Procore Technologies Return On Asset vs. Profit Margin
| PCOR Stock | USD 76.36 1.54 1.98% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.64 | 0.8164 |
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For Procore Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Procore Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Procore Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Procore Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Procore Technologies over time as well as its relative position and ranking within its peers.
Procore |
Is Application Software 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 Procore Technologies. If investors know Procore 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 Procore Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) | Revenue Per Share 7.592 | Quarterly Revenue Growth 0.194 | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of Procore Technologies is measured differently than its book value, which is the value of Procore that is recorded on the company's balance sheet. Investors also form their own opinion of Procore Technologies' value that differs from its market value or its book value, called intrinsic value, which is Procore Technologies' 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 Procore Technologies' market value can be influenced by many factors that don't directly affect Procore Technologies' 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 Procore Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Procore Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Procore Technologies' 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.
Procore Technologies Profit Margin vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Procore Technologies's current stock value. Our valuation model uses many indicators to compare Procore Technologies value to that of its competitors to determine the firm's financial worth. Procore Technologies is considered to be number one stock in return on asset category among its peers. It is regarded second in profit margin category among its peers . At this time, Procore Technologies' Net Loss is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Procore Technologies 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.Procore Profit Margin vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Procore Technologies |
| = | -0.0326 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Procore Technologies |
| = | (0.07) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Procore Profit Margin Comparison
Procore Technologies is currently under evaluation in profit margin category among its peers.
Procore Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Procore Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Procore Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Procore Technologies' change in net profit over the period of time. It can combine multiple indicators of Procore Technologies, 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 | -1.4 M | -1.3 M | |
| Net Interest Income | 17.8 M | 18.7 M | |
| Operating Income | -215.7 M | -226.5 M | |
| Net Loss | -231.4 M | -242.9 M | |
| Income Before Tax | -188.4 M | -197.8 M | |
| Total Other Income Expense Net | 27.3 M | 28.6 M | |
| Net Loss | -258.2 M | -245.3 M | |
| Net Loss | -189.7 M | -199.2 M | |
| Income Tax Expense | 1.3 M | 1.3 M | |
| Interest Income | 19.8 M | 20.8 M | |
| Non Operating Income Net Other | 7 M | 7.4 M | |
| Change To Netincome | 191.7 M | 201.2 M | |
| Net Loss | (1.34) | (1.40) | |
| Income Quality | (0.49) | (0.46) | |
| Net Income Per E B T | 1.01 | 1.09 |
Procore Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Procore Technologies. 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 Procore Technologies 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 Procore Technologies' important profitability drivers and their relationship over time.
Use Procore Technologies 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 Procore 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 Procore Technologies will appreciate offsetting losses from the drop in the long position's value.Procore Technologies Pair Trading
Procore Technologies Pair Trading Analysis
The ability to find closely correlated positions to Procore 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 Procore 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 Procore 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 Procore Technologies to buy it.
The correlation of Procore 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 Procore Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Procore 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 Procore 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.Use Investing Themes to Complement your Procore Technologies position
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Additional Tools for Procore Stock Analysis
When running Procore Technologies' price analysis, check to measure Procore 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 Procore Technologies is operating at the current time. Most of Procore Technologies' value examination focuses on studying past and present price action to predict the probability of Procore Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Procore Technologies' price. Additionally, you may evaluate how the addition of Procore Technologies to your portfolios can decrease your overall portfolio volatility.