GoPro Revenue vs. Price To Book
| GPRO Stock | USD 1.92 0.01 0.52% |
Total Revenue | First Reported 2012-03-31 | Previous Quarter 294.3 M | Current Value 295.4 M | Quarterly Volatility 113.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.43 | 0.3218 |
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For GoPro profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GoPro to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GoPro Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GoPro's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GoPro Inc over time as well as its relative position and ranking within its peers.
GoPro |
Is GoPro'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 GoPro. If investors know GoPro 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 GoPro 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 (0.94) | Earnings Share (0.35) | Revenue Per Share 6.557 | Quarterly Revenue Growth (0.08) | Return On Assets (0.05) |
The market value of GoPro Inc is measured differently than its book value, which is the value of GoPro that is recorded on the company's balance sheet. Investors also form their own opinion of GoPro's value that differs from its market value or its book value, called intrinsic value, which is GoPro'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 GoPro's market value can be influenced by many factors that don't directly affect GoPro'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 GoPro's value and its price as these two are different measures arrived at by different means. Investors typically determine if GoPro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GoPro'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.
GoPro Inc Price To Book vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GoPro's current stock value. Our valuation model uses many indicators to compare GoPro value to that of its competitors to determine the firm's financial worth. GoPro Inc is rated # 4 in revenue category among related companies. It is rated below average in price to book category among related companies . The ratio of Revenue to Price To Book for GoPro Inc is about 2,048,612,469 . At this time, GoPro's Total Revenue is very stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value GoPro by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GoPro's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 GoPro's earnings, one of the primary drivers of an investment's value.GoPro Revenue vs. Competition
GoPro Inc is rated # 4 in revenue category among related companies. Market size based on revenue of Consumer Discretionary industry is currently estimated at about 21.34 Trillion. GoPro adds roughly 1.01 Billion in revenue claiming only tiny portion of stocks in Consumer Discretionary industry.
GoPro Price To Book vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
GoPro |
| = | 1.01 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
GoPro |
| = | 0.49 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
GoPro Price To Book Comparison
GoPro is currently under evaluation in price to book category among related companies.
GoPro Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GoPro, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GoPro will eventually generate negative long term returns. The profitability progress is the general direction of GoPro's change in net profit over the period of time. It can combine multiple indicators of GoPro, 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 | 0.00 | 0.00 | |
| Operating Income | -75.5 M | -71.7 M | |
| Income Before Tax | -67.7 M | -64.3 M | |
| Total Other Income Expense Net | 7.7 M | 8.1 M | |
| Net Loss | -53.2 M | -50.5 M | |
| Income Tax Expense | -14.6 M | -13.8 M | |
| Net Income Applicable To Common Shares | 33.2 M | 34.8 M | |
| Net Loss | -47.7 M | -50.1 M | |
| Non Operating Income Net Other | -4.1 M | -4.3 M | |
| Net Interest Income | -4.8 M | -5 M | |
| Interest Income | 22.1 M | 18.9 M | |
| Change To Netincome | 38.7 M | 40.6 M | |
| Net Loss | (0.35) | (0.33) | |
| Income Quality | 0.62 | 0.87 | |
| Net Income Per E B T | 0.79 | 0.86 |
GoPro Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GoPro. 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 GoPro 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 GoPro's important profitability drivers and their relationship over time.
Use GoPro 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 GoPro 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 GoPro will appreciate offsetting losses from the drop in the long position's value.GoPro Pair Trading
GoPro Inc Pair Trading Analysis
The ability to find closely correlated positions to GoPro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoPro 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 GoPro - 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 GoPro Inc to buy it.
The correlation of GoPro 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 GoPro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoPro 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 GoPro 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 GoPro position
In addition to having GoPro 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 Technology Thematic Idea Now
Technology
Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. The Technology theme has 30 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 Technology Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for GoPro Stock analysis
When running GoPro's price analysis, check to measure GoPro'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 GoPro is operating at the current time. Most of GoPro's value examination focuses on studying past and present price action to predict the probability of GoPro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GoPro's price. Additionally, you may evaluate how the addition of GoPro to your portfolios can decrease your overall portfolio volatility.
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To fully project GoPro's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GoPro 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 GoPro's income statement, its balance sheet, and the statement of cash flows.