Exactech Financial Statements From 2010 to 2024
Exactech financial statements provide useful quarterly and yearly information to potential Exactech investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Exactech financial statements helps investors assess Exactech's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Exactech's valuation are summarized below:Exactech does not presently have any fundamental signals for analysis.
This module can also supplement various Exactech Technical models . Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Check Exactech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Exactech main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Exactech financial statements analysis is a perfect complement when working with Exactech Valuation or Volatility modules.
Exactech |
Exactech Company Operating Margin Analysis
Exactech's 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.
Current Exactech Operating Margin | 8.71 % |
Most of Exactech's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Exactech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the recorded statements, Exactech has an Operating Margin of 8.71%. This is 124.83% lower than that of the sector and 119.38% lower than that of the Operating Margin industry. The operating margin for all United States stocks is notably lower than that of the firm.
Exactech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Exactech's current stock value. Our valuation model uses many indicators to compare Exactech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Exactech competition to find correlations between indicators driving Exactech's intrinsic value. More Info.Exactech is rated # 3 in return on equity category among related companies. It is rated # 2 in return on asset category among related companies reporting about 0.81 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Exactech is roughly 1.23 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Exactech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Exactech'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. 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 Exactech's earnings, one of the primary drivers of an investment's value.Pair Trading with Exactech
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 Exactech 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 Exactech will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Johnson Controls could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Johnson Controls 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 Johnson Controls - 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 Johnson Controls International to buy it.
The correlation of Johnson Controls 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 Johnson Controls moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Johnson Controls Int 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 Johnson Controls 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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Exactech information on this page should be used as a complementary analysis to other Exactech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Exactech Stock
If you are still planning to invest in Exactech check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Exactech's history and understand the potential risks before investing.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |