Cascades Stock Fundamentals
| CAS Stock | CAD 11.71 0.37 3.26% |
Cascades fundamentals help investors to digest information that contributes to Cascades' financial success or failures. It also enables traders to predict the movement of Cascades Stock. The fundamental analysis module provides a way to measure Cascades' 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 Cascades stock.
At this time, Cascades' Interest Income is very stable compared to the past year. As of the 26th of November 2024, Reconciled Depreciation is likely to grow to about 286.5 M, while Depreciation And Amortization is likely to drop about 204 M. Cascades | Select Account or Indicator |
Cascades Company Operating Margin Analysis
Cascades' 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 Cascades Operating Margin | 0.06 % |
Most of Cascades' 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, Cascades is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cascades Operating Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Cascades is extremely important. It helps to project a fair market value of Cascades Stock properly, considering its historical fundamentals such as Operating Margin. Since Cascades' 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 Cascades' 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 Cascades' interrelated accounts and indicators.
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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.
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Cascades Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Cascades has an Operating Margin of 0.0583%. This is 103.99% lower than that of the Containers & Packaging sector and 99.47% lower than that of the Materials industry. The operating margin for all Canada stocks is 101.06% lower than that of the firm.
Cascades Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cascades's current stock value. Our valuation model uses many indicators to compare Cascades value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cascades competition to find correlations between indicators driving Cascades's intrinsic value. More Info.Cascades is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers . At this time, Cascades' 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 Cascades by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cascades' 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.Cascades Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cascades' direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cascades could also be used in its relative valuation, which is a method of valuing Cascades by comparing valuation metrics of similar companies.Cascades is currently under evaluation in operating margin category among its peers.
Cascades Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cascades from analyzing Cascades' financial statements. These drivers represent accounts that assess Cascades' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cascades' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.1B | 1.4B | 1.4B | 851.5M | 1.3B | 709.3M | |
| Enterprise Value | 3.0B | 3.1B | 2.8B | 2.8B | 3.1B | 1.9B |
Cascades Fundamentals
| Return On Equity | -0.0332 | ||||
| Return On Asset | 0.0228 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 3.24 B | ||||
| Shares Outstanding | 100.99 M | ||||
| Shares Owned By Insiders | 23.79 % | ||||
| Shares Owned By Institutions | 28.72 % | ||||
| Number Of Shares Shorted | 642.65 K | ||||
| Price To Earning | 15.00 X | ||||
| Price To Book | 0.66 X | ||||
| Price To Sales | 0.25 X | ||||
| Revenue | 4.64 B | ||||
| Gross Profit | 421 M | ||||
| EBITDA | 565 M | ||||
| Net Income | (76 M) | ||||
| Cash And Equivalents | 102 M | ||||
| Cash Per Share | 1.71 X | ||||
| Total Debt | 1.94 B | ||||
| Debt To Equity | 1.27 % | ||||
| Current Ratio | 1.33 X | ||||
| Book Value Per Share | 16.91 X | ||||
| Cash Flow From Operations | 510 M | ||||
| Short Ratio | 4.67 X | ||||
| Earnings Per Share | (0.42) X | ||||
| Price To Earnings To Growth | 0.47 X | ||||
| Target Price | 12.5 | ||||
| Number Of Employees | 9.7 K | ||||
| Beta | 0.16 | ||||
| Market Capitalization | 1.15 B | ||||
| Total Asset | 4.77 B | ||||
| Retained Earnings | 1.1 B | ||||
| Working Capital | 269 M | ||||
| Current Asset | 1.12 B | ||||
| Current Liabilities | 727 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 1.54 % | ||||
| Net Asset | 4.77 B | ||||
| Last Dividend Paid | 0.48 |
About Cascades Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cascades's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cascades using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cascades 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 | 250.7 M | 263.2 M | |
| Total Revenue | 4.6 B | 4.1 B | |
| Cost Of Revenue | 2.7 B | 3.3 B | |
| Sales General And Administrative To Revenue | 0.23 | 0.24 | |
| Capex To Revenue | 0.08 | 0.04 | |
| Revenue Per Share | 46.13 | 33.35 | |
| Ebit Per Revenue | 0.01 | 0.01 |
Pair Trading with Cascades
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 Cascades 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 Cascades will appreciate offsetting losses from the drop in the long position's value.Moving together with Cascades Stock
| 0.72 | AG | First Majestic Silver | PairCorr |
| 0.88 | IE | Ivanhoe Energy | PairCorr |
| 0.91 | FDY | Faraday Copper Corp | PairCorr |
Moving against Cascades Stock
The ability to find closely correlated positions to Cascades could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cascades 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 Cascades - 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 Cascades to buy it.
The correlation of Cascades 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 Cascades moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cascades 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 Cascades 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 Cascades Stock
Cascades financial ratios help investors to determine whether Cascades 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 Cascades with respect to the benefits of owning Cascades security.