Faro Technologies Stock Price To Earning
| FARODelisted Stock | USD 43.99 0.19 0.43% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess FARO Technologies' long-term financial health and intrinsic value.
FARO |
FARO Technologies Company Price To Earning Analysis
FARO Technologies' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current FARO Technologies Price To Earning | 46.93 X |
Most of FARO Technologies' fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, FARO Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CompetitionBased on the latest financial disclosure, FARO Technologies has a Price To Earning of 46.93 times. This is 69.54% higher than that of the Electronic Equipment, Instruments & Components sector and 29.21% higher than that of the Information Technology industry. The price to earning for all United States stocks is 63.41% lower than that of the firm.
FARO Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FARO Technologies' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of FARO Technologies could also be used in its relative valuation, which is a method of valuing FARO Technologies by comparing valuation metrics of similar companies.FARO Technologies is currently under evaluation in price to earning category among its peers.
FARO Fundamentals
| Return On Equity | -0.0034 | ||||
| Return On Asset | 0.02 | ||||
| Profit Margin | (0) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 839.18 M | ||||
| Shares Outstanding | 19.32 M | ||||
| Shares Owned By Insiders | 2.99 % | ||||
| Shares Owned By Institutions | 97.00 % | ||||
| Number Of Shares Shorted | 1.36 M | ||||
| Price To Earning | 46.93 X | ||||
| Price To Book | 3.27 X | ||||
| Price To Sales | 2.49 X | ||||
| Revenue | 342.43 M | ||||
| Gross Profit | 191.08 M | ||||
| EBITDA | 18.35 M | ||||
| Net Income | (9.07 M) | ||||
| Cash And Equivalents | 101.97 M | ||||
| Cash Per Share | 5.58 X | ||||
| Total Debt | 88.8 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 2.57 X | ||||
| Book Value Per Share | 13.53 X | ||||
| Cash Flow From Operations | 30.63 M | ||||
| Short Ratio | 1.82 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Price To Earnings To Growth | (19.38) X | ||||
| Target Price | 44.0 | ||||
| Number Of Employees | 1.18 K | ||||
| Beta | 1.63 | ||||
| Market Capitalization | 849.75 M | ||||
| Total Asset | 483 M | ||||
| Retained Earnings | (18.86 M) | ||||
| Working Capital | 135.31 M | ||||
| Current Asset | 292.16 M | ||||
| Current Liabilities | 63.03 M | ||||
| Net Asset | 483 M |
About FARO Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FARO Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FARO Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FARO Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with FARO Technologies
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 FARO Technologies 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 FARO Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with FARO Stock
Moving against FARO Stock
| 0.89 | SVRE | SaverOne 2014 | PairCorr |
| 0.76 | FCUV | Focus Universal | PairCorr |
| 0.7 | SOTK | Sono Tek Corp | PairCorr |
| 0.54 | ODYS | Odysightai Common Stock | PairCorr |
| 0.5 | ASTC | Astrotech Corp | PairCorr |
The ability to find closely correlated positions to FARO Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FARO Technologies 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 FARO Technologies - 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 FARO Technologies to buy it.
The correlation of FARO Technologies 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 FARO Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FARO Technologies 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 FARO Technologies 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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Other Consideration for investing in FARO Stock
If you are still planning to invest in FARO Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the FARO Technologies' history and understand the potential risks before investing.
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