Compass Diversified Holdings Stock Price To Earnings To Growth
| CODI Stock | USD 22.62 0.29 1.30% |
Compass Diversified Holdings fundamentals help investors to digest information that contributes to Compass Diversified's financial success or failures. It also enables traders to predict the movement of Compass Stock. The fundamental analysis module provides a way to measure Compass Diversified's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Compass Diversified stock.
Compass | Price To Earnings To Growth |
Compass Diversified Holdings Company Price To Earnings To Growth Analysis
Compass Diversified's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Compass Diversified Price To Earnings To Growth | 2.71 X |
Most of Compass Diversified's fundamental indicators, such as Price To Earnings To Growth, 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, Compass Diversified Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Compass Price To Earnings To Growth Driver Correlations
Understanding the fundamental principles of building solid financial models for Compass Diversified is extremely important. It helps to project a fair market value of Compass Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Compass Diversified's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Compass Diversified's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Compass Diversified's interrelated accounts and indicators.
Click cells to compare fundamentals
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Compass Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
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Based on the latest financial disclosure, Compass Diversified Holdings has a Price To Earnings To Growth of 2.7123 times. This is 103.93% higher than that of the Financial Services sector and notably higher than that of the Financials industry. The price to earnings to growth for all United States stocks is 44.53% higher than that of the company.
Compass Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Compass Diversified's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Compass Diversified could also be used in its relative valuation, which is a method of valuing Compass Diversified by comparing valuation metrics of similar companies.Compass Diversified is currently under evaluation in price to earnings to growth category among related companies.
Compass Fundamentals
| Return On Equity | -0.0269 | ||||
| Return On Asset | 0.0296 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 3.62 B | ||||
| Shares Outstanding | 75.36 M | ||||
| Shares Owned By Insiders | 12.37 % | ||||
| Shares Owned By Institutions | 56.49 % | ||||
| Number Of Shares Shorted | 842.01 K | ||||
| Price To Earning | 27.79 X | ||||
| Price To Book | 1.73 X | ||||
| Price To Sales | 0.86 X | ||||
| Revenue | 2.06 B | ||||
| Gross Profit | 907.74 M | ||||
| EBITDA | 321.24 M | ||||
| Net Income | (38.74 M) | ||||
| Cash And Equivalents | 102.71 M | ||||
| Cash Per Share | 1.43 X | ||||
| Total Debt | 1.67 B | ||||
| Debt To Equity | 1.05 % | ||||
| Current Ratio | 3.37 X | ||||
| Book Value Per Share | 13.59 X | ||||
| Cash Flow From Operations | 78.08 M | ||||
| Short Ratio | 4.19 X | ||||
| Earnings Per Share | (1.71) X | ||||
| Price To Earnings To Growth | 2.71 X | ||||
| Target Price | 29.33 | ||||
| Number Of Employees | 4.23 K | ||||
| Beta | 1.69 | ||||
| Market Capitalization | 1.7 B | ||||
| Total Asset | 3.82 B | ||||
| Retained Earnings | (249.24 M) | ||||
| Working Capital | 1.29 B | ||||
| Current Asset | 291.36 M | ||||
| Current Liabilities | 116.48 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 7.32 % | ||||
| Net Asset | 3.82 B | ||||
| Last Dividend Paid | 1.0 |
About Compass Diversified Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Compass Diversified Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Compass Diversified using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Compass Diversified Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Compass Diversified
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 Compass Diversified 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 Compass Diversified will appreciate offsetting losses from the drop in the long position's value.Moving together with Compass Stock
| 0.73 | AB | AllianceBernstein | PairCorr |
Moving against Compass Stock
| 0.6 | CDAQU | Compass Digital Acqu | PairCorr |
| 0.57 | CDAQW | Compass Digital Acqu | PairCorr |
| 0.43 | PX | P10 Inc Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Compass Diversified could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass Diversified 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 Compass Diversified - 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 Compass Diversified Holdings to buy it.
The correlation of Compass Diversified 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 Compass Diversified moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass Diversified 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 Compass Diversified 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 Compass Diversified Piotroski F Score and Compass Diversified Altman Z Score analysis. Note that the Compass Diversified information on this page should be used as a complementary analysis to other Compass Diversified'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Compass Stock analysis
When running Compass Diversified's price analysis, check to measure Compass Diversified's 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 Compass Diversified is operating at the current time. Most of Compass Diversified's value examination focuses on studying past and present price action to predict the probability of Compass Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Diversified's price. Additionally, you may evaluate how the addition of Compass Diversified to your portfolios can decrease your overall portfolio volatility.
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Is Compass Diversified's industry 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 Compass Diversified. If investors know Compass 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 Compass Diversified 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 (0.13) | Dividend Share 1 | Earnings Share (1.71) | Revenue Per Share 28.554 | Quarterly Revenue Growth 0.039 |
The market value of Compass Diversified is measured differently than its book value, which is the value of Compass that is recorded on the company's balance sheet. Investors also form their own opinion of Compass Diversified's value that differs from its market value or its book value, called intrinsic value, which is Compass Diversified'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 Compass Diversified's market value can be influenced by many factors that don't directly affect Compass Diversified'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 Compass Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass Diversified'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.