Music Broadcast Current Valuation vs. Revenue

RADIOCITY   12.86  0.06  0.46%   
Based on Music Broadcast's profitability indicators, Music Broadcast Limited may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Music Broadcast's ability to earn profits and add value for shareholders.
For Music Broadcast profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Music Broadcast to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Music Broadcast Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Music Broadcast's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Music Broadcast Limited over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Music Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Music Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Music Broadcast'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.

Music Broadcast Revenue vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Music Broadcast's current stock value. Our valuation model uses many indicators to compare Music Broadcast value to that of its competitors to determine the firm's financial worth.
Music Broadcast Limited is currently regarded number one company in current valuation category among its peers. It also is currently regarded number one company in revenue category among its peers totaling about  0.51  of Revenue per Current Valuation. The ratio of Current Valuation to Revenue for Music Broadcast Limited is roughly  1.97 . As of now, Music Broadcast's Total Revenue is increasing as compared to previous years. Comparative valuation analysis is a catch-all model that can be used if you cannot value Music Broadcast by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Music Broadcast'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.

Music Current Valuation vs. Competition

Music Broadcast Limited is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is at this time estimated at about 2.19 Trillion. Music Broadcast adds roughly 4.5 Billion in current valuation claiming only tiny portion of stocks in Communication Services industry.

Music Revenue vs. Current Valuation

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.

Music Broadcast

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
4.5 B
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.
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.

Music Broadcast

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
2.29 B
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.

Music Revenue vs Competition

Music Broadcast Limited is currently regarded number one company in revenue category among its peers. Market size based on revenue of Communication Services industry is at this time estimated at about 1.12 Trillion. Music Broadcast adds roughly 2.29 Billion in revenue claiming only tiny portion of stocks in Communication Services industry.

Music Broadcast Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Music Broadcast, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Music Broadcast will eventually generate negative long term returns. The profitability progress is the general direction of Music Broadcast's change in net profit over the period of time. It can combine multiple indicators of Music Broadcast, 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 Income981.4 MB
Operating Income29.7 M28.2 M
Income Before Tax129 M220.7 M
Total Other Income Expense Net99.3 M104.2 M
Net Income68.4 M65 M
Income Tax Expense60.6 M59.2 M
Net Income From Continuing Ops68.4 M65 M
Net Income Applicable To Common Shares31 M29.4 M
Interest Income205.6 M215.9 M
Net Interest Income-99 M-103.9 M
Change To Netincome-90 M-85.5 M

Music Profitability Driver Comparison

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

Use Music Broadcast 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 Music Broadcast 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 Music Broadcast will appreciate offsetting losses from the drop in the long position's value.

Music Broadcast Pair Trading

Music Broadcast Limited Pair Trading Analysis

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

In addition to having Music Broadcast 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 Music and Video Thematic Idea Now

Music and Video
Music and Video Theme
Companies specializing in music, video and movie production and distribution. The Music and Video theme has 35 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 Music and Video Theme or any other thematic opportunities.
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Other Information on Investing in Music Stock

To fully project Music Broadcast's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Music Broadcast 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 Music Broadcast's income statement, its balance sheet, and the statement of cash flows.
Potential Music Broadcast investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Music Broadcast investors may work on each financial statement separately, they are all related. The changes in Music Broadcast's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Music Broadcast'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.