46,692,923 . As of now, AAA Technologies' Total Revenue is increasing as compared to previous years. Comparative valuation analysis is a catch-all model that can be used if you cannot value AAA Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for AAA Technologies' 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.

AAA Revenue vs. Competition

AAA Technologies Limited is the top company in revenue category among its peers. Market size based on revenue of Information Technology industry is presently estimated at about 79.85 Billion. AAA Technologies adds roughly 230 Million in revenue claiming only tiny portion of equities under Information Technology industry.

AAA Price To Book vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

AAA Technologies

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
230 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

AAA Technologies

P/B

 = 

MV Per Share

BV Per Share

 = 
4.93 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

AAA Price To Book Comparison

AAA Technologies is currently under evaluation in price to book category among its peers.

AAA Technologies Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in AAA Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AAA Technologies will eventually generate negative long term returns. The profitability progress is the general direction of AAA Technologies' change in net profit over the period of time. It can combine multiple indicators of AAA Technologies, 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
Accumulated Other Comprehensive Income174 M182.7 M
Operating Income34.1 M27.9 M
Income Before Tax43 M30 M
Total Other Income Expense Net8.9 M9.3 M
Net Income32.1 M28.4 M
Income Tax Expense10.8 M7.8 M

AAA Profitability Driver Comparison

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

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

AAA Technologies Pair Trading

AAA Technologies Limited Pair Trading Analysis

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

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Other Information on Investing in AAA Stock

To fully project AAA Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AAA Technologies 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 AAA Technologies' income statement, its balance sheet, and the statement of cash flows.
Potential AAA Technologies investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although AAA Technologies investors may work on each financial statement separately, they are all related. The changes in AAA Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AAA Technologies'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.