The company has a current ratio of 1.14, suggesting that it may not have the ability to pay its financial obligations when due. Veritone recommendation module can be used to check and cross-verify current trade recommendation provided by
analysts inspecting the firm's potential to grow using all of fundamental, technical, data market data available at the time.
We determine the current worth of Veritone using both absolute as well as relative valuation methodologies to arrive at its intrinsic value. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Veritone based exclusively on its
fundamental and basic
technical indicators. By analyzing Veritone's
financials, quarterly and monthly indicators, and related drivers such as
dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of
Veritone's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Veritone. We calculate exposure to Veritone's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Veritone's related companies.
Veritone Investment Alerts
Veritone investment alerts and warnings help investors to get more proficient at understanding not only critical technical and fundamental signals but also the significant portfolio-centered indicators. These indicators include beta, alpha, and other risk-related measures that will help you in monitoring Veritone performance across your portfolios.Please check all
investment alerts for Veritone
Veritone Valuation Ratios as Compared to Competition
Our valuation model uses many indicators to compare Veritone value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Veritone competition to find
correlations between indicators driving the intrinsic value of Veritone.
Veritone Gross Profit
Veritone Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Veritone previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Veritone Gross Profit growth over the last 10 years. Please check Veritone's
gross profit and other
fundamental indicators for more details.
A Deeper Perspective
Veritone reported the previous year's revenue of 53.34
M. Net Loss for the year was (50.37
M) with profit before overhead, payroll, taxes, and interest of 32.36
M.
| 2018 | 2019 | 2020 | 2021 (projected) |
Weighted Average Shares | 17.57 M | 21.8 M | 19.62 M | 21.17 M | Revenues | 27.05 M | 49.65 M | 44.68 M | 48.21 M |
Margins Breakdown
Veritone profit margins show the degree to which it makes money. Margin indicators are used not only by investors but also by creditors or Veritone itself as indicators of financial health and management effectiveness. Please look more closely at the different varieties of Veritone profit margins.
| Operating Margin | (43.85) |
| EBITDA Margin | (43.08) |
| Gross Margin | 86.08 |
| Profit Margin | (43.29) |
Veritone PPandE Turnover is nearly stable at the moment. Also, Veritone Net Income Per Employee is decreasing over the last 6 years. The current value of Veritone Net Income Per Employee is -278,071.
Our perspective of the current Veritone rise
Veritone current jensen alpha boosts over 2.08. Veritone is displaying above-average volatility over the selected time horizon. Investors should scrutinize Veritone independently to ensure intended market timing strategies are aligned with expectations about Veritone volatility.
The Current Takeaway on Veritone Investment
While other entities under the software—infrastructure industry are still a bit expensive, Veritone may offer a potential longer-term growth to stockholders. All things considered, as of the 9th of January 2021, we believe that Veritone is currently
overvalued with
below average chance of distress in the next two years. Our overall 30 days advice on the company is
Cautious Hold.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Veritone. Please refer to our
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