Turtle Beach Corp Stock Book Value Per Share
HEAR Stock | USD 17.18 0.06 0.35% |
Turtle Beach Corp fundamentals help investors to digest information that contributes to Turtle Beach's financial success or failures. It also enables traders to predict the movement of Turtle Stock. The fundamental analysis module provides a way to measure Turtle Beach's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Turtle Beach stock.
Turtle | Book Value Per Share |
Turtle Book Value Per Share Analysis
Turtle Beach's 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.
More About Book Value Per Share | All Equity Analysis
2022 | 2023 | 2024 (projected) | Dividend Yield | 4.26E-4 | 4.9E-4 | 4.66E-4 | Price To Sales Ratio | 0.49 | 0.73 | 0.69 |
Book Value per Share | = | Common EquityAverage Shares |
Current Turtle Beach Book Value Per Share | 4.85 X |
Most of Turtle Beach's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Turtle Beach Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Turtle Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Turtle Beach is extremely important. It helps to project a fair market value of Turtle Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Turtle Beach's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Turtle Beach's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Turtle Beach's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
Competition |
Turtle Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, the book value per share of Turtle Beach Corp is about 4.853 times. This is 88.16% lower than that of the Household Durables sector and 99.68% lower than that of the Consumer Discretionary industry. The book value per share for all United States stocks is 99.75% higher than that of the company.
Turtle Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Turtle Beach's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Turtle Beach could also be used in its relative valuation, which is a method of valuing Turtle Beach by comparing valuation metrics of similar companies.Turtle Beach is currently under evaluation in book value per share category among related companies.
Turtle Fundamentals
Return On Equity | -0.2 | ||||
Return On Asset | -0.063 | ||||
Profit Margin | (0.07) % | ||||
Operating Margin | 0.07 % | ||||
Current Valuation | 363.48 M | ||||
Shares Outstanding | 21.05 M | ||||
Shares Owned By Insiders | 35.81 % | ||||
Shares Owned By Institutions | 71.01 % | ||||
Number Of Shares Shorted | 702.07 K | ||||
Price To Earning | 116.00 X | ||||
Price To Book | 4.26 X | ||||
Price To Sales | 1.41 X | ||||
Revenue | 258.12 M | ||||
Gross Profit | 49.19 M | ||||
EBITDA | (9.89 M) | ||||
Net Income | (17.68 M) | ||||
Cash And Equivalents | 10.51 M | ||||
Cash Per Share | 0.63 X | ||||
Total Debt | 7.73 M | ||||
Debt To Equity | 0.48 % | ||||
Current Ratio | 1.76 X | ||||
Book Value Per Share | 4.85 X | ||||
Cash Flow From Operations | 26.96 M | ||||
Short Ratio | 4.12 X | ||||
Earnings Per Share | (1.03) X | ||||
Price To Earnings To Growth | 1.46 X | ||||
Target Price | 22.2 | ||||
Number Of Employees | 252 | ||||
Beta | 2.07 | ||||
Market Capitalization | 362.98 M | ||||
Total Asset | 149.97 M | ||||
Retained Earnings | (134.28 M) | ||||
Working Capital | 68.52 M | ||||
Current Asset | 94.9 M | ||||
Current Liabilities | 69.18 M | ||||
Z Score | 28.96 | ||||
Net Asset | 149.97 M |
About Turtle Beach Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Turtle Beach Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Turtle Beach using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Turtle Beach Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Turtle Beach Corporation operates as an audio technology company. The company was founded in 1975 and is headquartered in White Plains, New York. Turtle Beach operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 272 people.
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Try AI Portfolio ArchitectCheck out Turtle Beach Piotroski F Score and Turtle Beach Altman Z Score analysis. Note that the Turtle Beach Corp information on this page should be used as a complementary analysis to other Turtle Beach's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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When running Turtle Beach's price analysis, check to measure Turtle Beach'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 Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.
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Is Turtle Beach's industry 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 Turtle Beach. If investors know Turtle 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 Turtle Beach 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 (0.73) | Earnings Share (1.03) | Revenue Per Share 15.064 | Quarterly Revenue Growth (0.01) | Return On Assets (0.06) |
The market value of Turtle Beach Corp is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach'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 Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach'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 Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turtle Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach'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.