Ascot Resources Stock Fundamentals
| AOT Stock | CAD 0.22 0.01 4.35% |
Ascot Resources fundamentals help investors to digest information that contributes to Ascot Resources' financial success or failures. It also enables traders to predict the movement of Ascot Stock. The fundamental analysis module provides a way to measure Ascot Resources' 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 Ascot Resources stock.
At this time, Ascot Resources' Cost Of Revenue is very stable compared to the past year. As of the 30th of November 2024, Tax Provision is likely to grow to about 1.2 M, while Depreciation And Amortization is likely to drop about 1.4 M. Ascot | Select Account or Indicator |
Ascot Resources Company Current Valuation Analysis
Ascot Resources' 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 Ascot Resources Current Valuation | 254.71 M |
Most of Ascot Resources' 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, Ascot Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ascot Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Ascot Resources is extremely important. It helps to project a fair market value of Ascot Stock properly, considering its historical fundamentals such as Current Valuation. Since Ascot Resources' 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 Ascot Resources' 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 Ascot Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
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, Ascot Resources has a Current Valuation of 254.71 M. This is 97.77% 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 98.47% higher than that of the company.
Ascot Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ascot Resources's current stock value. Our valuation model uses many indicators to compare Ascot Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ascot Resources competition to find correlations between indicators driving Ascot Resources's intrinsic value. More Info.Ascot Resources is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At this time, Ascot Resources' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ascot Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ascot Resources' 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.Ascot Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ascot Resources' 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 Ascot Resources could also be used in its relative valuation, which is a method of valuing Ascot Resources by comparing valuation metrics of similar companies.Ascot Resources is currently under evaluation in current valuation category among its peers.
Ascot Fundamentals
| Return On Equity | -0.034 | ||||
| Return On Asset | -0.0081 | ||||
| Profit Margin | (0.89) % | ||||
| Operating Margin | (0.11) % | ||||
| Current Valuation | 254.71 M | ||||
| Shares Outstanding | 972.46 M | ||||
| Shares Owned By Insiders | 17.28 % | ||||
| Shares Owned By Institutions | 27.45 % | ||||
| Number Of Shares Shorted | 15.72 M | ||||
| Price To Earning | 14.49 X | ||||
| Price To Book | 0.53 X | ||||
| Price To Sales | 14.85 X | ||||
| Gross Profit | (309 K) | ||||
| EBITDA | (10.9 M) | ||||
| Net Income | (10.43 M) | ||||
| Cash And Equivalents | 60.21 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 27.27 M | ||||
| Debt To Equity | 0.13 % | ||||
| Current Ratio | 2.43 X | ||||
| Book Value Per Share | 0.59 X | ||||
| Cash Flow From Operations | (13.48 M) | ||||
| Short Ratio | 8.01 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Target Price | 0.51 | ||||
| Number Of Employees | 141 | ||||
| Beta | 1.44 | ||||
| Market Capitalization | 213.94 M | ||||
| Total Asset | 630.39 M | ||||
| Retained Earnings | (82.29 M) | ||||
| Working Capital | (18.34 M) | ||||
| Net Asset | 630.39 M |
About Ascot Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ascot Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ascot Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ascot Resources 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 14.1 M | 14.8 M | |
| Cost Of Revenue | 1.6 M | 1.6 M |
Pair Trading with Ascot Resources
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 Ascot Resources 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 Ascot Resources will appreciate offsetting losses from the drop in the long position's value.Moving against Ascot Stock
| 0.51 | VZ | Verizon Communications | PairCorr |
| 0.4 | BNS | Bank of Nova Scotia Earnings Call This Week | PairCorr |
| 0.35 | FDY | Faraday Copper Corp | PairCorr |
| 0.34 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.34 | AMZN | Amazon CDR | PairCorr |
The ability to find closely correlated positions to Ascot Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ascot Resources 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 Ascot Resources - 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 Ascot Resources to buy it.
The correlation of Ascot Resources 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 Ascot Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ascot Resources 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 Ascot Resources 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 Ascot Stock
Ascot Resources financial ratios help investors to determine whether Ascot 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 Ascot with respect to the benefits of owning Ascot Resources security.