Vita Enterprise Value Multiple from 2010 to 2024
| COCO Stock | USD 35.54 0.08 0.22% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter 22.45403386 | Current Value 35.87 | Quarterly Volatility 12.71524583 |
Check Vita Coco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vita Coco's main balance sheet or income statement drivers, such as Tax Provision of 6.9 M, Net Interest Income of 1.1 M or Interest Income of 1.2 M, as well as many indicators such as Price To Sales Ratio of 2.52, Dividend Yield of 0.0 or PTB Ratio of 7.73. Vita financial statements analysis is a perfect complement when working with Vita Coco Valuation or Volatility modules.
Vita | Enterprise Value Multiple |
Latest Vita Coco's Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of Vita Coco over the last few years. It is Vita Coco's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vita Coco's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
|
Enterprise Value Multiple |
| Timeline |
Vita Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | 43.19 | |
| Geometric Mean | 40.67 | |
| Coefficient Of Variation | 29.44 | |
| Mean Deviation | 10.28 | |
| Median | 49.88 | |
| Standard Deviation | 12.72 | |
| Sample Variance | 161.68 | |
| Range | 38.2792 | |
| R-Value | (0.58) | |
| Mean Square Error | 115.99 | |
| R-Squared | 0.33 | |
| Significance | 0.02 | |
| Slope | (1.64) | |
| Total Sum of Squares | 2,263 |
Vita Enterprise Value Multiple History
About Vita Coco Financial Statements
Vita Coco investors utilize fundamental indicators, such as Enterprise Value Multiple, to predict how Vita Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | 22.45 | 35.87 |
Pair Trading with Vita Coco
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 Vita Coco 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 Vita Coco will appreciate offsetting losses from the drop in the long position's value.Moving together with Vita Stock
| 0.84 | FIZZ | National Beverage Corp Earnings Call This Week | PairCorr |
Moving against Vita Stock
| 0.89 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.87 | CL | Colgate Palmolive Sell-off Trend | PairCorr |
| 0.85 | PEP | PepsiCo | PairCorr |
| 0.84 | KDP | Keurig Dr Pepper | PairCorr |
| 0.82 | EL | Estee Lauder Companies | PairCorr |
The ability to find closely correlated positions to Vita Coco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vita Coco 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 Vita Coco - 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 Vita Coco to buy it.
The correlation of Vita Coco 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 Vita Coco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vita Coco 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 Vita Coco 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.Check out the analysis of Vita Coco Correlation against competitors. To learn how to invest in Vita Stock, please use our How to Invest in Vita Coco guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Soft Drinks & Non-alcoholic Beverages 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 Vita Coco. If investors know Vita 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 Vita Coco 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 0.231 | Earnings Share 1 | Revenue Per Share 8.724 | Quarterly Revenue Growth (0.04) | Return On Assets 0.1515 |
The market value of Vita Coco is measured differently than its book value, which is the value of Vita that is recorded on the company's balance sheet. Investors also form their own opinion of Vita Coco's value that differs from its market value or its book value, called intrinsic value, which is Vita Coco'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 Vita Coco's market value can be influenced by many factors that don't directly affect Vita Coco'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 Vita Coco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vita Coco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vita Coco'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.