Palladyne Current Valuation vs. Book Value Per Share
| PDYN Stock | 6.46 1.13 21.20% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.28 | 0.1798 |
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For Palladyne profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Palladyne to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Palladyne AI Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Palladyne's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Palladyne AI Corp over time as well as its relative position and ranking within its peers.
Palladyne |
Is Electronic Equipment, Instruments & 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 Palladyne. If investors know Palladyne 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 Palladyne listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.18) | Revenue Per Share 0.337 | Quarterly Revenue Growth 1.125 | Return On Assets (0.36) | Return On Equity (1.21) |
The market value of Palladyne AI Corp is measured differently than its book value, which is the value of Palladyne that is recorded on the company's balance sheet. Investors also form their own opinion of Palladyne's value that differs from its market value or its book value, called intrinsic value, which is Palladyne'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 Palladyne's market value can be influenced by many factors that don't directly affect Palladyne'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 Palladyne's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palladyne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palladyne'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.
Palladyne AI Corp Book Value Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Palladyne's current stock value. Our valuation model uses many indicators to compare Palladyne value to that of its competitors to determine the firm's financial worth. Palladyne AI Corp is rated top company in current valuation category among its peers. It also is considered to be number one stock in book value per share category among its peers . The ratio of Current Valuation to Book Value Per Share for Palladyne AI Corp is about 95,230,921 . At this time, Palladyne's Book Value Per Share is very 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 Palladyne's earnings, one of the primary drivers of an investment's value.Palladyne Current Valuation vs. Competition
Palladyne AI Corp is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is at this time estimated at about 17.96 Billion. Palladyne maintains roughly 150.56 Million in current valuation contributing less than 1% to equities under Information Technology industry.
Palladyne Book Value Per Share vs. Current Valuation
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.
Palladyne |
| = | 150.56 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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Palladyne |
| = | 1.58 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Palladyne Book Value Per Share Comparison
Palladyne is currently under evaluation in book value per share category among its peers.
Palladyne Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Palladyne, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Palladyne will eventually generate negative long term returns. The profitability progress is the general direction of Palladyne's change in net profit over the period of time. It can combine multiple indicators of Palladyne, 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 | 3 K | 3.1 K | |
| Operating Income | -83 M | -87.2 M | |
| Income Before Tax | -115.6 M | -121.4 M | |
| Total Other Income Expense Net | -32.6 M | -30.9 M | |
| Net Loss | -141.4 M | -134.3 M | |
| Net Loss | -115.6 M | -121.4 M | |
| Income Tax Expense | 7 K | 7.3 K | |
| Net Interest Income | 3.3 M | 3.5 M | |
| Net Loss | -115.6 M | -121.4 M | |
| Non Operating Income Net Other | 854.5 K | 436.7 K | |
| Interest Income | 3.3 M | 2.8 M | |
| Change To Netincome | 106.3 M | 111.6 M | |
| Net Loss | (4.51) | (4.73) | |
| Income Quality | 0.66 | 0.66 | |
| Net Income Per E B T | 1.00 | 1.09 |
Palladyne Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Palladyne. 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 Palladyne 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 Palladyne's important profitability drivers and their relationship over time.
Use Palladyne 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 Palladyne 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 Palladyne will appreciate offsetting losses from the drop in the long position's value.Palladyne Pair Trading
Palladyne AI Corp Pair Trading Analysis
The ability to find closely correlated positions to Palladyne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palladyne 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 Palladyne - 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 Palladyne AI Corp to buy it.
The correlation of Palladyne 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 Palladyne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palladyne AI Corp 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 Palladyne 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 Palladyne position
In addition to having Palladyne 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 Your Equity Center. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
To fully project Palladyne's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Palladyne AI Corp 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 Palladyne's income statement, its balance sheet, and the statement of cash flows.