Doubledown Interactiveco Stock EBITDA
| DDI Stock | USD 10.76 0.67 6.64% |
Doubledown InteractiveCo fundamentals help investors to digest information that contributes to Doubledown InteractiveCo's financial success or failures. It also enables traders to predict the movement of Doubledown Stock. The fundamental analysis module provides a way to measure Doubledown InteractiveCo'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 Doubledown InteractiveCo stock.
| Last Reported | Projected for Next Year | ||
| EBITDA | 122 M | 119 M |
Doubledown | EBITDA |
Doubledown InteractiveCo Company EBITDA Analysis
Doubledown InteractiveCo's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Doubledown InteractiveCo EBITDA | 121.98 M |
Most of Doubledown InteractiveCo's fundamental indicators, such as EBITDA, 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, Doubledown InteractiveCo is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Doubledown EBITDA Driver Correlations
Understanding the fundamental principles of building solid financial models for Doubledown InteractiveCo is extremely important. It helps to project a fair market value of Doubledown Stock properly, considering its historical fundamentals such as EBITDA. Since Doubledown InteractiveCo'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 Doubledown InteractiveCo'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 Doubledown InteractiveCo's interrelated accounts and indicators.
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Doubledown EBITDA Historical Pattern
Today, most investors in Doubledown InteractiveCo Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Doubledown InteractiveCo's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's ebitda growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Doubledown InteractiveCo ebitda as a starting point in their analysis.
Doubledown InteractiveCo EBITDA |
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In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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Doubledown Ebitda
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According to the company disclosure, Doubledown InteractiveCo reported earnings before interest,tax, depreciation and amortization of 121.98 M. This is 97.56% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The ebitda for all United States stocks is 96.87% higher than that of the company.
Doubledown EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Doubledown InteractiveCo's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Doubledown InteractiveCo could also be used in its relative valuation, which is a method of valuing Doubledown InteractiveCo by comparing valuation metrics of similar companies.Doubledown InteractiveCo is currently under evaluation in ebitda category among related companies.
Doubledown InteractiveCo Institutional Holders
Institutional Holdings refers to the ownership stake in Doubledown InteractiveCo that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Doubledown InteractiveCo's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Doubledown InteractiveCo's value.| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 5 K | Acadian Asset Management Llc | 2023-12-31 | 2.1 K | Qube Research & Technologies | 2023-12-31 | 215 | Ubs Group Ag | 2023-12-31 | 100.0 | Verition Fund Managegment, Llc | 2023-12-31 | 0.0 | Awm Investment Company Inc | 2023-09-30 | 0.0 | Tower Research Capital Llc | 2023-12-31 | 0.0 | Citigroup Inc | 2023-09-30 | 0.0 | Millennium Management Llc | 2023-12-31 | 0.0 | B. Riley Financial Inc | 2023-12-31 | 4.1 M | Ameriprise Financial Inc | 2023-12-31 | 417.6 K |
Doubledown Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0908 | ||||
| Profit Margin | 0.33 % | ||||
| Operating Margin | 0.43 % | ||||
| Current Valuation | (294.19 B) | ||||
| Shares Outstanding | 49.55 M | ||||
| Shares Owned By Insiders | 0.57 % | ||||
| Shares Owned By Institutions | 9.98 % | ||||
| Number Of Shares Shorted | 39.77 K | ||||
| Price To Earning | 5.24 X | ||||
| Price To Book | 0.69 X | ||||
| Price To Sales | 0 X | ||||
| Revenue | 308.56 M | ||||
| Gross Profit | 211.72 M | ||||
| EBITDA | 121.98 M | ||||
| Net Income | 101.66 M | ||||
| Cash And Equivalents | 284.43 M | ||||
| Cash Per Share | 5.74 X | ||||
| Total Debt | 46.38 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 3.23 X | ||||
| Book Value Per Share | 994.91 X | ||||
| Cash Flow From Operations | 28.71 M | ||||
| Short Ratio | 0.98 X | ||||
| Earnings Per Share | 2.04 X | ||||
| Target Price | 14.83 | ||||
| Beta | 0.7 | ||||
| Market Capitalization | 499.99 M | ||||
| Total Asset | 841.04 M | ||||
| Retained Earnings | 367.3 M | ||||
| Working Capital | 247.25 M | ||||
| Net Asset | 841.04 M |
About Doubledown InteractiveCo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Doubledown InteractiveCo's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Doubledown InteractiveCo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Doubledown InteractiveCo 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Doubledown InteractiveCo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Doubledown InteractiveCo's short interest history, or implied volatility extrapolated from Doubledown InteractiveCo options trading.
Pair Trading with Doubledown InteractiveCo
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 Doubledown InteractiveCo 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 Doubledown InteractiveCo will appreciate offsetting losses from the drop in the long position's value.Moving against Doubledown Stock
| 0.73 | GIGM | Giga Media | PairCorr |
| 0.47 | MSGM | Motorsport Gaming | PairCorr |
The ability to find closely correlated positions to Doubledown InteractiveCo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Doubledown InteractiveCo 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 Doubledown InteractiveCo - 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 Doubledown InteractiveCo to buy it.
The correlation of Doubledown InteractiveCo 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 Doubledown InteractiveCo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Doubledown InteractiveCo 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 Doubledown InteractiveCo 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 Doubledown InteractiveCo Piotroski F Score and Doubledown InteractiveCo Altman Z Score analysis. For more detail on how to invest in Doubledown Stock please use our How to Invest in Doubledown InteractiveCo guide.Note that the Doubledown InteractiveCo information on this page should be used as a complementary analysis to other Doubledown InteractiveCo'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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Doubledown Stock analysis
When running Doubledown InteractiveCo's price analysis, check to measure Doubledown InteractiveCo'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 Doubledown InteractiveCo is operating at the current time. Most of Doubledown InteractiveCo's value examination focuses on studying past and present price action to predict the probability of Doubledown InteractiveCo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doubledown InteractiveCo's price. Additionally, you may evaluate how the addition of Doubledown InteractiveCo to your portfolios can decrease your overall portfolio volatility.
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Is Doubledown InteractiveCo'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 Doubledown InteractiveCo. If investors know Doubledown 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 Doubledown InteractiveCo 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 0.28 | Earnings Share 2.04 | Revenue Per Share 8.1 K | Quarterly Revenue Growth 0.034 | Return On Assets 0.0908 |
The market value of Doubledown InteractiveCo is measured differently than its book value, which is the value of Doubledown that is recorded on the company's balance sheet. Investors also form their own opinion of Doubledown InteractiveCo's value that differs from its market value or its book value, called intrinsic value, which is Doubledown InteractiveCo'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 Doubledown InteractiveCo's market value can be influenced by many factors that don't directly affect Doubledown InteractiveCo'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 Doubledown InteractiveCo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doubledown InteractiveCo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubledown InteractiveCo'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.