Daqo New EBITDA vs. Cash Flow From Operations
| DQ Stock | USD 17.93 1.06 5.58% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 846.2 M | Current Value 888.5 M | Quarterly Volatility 796.3 M |
For Daqo New profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Daqo New to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Daqo New Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Daqo New's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Daqo New Energy over time as well as its relative position and ranking within its peers.
Daqo |
Is Daqo New'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 Daqo New. If investors know Daqo 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 Daqo New 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 (0.93) | Earnings Share 2.43 | Revenue Per Share 28.129 | Quarterly Revenue Growth (0.41) | Return On Assets 0.0284 |
The market value of Daqo New Energy is measured differently than its book value, which is the value of Daqo that is recorded on the company's balance sheet. Investors also form their own opinion of Daqo New's value that differs from its market value or its book value, called intrinsic value, which is Daqo New'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 Daqo New's market value can be influenced by many factors that don't directly affect Daqo New'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 Daqo New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daqo New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daqo New'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.
Daqo New Energy Cash Flow From Operations vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Daqo New's current stock value. Our valuation model uses many indicators to compare Daqo New value to that of its competitors to determine the firm's financial worth. Daqo New Energy is rated # 2 in ebitda category among related companies. It is rated # 2 in cash flow from operations category among related companies making about 1.91 of Cash Flow From Operations per EBITDA. At this time, Daqo New's EBITDA is relatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Daqo New by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Daqo New'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 Daqo New's earnings, one of the primary drivers of an investment's value.Daqo Cash Flow From Operations vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Daqo New |
| = | 846.18 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Daqo New |
| = | 1.62 B |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
Daqo Cash Flow From Operations Comparison
Daqo New is currently under evaluation in cash flow from operations category among related companies.
Daqo New Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Daqo New, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Daqo New will eventually generate negative long term returns. The profitability progress is the general direction of Daqo New's change in net profit over the period of time. It can combine multiple indicators of Daqo New, 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 | -294 M | -279.3 M | |
| Operating Income | 697.3 M | 732.2 M | |
| Income Before Tax | 818.5 M | 859.4 M | |
| Net Income | 429.5 M | 260.9 M | |
| Total Other Income Expense Net | 121.2 M | 127.2 M | |
| Net Income Applicable To Common Shares | 2.1 B | 2.2 B | |
| Income Tax Expense | 165.6 M | 173.9 M | |
| Net Income From Continuing Ops | 652.9 M | 421.5 M | |
| Interest Income | 18.7 M | 16 M | |
| Net Interest Income | 52.3 M | 54.9 M | |
| Change To Netincome | 1.1 B | 1.2 B | |
| Net Income Per Share | 5.75 | 3.44 | |
| Income Quality | 3.76 | 3.95 | |
| Net Income Per E B T | 0.52 | 0.86 |
Daqo Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Daqo New. 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 Daqo New 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 Daqo New's important profitability drivers and their relationship over time.
Use Daqo New 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 Daqo New 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 Daqo New will appreciate offsetting losses from the drop in the long position's value.Daqo New Pair Trading
Daqo New Energy Pair Trading Analysis
The ability to find closely correlated positions to Daqo New could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Daqo New 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 Daqo New - 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 Daqo New Energy to buy it.
The correlation of Daqo New 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 Daqo New moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Daqo New Energy 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 Daqo New 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 Daqo New position
In addition to having Daqo New 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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Check out Investing Opportunities. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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When running Daqo New's price analysis, check to measure Daqo New'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 Daqo New is operating at the current time. Most of Daqo New's value examination focuses on studying past and present price action to predict the probability of Daqo New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daqo New's price. Additionally, you may evaluate how the addition of Daqo New to your portfolios can decrease your overall portfolio volatility.
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To fully project Daqo New's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Daqo New Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Daqo New's income statement, its balance sheet, and the statement of cash flows.