ChampionX Revenue vs. Gross Profit
| CHX Stock | USD 28.22 0.02 0.07% |
Total Revenue | First Reported 2017-03-31 | Previous Quarter 893.3 M | Current Value 906.5 M | Quarterly Volatility 307.4 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.32 | 0.3032 |
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For ChampionX profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ChampionX to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ChampionX utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ChampionX's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ChampionX over time as well as its relative position and ranking within its peers.
ChampionX |
ChampionX's Revenue Breakdown by Earning Segment
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Is Oil & Gas Equipment & Services 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 ChampionX. If investors know ChampionX 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 ChampionX 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 (0.05) | Dividend Share 0.37 | Earnings Share 1.62 | Revenue Per Share 19.169 | Quarterly Revenue Growth (0.04) |
The market value of ChampionX is measured differently than its book value, which is the value of ChampionX that is recorded on the company's balance sheet. Investors also form their own opinion of ChampionX's value that differs from its market value or its book value, called intrinsic value, which is ChampionX'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 ChampionX's market value can be influenced by many factors that don't directly affect ChampionX'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 ChampionX's value and its price as these two are different measures arrived at by different means. Investors typically determine if ChampionX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ChampionX'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.
ChampionX Gross Profit vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ChampionX's current stock value. Our valuation model uses many indicators to compare ChampionX value to that of its competitors to determine the firm's financial worth. ChampionX is the top company in revenue category among its peers. It also is number one stock in gross profit category among its peers fabricating about 0.25 of Gross Profit per Revenue. The ratio of Revenue to Gross Profit for ChampionX is roughly 3.97 . At this time, ChampionX's Total Revenue is fairly stable compared to the past year. 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 ChampionX's earnings, one of the primary drivers of an investment's value.ChampionX's Earnings Breakdown by Geography
ChampionX Revenue vs. Competition
ChampionX is the top company in revenue category among its peers. Market size based on revenue of Energy industry is currently estimated at about 10.86 Billion. ChampionX totals roughly 3.76 Billion in revenue claiming about 35% of equities under Energy industry.
ChampionX Gross Profit 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.
ChampionX |
| = | 3.76 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
ChampionX |
| = | 945.88 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
ChampionX Gross Profit Comparison
ChampionX is currently under evaluation in gross profit category among its peers.
ChampionX Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ChampionX, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ChampionX will eventually generate negative long term returns. The profitability progress is the general direction of ChampionX's change in net profit over the period of time. It can combine multiple indicators of ChampionX, 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 | -36.5 M | -34.7 M | |
| Operating Income | 506.6 M | 531.9 M | |
| Income Before Tax | 423.8 M | 445 M | |
| Total Other Income Expense Net | -82.8 M | -86.9 M | |
| Net Income Applicable To Common Shares | 139.5 M | 146.4 M | |
| Net Income | 318.7 M | 334.7 M | |
| Income Tax Expense | 105.1 M | 110.4 M | |
| Net Interest Income | -52.4 M | -55 M | |
| Interest Income | 45.2 M | 47.5 M | |
| Net Income From Continuing Ops | 306.8 M | 322.2 M | |
| Non Operating Income Net Other | -5.6 M | -5.4 M | |
| Change To Netincome | 67.9 M | 102.2 M | |
| Net Income Per Share | 1.60 | 1.68 | |
| Income Quality | 1.70 | 1.78 | |
| Net Income Per E B T | 0.74 | 0.91 |
ChampionX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ChampionX. 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 ChampionX 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 ChampionX's important profitability drivers and their relationship over time.
Use ChampionX 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 ChampionX 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 ChampionX will appreciate offsetting losses from the drop in the long position's value.ChampionX Pair Trading
ChampionX Pair Trading Analysis
The ability to find closely correlated positions to ChampionX could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ChampionX 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 ChampionX - 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 ChampionX to buy it.
The correlation of ChampionX 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 ChampionX moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ChampionX 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 ChampionX 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 ChampionX position
In addition to having ChampionX 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?
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Additional Tools for ChampionX Stock Analysis
When running ChampionX's price analysis, check to measure ChampionX'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 ChampionX is operating at the current time. Most of ChampionX's value examination focuses on studying past and present price action to predict the probability of ChampionX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ChampionX's price. Additionally, you may evaluate how the addition of ChampionX to your portfolios can decrease your overall portfolio volatility.