Chewy Current Asset vs. Book Value Per Share

CHWY
 Stock
  

USD 33.12  1.90  6.09%   

For Chewy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Chewy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Chewy Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Chewy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Chewy Inc over time as well as its relative position and ranking within its peers. Continue to Trending Equities.
  
Is Chewy'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 Chewy. If investors know Chewy 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 Chewy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Chewy Inc is measured differently than its book value, which is the value of Chewy that is recorded on the company's balance sheet. Investors also form their own opinion of Chewy's value that differs from its market value or its book value, called intrinsic value, which is Chewy'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 Chewy's market value can be influenced by many factors that don't directly affect Chewy'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 Chewy's value and its price as these two are different measures arrived at by different means. Investors typically determine Chewy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chewy'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.

Chewy Inc Book Value Per Share vs. Current Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Chewy's current stock value. Our valuation model uses many indicators to compare Chewy value to that of its competitors to determine the firm's financial worth.
Chewy Inc is rated second in current asset category among related companies. It is rated second in book value per share category among related companies . The ratio of Current Asset to Book Value Per Share for Chewy Inc is about  3,017,173,519 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Chewy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Chewy'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 Chewy's earnings, one of the primary drivers of an investment's value.

Chewy Book Value Per Share vs. Current Asset

Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Chewy 
Current Asset 
 = 
Cash 
Deposits 
Liquid Assets 
482.75 M
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Chewy 
Book Value per Share 
 = 
Common Equity 
Average Shares 
0.16 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Chewy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Chewy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Chewy will eventually generate negative long term returns. The profitability progress is the general direction of Chewy's change in net profit over the period of time. It can combine multiple indicators of Chewy, 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.
Chewy, Inc., together with its subsidiaries, engages in the pure play e-commerce business in the United States. The company was founded in 2010 and is headquartered in Dania Beach, Florida. Chewy operates under Internet Retail classification in the United States and is traded on New York Stock Exchange. It employs 21300 people.

Chewy Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Chewy. 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 Chewy 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 Chewy's important profitability drivers and their relationship over time.

Use Chewy 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 Chewy 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 Chewy will appreciate offsetting losses from the drop in the long position's value.

Chewy Pair Trading

Chewy Inc Pair Trading Analysis

The ability to find closely correlated positions to Chewy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chewy 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 Chewy - 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 Chewy Inc to buy it.
The correlation of Chewy is a statistical measure of how it moves in relation to other equities. 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 Chewy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chewy 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 Chewy 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Chewy position

In addition to having Chewy 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.

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Run Convertibles Thematic Idea Now

Convertibles
Convertibles Theme
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles theme has 40 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 Convertibles Theme or any other thematic opportunities.
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Continue to Trending Equities. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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To fully project Chewy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Chewy 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 Chewy's income statement, its balance sheet, and the statement of cash flows.
Potential Chewy investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Chewy investors may work on each financial statement separately, they are all related. The changes in Chewy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Chewy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.