PointsBet Holdings Profit Margin vs. Current Valuation
| PBTHF Stock | USD 0.62 0.01 1.64% |
For PointsBet Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PointsBet Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PointsBet Holdings Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PointsBet Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PointsBet Holdings Limited over time as well as its relative position and ranking within its peers.
PointsBet |
PointsBet Holdings Current Valuation vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PointsBet Holdings's current stock value. Our valuation model uses many indicators to compare PointsBet Holdings value to that of its competitors to determine the firm's financial worth. PointsBet Holdings Limited is regarded fourth in profit margin category among its peers. It is regarded fifth in current valuation category among its peers . 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 PointsBet Holdings' earnings, one of the primary drivers of an investment's value.PointsBet Current Valuation vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
PointsBet Holdings |
| = | (0.90) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
PointsBet Holdings |
| = | 49.32 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
PointsBet Current Valuation vs Competition
PointsBet Holdings Limited is regarded fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Gambling industry is at this time estimated at about 13.07 Billion. PointsBet Holdings adds roughly 49.32 Million in current valuation claiming only tiny portion of equities under Gambling industry.
PointsBet Holdings Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PointsBet Holdings, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PointsBet Holdings will eventually generate negative long term returns. The profitability progress is the general direction of PointsBet Holdings' change in net profit over the period of time. It can combine multiple indicators of PointsBet Holdings, 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.
PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia and New Jersey. The company was founded in 2015 and is headquartered in Cremorne, Australia. Pointsbet Holdings operates under Gambling classification in the United States and is traded on OTC Exchange. It employs 627 people.
PointsBet Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PointsBet Holdings. 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 PointsBet Holdings 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 PointsBet Holdings' important profitability drivers and their relationship over time.
Use PointsBet Holdings 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 PointsBet Holdings 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 PointsBet Holdings will appreciate offsetting losses from the drop in the long position's value.PointsBet Holdings Pair Trading
PointsBet Holdings Limited Pair Trading Analysis
The ability to find closely correlated positions to PointsBet Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PointsBet Holdings 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 PointsBet Holdings - 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 PointsBet Holdings Limited to buy it.
The correlation of PointsBet Holdings 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 PointsBet Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PointsBet Holdings 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 PointsBet Holdings 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 PointsBet Holdings position
In addition to having PointsBet Holdings 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 PointsBet OTC Stock
To fully project PointsBet Holdings' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PointsBet Holdings 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 PointsBet Holdings' income statement, its balance sheet, and the statement of cash flows.