Alight Price To Sales vs. Revenue
| ALIT Stock | USD 7.36 0.14 1.87% |
Alight Price To Sales Ratio |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.35 | 0.3343 |
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For Alight profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Alight to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Alight Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Alight's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Alight Inc over time as well as its relative position and ranking within its peers.
Alight |
Is Human Resource & Employment Services 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 Alight. If investors know Alight 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 Alight listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.62) | Revenue Per Share 6.292 | Quarterly Revenue Growth (0) | Return On Assets 0.0011 | Return On Equity (0.07) |
The market value of Alight Inc is measured differently than its book value, which is the value of Alight that is recorded on the company's balance sheet. Investors also form their own opinion of Alight's value that differs from its market value or its book value, called intrinsic value, which is Alight'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 Alight's market value can be influenced by many factors that don't directly affect Alight'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 Alight's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alight is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alight'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.
Alight Inc Revenue vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Alight's current stock value. Our valuation model uses many indicators to compare Alight value to that of its competitors to determine the firm's financial worth. Alight Inc is rated below average in price to sales category among its peers. It is the top company in revenue category among its peers totaling about 2,805,891,549 of Revenue per Price To Sales. At this time, Alight's Price To Sales Ratio is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Alight 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.Alight Revenue vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Alight |
| = | 1.22 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Alight |
| = | 3.41 B |
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.
Alight Revenue vs Competition
Alight Inc is the top company in revenue category among its peers. Market size based on revenue of Industrials industry is presently estimated at about 11.04 Billion. Alight totals roughly 3.41 Billion in revenue claiming about 31% of equities under Industrials industry.
Alight Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Alight, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Alight will eventually generate negative long term returns. The profitability progress is the general direction of Alight's change in net profit over the period of time. It can combine multiple indicators of Alight, 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 | ||
| Accumulated Other Comprehensive Income | 71 M | 74.5 M | |
| Net Interest Income | -133 M | -139.7 M | |
| Operating Income | -101 M | -96 M | |
| Net Loss | -258 M | -245.1 M | |
| Income Before Tax | -366 M | -347.7 M | |
| Total Other Income Expense Net | -265 M | -278.2 M | |
| Net Loss | -345 M | -327.8 M | |
| Income Tax Expense | -4 M | -3.8 M | |
| Net Loss | -55.8 M | -58.6 M | |
| Non Operating Income Net Other | 85.5 M | 76 M | |
| Change To Netincome | 239.2 M | 251.2 M | |
| Net Loss | (0.70) | (0.67) | |
| Income Quality | (1.12) | (1.06) | |
| Net Income Per E B T | 0.94 | 1.61 |
Alight Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Alight. 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 Alight 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 Alight's important profitability drivers and their relationship over time.
Use Alight 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 Alight 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 Alight will appreciate offsetting losses from the drop in the long position's value.Alight Pair Trading
Alight Inc Pair Trading Analysis
The ability to find closely correlated positions to Alight could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alight 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 Alight - 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 Alight Inc to buy it.
The correlation of Alight 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 Alight moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alight Inc 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 Alight 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 Alight position
In addition to having Alight 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?
Run Recreation Thematic Idea Now
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 45 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 Recreation Theme or any other thematic opportunities.
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Additional Tools for Alight Stock Analysis
When running Alight's price analysis, check to measure Alight'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 Alight is operating at the current time. Most of Alight's value examination focuses on studying past and present price action to predict the probability of Alight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alight's price. Additionally, you may evaluate how the addition of Alight to your portfolios can decrease your overall portfolio volatility.