Paramount Global Revenue vs. Current Valuation
| PARAA Stock | USD 17.02 0.34 1.96% |
Total Revenue | First Reported 1986-03-31 | Previous Quarter 7.6 B | Current Value 7.7 B | Quarterly Volatility 2.4 B |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.44 | 0.245 |
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For Paramount Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Paramount Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Paramount Global Class utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Paramount Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Paramount Global Class over time as well as its relative position and ranking within its peers.
Paramount |
Paramount Global's Revenue Breakdown by Earning Segment
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Is Movies & Entertainment space 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 Paramount Global. If investors know Paramount 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 Paramount Global 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 79.876 | Dividend Share 0.2 | Earnings Share (1.13) | Revenue Per Share 46.07 | Quarterly Revenue Growth 0.058 |
The market value of Paramount Global Class is measured differently than its book value, which is the value of Paramount that is recorded on the company's balance sheet. Investors also form their own opinion of Paramount Global's value that differs from its market value or its book value, called intrinsic value, which is Paramount Global'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 Paramount Global's market value can be influenced by many factors that don't directly affect Paramount Global'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 Paramount Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paramount Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paramount Global'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.
Paramount Global Class Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Paramount Global's current stock value. Our valuation model uses many indicators to compare Paramount Global value to that of its competitors to determine the firm's financial worth. Paramount Global Class is rated top company in revenue category among its peers. It also is rated top company in current valuation category among its peers reporting about 0.85 of Current Valuation per Revenue. The ratio of Revenue to Current Valuation for Paramount Global Class is roughly 1.18 . At present, Paramount Global's Total Revenue is projected to increase significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Paramount Global's earnings, one of the primary drivers of an investment's value.Paramount Revenue vs. Competition
Paramount Global Class is rated top company in revenue category among its peers. Market size based on revenue of Communication Services industry is at this time estimated at about 76.38 Billion. Paramount Global totals roughly 29.65 Billion in revenue claiming about 39% of stocks in Communication Services industry.
Paramount Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Paramount Global |
| = | 29.65 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Paramount Global |
| = | 25.21 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Paramount Current Valuation vs Competition
Paramount Global Class is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Communication Services industry is at this time estimated at about 132.99 Billion. Paramount Global retains roughly 25.21 Billion in current valuation claiming about 19% of stocks in Communication Services industry.
Paramount Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Paramount Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Paramount Global will eventually generate negative long term returns. The profitability progress is the general direction of Paramount Global's change in net profit over the period of time. It can combine multiple indicators of Paramount Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1.6 B | -1.5 B | |
| Operating Income | -451 M | -428.4 M | |
| Income Before Tax | -1.3 B | -1.2 B | |
| Total Other Income Expense Net | 82 M | 86.1 M | |
| Net Loss | -1.3 B | -1.2 B | |
| Income Tax Expense | -361 M | -342.9 M | |
| Net Interest Income | -783 M | -822.1 M | |
| Interest Income | 137 M | 88.2 M | |
| Net Loss | -1.3 B | -1.2 B | |
| Net Income Applicable To Common Shares | 993.6 M | 943.9 M | |
| Non Operating Income Net Other | -314.1 M | -329.8 M | |
| Change To Netincome | 877.5 M | 921.3 M | |
| Net Loss | (0.93) | (0.89) | |
| Income Quality | (0.38) | (0.36) | |
| Net Income Per E B T | 0.49 | 0.47 |
Paramount Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Paramount Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Paramount Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Paramount Global's important profitability drivers and their relationship over time.
Use Paramount Global in pair-trading
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 Paramount Global 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 Paramount Global will appreciate offsetting losses from the drop in the long position's value.Paramount Global Pair Trading
Paramount Global Class Pair Trading Analysis
The ability to find closely correlated positions to Paramount Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paramount Global 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 Paramount Global - 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 Paramount Global Class to buy it.
The correlation of Paramount Global 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 Paramount Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paramount Global Class 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 Paramount Global 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.Use Investing Themes to Complement your Paramount Global position
In addition to having Paramount Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Oil And Gas Thematic Idea Now
Oil And Gas
Companies involved in drilling, production, and distribution of oil and gas pipelines. The Oil And Gas theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Oil And Gas Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Paramount Stock
When determining whether Paramount Global Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paramount Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paramount Global Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paramount Global Class Stock:Check out Your Equity Center. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
To fully project Paramount Global's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Paramount Global Class at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Paramount Global's income statement, its balance sheet, and the statement of cash flows.