Sleep Number Current Valuation vs. Return On Asset
| SNBR Stock | USD 16.96 0.51 3.10% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.68 | 0.65 |
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For Sleep Number profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sleep Number to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sleep Number Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sleep Number's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sleep Number Corp over time as well as its relative position and ranking within its peers.
Sleep |
Is Homefurnishing Retail 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 Sleep Number. If investors know Sleep 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 Sleep Number 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 (0.98) | Earnings Share (1.81) | Revenue Per Share 76.902 | Quarterly Revenue Growth (0.1) | Return On Assets 0.021 |
The market value of Sleep Number Corp is measured differently than its book value, which is the value of Sleep that is recorded on the company's balance sheet. Investors also form their own opinion of Sleep Number's value that differs from its market value or its book value, called intrinsic value, which is Sleep Number'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 Sleep Number's market value can be influenced by many factors that don't directly affect Sleep Number'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 Sleep Number's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sleep Number is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sleep Number'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.
Sleep Number Corp Return On Asset vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sleep Number's current stock value. Our valuation model uses many indicators to compare Sleep Number value to that of its competitors to determine the firm's financial worth. Sleep Number Corp is currently regarded number one company in current valuation category among its peers. It is rated below average in return on asset category among its peers . The ratio of Current Valuation to Return On Asset for Sleep Number Corp is about 60,314,979,524 . As of 12/04/2024, Return On Assets is likely to grow to 0.06. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sleep Number by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Sleep Current Valuation vs. Competition
Sleep Number Corp is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is at this time estimated at about 39.1 Billion. Sleep Number holds roughly 1.27 Billion in current valuation claiming about 3% of stocks in Consumer Discretionary industry.
Sleep Return On Asset 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.
Sleep Number |
| = | 1.27 B |
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.
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.
Sleep Number |
| = | 0.021 |
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.
Sleep Return On Asset Comparison
Sleep Number is currently under evaluation in return on asset category among its peers.
Sleep Number Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sleep Number, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sleep Number will eventually generate negative long term returns. The profitability progress is the general direction of Sleep Number's change in net profit over the period of time. It can combine multiple indicators of Sleep Number, 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 | ||
| Operating Income | 22.9 M | 21.8 M | |
| Income Before Tax | -19.8 M | -18.8 M | |
| Total Other Income Expense Net | -42.7 M | -40.6 M | |
| Net Loss | -15.3 M | -14.5 M | |
| Income Tax Expense | -4.5 M | -4.2 M | |
| Net Income Applicable To Common Shares | 42.1 M | 65.8 M | |
| Net Loss | -15.3 M | -14.5 M | |
| Non Operating Income Net Other | -5.3 M | -5.1 M | |
| Interest Income | 3.6 K | 3.4 K | |
| Net Interest Income | -42.7 M | -40.6 M | |
| Change To Netincome | 5.6 M | 9.4 M | |
| Net Income Per Share | 1.47 | 0.82 | |
| Income Quality | 0.89 | 1.05 | |
| Net Income Per E B T | 0.86 | 0.97 |
Sleep Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sleep Number. 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 Sleep Number 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 Sleep Number's important profitability drivers and their relationship over time.
Use Sleep Number 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 Sleep Number 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 Sleep Number will appreciate offsetting losses from the drop in the long position's value.Sleep Number Pair Trading
Sleep Number Corp Pair Trading Analysis
The ability to find closely correlated positions to Sleep Number could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sleep Number 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 Sleep Number - 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 Sleep Number Corp to buy it.
The correlation of Sleep Number 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 Sleep Number moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sleep Number 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 Sleep Number 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 Sleep Number position
In addition to having Sleep Number 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?
Run Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 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 Banking Theme or any other thematic opportunities.
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Additional Tools for Sleep Stock Analysis
When running Sleep Number's price analysis, check to measure Sleep Number'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 Sleep Number is operating at the current time. Most of Sleep Number's value examination focuses on studying past and present price action to predict the probability of Sleep Number's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sleep Number's price. Additionally, you may evaluate how the addition of Sleep Number to your portfolios can decrease your overall portfolio volatility.