Valuation Measures
Enterprise Value/EBITDA
Formula: Enterprise Value / EBITDA
Firm value compared against EBITDA (Earnings before interest, taxes, depreciation, and amortization).
Enterprise Value
Formula: Market Cap + Total Debt - Total Cash & Short Term Investments
EV is a measure of theoretical takeover price, and is useful in comparisons against income statement line items above the interest expense/income lines such as revenue and EBITDA.
Enterprise Value/Revenue
Formula: Enterprise Value / Total Revenues
Firm value compared against revenue. Provides a more rigorous comparison than the Price/Sales ratio by removing the effects of capitalization from both sides of the ratio. Since revenue is unaffected by the interest income/expense line item, the appropriate value comparison should also remove the effects of capitalization, as EV does.
Forward P/E Ratio
Formula: Current Market Price / Projected Earnings Per Share
A valuation ratio calculated by dividing the current market price by projected 12-month Earnings Per Share.
Market Cap
Formula: Current Market Price Per Share x Number of Shares Outstanding
The total dollar value of all outstanding shares. Computed as shares times the current market price. Capitalization is a measure of corporate size.
PEG Ratio
Formula: P/E Ratio / 5-Yr Expected EPS Growth
Forward-looking measure rather than typical earnings growth measures, which look back in time (historical). Used to measure a stock's valuation against its projected 5-yr growth rate.
Price/Book Ratio
Formula: Current Market Price / Book Value Per Share
A valuation ratio calculated by dividing the current market price by the most recent quarter's (mrq) Book Value Per Share.
Price/Sales Ratio
Formula: Current Market Price / Total Revenues Per Share
A valuation ratio calculated by dividing the current market price by trailing 12-month (ttm) Total Revenues. Often used to value unprofitable companies.
Trailing P/E Ratio
Formula: Current Market Price / Earnings Per Share
A popular valuation ratio calculated by dividing the current market price by trailing 12-month (ttm) Earnings Per Share.
Financial Highlights
Book Value Per Share
Formula: Total Common Equity / Total Common Shares Outstanding
This is defined as the Common Shareholder's Equity divided by the Shares Outstanding at the end of the most recent fiscal quarter.
Current Ratio
Formula: Total Current Assets / Total Current Liabilities
This is the ratio of Total Current Assets for the most recent quarter divided by Total Current Liabilities for the same period.
Diluted EPS
Formula: (Net Income - Preferred Dividend and Other Adjustments)/ Weighted Average Diluted Shares Outstanding
This is the Adjusted Income Available to Common Stockholders (based on Generally Accepted Accounting Principles, GAAP) for the trailing 12 months divided by the trailing 12 month weighted average shares outstanding. Diluted EPS uses diluted weighted average shares in the calculation, or the weighted average shares assuming all convertible securities are exercised.
EBITDA
The accounting acronym EBITDA stands for "Earnings Before Interest, Tax, Depreciation, and Amortization."
Fiscal Year Ends
The date of the end of the firm's accounting year.
Gross Profit
Formula: Total Revenues - Cost of Revenues
This item represents Total Revenues minus Cost Of Goods Sold, Total.
Levered Free Cash Flow
Formula: (EBIT + Interest Expense) x (1 x Tax Rate) + Depreciation & Amort., Total + Other Amortization + Capital Expenditure + Sale (Purchase) of Intangible assets - Change in Net Working Capital + Pref. Dividends Paid + Total Debt Repaid + Total Debt Issued + Repurchase of Preferred + Issuance of Preferred Stock
Where: Tax Rate = 37.5%
This figure is a normalized item that excludes non-recurring items and also takes into consideration cash inflows from financing activities such as debt or preferred stock issuances.
Operating Cash Flow
Formula: Net Income + Depreciation and Amortization, Total + Other Amortization + Other Non-Cash Items, Total + Change in Working Capital
Net cash used or generated in operating activities during the stated period of time. It reflects net impact of all operating activity transactions on the cash flow of the entity. This GAAP figure is taken directly from the company's Cash Flow Statement and might include significant non-recurring items.
Operating Margin
Formula: [(Total Revenues - Total Operating Costs) / (Total Revenues)] x 100
This item represents the difference between the Total Revenues and the Total Operating Costs divided by Total Revenues, and is expressed as a percentage. Total Operating Costs consist of: (a) Cost of Goods Sold (b) Total (c) Selling, General & Administrative Expenses (d) Total R & D Expenses (e) Depreciation & Amortization and (f) Total Other Operating Expenses, Total. A ratio used to measure a company's operating efficiency.
Profit Margin
Formula: (Net Income / Total Revenues) x 100
Also known as Return on Sales, this value is the Net Income After Taxes for the trailing 12 months divided by Total Revenue for the same period and is expressed as a percentage.
Quarterly Earnings Growth
Formula: [(Qtrly Net Income - Qtrly Net Income (yr ago)) / Qtrly Net Income (yr ago)] x 100
The growth of Quarterly Net Income from the same quarter a year ago.
Quarterly Revenue Growth
Formula: [(Qtrly Total Revenues - Qtrly Total Revenues (yr ago)) / Qtrly Total Revenues (yr ago)] x 100
The growth of Quarterly Total Revenues from the same quarter a year ago.
Return on Assets
Formula: Earnings from Continuing Operations / Average Total Equity
This ratio shows percentage of Returns to Total Assets of the company. This is a useful measure in analyzing how well a company uses its assets to produce earnings.
Return on Equity
Formula: [(Earnings from Continuing Operations) / Total Common Equity] x 100
This is a measure of the return on money provided by the firms' owners. This ratio represents Earnings from Continuing Operations divided by average Total Equity and is expressed as a percentage.
Revenue
The amount of money generated by a company's business activities. Also known as Sales.
Revenue (Sales) Per Share
Formula: Total Revenues / Weighted Average Shares Outstanding
Total Cash
The Total Cash and Short-term Investments on the balance sheet as of the most recent quarter.
Total Cash Per Share
This is the Total Cash plus Short Term Investments divided by the Shares Outstanding at the end of the most recent fiscal quarter.
Total Debt
Formula: Short Term Borrowings + Current Portion of Long Term Debt + Current Portion of Capital Lease + Long Term Debt + Long Term Capital Lease + Finance Division Debt Current + Finance Division Debt Non Current
The Total Debt on the balance sheet as of the most recent quarter.
Total Debt / Total Equity
Formula: [(Long-term Debt + Capital Leases + Finance Division Debt Non-Current + Short-term Borrowings + Current Portion of Long-term Debt + Current Portion of Capital Lease Obligation + Finance Division Debt Current) / (Total Common Equity + Total Preferred Equity)] x 100
This ratio is Total Debt for the most recent fiscal quarter divided by Total Shareholder Equity for the same period.
Trading Information
Average Volume (3 month)
This is the average daily trading volume during the last 3 months.
Average Volume (10 day)
This is the average daily trading volume during the last 10 days.
Beta
The Beta used is Beta of Equity. Beta is the monthly price change of a particular company relative to the monthly price change of the S&P500. The time period for Beta is usually 3-years.
Dividend Date
The payment date for a declared dividend.
Ex-Dividend Date
The first day of trading when the seller, rather than the buyer, of a stock is entitled to the most recently announced dividend payment. The date set by the NYSE (and generally followed on other U.S. exchanges) is currently two business days before the record date. A stock that has gone ex-dividend is denoted by an x in newspaper listings on that date.
Float
This is the number of freely traded shares in the hands of the public. Float is calculated as Shares Outstanding minus Shares Owned by Insiders, 5% Owners, and Rule 144 Shares.
Forward Annual Dividend Rate
The annualized amount of dividends expected to be paid in the current fiscal year.
Trailing Annual Dividend Rate
The sum of all dividends paid out in the trailing 12-month period.
Payout Ratio
The ratio of Earnings paid out in Dividends, expressed as a percentage.
Shares Outstanding
This is the number of shares of common stock currently outstanding—the number of shares issued minus the shares held in treasury. This field reflects all offerings and acquisitions for stock made after the end of the previous fiscal period.
Shares Short
This is the number of shares currently borrowed by investors for sale, but not yet returned to the owner/lender.
Short Ratio
This represents the number of days it would take to cover the Short Interest if trading continued at the average daily volume for the month. It is calculated as the Short Interest for the Current Month divided by the Average Daily Volume.
Short % of Float
Number of shares short divided by float.
5-Year Average Dividend Yield
The average Forward Annual Dividend Yield in the past 5 years.
52-Week High
This price is the highest Price the stock traded at in the last 12 months. This could be an intraday high.
52-Week Low
This price is the lowest Price the stock traded at in the last 12 months. This could be an intraday low.
200-Day Moving Average
A simple moving average that is calculated by dividing the sum of the closing prices in the last 200 trading days by 200.
Enterprise Value/EBITDA
Formula: Enterprise Value / EBITDA
Firm value compared against EBITDA (Earnings before interest, taxes, depreciation, and amortization).
Enterprise Value
Formula: Market Cap + Total Debt - Total Cash & Short Term Investments
EV is a measure of theoretical takeover price, and is useful in comparisons against income statement line items above the interest expense/income lines such as revenue and EBITDA.
Enterprise Value/Revenue
Formula: Enterprise Value / Total Revenues
Firm value compared against revenue. Provides a more rigorous comparison than the Price/Sales ratio by removing the effects of capitalization from both sides of the ratio. Since revenue is unaffected by the interest income/expense line item, the appropriate value comparison should also remove the effects of capitalization, as EV does.
Forward P/E Ratio
Formula: Current Market Price / Projected Earnings Per Share
A valuation ratio calculated by dividing the current market price by projected 12-month Earnings Per Share.
Market Cap
Formula: Current Market Price Per Share x Number of Shares Outstanding
The total dollar value of all outstanding shares. Computed as shares times the current market price. Capitalization is a measure of corporate size.
PEG Ratio
Formula: P/E Ratio / 5-Yr Expected EPS Growth
Forward-looking measure rather than typical earnings growth measures, which look back in time (historical). Used to measure a stock's valuation against its projected 5-yr growth rate.
Price/Book Ratio
Formula: Current Market Price / Book Value Per Share
A valuation ratio calculated by dividing the current market price by the most recent quarter's (mrq) Book Value Per Share.
Price/Sales Ratio
Formula: Current Market Price / Total Revenues Per Share
A valuation ratio calculated by dividing the current market price by trailing 12-month (ttm) Total Revenues. Often used to value unprofitable companies.
Trailing P/E Ratio
Formula: Current Market Price / Earnings Per Share
A popular valuation ratio calculated by dividing the current market price by trailing 12-month (ttm) Earnings Per Share.
Financial Highlights
Book Value Per Share
Formula: Total Common Equity / Total Common Shares Outstanding
This is defined as the Common Shareholder's Equity divided by the Shares Outstanding at the end of the most recent fiscal quarter.
Current Ratio
Formula: Total Current Assets / Total Current Liabilities
This is the ratio of Total Current Assets for the most recent quarter divided by Total Current Liabilities for the same period.
Diluted EPS
Formula: (Net Income - Preferred Dividend and Other Adjustments)/ Weighted Average Diluted Shares Outstanding
This is the Adjusted Income Available to Common Stockholders (based on Generally Accepted Accounting Principles, GAAP) for the trailing 12 months divided by the trailing 12 month weighted average shares outstanding. Diluted EPS uses diluted weighted average shares in the calculation, or the weighted average shares assuming all convertible securities are exercised.
EBITDA
The accounting acronym EBITDA stands for "Earnings Before Interest, Tax, Depreciation, and Amortization."
Fiscal Year Ends
The date of the end of the firm's accounting year.
Gross Profit
Formula: Total Revenues - Cost of Revenues
This item represents Total Revenues minus Cost Of Goods Sold, Total.
Levered Free Cash Flow
Formula: (EBIT + Interest Expense) x (1 x Tax Rate) + Depreciation & Amort., Total + Other Amortization + Capital Expenditure + Sale (Purchase) of Intangible assets - Change in Net Working Capital + Pref. Dividends Paid + Total Debt Repaid + Total Debt Issued + Repurchase of Preferred + Issuance of Preferred Stock
Where: Tax Rate = 37.5%
This figure is a normalized item that excludes non-recurring items and also takes into consideration cash inflows from financing activities such as debt or preferred stock issuances.
Operating Cash Flow
Formula: Net Income + Depreciation and Amortization, Total + Other Amortization + Other Non-Cash Items, Total + Change in Working Capital
Net cash used or generated in operating activities during the stated period of time. It reflects net impact of all operating activity transactions on the cash flow of the entity. This GAAP figure is taken directly from the company's Cash Flow Statement and might include significant non-recurring items.
Operating Margin
Formula: [(Total Revenues - Total Operating Costs) / (Total Revenues)] x 100
This item represents the difference between the Total Revenues and the Total Operating Costs divided by Total Revenues, and is expressed as a percentage. Total Operating Costs consist of: (a) Cost of Goods Sold (b) Total (c) Selling, General & Administrative Expenses (d) Total R & D Expenses (e) Depreciation & Amortization and (f) Total Other Operating Expenses, Total. A ratio used to measure a company's operating efficiency.
Profit Margin
Formula: (Net Income / Total Revenues) x 100
Also known as Return on Sales, this value is the Net Income After Taxes for the trailing 12 months divided by Total Revenue for the same period and is expressed as a percentage.
Quarterly Earnings Growth
Formula: [(Qtrly Net Income - Qtrly Net Income (yr ago)) / Qtrly Net Income (yr ago)] x 100
The growth of Quarterly Net Income from the same quarter a year ago.
Quarterly Revenue Growth
Formula: [(Qtrly Total Revenues - Qtrly Total Revenues (yr ago)) / Qtrly Total Revenues (yr ago)] x 100
The growth of Quarterly Total Revenues from the same quarter a year ago.
Return on Assets
Formula: Earnings from Continuing Operations / Average Total Equity
This ratio shows percentage of Returns to Total Assets of the company. This is a useful measure in analyzing how well a company uses its assets to produce earnings.
Return on Equity
Formula: [(Earnings from Continuing Operations) / Total Common Equity] x 100
This is a measure of the return on money provided by the firms' owners. This ratio represents Earnings from Continuing Operations divided by average Total Equity and is expressed as a percentage.
Revenue
The amount of money generated by a company's business activities. Also known as Sales.
Revenue (Sales) Per Share
Formula: Total Revenues / Weighted Average Shares Outstanding
Total Cash
The Total Cash and Short-term Investments on the balance sheet as of the most recent quarter.
Total Cash Per Share
This is the Total Cash plus Short Term Investments divided by the Shares Outstanding at the end of the most recent fiscal quarter.
Total Debt
Formula: Short Term Borrowings + Current Portion of Long Term Debt + Current Portion of Capital Lease + Long Term Debt + Long Term Capital Lease + Finance Division Debt Current + Finance Division Debt Non Current
The Total Debt on the balance sheet as of the most recent quarter.
Total Debt / Total Equity
Formula: [(Long-term Debt + Capital Leases + Finance Division Debt Non-Current + Short-term Borrowings + Current Portion of Long-term Debt + Current Portion of Capital Lease Obligation + Finance Division Debt Current) / (Total Common Equity + Total Preferred Equity)] x 100
This ratio is Total Debt for the most recent fiscal quarter divided by Total Shareholder Equity for the same period.
Trading Information
Average Volume (3 month)
This is the average daily trading volume during the last 3 months.
Average Volume (10 day)
This is the average daily trading volume during the last 10 days.
Beta
The Beta used is Beta of Equity. Beta is the monthly price change of a particular company relative to the monthly price change of the S&P500. The time period for Beta is usually 3-years.
Dividend Date
The payment date for a declared dividend.
Ex-Dividend Date
The first day of trading when the seller, rather than the buyer, of a stock is entitled to the most recently announced dividend payment. The date set by the NYSE (and generally followed on other U.S. exchanges) is currently two business days before the record date. A stock that has gone ex-dividend is denoted by an x in newspaper listings on that date.
Float
This is the number of freely traded shares in the hands of the public. Float is calculated as Shares Outstanding minus Shares Owned by Insiders, 5% Owners, and Rule 144 Shares.
Forward Annual Dividend Rate
The annualized amount of dividends expected to be paid in the current fiscal year.
Trailing Annual Dividend Rate
The sum of all dividends paid out in the trailing 12-month period.
Payout Ratio
The ratio of Earnings paid out in Dividends, expressed as a percentage.
Shares Outstanding
This is the number of shares of common stock currently outstanding—the number of shares issued minus the shares held in treasury. This field reflects all offerings and acquisitions for stock made after the end of the previous fiscal period.
Shares Short
This is the number of shares currently borrowed by investors for sale, but not yet returned to the owner/lender.
Short Ratio
This represents the number of days it would take to cover the Short Interest if trading continued at the average daily volume for the month. It is calculated as the Short Interest for the Current Month divided by the Average Daily Volume.
Short % of Float
Number of shares short divided by float.
5-Year Average Dividend Yield
The average Forward Annual Dividend Yield in the past 5 years.
52-Week High
This price is the highest Price the stock traded at in the last 12 months. This could be an intraday high.
52-Week Low
This price is the lowest Price the stock traded at in the last 12 months. This could be an intraday low.
200-Day Moving Average
A simple moving average that is calculated by dividing the sum of the closing prices in the last 200 trading days by 200.
POTC-
http://psychologyofthecall.blogspot.com
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