Sonos Inc Stock Price To Earning
| SONO Stock | USD 13.75 0.33 2.34% |
Sonos Inc fundamentals help investors to digest information that contributes to Sonos' financial success or failures. It also enables traders to predict the movement of Sonos Stock. The fundamental analysis module provides a way to measure Sonos' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sonos stock.
Sonos | Price To Earning |
Sonos Inc Company Price To Earning Analysis
Sonos' 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 Sonos Price To Earning | 48.75 X |
Most of Sonos' 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, Sonos Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Sonos Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Sonos is extremely important. It helps to project a fair market value of Sonos Stock properly, considering its historical fundamentals such as Price To Earning. Since Sonos' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sonos' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sonos' interrelated accounts and indicators.
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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.
| Competition |
Sonos Retained Earnings
Based on the latest financial disclosure, Sonos Inc has a Price To Earning of 48.75 times. This is 76.12% higher than that of the Household Durables sector and 253.01% higher than that of the Consumer Discretionary industry. The price to earning for all United States stocks is 69.74% lower than that of the firm.
Sonos Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sonos' 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 Sonos could also be used in its relative valuation, which is a method of valuing Sonos by comparing valuation metrics of similar companies.Sonos is rated fifth in price to earning category among its peers.
Sonos ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Sonos' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Sonos' managers, analysts, and investors.Environmental | Governance | Social |
Sonos Fundamentals
| Return On Equity | -0.0805 | ||||
| Return On Asset | -0.0313 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | (0.27) % | ||||
| Current Valuation | 1.49 B | ||||
| Shares Outstanding | 121.01 M | ||||
| Shares Owned By Insiders | 2.00 % | ||||
| Shares Owned By Institutions | 88.82 % | ||||
| Number Of Shares Shorted | 9.63 M | ||||
| Price To Earning | 48.75 X | ||||
| Price To Book | 3.67 X | ||||
| Price To Sales | 1.10 X | ||||
| Revenue | 1.52 B | ||||
| Gross Profit | 796.37 M | ||||
| EBITDA | (48.05 M) | ||||
| Net Income | (38.15 M) | ||||
| Cash And Equivalents | 439.73 M | ||||
| Cash Per Share | 3.46 X | ||||
| Total Debt | 54.96 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 1.83 X | ||||
| Book Value Per Share | 3.53 X | ||||
| Cash Flow From Operations | 189.91 M | ||||
| Short Ratio | 6.71 X | ||||
| Earnings Per Share | (0.12) X | ||||
| Price To Earnings To Growth | (3.53) X | ||||
| Target Price | 15.2 | ||||
| Beta | 2.04 | ||||
| Market Capitalization | 1.66 B | ||||
| Total Asset | 1 B | ||||
| Retained Earnings | (12.79 M) | ||||
| Working Capital | 305.41 M | ||||
| Current Asset | 241.18 M | ||||
| Current Liabilities | 50.71 M | ||||
| Net Asset | 1 B |
About Sonos Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sonos Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sonos using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sonos Inc 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 Sonos
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 Sonos 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 Sonos will appreciate offsetting losses from the drop in the long position's value.Moving together with Sonos Stock
Moving against Sonos Stock
| 0.74 | DOOO | BRP Inc | PairCorr |
| 0.72 | FEBO | Fenbo Holdings | PairCorr |
| 0.68 | CRI | Carters | PairCorr |
| 0.58 | DHI | DR Horton | PairCorr |
| 0.55 | VMAR | Vision Marine Techno Fiscal Year End 25th of November 2024 | PairCorr |
The ability to find closely correlated positions to Sonos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonos 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 Sonos - 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 Sonos Inc to buy it.
The correlation of Sonos 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 Sonos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonos Inc 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 Sonos 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 Sonos Piotroski F Score and Sonos Altman Z Score analysis. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Consumer Electronics 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 Sonos. If investors know Sonos 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 Sonos 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 0.123 | Earnings Share (0.12) | Revenue Per Share 12.32 | Quarterly Revenue Growth (0.16) | Return On Assets (0.03) |
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' 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 Sonos' market value can be influenced by many factors that don't directly affect Sonos' 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 Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' 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.