Performant Financial Revenue vs. Return On Asset
| PFMT Stock | USD 3.57 0.02 0.56% |
Total Revenue | First Reported 2011-03-31 | Previous Quarter 29.4 M | Current Value 31.5 M | Quarterly Volatility 11.3 M |
For Performant Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Performant Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Performant Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Performant Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Performant Financial over time as well as its relative position and ranking within its peers.
Performant |
Performant Financial's Revenue Breakdown by Earning Segment
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Is Commercial Services & Supplies 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 Performant Financial. If investors know Performant 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 Performant Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.10) | Revenue Per Share 1.566 | Quarterly Revenue Growth 0.052 | Return On Assets (0.04) | Return On Equity (0.11) |
The market value of Performant Financial is measured differently than its book value, which is the value of Performant that is recorded on the company's balance sheet. Investors also form their own opinion of Performant Financial's value that differs from its market value or its book value, called intrinsic value, which is Performant Financial'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 Performant Financial's market value can be influenced by many factors that don't directly affect Performant Financial'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 Performant Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performant Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performant Financial'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.
Performant Financial Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Performant Financial's current stock value. Our valuation model uses many indicators to compare Performant Financial value to that of its competitors to determine the firm's financial worth. Performant Financial is rated below average in revenue category among its peers. It is rated below average in return on asset category among its peers . At this time, Performant Financial's Total Revenue is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Performant Financial 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.Performant Revenue vs. Competition
Performant Financial is rated below average in revenue category among its peers. Market size based on revenue of Industrials industry is at this time estimated at about 17.55 Billion. Performant Financial maintains roughly 113.74 Million in revenue contributing less than 1% to equities under Industrials industry.
Performant Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Performant Financial |
| = | 113.74 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Performant Financial |
| = | -0.0426 |
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.
Performant Return On Asset Comparison
Performant Financial is currently under evaluation in return on asset category among its peers.
Performant Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Performant Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Performant Financial will eventually generate negative long term returns. The profitability progress is the general direction of Performant Financial's change in net profit over the period of time. It can combine multiple indicators of Performant Financial, 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 | ||
| Operating Income | -6.1 M | -5.8 M | |
| Income Before Tax | -7.9 M | -7.5 M | |
| Total Other Income Expense Net | -1.7 M | -1.6 M | |
| Net Loss | -7.5 M | -7.1 M | |
| Income Tax Expense | -340 K | -323 K | |
| Net Loss | -5.9 M | -5.6 M | |
| Net Loss | -9 M | -8.6 M | |
| Non Operating Income Net Other | 1.3 M | 1.4 M | |
| Interest Income | 240 K | 228 K | |
| Net Interest Income | -1.5 M | -1.5 M | |
| Change To Netincome | 2.3 M | 2.1 M | |
| Net Loss | (0.10) | (0.09) | |
| Income Quality | (0.51) | (0.49) | |
| Net Income Per E B T | 0.96 | 0.64 |
Performant Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Performant Financial. 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 Performant Financial 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 Performant Financial's important profitability drivers and their relationship over time.
Use Performant Financial 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 Performant Financial 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 Performant Financial will appreciate offsetting losses from the drop in the long position's value.Performant Financial Pair Trading
Performant Financial Pair Trading Analysis
The ability to find closely correlated positions to Performant Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Performant Financial 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 Performant Financial - 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 Performant Financial to buy it.
The correlation of Performant Financial 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 Performant Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Performant Financial 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 Performant Financial 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 Performant Financial position
In addition to having Performant Financial 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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Construction
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction theme has 61 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 Construction Theme or any other thematic opportunities.
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Additional Tools for Performant Stock Analysis
When running Performant Financial's price analysis, check to measure Performant Financial's 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 Performant Financial is operating at the current time. Most of Performant Financial's value examination focuses on studying past and present price action to predict the probability of Performant Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performant Financial's price. Additionally, you may evaluate how the addition of Performant Financial to your portfolios can decrease your overall portfolio volatility.