Despegar Price to Sales Ratio vs Operating Income Analysis

DESP Stock  USD 12.59  0.37  3.03%   
Despegar Corp financial indicator trend analysis is much more than just examining Despegar Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Despegar Corp is a good investment. Please check the relationship between Despegar Corp Price To Sales Ratio and its Operating Income accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Despegar 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 state.
To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.

Price To Sales Ratio vs Operating Income

Price to Sales Ratio vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Despegar Corp Price to Sales Ratio account and Operating Income. At this time, the significance of the direction appears to have weak relationship.
The correlation between Despegar Corp's Price to Sales Ratio and Operating Income is 0.3. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Operating Income in the same time period over historical financial statements of Despegar Corp, assuming nothing else is changed. The correlation between historical values of Despegar Corp's Price to Sales Ratio and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price to Sales Ratio of Despegar Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Price to Sales Ratio i.e., Despegar Corp's Price to Sales Ratio and Operating Income go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Despegar Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Despegar Corp sales, a figure that is much harder to manipulate than other Despegar Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Operating Income

Operating Income is the amount of profit realized from Despegar Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Despegar Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Despegar Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Despegar 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Despegar 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 state.
To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.As of 04/25/2024, Tax Provision is likely to grow to about 20.1 M. Also, Selling General Administrative is likely to grow to about 90.6 M
 2021 2022 2023 2024 (projected)
Depreciation And Amortization44.6M41.1M36.5M31.4M
Interest Income6.0M18.0M20.7M21.7M

Despegar Corp fundamental ratios Correlations

0.90.670.860.410.460.170.81-0.75-0.77-0.40.920.880.790.00.740.840.760.740.990.670.760.550.72-0.650.96
0.90.610.860.080.7-0.20.93-0.68-0.45-0.630.920.620.950.060.870.560.540.920.860.860.790.780.71-0.510.86
0.670.610.9-0.040.46-0.050.4-0.25-0.29-0.510.810.40.56-0.540.630.330.80.610.650.520.760.120.84-0.650.66
0.860.860.90.00.66-0.140.71-0.42-0.42-0.660.980.570.83-0.350.820.510.720.850.840.740.870.460.89-0.620.82
0.410.08-0.040.0-0.520.930.06-0.62-0.860.650.070.75-0.150.36-0.290.770.51-0.250.5-0.26-0.05-0.17-0.12-0.280.47
0.460.70.460.66-0.52-0.720.74-0.030.12-0.850.680.060.88-0.040.850.010.020.910.380.720.490.670.71-0.210.39
0.17-0.2-0.05-0.140.93-0.72-0.27-0.38-0.710.78-0.130.56-0.440.15-0.510.590.48-0.50.27-0.49-0.17-0.49-0.22-0.250.25
0.810.930.40.710.060.74-0.27-0.63-0.42-0.580.810.580.940.320.850.530.30.890.760.780.60.840.62-0.440.77
-0.75-0.68-0.25-0.42-0.62-0.03-0.38-0.630.71-0.01-0.52-0.79-0.45-0.32-0.41-0.75-0.61-0.34-0.75-0.52-0.53-0.44-0.30.59-0.81
-0.77-0.45-0.29-0.42-0.860.12-0.71-0.420.71-0.2-0.49-0.97-0.26-0.19-0.18-0.98-0.69-0.19-0.82-0.1-0.32-0.14-0.290.5-0.76
-0.4-0.63-0.51-0.660.65-0.850.78-0.58-0.01-0.2-0.65-0.01-0.770.37-0.890.04-0.08-0.82-0.31-0.78-0.65-0.67-0.640.17-0.27
0.920.920.810.980.070.68-0.130.81-0.52-0.49-0.650.650.89-0.220.850.590.680.890.890.790.870.580.85-0.590.87
0.880.620.40.570.750.060.560.58-0.79-0.97-0.010.650.450.140.390.990.740.380.910.320.490.30.45-0.590.86
0.790.950.560.83-0.150.88-0.440.94-0.45-0.26-0.770.890.450.070.930.390.330.990.730.850.70.830.73-0.370.71
0.00.06-0.54-0.350.36-0.040.150.32-0.32-0.190.37-0.220.140.07-0.160.15-0.36-0.040.02-0.19-0.480.31-0.390.190.02
0.740.870.630.82-0.290.85-0.510.85-0.41-0.18-0.890.850.390.93-0.160.330.370.930.650.90.790.750.81-0.470.65
0.840.560.330.510.770.010.590.53-0.75-0.980.040.590.990.390.150.330.680.310.860.260.450.260.4-0.560.82
0.760.540.80.720.510.020.480.3-0.61-0.69-0.080.680.740.33-0.360.370.680.320.790.360.680.00.6-0.710.79
0.740.920.610.85-0.250.91-0.50.89-0.34-0.19-0.820.890.380.99-0.040.930.310.320.690.840.710.790.75-0.350.66
0.990.860.650.840.50.380.270.76-0.75-0.82-0.310.890.910.730.020.650.860.790.690.590.720.50.66-0.610.95
0.670.860.520.74-0.260.72-0.490.78-0.52-0.1-0.780.790.320.85-0.190.90.260.360.840.590.860.740.69-0.450.65
0.760.790.760.87-0.050.49-0.170.6-0.53-0.32-0.650.870.490.7-0.480.790.450.680.710.720.860.430.8-0.660.77
0.550.780.120.46-0.170.67-0.490.84-0.44-0.14-0.670.580.30.830.310.750.260.00.790.50.740.430.260.020.41
0.720.710.840.89-0.120.71-0.220.62-0.3-0.29-0.640.850.450.73-0.390.810.40.60.750.660.690.80.26-0.770.74
-0.65-0.51-0.65-0.62-0.28-0.21-0.25-0.440.590.50.17-0.59-0.59-0.370.19-0.47-0.56-0.71-0.35-0.61-0.45-0.660.02-0.77-0.77
0.960.860.660.820.470.390.250.77-0.81-0.76-0.270.870.860.710.020.650.820.790.660.950.650.770.410.74-0.77
Click cells to compare fundamentals

Despegar Corp Account Relationship Matchups

Despegar Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets767.8M844.7M823.7M804.2M902.9M775.4M
Short Long Term Debt Total26.8M53.2M54.6M58.3M53.8M36.1M
Other Current Liab150.0M95.1M122.9M159.2M197.4M147.3M
Total Current Liabilities444.1M385.5M473.8M564.5M671.1M474.7M
Total Stockholder Equity194.2M92.9M(29.5M)(127.2M)(121.3M)(115.2M)
Other Liab127.2M131.7M180.4M174.5M200.7M164.0M
Net Tangible Assets173.9M97.7M(126.0M)(239.9M)(215.9M)(205.1M)
Property Plant And Equipment Net29.1M54.2M41.8M38.0M38.4M32.5M
Current Deferred Revenue8.9M9.3M13.6M23.3M31.8M16.7M
Net Debt(282.4M)(281.3M)(191.5M)(160.9M)(186.7M)(196.1M)
Retained Earnings(326.5M)(468.0M)(572.6M)(643.3M)(614.3M)(645.0M)
Accounts Payable261.4M262.0M315.1M345.9M407.3M282.0M
Cash309.2M334.4M246.1M219.2M240.5M274.4M
Non Current Assets Total151.4M342.4M336.8M339.1M359.8M236.6M
Non Currrent Assets Other25.4M72.0M14.9M8.2M(11.5M)(11.0M)
Other Assets12.8M25.4M71.8M81.9M94.2M98.9M
Cash And Short Term Investments309.2M334.4M246.1M219.2M240.5M279.3M
Net Receivables233.1M87.8M152.0M173.9M224.0M186.9M
Good Will47.3M117.8M122.4M138.6M149.5M89.0M
Common Stock Total Equity253.5M255.3M261.6M265.7M305.6M190.0M
Common Stock Shares Outstanding69.5M73.0M81.6M76.8M77.2M78.9M
Liabilities And Stockholders Equity767.8M844.7M823.7M804.2M902.9M775.4M
Non Current Liabilities Total129.5M366.4M376.9M366.9M171.6M240.4M
Inventory4.5M16.1M33.1M25.9M1.00.95
Other Current Assets69.7M64.0M55.8M46.2M78.6M51.5M
Other Stockholder Equity258.7M173.1M125.5M77.3M31.0M29.4M
Total Liab573.6M751.9M850.6M931.3M842.7M715.1M
Property Plant And Equipment Gross62.8M54.2M41.8M38.0M43.7M36.0M
Short Long Term Debt19.2M8.9M15.3M29.9M34.4M36.1M
Total Current Assets616.4M502.3M487.0M465.1M543.1M538.8M
Accumulated Other Comprehensive Income447K(16.4M)(18.6M)(16.8M)(11.7M)(11.1M)
Short Term Debt23.8M19.1M22.2M36.0M34.6M22.5M
Intangible Assets49.6M98.4M88.5M91.5M90.4M67.2M
Common Stock261.6M265.7M279.9M287.6M292.2M231.7M
Property Plant Equipment19.7M62.8M58.7M44.5M51.2M36.3M
Non Current Liabilities Other5.3M66.3M63.3M51.4M59.2M34.3M
Net Invested Capital213.4M112.2M(2.8M)(92.1M)(82.9M)(78.7M)
Net Working Capital175.6M116.8M13.2M(99.4M)(89.4M)(85.0M)
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 Despegar Corp 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, Despegar Corp's short interest history, or implied volatility extrapolated from Despegar Corp options trading.

Pair Trading with Despegar 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 Despegar 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 Despegar Corp will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Despegar 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 Despegar 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 Despegar 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 Despegar Corp to buy it.
The correlation of Despegar 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 Despegar Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Despegar 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 Despegar 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 Despegar Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Despegar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Despegar Corp Stock. Highlighted below are key reports to facilitate an investment decision about Despegar Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Despegar 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 state.
To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Despegar Corp's price analysis, check to measure Despegar Corp'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 Despegar Corp is operating at the current time. Most of Despegar Corp's value examination focuses on studying past and present price action to predict the probability of Despegar Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Despegar Corp's price. Additionally, you may evaluate how the addition of Despegar Corp to your portfolios can decrease your overall portfolio volatility.
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Is Despegar 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 Despegar Corp. If investors know Despegar 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 Despegar Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.88)
Revenue Per Share
9.149
Quarterly Revenue Growth
0.399
Return On Assets
0.0511
Return On Equity
0.5739
The market value of Despegar Corp is measured differently than its book value, which is the value of Despegar that is recorded on the company's balance sheet. Investors also form their own opinion of Despegar Corp's value that differs from its market value or its book value, called intrinsic value, which is Despegar 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 Despegar Corp's market value can be influenced by many factors that don't directly affect Despegar 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 Despegar Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Despegar Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Despegar 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.