Compass Diversified Financials
| CODI Stock | USD 22.33 0.89 3.83% |
With this module, you can analyze Compass financials for your investing period. You should be able to track the changes in Compass Diversified individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Compass |
Understanding current and past Compass Diversified Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Compass Diversified's financial statements are interrelated, with each one affecting the others. For example, an increase in Compass Diversified's assets may result in an increase in income on the income statement.
The data published in Compass Diversified's official financial statements usually reflect Compass Diversified's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Compass Diversified. For example, before you start analyzing numbers published by Compass accountants, it's critical to develop an understanding of what Compass Diversified's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Compass Diversified's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Compass Diversified's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Compass Diversified's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Compass Diversified Holdings. Please utilize our Beneish M Score to check the likelihood of Compass Diversified's management manipulating its earnings.
Compass Diversified Stock Summary
Compass Diversified competes with Matthews International, Steel Partners, Valmont Industries, Brookfield Business, and Griffon. Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. Compass Diversified was founded in 2005 and is based in Westport, Connecticut with an additional office in Costa Mesa, California. Compass Diversified operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 68 people.Specialization | Industrials, Conglomerates |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US20451Q1040 |
| CUSIP | 20451Q104 |
| Location | Connecticut; U.S.A |
| Business Address | 301 Riverside Avenue, |
| Sector | Financial Services |
| Industry | Financials |
| Benchmark | NYSE Composite |
| Website | compassdiversified.com |
| Phone | 203 221 1703 |
| Currency | USD - US Dollar |
You should never invest in Compass Diversified without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Compass Stock, because this is throwing your money away. Analyzing the key information contained in Compass Diversified's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Compass Diversified Key Financial Ratios
Generally speaking, Compass Diversified's financial ratios allow both analysts and investors to convert raw data from Compass Diversified's financial statements into concise, actionable information that can be used to evaluate the performance of Compass Diversified over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Compass Diversified reports annually and quarterly.| Return On Equity | -0.0269 | ||||
| Return On Asset | 0.0296 | ||||
| Target Price | 29.33 |
Compass Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Compass Diversified's current stock value. Our valuation model uses many indicators to compare Compass Diversified value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Compass Diversified competition to find correlations between indicators driving Compass Diversified's intrinsic value. More Info.Compass Diversified Holdings is number one stock in return on equity category among related companies. It is number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Compass Diversified by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Compass Diversified's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Compass Diversified's earnings, one of the primary drivers of an investment's value.Compass Diversified Systematic Risk
Compass Diversified's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Compass Diversified volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Compass Diversified correlated with the market. If Beta is less than 0 Compass Diversified generally moves in the opposite direction as compared to the market. If Compass Diversified Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Compass Diversified is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Compass Diversified is generally in the same direction as the market. If Beta > 1 Compass Diversified moves generally in the same direction as, but more than the movement of the benchmark.
About Compass Diversified Financials
What exactly are Compass Diversified Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Compass Diversified's income statement, its balance sheet, and the statement of cash flows. Potential Compass Diversified investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Compass Diversified investors may use each financial statement separately, they are all related. The changes in Compass Diversified's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Compass Diversified's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Compass Diversified Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Compass Diversified is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Compass has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Compass Diversified's financials are consistent with your investment objective using the following steps:- Review Compass Diversified's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Compass Diversified's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Compass Diversified's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Compass Diversified's stock is overvalued or undervalued.
Compass Diversified April 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Compass Diversified help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Compass Diversified Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Compass Diversified Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Compass Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Compass Diversified's daily price indicators and compare them against related drivers.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.96 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 2.25 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Diversified Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Compass Diversified information on this page should be used as a complementary analysis to other Compass Diversified's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Compass Stock analysis
When running Compass Diversified's price analysis, check to measure Compass Diversified'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 Compass Diversified is operating at the current time. Most of Compass Diversified's value examination focuses on studying past and present price action to predict the probability of Compass Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Diversified's price. Additionally, you may evaluate how the addition of Compass Diversified to your portfolios can decrease your overall portfolio volatility.
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
Is Compass Diversified's industry 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 Compass Diversified. If investors know Compass 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 Compass Diversified listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Compass Diversified is measured differently than its book value, which is the value of Compass that is recorded on the company's balance sheet. Investors also form their own opinion of Compass Diversified's value that differs from its market value or its book value, called intrinsic value, which is Compass Diversified'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 Compass Diversified's market value can be influenced by many factors that don't directly affect Compass Diversified'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 Compass Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass Diversified'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.