Datamatics Global Price To Book vs. Book Value Per Share

DATAMATICS   590.70  4.35  0.73%   
Taking into consideration Datamatics Global's profitability measurements, Datamatics Global Services 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 Datamatics Global's ability to earn profits and add value for shareholders.
For Datamatics Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Datamatics Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Datamatics Global Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Datamatics Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Datamatics Global Services 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 Datamatics Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Datamatics Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Datamatics Global'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.

Datamatics Global Book Value Per Share vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Datamatics Global's current stock value. Our valuation model uses many indicators to compare Datamatics Global value to that of its competitors to determine the firm's financial worth.
Datamatics Global Services is one of the top stocks in price to book category among its peers. It also is one of the top stocks in book value per share category among its peers creating about  79.58  of Book Value Per Share per Price To Book. 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 Datamatics Global's earnings, one of the primary drivers of an investment's value.

Datamatics Book Value Per Share vs. Price To Book

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.

Datamatics Global

P/B

 = 

MV Per Share

BV Per Share

 = 
2.75 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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Datamatics Global

Book Value per Share

 = 

Common Equity

Average Shares

 = 
218.80 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Datamatics Book Value Per Share Comparison

Datamatics Global is currently under evaluation in book value per share category among its peers.

Datamatics Global Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Datamatics Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Datamatics Global will eventually generate negative long term returns. The profitability progress is the general direction of Datamatics Global's change in net profit over the period of time. It can combine multiple indicators of Datamatics Global, 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 IncomeB1.1 B
Operating Income5.1 B5.3 B
Income Before Tax2.5 B2.6 B
Total Other Income Expense Net-2.6 B-2.4 B
Net IncomeB2.1 B
Income Tax Expense536.9 M563.7 M
Net Income From Continuing OpsB1.1 B
Net Income Applicable To Common Shares2.2 B2.3 B
Interest Income186.1 M120 M
Net Interest Income-19.7 M-20.7 M
Change To Netincome2.2 M2.1 M

Datamatics Profitability Driver Comparison

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

Use Datamatics Global 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 Datamatics Global 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 Datamatics Global will appreciate offsetting losses from the drop in the long position's value.

Datamatics Global Pair Trading

Datamatics Global Services Pair Trading Analysis

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

In addition to having Datamatics Global 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.

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Run Conservative Funds Thematic Idea Now

Conservative Funds
Conservative Funds Theme
Funds or Etfs that invest using buy-and-hold investment strategy in companies with consistent growth over many years of operation. The Conservative Funds theme has 37 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 Conservative Funds Theme or any other thematic opportunities.
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Additional Tools for Datamatics Stock Analysis

When running Datamatics Global's price analysis, check to measure Datamatics Global'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 Datamatics Global is operating at the current time. Most of Datamatics Global's value examination focuses on studying past and present price action to predict the probability of Datamatics Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datamatics Global's price. Additionally, you may evaluate how the addition of Datamatics Global to your portfolios can decrease your overall portfolio volatility.