KORE Group EBITDA vs. Shares Owned By Institutions

KORE Stock  USD 1.44  0.03  2.04%   
Considering KORE Group's profitability and operating efficiency indicators, KORE Group's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess KORE Group's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
-67.3 M
Current Value
-63.9 M
Quarterly Volatility
39.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
At present, KORE Group's Days Sales Outstanding is projected to drop slightly based on the last few years of reporting. The current year's EV To Sales is expected to grow to 2.07, whereas Operating Cash Flow Sales Ratio is projected to grow to (0.02). At present, KORE Group's Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Change To Netincome is expected to grow to about 63.2 M, whereas Net Interest Income is forecasted to decline to (44.8 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.610.5352
Fairly Up
Slightly volatile
For KORE Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of KORE Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well KORE Group Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between KORE Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of KORE Group Holdings over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Is Diversified Telecommunication Services 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 KORE Group. If investors know KORE 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 KORE Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.84)
Revenue Per Share
15.421
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.04)
Return On Equity
(3.37)
The market value of KORE Group Holdings is measured differently than its book value, which is the value of KORE that is recorded on the company's balance sheet. Investors also form their own opinion of KORE Group's value that differs from its market value or its book value, called intrinsic value, which is KORE Group'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 KORE Group's market value can be influenced by many factors that don't directly affect KORE Group'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 KORE Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if KORE Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KORE Group'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.

KORE Group Holdings Shares Owned By Institutions vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining KORE Group's current stock value. Our valuation model uses many indicators to compare KORE Group value to that of its competitors to determine the firm's financial worth.
KORE Group Holdings is rated fifth overall in ebitda category among its peers. It is rated third overall in shares owned by institutions category among its peers . At present, KORE Group's EBITDA is projected to decrease significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value KORE Group by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

KORE Shares Owned By Institutions vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

KORE Group

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
(67.27 M)
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

KORE Group

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
67.15 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.

KORE Shares Owned By Institutions Comparison

KORE Group is currently under evaluation in shares owned by institutions category among its peers.

KORE Group Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in KORE Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, KORE Group will eventually generate negative long term returns. The profitability progress is the general direction of KORE Group's change in net profit over the period of time. It can combine multiple indicators of KORE Group, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income-6.1 M-6.4 M
Net Interest Income-42.7 M-44.8 M
Operating Income9.8 M10.3 M
Net Loss-167 M-158.7 M
Income Before Tax-171.2 M-162.6 M
Total Other Income Expense Net-181 M-172 M
Net Loss-95.6 M-90.8 M
Net Loss-167 M-158.7 M
Income Tax Expense-4.2 M-4.4 M
Interest Income552 K558.8 K
Non Operating Income Net Other228.6 K203.2 K
Change To Netincome60.2 M63.2 M
Net Loss(9.97)(10.46)
Income Quality 0.04  0.04 
Net Income Per E B T 0.98  0.66 

KORE Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on KORE Group. 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 KORE Group 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 KORE Group's important profitability drivers and their relationship over time.

Use KORE Group 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 KORE Group 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 KORE Group will appreciate offsetting losses from the drop in the long position's value.

KORE Group Pair Trading

KORE Group Holdings Pair Trading Analysis

The ability to find closely correlated positions to KORE Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KORE Group 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 KORE Group - 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 KORE Group Holdings to buy it.
The correlation of KORE Group 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 KORE Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KORE Group Holdings 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 KORE Group 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your KORE Group position

In addition to having KORE Group 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.

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Investment Grade ETFs
Investment Grade ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Investment Grade ETFs theme has 260 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 Investment Grade ETFs Theme or any other thematic opportunities.
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When determining whether KORE Group Holdings is a strong investment it is important to analyze KORE Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KORE Group's future performance. For an informed investment choice regarding KORE Stock, refer to the following important reports:
Check out Correlation Analysis.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
To fully project KORE Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of KORE Group Holdings 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 KORE Group's income statement, its balance sheet, and the statement of cash flows.
Potential KORE Group investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although KORE Group investors may work on each financial statement separately, they are all related. The changes in KORE Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on KORE Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.