Compass Diversified Holdings Stock Current Valuation
| CODI Stock | USD 21.68 0.35 1.64% |
Valuation analysis of Compass Diversified helps investors to measure Compass Diversified's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of now, Compass Diversified's Enterprise Value Over EBITDA is decreasing as compared to previous years. The Compass Diversified's current Enterprise Value Multiple is estimated to increase to 16.84, while Enterprise Value is projected to decrease to under 2.5 B. Fundamental drivers impacting Compass Diversified's valuation include:
Price Book 1.7293 | Enterprise Value 3.8 B | Enterprise Value Ebitda 14.3122 | Price Sales 0.8591 | Forward PE 17.331 |
Undervalued
Today
Please note that Compass Diversified's price fluctuation is very steady at this time. Calculation of the real value of Compass Diversified is based on 3 months time horizon. Increasing Compass Diversified's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Compass Diversified Holdings is useful when determining the fair value of the Compass stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Compass Diversified. Since Compass Diversified is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Compass Stock. However, Compass Diversified's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 21.68 | Real 24.62 | Target 27.0 | Hype 21.67 | Naive 21.5 |
The real value of Compass Stock, also known as its intrinsic value, is the underlying worth of Compass Diversified Company, which is reflected in its stock price. It is based on Compass Diversified's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Compass Diversified's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Compass Diversified's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Compass Diversified Holdings helps investors to forecast how Compass stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Compass Diversified more accurately as focusing exclusively on Compass Diversified's fundamentals will not take into account other important factors: Compass Diversified Holdings Company Current Valuation Analysis
Compass Diversified's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Compass Diversified Current Valuation | 3.81 B |
Most of Compass Diversified's fundamental indicators, such as Current Valuation, 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, Compass Diversified Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Compass Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Compass Diversified is extremely important. It helps to project a fair market value of Compass Stock properly, considering its historical fundamentals such as Current Valuation. Since Compass Diversified's 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 Compass Diversified's 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 Compass Diversified's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Compass Diversified Holdings has a Current Valuation of 3.81 B. This is 47.73% lower than that of the Financial Services sector and 15.64% higher than that of the Financials industry. The current valuation for all United States stocks is 77.1% higher than that of the company.
Compass Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Compass Diversified's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Compass Diversified could also be used in its relative valuation, which is a method of valuing Compass Diversified by comparing valuation metrics of similar companies.Compass Diversified is currently under evaluation in current valuation category among related companies.
Compass Fundamentals
| Return On Equity | -0.0258 | |||
| Return On Asset | 0.0318 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 3.81 B | |||
| Shares Outstanding | 75.38 M | |||
| Shares Owned By Insiders | 12.36 % | |||
| Shares Owned By Institutions | 57.15 % | |||
| Number Of Shares Shorted | 842.01 K | |||
| Price To Earning | 27.79 X | |||
| Price To Book | 1.73 X | |||
| Price To Sales | 0.86 X | |||
| Revenue | 2.06 B | |||
| Gross Profit | 907.74 M | |||
| EBITDA | 321.24 M | |||
| Net Income | (38.74 M) | |||
| Cash And Equivalents | 102.71 M | |||
| Cash Per Share | 1.43 X | |||
| Total Debt | 1.67 B | |||
| Debt To Equity | 1.05 % | |||
| Current Ratio | 3.37 X | |||
| Book Value Per Share | 12.57 X | |||
| Cash Flow From Operations | 78.08 M | |||
| Short Ratio | 4.19 X | |||
| Earnings Per Share | (2.41) X | |||
| Price To Earnings To Growth | 2.71 X | |||
| Target Price | 29.33 | |||
| Number Of Employees | 4.23 K | |||
| Beta | 1.69 | |||
| Market Capitalization | 1.65 B | |||
| Total Asset | 3.82 B | |||
| Retained Earnings | (249.24 M) | |||
| Working Capital | 1.29 B | |||
| Current Asset | 291.36 M | |||
| Current Liabilities | 116.48 M | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 7.32 % | |||
| Net Asset | 3.82 B | |||
| Last Dividend Paid | 1.0 |
About Compass Diversified Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Compass Diversified Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Compass Diversified using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Compass Diversified Holdings 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.
Compass Diversified Investors Sentiment
The influence of Compass Diversified's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Compass. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Compass Diversified's public news can be used to forecast risks associated with an investment in Compass. The trend in average sentiment can be used to explain how an investor holding Compass can time the market purely based on public headlines and social activities around Compass Diversified Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Compass Diversified's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Compass Diversified's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Compass Diversified's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Compass Diversified.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Compass Diversified in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Compass Diversified's short interest history, or implied volatility extrapolated from Compass Diversified options trading.
Pair Trading with Compass Diversified
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 Compass Diversified 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 Compass Diversified will appreciate offsetting losses from the drop in the long position's value.Moving together with Compass Stock
| 0.69 | AB | AllianceBernstein | PairCorr |
Moving against Compass Stock
| 0.66 | CDAQU | Compass Digital Acqu | PairCorr |
The ability to find closely correlated positions to Compass Diversified could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compass Diversified 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 Compass Diversified - 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 Compass Diversified Holdings to buy it.
The correlation of Compass Diversified 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 Compass Diversified moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compass Diversified 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 Compass Diversified 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 Compass Diversified Piotroski F Score and Compass Diversified Altman Z Score analysis. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.
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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.
Quarterly Earnings Growth (0.13) | Dividend Share 1 | Earnings Share (2.41) | Revenue Per Share 28.804 | Quarterly Revenue Growth (0.03) |
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.