Allied Gold Stock Net Income
| AAUC Stock | 33.44 0.48 1.42% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Allied Gold's long-term financial health and intrinsic value.
| Last Reported | Projected for Next Year | ||
| Net Loss | -172.4 M | -163.8 M | |
| Net Loss | -115.6 M | -121.4 M | |
| Net Loss | -119.6 M | -125.5 M | |
| Net Loss | (1.29) | (1.35) | |
| Net Income Per E B T | 21.55 | 22.63 |
Allied |
Allied Gold Company Net Income Analysis
Allied Gold's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Allied Gold Net Income | (119.55 M) |
Most of Allied Gold's fundamental indicators, such as Net Income, 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, Allied Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Allied Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Allied Gold is extremely important. It helps to project a fair market value of Allied Stock properly, considering its historical fundamentals such as Net Income. Since Allied Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Allied Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Allied Gold's interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Allied Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Allied Gold reported net income of (119.55 Million). This is much higher than that of the Basic Materials sector and 13.76% lower than that of the Gold industry. The net income for all Canada stocks is 120.94% higher than that of the company.
Allied Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Allied Gold's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Allied Gold could also be used in its relative valuation, which is a method of valuing Allied Gold by comparing valuation metrics of similar companies.Allied Gold is currently under evaluation in net income category among its peers.
Allied Fundamentals
| Return On Equity | 0.0257 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 3.98 B | ||||
| Shares Outstanding | 124 M | ||||
| Shares Owned By Insiders | 19.19 % | ||||
| Shares Owned By Institutions | 52.47 % | ||||
| Number Of Shares Shorted | 2.17 M | ||||
| Price To Book | 9.14 X | ||||
| Price To Sales | 3.86 X | ||||
| Revenue | 730.38 M | ||||
| Gross Profit | 426.88 M | ||||
| EBITDA | 40.01 M | ||||
| Net Income | (119.55 M) | ||||
| Total Debt | 127.58 M | ||||
| Book Value Per Share | 3.88 X | ||||
| Cash Flow From Operations | 109.55 M | ||||
| Short Ratio | 2.24 X | ||||
| Earnings Per Share | (0.38) X | ||||
| Target Price | 40.8 | ||||
| Number Of Employees | 2.25 K | ||||
| Beta | 0.97 | ||||
| Market Capitalization | 4.15 B | ||||
| Total Asset | 1.32 B | ||||
| Retained Earnings | (249.85 M) | ||||
| Working Capital | 42.66 M | ||||
| Net Asset | 1.32 B |
About Allied Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Allied Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allied Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allied Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Allied Gold
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 Allied Gold 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 Allied Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Allied Stock
| 0.82 | ABX | Barrick Gold Corp | PairCorr |
| 0.78 | WPM | Wheaton Precious Metals | PairCorr |
| 0.85 | K | Kinross Gold Corp | PairCorr |
Moving against Allied Stock
The ability to find closely correlated positions to Allied Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allied Gold 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 Allied Gold - 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 Allied Gold to buy it.
The correlation of Allied Gold 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 Allied Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allied Gold 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 Allied Gold 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allied Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Allied Stock, please use our How to Invest in Allied Gold guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.