Spectra Systems Net Income vs. Current Valuation

SPSY Stock   252.00  2.00  0.80%   
Based on Spectra Systems' profitability indicators, Spectra Systems Corp may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess Spectra Systems' ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2008-01-31
Previous Quarter
4.8 M
Current Value
1.3 M
Quarterly Volatility
1.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
For Spectra Systems profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Spectra Systems to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Spectra Systems Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Spectra Systems's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Spectra Systems Corp 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 Spectra Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectra Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectra Systems' 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.

Spectra Systems Corp Current Valuation vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Spectra Systems's current stock value. Our valuation model uses many indicators to compare Spectra Systems value to that of its competitors to determine the firm's financial worth.
Spectra Systems Corp is currently regarded as top stock in net income category among its peers. It also is currently regarded number one company in current valuation category among its peers reporting about  21.02  of Current Valuation per Net Income. At this time, Spectra Systems' Net Income is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Spectra Systems' earnings, one of the primary drivers of an investment's value.

Spectra Current Valuation vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Spectra Systems

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
6.02 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.

Spectra Systems

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
126.62 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.

Spectra Current Valuation vs Competition

Spectra Systems Corp is currently regarded number one 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 34.77 Billion. Spectra Systems adds roughly 126.62 Million in current valuation claiming only tiny portion of equities under Information Technology industry.

Spectra Systems Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Spectra Systems, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Spectra Systems will eventually generate negative long term returns. The profitability progress is the general direction of Spectra Systems' change in net profit over the period of time. It can combine multiple indicators of Spectra Systems, 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 Income-2.8 M-3 M
Operating Income7.2 M7.5 M
Income Before Tax7.5 M7.8 M
Total Other Income Expense Net302.9 K318 K
Net IncomeM6.3 M
Income Tax Expense1.4 M1.5 M
Net Income From Continuing OpsMM
Net Income Applicable To Common Shares7.1 M3.7 M
Net Interest Income375.9 K394.7 K
Interest Income375.9 K394.7 K
Change To Netincome-17.2 K-16.4 K

Spectra Profitability Driver Comparison

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

Use Spectra Systems 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 Spectra Systems 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 Spectra Systems will appreciate offsetting losses from the drop in the long position's value.

Spectra Systems Pair Trading

Spectra Systems Corp Pair Trading Analysis

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

In addition to having Spectra Systems 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.

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Run Investor Favorites Thematic Idea Now

Investor Favorites
Investor Favorites Theme
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 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 Investor Favorites Theme or any other thematic opportunities.
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Additional Tools for Spectra Stock Analysis

When running Spectra Systems' price analysis, check to measure Spectra Systems' 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 Spectra Systems is operating at the current time. Most of Spectra Systems' value examination focuses on studying past and present price action to predict the probability of Spectra Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectra Systems' price. Additionally, you may evaluate how the addition of Spectra Systems to your portfolios can decrease your overall portfolio volatility.