Altius Minerals Stock Fundamentals
| ALS Stock | CAD 26.31 0.15 0.57% |
Altius Minerals fundamentals help investors to digest information that contributes to Altius Minerals' financial success or failures. It also enables traders to predict the movement of Altius Stock. The fundamental analysis module provides a way to measure Altius Minerals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altius Minerals stock.
Altius |
Altius Minerals Company Current Valuation Analysis
Altius Minerals' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Altius Minerals Current Valuation | 1.22 B |
Most of Altius Minerals' fundamental indicators, such as Current Valuation, 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, Altius Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Altius Minerals has a Current Valuation of 1.22 B. This is 89.31% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current valuation for all Canada stocks is 92.67% higher than that of the company.
Altius Minerals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Altius Minerals's current stock value. Our valuation model uses many indicators to compare Altius Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altius Minerals competition to find correlations between indicators driving Altius Minerals's intrinsic value. More Info.Altius Minerals is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about 1.02 of Return On Asset per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value Altius Minerals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Altius Minerals' 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.Altius Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altius Minerals' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altius Minerals could also be used in its relative valuation, which is a method of valuing Altius Minerals by comparing valuation metrics of similar companies.Altius Minerals is currently under evaluation in current valuation category among its peers.
Altius Fundamentals
| Return On Equity | 0.0225 | ||||
| Return On Asset | 0.0229 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 1.22 B | ||||
| Shares Outstanding | 46.48 M | ||||
| Shares Owned By Insiders | 19.00 % | ||||
| Shares Owned By Institutions | 24.70 % | ||||
| Number Of Shares Shorted | 786.75 K | ||||
| Price To Earning | 24.03 X | ||||
| Price To Book | 2.43 X | ||||
| Price To Sales | 20.29 X | ||||
| Revenue | 68.96 M | ||||
| Gross Profit | 96.17 M | ||||
| EBITDA | 40.58 M | ||||
| Net Income | 9.54 M | ||||
| Cash And Equivalents | 82.39 M | ||||
| Cash Per Share | 2.25 X | ||||
| Total Debt | 112.17 M | ||||
| Debt To Equity | 0.22 % | ||||
| Current Ratio | 8.46 X | ||||
| Book Value Per Share | 10.83 X | ||||
| Cash Flow From Operations | 36.51 M | ||||
| Short Ratio | 7.09 X | ||||
| Earnings Per Share | 0.29 X | ||||
| Target Price | 28.93 | ||||
| Number Of Employees | 19 | ||||
| Beta | 0.93 | ||||
| Market Capitalization | 1.22 B | ||||
| Total Asset | 773.54 M | ||||
| Retained Earnings | 13.32 M | ||||
| Working Capital | 131.84 M | ||||
| Current Asset | 26.67 M | ||||
| Current Liabilities | 9.98 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.42 % | ||||
| Net Asset | 773.54 M | ||||
| Last Dividend Paid | 0.34 |
About Altius Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altius Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altius Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altius Minerals 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.Altius Minerals Corporation operates as a diversified mining royalty and streaming company in Canada, the United States, and Brazil. Altius Minerals Corporation was incorporated in 1997 and is headquartered in St. ALTIUS MINERALS operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange.
Pair Trading with Altius Minerals
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 Altius Minerals 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 Altius Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Altius Stock
The ability to find closely correlated positions to Altius Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altius Minerals 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 Altius Minerals - 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 Altius Minerals to buy it.
The correlation of Altius Minerals 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 Altius Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altius Minerals 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 Altius Minerals 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.Other Information on Investing in Altius Stock
Altius Minerals financial ratios help investors to determine whether Altius Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Altius with respect to the benefits of owning Altius Minerals security.