Funko Net Asset vs. Beta
| FNKO Stock | USD 6.20 0.01 0.16% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.39 | 0.2493 |
|
|
For Funko profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Funko to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Funko Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Funko's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Funko Inc over time as well as its relative position and ranking within its peers.
Funko |
Is Funko'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 Funko. If investors know Funko 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 Funko 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 (0.32) | Earnings Share (3.19) | Revenue Per Share 22.678 | Quarterly Revenue Growth (0.13) | Return On Assets (0.06) |
The market value of Funko Inc is measured differently than its book value, which is the value of Funko that is recorded on the company's balance sheet. Investors also form their own opinion of Funko's value that differs from its market value or its book value, called intrinsic value, which is Funko'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 Funko's market value can be influenced by many factors that don't directly affect Funko'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 Funko's value and its price as these two are different measures arrived at by different means. Investors typically determine if Funko is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Funko'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.
Funko Inc Beta vs. Net Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Funko's current stock value. Our valuation model uses many indicators to compare Funko value to that of its competitors to determine the firm's financial worth. Funko Inc is one of the top stocks in net asset category among related companies. It is one of the top stocks in beta category among related companies . The ratio of Net Asset to Beta for Funko Inc is about 754,119,025 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Funko by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Funko'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 Funko's earnings, one of the primary drivers of an investment's value.Funko Beta vs. Net Asset
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Funko |
| = | 804.64 M |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Funko |
| = | 1.07 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Funko Beta Comparison
Funko is currently under evaluation in beta category among related companies.
Beta Analysis
Funko returns are very sensitive to returns on the market. As the market goes up or down, Funko is expected to follow.
Funko Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Funko, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Funko will eventually generate negative long term returns. The profitability progress is the general direction of Funko's change in net profit over the period of time. It can combine multiple indicators of Funko, 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 | -180 K | -189 K | |
| Interest Income | 16.5 M | 19.6 M | |
| Operating Income | -83.1 M | -78.9 M | |
| Net Loss | -164.4 M | -156.2 M | |
| Income Before Tax | -31.9 M | -30.3 M | |
| Total Other Income Expense Net | 51.2 M | 53.7 M | |
| Net Loss | -7.2 M | -6.9 M | |
| Net Loss | -154.1 M | -146.4 M | |
| Income Tax Expense | 132.5 M | 139.1 M | |
| Net Interest Income | -28 M | -29.4 M | |
| Non Operating Income Net Other | -905 K | -950.3 K | |
| Change To Netincome | 4 M | 3.8 M | |
| Net Loss | (3.19) | (3.03) | |
| Income Quality | (0.19) | (0.18) | |
| Net Income Per E B T | 4.82 | 5.07 |
Funko Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Funko. 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 Funko 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 Funko's important profitability drivers and their relationship over time.
Use Funko 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 Funko 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 Funko will appreciate offsetting losses from the drop in the long position's value.Funko Pair Trading
Funko Inc Pair Trading Analysis
The ability to find closely correlated positions to Funko could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Funko 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 Funko - 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 Funko Inc to buy it.
The correlation of Funko 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 Funko moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Funko Inc 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 Funko 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 Funko position
In addition to having Funko 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?
Run Consumer Goods Thematic Idea Now
Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumer Goods Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Investing Opportunities. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Funko Stock analysis
When running Funko's price analysis, check to measure Funko'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 Funko is operating at the current time. Most of Funko's value examination focuses on studying past and present price action to predict the probability of Funko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Funko's price. Additionally, you may evaluate how the addition of Funko to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| 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 | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| 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 | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Stocks Directory Find actively traded stocks across global markets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
To fully project Funko's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Funko Inc 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 Funko's income statement, its balance sheet, and the statement of cash flows.