Syntec Optics Return On Equity vs. Cash Flow From Operations
| OPTX Stock | 3.50 1.56 80.41% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.15129149 | Current Value 0.15 | Quarterly Volatility 0.10615295 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.2 | 0.269 |
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For Syntec Optics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Syntec Optics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Syntec Optics Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Syntec Optics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Syntec Optics Holdings over time as well as its relative position and ranking within its peers.
Syntec |
Is Electronic Equipment, Instruments & Components 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 Syntec Optics. If investors know Syntec 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 Syntec Optics 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 (0.57) | Revenue Per Share 0.806 | Quarterly Revenue Growth (0.09) | Return On Assets (0.02) | Return On Equity 0.0387 |
The market value of Syntec Optics Holdings is measured differently than its book value, which is the value of Syntec that is recorded on the company's balance sheet. Investors also form their own opinion of Syntec Optics' value that differs from its market value or its book value, called intrinsic value, which is Syntec Optics' 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 Syntec Optics' market value can be influenced by many factors that don't directly affect Syntec Optics' 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 Syntec Optics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Syntec Optics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Syntec Optics' 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.
Syntec Optics Holdings Cash Flow From Operations vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Syntec Optics's current stock value. Our valuation model uses many indicators to compare Syntec Optics value to that of its competitors to determine the firm's financial worth. Syntec Optics Holdings is regarded fifth in return on equity category among its peers. It is rated below average in cash flow from operations category among its peers making about 72,150,439 of Cash Flow From Operations per Return On Equity. At this time, Syntec Optics' Return On Equity is fairly stable compared to the past year. 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 Syntec Optics' earnings, one of the primary drivers of an investment's value.Syntec Cash Flow From Operations vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Syntec Optics |
| = | 0.0387 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Syntec Optics |
| = | 2.79 M |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Syntec Cash Flow From Operations Comparison
Syntec Optics is currently under evaluation in cash flow from operations category among its peers.
Syntec Optics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Syntec Optics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Syntec Optics will eventually generate negative long term returns. The profitability progress is the general direction of Syntec Optics' change in net profit over the period of time. It can combine multiple indicators of Syntec Optics, 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 | ||
| Net Interest Income | -654.8 K | -622 K | |
| Operating Income | 1.5 M | 894.8 K | |
| Net Income From Continuing Ops | 2 M | 1.3 M | |
| Income Before Tax | 1.3 M | 1.1 M | |
| Total Other Income Expense Net | -283.9 K | -269.7 K | |
| Net Income | 2 M | 1.3 M | |
| Income Tax Expense | -719.2 K | -683.2 K | |
| Net Income Per Share | 0.06 | 0.08 | |
| Income Quality | 1.41 | 1.48 | |
| Net Income Per E B T | 1.57 | 0.87 |
Syntec Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Syntec Optics. 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 Syntec Optics 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 Syntec Optics' important profitability drivers and their relationship over time.
Use Syntec Optics 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 Syntec Optics 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 Syntec Optics will appreciate offsetting losses from the drop in the long position's value.Syntec Optics Pair Trading
Syntec Optics Holdings Pair Trading Analysis
The ability to find closely correlated positions to Syntec Optics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Syntec Optics 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 Syntec Optics - 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 Syntec Optics Holdings to buy it.
The correlation of Syntec Optics 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 Syntec Optics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Syntec Optics 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 Syntec Optics 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 Syntec Optics position
In addition to having Syntec Optics 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?
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Additional Tools for Syntec Stock Analysis
When running Syntec Optics' price analysis, check to measure Syntec Optics' 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 Syntec Optics is operating at the current time. Most of Syntec Optics' value examination focuses on studying past and present price action to predict the probability of Syntec Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntec Optics' price. Additionally, you may evaluate how the addition of Syntec Optics to your portfolios can decrease your overall portfolio volatility.