Retractable Technologies Stock Operating Margin
| RVP Stock | USD 0.62 0.01 1.64% |
Retractable Technologies fundamentals help investors to digest information that contributes to Retractable Technologies' financial success or failures. It also enables traders to predict the movement of Retractable Stock. The fundamental analysis module provides a way to measure Retractable Technologies' 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 Retractable Technologies stock.
| Last Reported | Projected for Next Year | ||
| Operating Profit Margin | (0.26) | (0.28) |
Retractable | Operating Margin |
Retractable Technologies Company Operating Margin Analysis
Retractable Technologies' 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.
Current Retractable Technologies Operating Margin | (0.96) % |
Most of Retractable Technologies' fundamental indicators, such as Operating Margin, 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, Retractable Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retractable Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Retractable Technologies is extremely important. It helps to project a fair market value of Retractable Stock properly, considering its historical fundamentals such as Operating Margin. Since Retractable Technologies' 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 Retractable Technologies' 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 Retractable Technologies' interrelated accounts and indicators.
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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.
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Retractable Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Retractable Technologies has an Operating Margin of -0.9558%. This is 97.28% lower than that of the Health Care Equipment & Supplies sector and 79.62% lower than that of the Health Care industry. The operating margin for all United States stocks is 82.65% lower than that of the firm.
Retractable Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Retractable Technologies' direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Retractable Technologies could also be used in its relative valuation, which is a method of valuing Retractable Technologies by comparing valuation metrics of similar companies.Retractable Technologies is currently under evaluation in operating margin category among its peers.
Retractable Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of Retractable Technologies from analyzing Retractable Technologies' financial statements. These drivers represent accounts that assess Retractable Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Retractable Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 49.0M | 356.2M | 234.7M | 54.0M | 33.2M | 66.3M | |
| Enterprise Value | 45.7M | 342.4M | 207.7M | 36.1M | 22.1M | 21.0M |
Retractable Fundamentals
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.0448 | ||||
| Profit Margin | (0.47) % | ||||
| Operating Margin | (0.96) % | ||||
| Current Valuation | (16.75 M) | ||||
| Shares Outstanding | 29.94 M | ||||
| Shares Owned By Insiders | 56.27 % | ||||
| Shares Owned By Institutions | 8.06 % | ||||
| Number Of Shares Shorted | 33.25 K | ||||
| Price To Earning | 3.06 X | ||||
| Price To Book | 0.22 X | ||||
| Price To Sales | 0.48 X | ||||
| Revenue | 43.6 M | ||||
| Gross Profit | 28.25 M | ||||
| EBITDA | (1.24 M) | ||||
| Net Income | (7.01 M) | ||||
| Cash And Equivalents | 19.72 M | ||||
| Cash Per Share | 1.44 X | ||||
| Total Debt | 1.54 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 5.41 X | ||||
| Book Value Per Share | 3.31 X | ||||
| Cash Flow From Operations | 2.77 M | ||||
| Short Ratio | 0.67 X | ||||
| Earnings Per Share | (0.53) X | ||||
| Number Of Employees | 148 | ||||
| Beta | 2.06 | ||||
| Market Capitalization | 17.55 M | ||||
| Total Asset | 179.67 M | ||||
| Retained Earnings | 38.79 M | ||||
| Working Capital | 68.27 M | ||||
| Current Asset | 30.81 M | ||||
| Current Liabilities | 8.1 M | ||||
| Net Asset | 179.67 M |
About Retractable Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Retractable Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Retractable Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Retractable Technologies 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.
Pair Trading with Retractable Technologies
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 Retractable Technologies 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 Retractable Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Retractable Stock
Moving against Retractable Stock
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| 0.75 | MD | Mednax Inc | PairCorr |
| 0.71 | VREX | Varex Imaging Corp | PairCorr |
| 0.66 | OM | Outset Medical | PairCorr |
The ability to find closely correlated positions to Retractable Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Retractable Technologies 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 Retractable Technologies - 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 Retractable Technologies to buy it.
The correlation of Retractable Technologies 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 Retractable Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Retractable Technologies 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 Retractable Technologies 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.Additional Tools for Retractable Stock Analysis
When running Retractable Technologies' price analysis, check to measure Retractable Technologies' 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 Retractable Technologies is operating at the current time. Most of Retractable Technologies' value examination focuses on studying past and present price action to predict the probability of Retractable Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Retractable Technologies' price. Additionally, you may evaluate how the addition of Retractable Technologies to your portfolios can decrease your overall portfolio volatility.