Bodycote PLC EBITDA vs. Market Capitalization
| BOY Stock | 628.00 1.00 0.16% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 201.7 M | Current Value 101.7 M | Quarterly Volatility 54.1 M |
For Bodycote PLC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Bodycote PLC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Bodycote PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Bodycote PLC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Bodycote PLC over time as well as its relative position and ranking within its peers.
Bodycote |
Bodycote PLC Market Capitalization vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Bodycote PLC's current stock value. Our valuation model uses many indicators to compare Bodycote PLC value to that of its competitors to determine the firm's financial worth. Bodycote PLC is number one stock in ebitda category among its peers. It is rated below average in market capitalization category among its peers creating about 5.70 of Market Capitalization per EBITDA. At present, Bodycote PLC's EBITDA is projected to increase significantly 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 Bodycote PLC's earnings, one of the primary drivers of an investment's value.Bodycote Market Capitalization vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Bodycote PLC |
| = | 201.7 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Bodycote PLC |
| = | 1.15 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Bodycote Market Capitalization vs Competition
Bodycote PLC is rated below average in market capitalization category among its peers. Market capitalization of Industrials industry is currently estimated at about 51.94 Trillion. Bodycote PLC adds roughly 1.15 Billion in market capitalization claiming only tiny portion of equities under Industrials industry.
Bodycote PLC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Bodycote PLC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Bodycote PLC will eventually generate negative long term returns. The profitability progress is the general direction of Bodycote PLC's change in net profit over the period of time. It can combine multiple indicators of Bodycote PLC, 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 | 192.2 M | 201.8 M | |
| Operating Income | 119.2 M | 125.2 M | |
| Income Before Tax | 111.7 M | 117.3 M | |
| Total Other Income Expense Net | -7.5 M | -7.1 M | |
| Net Income | 85.6 M | 55.1 M | |
| Income Tax Expense | 24.9 M | 13.1 M | |
| Net Income Applicable To Common Shares | 84.8 M | 61.8 M | |
| Net Income From Continuing Ops | 86.8 M | 57.6 M | |
| Net Interest Income | -7.5 M | -7.9 M | |
| Interest Income | 800 K | 840 K | |
| Change To Netincome | 25.2 M | 14 M |
Bodycote Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Bodycote PLC. 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 Bodycote PLC 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 Bodycote PLC's important profitability drivers and their relationship over time.
Use Bodycote PLC 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 Bodycote PLC 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 Bodycote PLC will appreciate offsetting losses from the drop in the long position's value.Bodycote PLC Pair Trading
Bodycote PLC Pair Trading Analysis
The ability to find closely correlated positions to Bodycote PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bodycote PLC 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 Bodycote PLC - 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 Bodycote PLC to buy it.
The correlation of Bodycote PLC 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 Bodycote PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bodycote PLC 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 Bodycote PLC 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 Bodycote PLC position
In addition to having Bodycote PLC 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 Corporate ETFs Thematic Idea Now
Corporate ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Corporate ETFs theme has 223 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 Corporate ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Bodycote Stock
To fully project Bodycote PLC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Bodycote PLC 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 Bodycote PLC's income statement, its balance sheet, and the statement of cash flows.