Credo Brands Price To Book vs. Earnings Per Share
| MUFTI Stock | 204.12 1.38 0.68% |
For Credo Brands profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Credo Brands to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Credo Brands Marketing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Credo Brands's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Credo Brands Marketing over time as well as its relative position and ranking within its peers.
Credo |
Credo Brands Marketing Earnings Per Share vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Credo Brands's current stock value. Our valuation model uses many indicators to compare Credo Brands value to that of its competitors to determine the firm's financial worth. Credo Brands Marketing is considered to be number one stock in price to book category among its peers. It also is considered to be number one stock in earnings per share category among its peers creating about 2.60 of Earnings Per Share per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Credo Brands by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Credo Brands' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Credo Earnings 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.
Credo Brands |
| = | 3.51 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.
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Credo Brands |
| = | 9.14 X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Credo Earnings Per Share Comparison
Credo Brands is currently under evaluation in earnings per share category among its peers.
Credo Brands Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Credo Brands, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Credo Brands will eventually generate negative long term returns. The profitability progress is the general direction of Credo Brands' change in net profit over the period of time. It can combine multiple indicators of Credo Brands, 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 | 12.8 M | 11.4 M | |
| Operating Income | 2.6 B | 2.7 B | |
| Income Before Tax | 788.9 M | 645 M | |
| Total Other Income Expense Net | -1.8 B | -1.9 B | |
| Net Income | 592 M | 590.8 M | |
| Income Tax Expense | 197 M | 161.3 M |
Credo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Credo Brands. 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 Credo Brands 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 Credo Brands' important profitability drivers and their relationship over time.
Use Credo Brands 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 Credo Brands 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 Credo Brands will appreciate offsetting losses from the drop in the long position's value.Credo Brands Pair Trading
Credo Brands Marketing Pair Trading Analysis
The ability to find closely correlated positions to Credo Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Credo Brands 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 Credo Brands - 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 Credo Brands Marketing to buy it.
The correlation of Credo Brands 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 Credo Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Credo Brands Marketing 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 Credo Brands 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 Credo Brands position
In addition to having Credo Brands 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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Other Information on Investing in Credo Stock
To fully project Credo Brands' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Credo Brands Marketing 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 Credo Brands' income statement, its balance sheet, and the statement of cash flows.