Priortech Operating Margin vs. Current Valuation
| PRTC Stock | ILS 17,100 700.00 4.27% |
For Priortech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Priortech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Priortech utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Priortech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Priortech over time as well as its relative position and ranking within its peers.
Priortech |
Priortech Current Valuation vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Priortech's current stock value. Our valuation model uses many indicators to compare Priortech value to that of its competitors to determine the firm's financial worth. Priortech is considered to be number one stock in operating margin category among its peers. It also is rated top company in current valuation category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Priortech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Priortech's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Priortech Current Valuation vs. Operating Margin
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.
Priortech |
| = | (1.67) % |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Priortech |
| = | 927.45 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Priortech Current Valuation vs Competition
Priortech is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is at this time estimated at about 241.33 Billion. Priortech adds roughly 927.45 Million in current valuation claiming only tiny portion of equities under Information Technology industry.
Priortech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Priortech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Priortech will eventually generate negative long term returns. The profitability progress is the general direction of Priortech's change in net profit over the period of time. It can combine multiple indicators of Priortech, 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.
Priortech Ltd, through its subsidiaries, provides capital equipment, technologies, and manufacturing services in Israel and internationally. Priortech Ltd was incorporated in 1980 and is based in Migdal HaEmek, Israel. PRIORTECH operates under Contract Manufacturers classification in Israel and is traded on Tel Aviv Stock Exchange.
Priortech Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Priortech. 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 Priortech 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 Priortech's important profitability drivers and their relationship over time.
Use Priortech 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 Priortech 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 Priortech will appreciate offsetting losses from the drop in the long position's value.Priortech Pair Trading
Priortech Pair Trading Analysis
The ability to find closely correlated positions to Priortech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Priortech 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 Priortech - 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 Priortech to buy it.
The correlation of Priortech 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 Priortech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Priortech 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 Priortech 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 Priortech position
In addition to having Priortech 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?
Run Coal Thematic Idea Now
Coal
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Coal theme has 13 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 Coal Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Priortech Stock
To fully project Priortech's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Priortech 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 Priortech's income statement, its balance sheet, and the statement of cash flows.