Sphere Entertainment Co Stock Fundamentals
| SPHR Stock | 35.12 2.22 5.95% |
Sphere Entertainment Co fundamentals help investors to digest information that contributes to Sphere Entertainment's financial success or failures. It also enables traders to predict the movement of Sphere Stock. The fundamental analysis module provides a way to measure Sphere Entertainment's 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 Sphere Entertainment stock.
At this time, Sphere Entertainment's Income Before Tax is relatively stable compared to the past year. As of 05/23/2024, Total Other Income Expense Net is likely to grow to about 622 M, though Operating Income is likely to grow to (233.5 M). Sphere | Select Account or Indicator |
Sphere Entertainment Co Company Return On Equity Analysis
Sphere Entertainment's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Sphere Entertainment Return On Equity | 0.0893 |
Most of Sphere Entertainment's fundamental indicators, such as Return On Equity, 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, Sphere Entertainment Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Sphere Total Stockholder Equity
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Based on the latest financial disclosure, Sphere Entertainment Co has a Return On Equity of 0.0893. This is 97.52% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The return on equity for all United States stocks is 128.81% lower than that of the firm.
Sphere Entertainment Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sphere Entertainment's current stock value. Our valuation model uses many indicators to compare Sphere Entertainment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sphere Entertainment competition to find correlations between indicators driving Sphere Entertainment's intrinsic value. More Info.Sphere Entertainment Co is currently regarded as top stock in return on equity category among related companies. It is rated fourth in return on asset category among related companies . At this time, Sphere Entertainment's Return On Equity is relatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Sphere Entertainment by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sphere Entertainment'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 Sphere Entertainment's earnings, one of the primary drivers of an investment's value.Sphere Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sphere Entertainment's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sphere Entertainment could also be used in its relative valuation, which is a method of valuing Sphere Entertainment by comparing valuation metrics of similar companies.Sphere Entertainment is currently under evaluation in return on equity category among related companies.
Sphere Fundamentals
| Return On Equity | 0.0893 | |||
| Return On Asset | -0.0251 | |||
| Profit Margin | 0.43 % | |||
| Operating Margin | (0.11) % | |||
| Current Valuation | 2.18 B | |||
| Shares Outstanding | 28.46 M | |||
| Shares Owned By Insiders | 5.82 % | |||
| Shares Owned By Institutions | 94.18 % | |||
| Number Of Shares Shorted | 6.83 M | |||
| Price To Book | 0.60 X | |||
| Price To Sales | 2.03 X | |||
| Revenue | 573.83 M | |||
| Gross Profit | 233.3 M | |||
| EBITDA | 398.64 M | |||
| Net Income | 505.68 M | |||
| Total Debt | 1.32 B | |||
| Book Value Per Share | 69.17 X | |||
| Cash Flow From Operations | 153.59 M | |||
| Short Ratio | 10.00 X | |||
| Earnings Per Share | 5.99 X | |||
| Target Price | 42.75 | |||
| Number Of Employees | 690 | |||
| Beta | 1.46 | |||
| Market Capitalization | 1.24 B | |||
| Total Asset | 4.97 B | |||
| Retained Earnings | 212.04 M | |||
| Working Capital | (68.23 M) | |||
| Net Asset | 4.97 B |
About Sphere Entertainment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sphere Entertainment Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sphere Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sphere Entertainment Co 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 24.6 M | 23.4 M | |
| Total Revenue | 516.4 M | 687.6 M | |
| Cost Of Revenue | 308 M | 404.4 M | |
| Stock Based Compensation To Revenue | 0.1 | 0.06 | |
| Sales General And Administrative To Revenue | 0.68 | 0.38 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (2.12) | (2.02) | |
| Revenue Per Share | 19.04 | 35.84 | |
| Ebit Per Revenue | (0.55) | (0.52) |
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Try AI Portfolio ArchitectCheck out Sphere Entertainment Piotroski F Score and Sphere Entertainment Altman Z Score analysis. Note that the Sphere Entertainment information on this page should be used as a complementary analysis to other Sphere Entertainment'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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Sphere Stock analysis
When running Sphere Entertainment's price analysis, check to measure Sphere Entertainment'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 Sphere Entertainment is operating at the current time. Most of Sphere Entertainment's value examination focuses on studying past and present price action to predict the probability of Sphere Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere Entertainment's price. Additionally, you may evaluate how the addition of Sphere Entertainment to your portfolios can decrease your overall portfolio volatility.
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Is Sphere Entertainment'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 Sphere Entertainment. If investors know Sphere 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 Sphere Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 5.99 | Revenue Per Share 25.14 | Quarterly Revenue Growth 0.983 | Return On Assets (0.03) | Return On Equity 0.0893 |
The market value of Sphere Entertainment is measured differently than its book value, which is the value of Sphere that is recorded on the company's balance sheet. Investors also form their own opinion of Sphere Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Sphere Entertainment'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 Sphere Entertainment's market value can be influenced by many factors that don't directly affect Sphere Entertainment'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 Sphere Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sphere Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sphere Entertainment'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.