Parts ID Profitability Analysis

ID
 Stock
  

USD 1.50  0.25  14.29%   

For Parts ID profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Parts ID to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Parts ID utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Parts ID's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Parts ID over time as well as its relative position and ranking within its peers. Please see Risk vs Return Analysis.
  
The current year Sales per Share is expected to grow to 14.94, whereas Return on Sales is forecasted to decline to (0.0205) . The current year Preferred Dividends Income Statement Impact is expected to grow to about 19.2 M, whereas Consolidated Income is forecasted to decline to (8.2 M).

Parts ID Revenues

455.62 Million

Is Parts ID'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 Parts ID. If investors know Parts 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 Parts ID 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 YOY
-0.78
Market Capitalization
51.1 M
Quarterly Revenue Growth YOY
-0.2
Return On Assets
-0.2
The market value of Parts ID is measured differently than its book value, which is the value of Parts that is recorded on the company's balance sheet. Investors also form their own opinion of Parts ID's value that differs from its market value or its book value, called intrinsic value, which is Parts ID'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 Parts ID's market value can be influenced by many factors that don't directly affect Parts ID'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 Parts ID's value and its price as these two are different measures arrived at by different means. Investors typically determine Parts ID value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parts ID'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.

Parts ID Beta vs. Shares Owned by Insiders Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Parts ID's current stock value. Our valuation model uses many indicators to compare Parts ID value to that of its competitors to determine the firm's financial worth.
Parts ID is currently regarded as number one stock in shares owned by insiders category among related companies. It is currently regarded as number one stock in beta category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Parts ID by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Parts ID'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 Parts ID's earnings, one of the primary drivers of an investment's value.

Parts Beta vs. Shares Owned by Insiders

Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Parts ID 
Insiders Shares 
 = 
Executives Shares 
Employees 
82.59 %
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
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 will be 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.
Parts ID 
Beta 
 = 
Covariance 
Variance 
-0.23
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.

Parts Beta Comparison

Parts ID is currently under evaluation in beta category among related companies.

Parts ID Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Parts ID, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Parts ID will eventually generate negative long term returns. The profitability progress is the general direction of Parts ID's change in net profit over the period of time. It can combine multiple indicators of Parts ID, 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 ReportedProjected for 2022
Consolidated Income-8 M-8.2 M
Net Income-8 M-8.2 M
Net Income Common Stock-8 M-8.2 M
Operating Income-9.1 M-9.4 M
Preferred Dividends Income Statement Impact17.8 M19.2 M
Income Tax Expense-1.2 M-1.2 M
PARTS iD, Inc., a digital commerce company, primarily sells automotive parts and accessories through its proprietary platforms. The company was founded in 2008 and is based in Cranbury, New Jersey. Parts ID operates under Internet Retail classification in the United States and is traded on NYSEMKT Exchange. It employs 108 people.

Parts Profitability Driver Comparison

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

Parts ID Profitability Trends

Parts ID profitability trend refers to the progression of profit or loss within a business. An upward trend means that Parts ID's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Parts ID's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.

Parts ID Profitability Drivers Correlations

One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Parts ID different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Parts ID in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Parts ID's future profitability.

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

Parts ID Pair Trading

Parts ID Pair Trading Analysis

The ability to find closely correlated positions to Parts ID could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parts ID 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 Parts ID - 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 Parts ID to buy it.
The correlation of Parts ID 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 Parts ID moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parts ID 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 Parts ID 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 Parts ID position

In addition to having Parts ID 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 Construction Thematic Idea Now

Construction
Construction Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction 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 Construction Theme or any other thematic opportunities.
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Please see Risk vs Return Analysis. Note that the Parts ID information on this page should be used as a complementary analysis to other Parts ID'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Parts ID price analysis, check to measure Parts ID'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 Parts ID is operating at the current time. Most of Parts ID's value examination focuses on studying past and present price action to predict the probability of Parts ID's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Parts ID's price. Additionally, you may evaluate how the addition of Parts ID to your portfolios can decrease your overall portfolio volatility.
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To fully project Parts ID's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Parts ID 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 Parts ID's income statement, its balance sheet, and the statement of cash flows.
Potential Parts ID investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Parts ID investors may work on each financial statement separately, they are all related. The changes in Parts ID's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Parts ID'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.