NTG Clarity Revenue vs. Price To Sales

NCI Stock  CAD 1.57  0.02  1.29%   
Based on the key profitability measurements obtained from NTG Clarity's financial statements, NTG Clarity Networks is yielding more profit at the present time then in previous quarter. It has a moderate chance of reporting better profitability numbers in January. Profitability indicators assess NTG Clarity's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
2001-03-31
Previous Quarter
11.8 M
Current Value
12.5 M
Quarterly Volatility
M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, NTG Clarity's Days Sales Outstanding is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.18 in 2024, whereas EV To Sales is likely to drop 0.51 in 2024. At this time, NTG Clarity's Operating Income is fairly stable compared to the past year. Income Before Tax is likely to climb to about 1.8 M in 2024, despite the fact that Income Tax Expense is likely to grow to (575.7 K).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.30.3326
Moderately Down
Pretty Stable
For NTG Clarity profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NTG Clarity to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NTG Clarity Networks utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NTG Clarity's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NTG Clarity Networks over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between NTG Clarity's value and its price as these two are different measures arrived at by different means. Investors typically determine if NTG Clarity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NTG Clarity'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.

NTG Clarity Networks Price To Sales vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining NTG Clarity's current stock value. Our valuation model uses many indicators to compare NTG Clarity value to that of its competitors to determine the firm's financial worth.
NTG Clarity Networks is rated top company in revenue category among its peers. It also is considered to be number one stock in price to sales category among its peers . The ratio of Revenue to Price To Sales for NTG Clarity Networks is about  16,536,329 . At this time, NTG Clarity's Total Revenue is fairly stable compared to the past year. 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 NTG Clarity's earnings, one of the primary drivers of an investment's value.

NTG Revenue vs. Competition

NTG Clarity Networks is rated top company in revenue category among its peers. Market size based on revenue of Information Technology industry is now estimated at about 156.3 Million. NTG Clarity retains roughly 27.73 Million in revenue claiming about 18% of equities under Information Technology industry.

NTG Price To Sales vs. Revenue

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.

NTG Clarity

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
27.73 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.
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.

NTG Clarity

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.68 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.

NTG Price To Sales Comparison

NTG Clarity is currently under evaluation in price to sales category among its peers.

NTG Clarity Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in NTG Clarity, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NTG Clarity will eventually generate negative long term returns. The profitability progress is the general direction of NTG Clarity's change in net profit over the period of time. It can combine multiple indicators of NTG Clarity, 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-216.7 K-227.6 K
Operating Income2.4 M2.6 M
Income Before Tax1.7 M1.8 M
Net Income2.3 M2.4 M
Income Tax Expense-606 K-575.7 K
Total Other Income Expense Net-719.1 K-755 K
Net Income From Continuing Ops2.8 M2.9 M
Net Income Applicable To Common Shares1.1 M1.2 M
Net Interest Income-274.7 K-288.4 K
Change To Netincome3.5 M3.6 M
Net Income Per Share 0.05  0.05 
Income Quality 1.09  1.03 
Net Income Per E B T 0.85  0.52 

NTG Profitability Driver Comparison

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

Use NTG Clarity 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 NTG Clarity 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 NTG Clarity will appreciate offsetting losses from the drop in the long position's value.

NTG Clarity Pair Trading

NTG Clarity Networks Pair Trading Analysis

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

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Aggressive Defence Theme
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Additional Tools for NTG Stock Analysis

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