Bowlero Pe Ratio vs Good Will Analysis

BOWL Stock  USD 11.90  0.15  1.28%   
Bowlero Corp financial indicator trend analysis is way more than just evaluating Bowlero Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bowlero Corp is a good investment. Please check the relationship between Bowlero Corp Pe Ratio and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bowlero Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Bowlero Stock please use our How to buy in Bowlero Stock guide.

Pe Ratio vs Good Will

Pe Ratio vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bowlero Corp Pe Ratio account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Bowlero Corp's Pe Ratio and Good Will is 0.84. Overlapping area represents the amount of variation of Pe Ratio that can explain the historical movement of Good Will in the same time period over historical financial statements of Bowlero Corp, assuming nothing else is changed. The correlation between historical values of Bowlero Corp's Pe Ratio and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pe Ratio of Bowlero Corp are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Pe Ratio i.e., Bowlero Corp's Pe Ratio and Good Will go up and down completely randomly.

Correlation Coefficient

0.84
Relationship DirectionPositive 
Relationship StrengthStrong

Pe Ratio

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Bowlero Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bowlero Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bowlero Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Bowlero Stock please use our How to buy in Bowlero Stock guide.At this time, Bowlero Corp's Enterprise Value Over EBITDA is quite stable compared to the past year. Enterprise Value Multiple is expected to rise to 79.12 this year, although the value of Tax Provision is projected to rise to (72 M).
 2021 2022 2023 2024 (projected)
Gross Profit301.7M342.4M393.8M197.9M
Total Revenue911.7M1.1B1.2B782.8M

Bowlero Corp fundamental ratios Correlations

-0.30.63-0.410.09-0.6-0.24-0.33-0.090.01-0.04-0.080.44-0.43-0.61-0.550.13-0.59-0.56-0.36-0.63-0.08-0.360.32-0.14-0.57
-0.30.29-0.58-0.620.830.81-0.560.930.860.660.920.030.840.920.95-0.750.930.940.890.9-0.560.89-0.560.780.95
0.630.29-0.91-0.440.130.43-0.690.440.340.320.560.760.28-0.040.07-0.37-0.030.040.41-0.08-0.750.41-0.40.470.01
-0.41-0.58-0.910.5-0.43-0.720.86-0.73-0.61-0.63-0.81-0.58-0.59-0.3-0.40.5-0.32-0.38-0.63-0.260.73-0.630.55-0.7-0.34
0.09-0.62-0.440.5-0.52-0.440.09-0.59-0.55-0.23-0.65-0.39-0.52-0.43-0.540.88-0.45-0.52-0.7-0.390.77-0.70.65-0.82-0.51
-0.60.830.13-0.43-0.520.9-0.440.780.670.710.75-0.140.970.870.87-0.690.850.870.820.86-0.440.82-0.80.690.87
-0.240.810.43-0.72-0.440.9-0.770.880.770.90.860.010.970.750.78-0.630.740.770.780.73-0.480.78-0.790.730.75
-0.33-0.56-0.690.860.09-0.44-0.77-0.71-0.63-0.8-0.71-0.22-0.6-0.36-0.40.27-0.37-0.4-0.48-0.350.37-0.480.38-0.45-0.37
-0.090.930.44-0.73-0.590.780.88-0.710.930.830.950.060.850.80.85-0.740.810.840.820.78-0.510.82-0.620.830.84
0.010.860.34-0.61-0.550.670.77-0.630.930.830.8-0.160.740.680.72-0.80.70.720.610.67-0.330.61-0.470.680.74
-0.040.660.32-0.63-0.230.710.9-0.80.830.830.69-0.230.820.580.59-0.520.580.590.490.57-0.140.49-0.590.570.59
-0.080.920.56-0.81-0.650.750.86-0.710.950.80.690.330.830.780.85-0.680.80.840.930.75-0.720.93-0.670.890.81
0.440.030.76-0.58-0.39-0.140.01-0.220.06-0.16-0.230.33-0.05-0.17-0.05-0.04-0.16-0.090.35-0.21-0.770.35-0.220.36-0.15
-0.430.840.28-0.59-0.520.970.97-0.60.850.740.820.83-0.050.830.85-0.690.820.840.830.81-0.480.83-0.840.760.83
-0.610.92-0.04-0.3-0.430.870.75-0.360.80.680.580.78-0.170.830.99-0.561.00.990.841.0-0.350.84-0.530.660.99
-0.550.950.07-0.4-0.540.870.78-0.40.850.720.590.85-0.050.850.99-0.620.991.00.90.98-0.460.9-0.590.760.99
0.13-0.75-0.370.50.88-0.69-0.630.27-0.74-0.8-0.52-0.68-0.04-0.69-0.56-0.62-0.56-0.61-0.65-0.540.59-0.650.67-0.74-0.64
-0.590.93-0.03-0.32-0.450.850.74-0.370.810.70.580.8-0.160.821.00.99-0.561.00.851.0-0.360.85-0.510.680.99
-0.560.940.04-0.38-0.520.870.77-0.40.840.720.590.84-0.090.840.991.0-0.611.00.890.99-0.430.89-0.570.740.99
-0.360.890.41-0.63-0.70.820.78-0.480.820.610.490.930.350.830.840.9-0.650.850.890.82-0.771.0-0.730.870.86
-0.630.9-0.08-0.26-0.390.860.73-0.350.780.670.570.75-0.210.811.00.98-0.541.00.990.82-0.310.82-0.50.620.99
-0.08-0.56-0.750.730.77-0.44-0.480.37-0.51-0.33-0.14-0.72-0.77-0.48-0.35-0.460.59-0.36-0.43-0.77-0.31-0.770.58-0.69-0.4
-0.360.890.41-0.63-0.70.820.78-0.480.820.610.490.930.350.830.840.9-0.650.850.891.00.82-0.77-0.730.870.86
0.32-0.56-0.40.550.65-0.8-0.790.38-0.62-0.47-0.59-0.67-0.22-0.84-0.53-0.590.67-0.51-0.57-0.73-0.50.58-0.73-0.79-0.54
-0.140.780.47-0.7-0.820.690.73-0.450.830.680.570.890.360.760.660.76-0.740.680.740.870.62-0.690.87-0.790.7
-0.570.950.01-0.34-0.510.870.75-0.370.840.740.590.81-0.150.830.990.99-0.640.990.990.860.99-0.40.86-0.540.7
Click cells to compare fundamentals

Bowlero Corp Account Relationship Matchups

Bowlero Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab40.8M59.8M58.9M(5.6M)(6.4M)(6.1M)
Total Current Liabilities71.4M107.4M119.2M168.7M194.0M107.0M
Other Liab220.2M563.7M280.3M141.6M162.8M246.2M
Net Tangible Assets(676.7M)(1.1B)(654.4M)(707.2M)(636.5M)(668.3M)
Retained Earnings(102.7M)(266.5M)(312.9M)(219.7M)(197.7M)(207.6M)
Accounts Payable17.0M29.5M38.2M121.2M139.4M146.4M
Other Assets43.1M42.6M41.0M85.9M98.8M103.7M
Net Receivables3.8M3.3M5.2M3.1M2.8M3.7M
Inventory8.2M8.3M10.3M11.5M13.2M9.1M
Other Current Assets9.0M8.7M21.5M18.4M21.2M13.1M
Other Stockholder Equity271.8M(9.4M)300.5M370.7M426.3M447.6M
Total Current Assets161.6M207.4M169.3M230.7M265.3M171.8M
Property Plant Equipment743.7M708.8M797.4M1.7B1.9B2.0B
Total Assets1.8B1.8B1.9B2.8B3.3B2.2B
Short Long Term Debt Total1.2B1.3B1.3B2.3B2.6B1.5B
Total Stockholder Equity443.8M330.1M192.3M299.6M269.6M268.3M
Property Plant And Equipment Net743.7M708.8M797.4M1.7B1.9B1.0B
Net Debt1.1B1.1B1.1B2.1B2.4B1.4B
Cash140.7M187.1M132.2M195.6M225.0M169.4M
Non Current Assets Total1.6B1.6B1.7B2.6B3.0B2.0B
Non Currrent Assets Other43.0M(62.3M)21.7M7.7M6.9M9.6M
Cash And Short Term Investments140.7M187.1M132.2M195.6M225.0M169.4M
Good Will724.9M726.2M742.7M753.5M678.2M599.5M
Common Stock Shares Outstanding165.4M146.8M155.8M175.8M202.2M143.0M
Liabilities And Stockholders Equity1.8B1.8B1.9B2.8B3.3B2.2B
Non Current Liabilities Total1.3B1.3B1.5B2.4B2.7B1.7B
Total Liab1.3B1.5B1.7B2.5B2.9B1.8B
Accumulated Other Comprehensive Income(19.0M)(9.4M)(1.3M)4.2M4.8M5.0M
Short Term Debt5.3M5.1M5.0M33.2M38.2M40.1M
Intangible Assets101.8M96.1M104.0M108.9M125.2M113.0M

Pair Trading with Bowlero Corp

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 Bowlero Corp 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 Bowlero Corp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Bowlero Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bowlero Corp 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 Bowlero Corp - 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 Bowlero Corp to buy it.
The correlation of Bowlero Corp 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 Bowlero Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bowlero 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 Bowlero Corp 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
When determining whether Bowlero Corp is a strong investment it is important to analyze Bowlero Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bowlero Corp's future performance. For an informed investment choice regarding Bowlero Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bowlero Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Bowlero Stock please use our How to buy in Bowlero Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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Is Bowlero Corp'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 Bowlero Corp. If investors know Bowlero 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 Bowlero Corp 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
26.437
Earnings Share
0.21
Revenue Per Share
6.723
Quarterly Revenue Growth
0.118
Return On Assets
0.0408
The market value of Bowlero Corp is measured differently than its book value, which is the value of Bowlero that is recorded on the company's balance sheet. Investors also form their own opinion of Bowlero Corp's value that differs from its market value or its book value, called intrinsic value, which is Bowlero Corp'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 Bowlero Corp's market value can be influenced by many factors that don't directly affect Bowlero Corp'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 Bowlero Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bowlero Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bowlero Corp'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.