Shyft Price To Earning vs. Operating Margin
| SHYF Stock | USD 12.72 0.13 1.01% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.18 | 0.1724 |
|
|
For Shyft profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Shyft to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Shyft Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Shyft's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Shyft Group over time as well as its relative position and ranking within its peers.
Shyft |
Shyft's Revenue Breakdown by Earning Segment
Check out World Market Map.
Is Industrial Machinery & Supplies & 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 Shyft. If investors know Shyft 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 Shyft 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 (0.31) | Dividend Share 0.2 | Earnings Share (0.10) | Revenue Per Share 22.898 | Quarterly Revenue Growth (0.04) |
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft'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 Shyft's market value can be influenced by many factors that don't directly affect Shyft'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 Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft'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.
Shyft Group Operating Margin vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Shyft's current stock value. Our valuation model uses many indicators to compare Shyft value to that of its competitors to determine the firm's financial worth. Shyft Group is rated fifth in price to earning category among its peers. It is rated third in operating margin category among its peers . The ratio of Price To Earning to Operating Margin for Shyft Group is about 447.63 . At this time, Shyft's Operating Profit Margin is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Shyft 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.Shyft Operating Margin vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Shyft |
| = | 15.13 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Shyft |
| = | 0.03 % |
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.
Shyft Operating Margin Comparison
Shyft is currently under evaluation in operating margin category among its peers.
Shyft Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Shyft, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Shyft will eventually generate negative long term returns. The profitability progress is the general direction of Shyft's change in net profit over the period of time. It can combine multiple indicators of Shyft, 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 | 6.8 M | 6.4 M | |
| Income Before Tax | 696 K | 661.2 K | |
| Total Other Income Expense Net | -6.1 M | -5.8 M | |
| Net Income | 6.5 M | 9.3 M | |
| Income Tax Expense | -5.8 M | -5.5 M | |
| Interest Income | 968.3 K | 1 M | |
| Net Income Applicable To Common Shares | 42 M | 44.1 M | |
| Net Interest Income | -6.5 M | -6.2 M | |
| Net Income From Continuing Ops | 6.5 M | 6.1 M | |
| Non Operating Income Net Other | -675 K | -641.2 K | |
| Change To Netincome | 3.4 M | 3.2 M | |
| Net Income Per Share | 0.19 | 0.22 | |
| Income Quality | 8.70 | 9.14 | |
| Net Income Per E B T | 9.33 | 9.80 |
Shyft Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Shyft. 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 Shyft 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 Shyft's important profitability drivers and their relationship over time.
Use Shyft 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 Shyft 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 Shyft will appreciate offsetting losses from the drop in the long position's value.Shyft Pair Trading
Shyft Group Pair Trading Analysis
The ability to find closely correlated positions to Shyft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shyft 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 Shyft - 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 Shyft Group to buy it.
The correlation of Shyft 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 Shyft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shyft Group 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 Shyft 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 Shyft position
In addition to having Shyft 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 High Yield ETFs Thematic Idea Now
High Yield ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Yield ETFs theme has 106 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 High Yield ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
To fully project Shyft's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Shyft Group 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 Shyft's income statement, its balance sheet, and the statement of cash flows.