Hurco Companies Return On Asset vs. Price To Sales

HURC Stock  USD 19.44  0.18  0.92%   
Based on Hurco Companies' profitability indicators, Hurco Companies is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess Hurco Companies' ability to earn profits and add value for shareholders. At present, Hurco Companies' EV To Sales is projected to slightly decrease based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Days Sales Outstanding is forecasted to decline to 72.89. At present, Hurco Companies' Income Before Tax is projected to decrease significantly based on the last few years of reporting. The current year's Net Income is expected to grow to about 7.2 M, whereas Accumulated Other Comprehensive Income is projected to grow to (17.3 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.330.28
Fairly Up
Slightly volatile
For Hurco Companies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hurco Companies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hurco Companies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hurco Companies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hurco Companies over time as well as its relative position and ranking within its peers.
  

Hurco Companies' Revenue Breakdown by Earning Segment

Check out Risk vs Return Analysis.
For information on how to trade Hurco Stock refer to our How to Trade Hurco Stock guide.
Is Industrial Machinery & Supplies & Components 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 Hurco Companies. If investors know Hurco 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 Hurco Companies 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
0.686
Dividend Share
0.48
Earnings Share
(1.98)
Revenue Per Share
30.639
Quarterly Revenue Growth
(0.20)
The market value of Hurco Companies is measured differently than its book value, which is the value of Hurco that is recorded on the company's balance sheet. Investors also form their own opinion of Hurco Companies' value that differs from its market value or its book value, called intrinsic value, which is Hurco Companies' 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 Hurco Companies' market value can be influenced by many factors that don't directly affect Hurco Companies' 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 Hurco Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hurco Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hurco Companies' 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.

Hurco Companies Price To Sales vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Hurco Companies's current stock value. Our valuation model uses many indicators to compare Hurco Companies value to that of its competitors to determine the firm's financial worth.
Hurco Companies is rated below average in return on asset category among its peers. It is rated below average in price to sales category among its peers . At present, Hurco Companies' Price To Sales Ratio is projected to slightly decrease 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 Hurco Companies' earnings, one of the primary drivers of an investment's value.

Hurco Price To Sales vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Hurco Companies

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0109
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.

Hurco Companies

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.64 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.

Hurco Price To Sales Comparison

Hurco Companies is currently under evaluation in price to sales category among its peers.

Hurco Companies Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Hurco Companies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hurco Companies will eventually generate negative long term returns. The profitability progress is the general direction of Hurco Companies' change in net profit over the period of time. It can combine multiple indicators of Hurco Companies, 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 Income-18.2 M-17.3 M
Operating Income7.6 M9.3 M
Income Before Tax7.8 M10.5 M
Total Other Income Expense Net124.2 K118 K
Net IncomeM7.2 M
Income Tax Expense2.7 M3.6 M
Net Income Applicable To Common Shares7.4 M9.7 M
Net Income From Continuing OpsM3.8 M
Non Operating Income Net Other-968.3 K-1 M
Interest Income332.1 K386.2 K
Net Interest Income100 K81.4 K
Change To Netincome3.8 M2.9 M
Net Income Per Share 0.61  0.62 
Income Quality(3.41)(3.24)
Net Income Per E B T 0.75  0.92 

Hurco Profitability Driver Comparison

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

Use Hurco Companies 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 Hurco Companies 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 Hurco Companies will appreciate offsetting losses from the drop in the long position's value.

Hurco Companies Pair Trading

Hurco Companies Pair Trading Analysis

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

In addition to having Hurco Companies 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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Rubber and Plastic Products
Rubber and Plastic Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Rubber and Plastic Products theme has 27 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 Rubber and Plastic Products Theme or any other thematic opportunities.
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When determining whether Hurco Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hurco Companies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hurco Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hurco Companies Stock:
Check out Risk vs Return Analysis.
For information on how to trade Hurco Stock refer to our How to Trade Hurco Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
To fully project Hurco Companies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hurco Companies 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 Hurco Companies' income statement, its balance sheet, and the statement of cash flows.
Potential Hurco Companies investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Hurco Companies investors may work on each financial statement separately, they are all related. The changes in Hurco Companies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hurco Companies'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.