Golden Matrix Price To Book vs. Revenue
| GMGI Stock | USD 2.06 0.05 2.49% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.24 | 0.26 |
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For Golden Matrix profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Golden Matrix to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Golden Matrix Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Golden Matrix's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Golden Matrix Group over time as well as its relative position and ranking within its peers.
Golden |
Is Movies & Entertainment 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 Golden Matrix. If investors know Golden 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 Golden Matrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (1.00) | Earnings Share (0.02) | Revenue Per Share 2.391 | Quarterly Revenue Growth 0.748 | Return On Assets 0.0014 |
The market value of Golden Matrix Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix'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 Golden Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix'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 Golden Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix'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.
Golden Matrix Group Revenue vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Golden Matrix's current stock value. Our valuation model uses many indicators to compare Golden Matrix value to that of its competitors to determine the firm's financial worth. Golden Matrix Group is rated # 3 in price to book category among its peers. It is rated # 4 in revenue category among its peers totaling about 16,069,720 of Revenue per Price To Book. As of now, Golden Matrix's Total Revenue is increasing as compared to previous years. 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 Golden Matrix's earnings, one of the primary drivers of an investment's value.Golden Revenue 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.
Golden Matrix |
| = | 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.
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.
Golden Matrix |
| = | 44.17 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.
Golden Revenue vs Competition
Golden Matrix Group is rated # 4 in revenue category among its peers. Market size based on revenue of Communication Services industry is currently estimated at about 104.17 Billion. Golden Matrix adds roughly 44.17 Million in revenue claiming only tiny portion of stocks in Communication Services industry.
Golden Matrix Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Golden Matrix, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Golden Matrix will eventually generate negative long term returns. The profitability progress is the general direction of Golden Matrix's change in net profit over the period of time. It can combine multiple indicators of Golden Matrix, 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 | -65.8 K | -62.6 K | |
| Operating Income | -605.2 K | -574.9 K | |
| Income Before Tax | -562.9 K | -591 K | |
| Net Loss | -1.3 M | -1.3 M | |
| Income Tax Expense | 615 K | 1 M | |
| Total Other Income Expense Net | 42.3 K | 44.4 K | |
| Net Loss | -1.3 M | -1.4 M | |
| Net Loss | -287.5 K | -301.9 K | |
| Net Interest Income | 51.3 K | 53.9 K | |
| Interest Income | 65.6 K | 34 K | |
| Change To Netincome | 3.3 M | 3.4 M | |
| Net Loss | (0.03) | (0.03) | |
| Income Quality | (1.69) | (1.61) | |
| Net Income Per E B T | 2.16 | 2.26 |
Golden Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Golden Matrix. 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 Golden Matrix 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 Golden Matrix's important profitability drivers and their relationship over time.
Use Golden Matrix 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 Golden Matrix 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 Golden Matrix will appreciate offsetting losses from the drop in the long position's value.Golden Matrix Pair Trading
Golden Matrix Group Pair Trading Analysis
The ability to find closely correlated positions to Golden Matrix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Matrix 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 Golden Matrix - 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 Golden Matrix Group to buy it.
The correlation of Golden Matrix 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 Golden Matrix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Matrix Group 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 Golden Matrix 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 Golden Matrix position
In addition to having Golden Matrix 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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Check out Risk vs Return Analysis. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
To fully project Golden Matrix's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Golden Matrix Group 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 Golden Matrix's income statement, its balance sheet, and the statement of cash flows.