Zynex Operating Margin vs. Profit Margin
| ZYXI Stock | USD 8.40 0.05 0.59% |
Zynex Operating Profit Margin |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.55 | 0.7919 |
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For Zynex profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Zynex to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Zynex Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Zynex's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Zynex Inc over time as well as its relative position and ranking within its peers.
Zynex |
Zynex's Revenue Breakdown by Earning Segment
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Is Health Care Equipment & Supplies 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 Zynex. If investors know Zynex 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 Zynex 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 (0.30) | Earnings Share 0.14 | Revenue Per Share 5.984 | Quarterly Revenue Growth 0.001 | Return On Assets 0.0399 |
The market value of Zynex Inc is measured differently than its book value, which is the value of Zynex that is recorded on the company's balance sheet. Investors also form their own opinion of Zynex's value that differs from its market value or its book value, called intrinsic value, which is Zynex'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 Zynex's market value can be influenced by many factors that don't directly affect Zynex'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 Zynex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zynex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zynex'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.
Zynex Inc Profit Margin vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Zynex's current stock value. Our valuation model uses many indicators to compare Zynex value to that of its competitors to determine the firm's financial worth. Zynex Inc is rated first in operating margin category among its peers. It is rated third in profit margin category among its peers fabricating about 0.33 of Profit Margin per Operating Margin. The ratio of Operating Margin to Profit Margin for Zynex Inc is roughly 3.06 . As of now, Zynex's Operating Profit Margin is increasing as compared to previous years. 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 Zynex's earnings, one of the primary drivers of an investment's value.Zynex Profit Margin vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Zynex |
| = | 0.08 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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.
Zynex |
| = | 0.02 % |
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.
Zynex Profit Margin Comparison
Zynex is currently under evaluation in profit margin category among its peers.
Zynex Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Zynex, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Zynex will eventually generate negative long term returns. The profitability progress is the general direction of Zynex's change in net profit over the period of time. It can combine multiple indicators of Zynex, 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 | 10.8 M | 11.3 M | |
| Income Before Tax | 12.6 M | 13.2 M | |
| Total Other Income Expense Net | 1.8 M | 1.9 M | |
| Net Income | 9.7 M | 10.2 M | |
| Income Tax Expense | 2.8 M | 3 M | |
| Net Income Applicable To Common Shares | 19.6 M | 20.6 M | |
| Net Income From Continuing Ops | 16 M | 16.8 M | |
| Non Operating Income Net Other | -270 K | -256.5 K | |
| Interest Income | 4.5 K | 4.3 K | |
| Net Interest Income | -823 K | -864.1 K | |
| Change To Netincome | 2.1 M | 1.3 M | |
| Net Income Per Share | 0.27 | 0.29 | |
| Income Quality | 1.82 | 1.92 | |
| Net Income Per E B T | 0.77 | 0.62 |
Zynex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Zynex. 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 Zynex 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 Zynex's important profitability drivers and their relationship over time.
Use Zynex 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 Zynex 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 Zynex will appreciate offsetting losses from the drop in the long position's value.Zynex Pair Trading
Zynex Inc Pair Trading Analysis
The ability to find closely correlated positions to Zynex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zynex 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 Zynex - 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 Zynex Inc to buy it.
The correlation of Zynex 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 Zynex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zynex Inc 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 Zynex 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 Zynex position
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Check out Your Current Watchlist. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
To fully project Zynex's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Zynex Inc 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 Zynex's income statement, its balance sheet, and the statement of cash flows.