POET Common Stock vs Good Will Analysis

POET Stock  USD 1.97  0.16  7.51%   
POET Technologies financial indicator trend analysis is much more than just breaking down POET Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether POET Technologies is a good investment. Please check the relationship between POET Technologies Common Stock and its Good Will accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in POET Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.

Common Stock vs Good Will

Common Stock vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of POET Technologies Common Stock account and Good Will. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between POET Technologies' Common Stock and Good Will is -0.66. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Good Will in the same time period over historical financial statements of POET Technologies, assuming nothing else is changed. The correlation between historical values of POET Technologies' Common Stock and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of POET Technologies are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Common Stock i.e., POET Technologies' Common Stock and Good Will go up and down completely randomly.

Correlation Coefficient

-0.66
Relationship DirectionNegative 
Relationship StrengthWeak

Common Stock

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from POET Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into POET Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in POET Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.At this time, POET Technologies' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 63.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.9 M in 2024.
 2021 2023 2024 (projected)
Total Operating Expenses17.2M19.3M11.7M
Cost Of Revenue2.0M2.3M1.9M

POET Technologies fundamental ratios Correlations

0.390.280.950.77-0.5-0.420.30.540.78-0.350.550.260.50.510.510.330.430.760.360.130.350.120.83-0.270.59
0.390.10.350.5-0.29-0.520.30.230.440.080.29-0.210.510.450.260.310.240.160.31-0.28-0.05-0.30.4-0.540.59
0.280.10.120.350.26-0.620.8-0.080.160.0-0.070.480.590.040.060.730.950.28-0.060.070.160.030.17-0.530.62
0.950.350.120.71-0.59-0.220.160.620.74-0.480.630.220.290.380.530.20.260.80.420.20.480.210.79-0.10.47
0.770.50.350.71-0.17-0.460.520.180.97-0.050.160.00.510.740.720.440.580.26-0.030.090.160.080.95-0.320.61
-0.5-0.290.26-0.59-0.170.110.13-0.97-0.20.3-0.950.36-0.12-0.070.020.010.22-0.61-0.560.03-0.350.03-0.28-0.03-0.28
-0.42-0.52-0.62-0.22-0.460.11-0.62-0.19-0.28-0.3-0.22-0.08-0.99-0.39-0.08-0.74-0.66-0.25-0.210.40.190.44-0.320.89-0.93
0.30.30.80.160.520.13-0.62-0.060.340.19-0.050.180.60.180.30.840.810.13-0.06-0.140.14-0.160.32-0.530.65
0.540.23-0.080.620.18-0.97-0.19-0.060.18-0.360.97-0.240.190.03-0.070.08-0.060.710.570.030.410.020.27-0.020.36
0.780.440.160.740.97-0.2-0.280.340.18-0.150.16-0.060.350.750.80.240.40.23-0.010.170.190.170.98-0.170.43
-0.350.080.0-0.48-0.050.3-0.30.19-0.36-0.15-0.4-0.160.270.15-0.270.040.01-0.53-0.4-0.73-0.81-0.72-0.14-0.320.09
0.550.29-0.070.630.16-0.95-0.22-0.050.970.16-0.4-0.230.230.0-0.060.13-0.060.740.74-0.060.38-0.080.24-0.110.4
0.26-0.210.480.220.00.36-0.080.18-0.24-0.06-0.16-0.230.11-0.21-0.020.170.390.47-0.10.210.170.22-0.02-0.070.12
0.50.510.590.290.51-0.12-0.990.60.190.350.270.230.110.440.160.710.640.280.22-0.38-0.19-0.430.4-0.880.93
0.510.450.040.380.74-0.07-0.390.180.030.750.150.0-0.210.440.410.270.32-0.06-0.150.0-0.26-0.020.73-0.180.39
0.510.260.060.530.720.02-0.080.3-0.070.8-0.27-0.06-0.020.160.410.10.210.06-0.030.260.280.270.76-0.110.21
0.330.310.730.20.440.01-0.740.840.080.240.040.130.170.710.270.10.780.270.21-0.170.11-0.210.23-0.580.78
0.430.240.950.260.580.22-0.660.81-0.060.40.01-0.060.390.640.320.210.780.26-0.090.10.120.060.41-0.510.7
0.760.160.280.80.26-0.61-0.250.130.710.23-0.530.740.470.28-0.060.060.270.260.590.140.510.140.33-0.140.46
0.360.31-0.060.42-0.03-0.56-0.21-0.060.57-0.01-0.40.74-0.10.22-0.15-0.030.21-0.090.59-0.320.17-0.330.02-0.310.31
0.13-0.280.070.20.090.030.4-0.140.030.17-0.73-0.060.21-0.380.00.26-0.170.10.14-0.320.71.00.140.55-0.26
0.35-0.050.160.480.16-0.350.190.140.410.19-0.810.380.17-0.19-0.260.280.110.120.510.170.70.710.160.240.04
0.12-0.30.030.210.080.030.44-0.160.020.17-0.72-0.080.22-0.43-0.020.27-0.210.060.14-0.331.00.710.140.58-0.3
0.830.40.170.790.95-0.28-0.320.320.270.98-0.140.24-0.020.40.730.760.230.410.330.020.140.160.14-0.20.48
-0.27-0.54-0.53-0.1-0.32-0.030.89-0.53-0.02-0.17-0.32-0.11-0.07-0.88-0.18-0.11-0.58-0.51-0.14-0.310.550.240.58-0.2-0.81
0.590.590.620.470.61-0.28-0.930.650.360.430.090.40.120.930.390.210.780.70.460.31-0.260.04-0.30.48-0.81
Click cells to compare fundamentals

POET Technologies Account Relationship Matchups

POET Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.1M11.6M27.2M15.4M8.7M17.0M
Other Current Liab218.1K127.1K803.7K638.9K956.1K532.0K
Total Current Liabilities4.9M5.4M1.9M3.8M2.5M1.9M
Total Stockholder Equity19.0M5.8M25.0M11.4M4.9M4.7M
Property Plant And Equipment Net3.4M3.7M3.4M5.3M5.1M3.3M
Net Debt1.9M(2.8M)(14.6M)(8.9M)(2.5M)(2.6M)
Retained Earnings(139.1M)(157.3M)(173.0M)(194.0M)(213.2M)(202.5M)
Accounts Payable1.5M1.6M987.5K2.7M1.4M973.8K
Cash1.4M6.9M14.9M9.2M3.0M2.9M
Non Current Assets Total3.8M4.1M5.4M5.8M5.6M5.4M
Cash And Short Term Investments1.4M6.9M21.3M9.2M3.0M2.9M
Net Receivables18.1M122.4K141.6K191.2K57.2K54.3K
Common Stock Shares Outstanding28.8M29.2M34.5M36.7M40.1M42.1M
Liabilities And Stockholders Equity24.1M11.6M27.2M15.4M8.7M17.0M
Non Current Liabilities Total133.3K429.4K258.3K128.3K1.3M1.4M
Other Current Assets313.2K59.5K479.9K275.5K149.9K142.4K
Other Stockholder Equity48.0M50.5M52.3M56.9M55.2M40.7M
Total Liab5.0M5.8M2.2M3.9M3.8M2.4M
Total Current Assets20.3M7.5M21.8M9.6M3.2M3.0M
Accumulated Other Comprehensive Income(1.9M)(2.0M)(2.1M)(2.7M)(1.9M)(1.8M)
Intangible Assets452.4K438.7K528.5K510.7K502.1K512.9K
Common Stock112.1M114.6M147.7M151.2M164.9M104.5M
Net Tangible Assets12.1M18.6M5.4M24.4M28.1M16.4M
Property Plant Equipment9.3M3.4M3.7M3.4M3.1M4.5M
Net Invested Capital22.1M9.4M25.0M11.5M5.0M4.7M
Capital Stock112.1M114.6M147.7M151.2M165.7M147.3M
Net Working Capital15.4M2.1M19.9M5.8M633.1K601.5K
When determining whether POET Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if POET Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Poet Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Poet Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in POET Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy POET Stock please use our How to Invest in POET Technologies guide.
Note that the POET Technologies information on this page should be used as a complementary analysis to other POET Technologies' 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running POET Technologies' price analysis, check to measure POET Technologies' 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 POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.
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Is POET Technologies' 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 POET Technologies. If investors know POET 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 POET Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.49)
Revenue Per Share
0.007
Quarterly Revenue Growth
(0.95)
Return On Assets
(0.98)
Return On Equity
(2.17)
The market value of POET Technologies is measured differently than its book value, which is the value of POET that is recorded on the company's balance sheet. Investors also form their own opinion of POET Technologies' value that differs from its market value or its book value, called intrinsic value, which is POET Technologies' 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 POET Technologies' market value can be influenced by many factors that don't directly affect POET Technologies' 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 POET Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if POET Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, POET Technologies' 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.