Dorel Financial Statements From 2010 to 2025
| DII-A Stock | CAD 1.80 0.20 12.50% |
Check Dorel Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dorel Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Dorel financial statements analysis is a perfect complement when working with Dorel Industries Valuation or Volatility modules.
Dorel |
Dorel Industries ClA Company Operating Margin Analysis
Dorel Industries' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Dorel Industries Operating Margin | (0.06) % |
Most of Dorel Industries' fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dorel Industries ClA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, Dorel Industries ClA has an Operating Margin of -0.0644%. This is 101.01% lower than that of the Household Durables sector and significantly lower than that of the Consumer Discretionary industry. The operating margin for all Canada stocks is 98.83% lower than that of the firm.
Dorel Industries ClA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dorel Industries's current stock value. Our valuation model uses many indicators to compare Dorel Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dorel Industries competition to find correlations between indicators driving Dorel Industries's intrinsic value. More Info.Dorel Industries ClA is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . 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 Dorel Industries' earnings, one of the primary drivers of an investment's value.About Dorel Industries Financial Statements
Dorel Industries shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Dorel Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Dorel Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Dorel Industries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Dorel Industries Inc. designs, manufactures, sources, markets, and distributes juvenile products, bicycles, and furniture worldwide. Dorel Industries Inc. was founded in 1962 and is headquartered in Westmount, Canada. DOREL INDUSTRIES operates under Furnishings, Fixtures Appliances classification in Canada and is traded on Toronto Stock Exchange. It employs 8900 people.
Pair Trading with Dorel Industries
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 Dorel Industries 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 Dorel Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Dorel Stock
| 0.64 | RUP | Rupert Resources | PairCorr |
| 0.54 | WPM | Wheaton Precious Metals | PairCorr |
| 0.49 | YES | CHAR Technologies | PairCorr |
| 0.49 | CN | Condor Resources | PairCorr |
| 0.48 | HAI | Haivision Systems | PairCorr |
The ability to find closely correlated positions to Dorel Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorel Industries 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 Dorel Industries - 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 Dorel Industries ClA to buy it.
The correlation of Dorel Industries 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 Dorel Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorel Industries ClA 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 Dorel Industries 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.Additional Tools for Dorel Stock Analysis
When running Dorel Industries' price analysis, check to measure Dorel Industries' 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 Dorel Industries is operating at the current time. Most of Dorel Industries' value examination focuses on studying past and present price action to predict the probability of Dorel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorel Industries' price. Additionally, you may evaluate how the addition of Dorel Industries to your portfolios can decrease your overall portfolio volatility.