Cineplex Stock Gross Profit
| CGX Stock | CAD 10.21 0.06 0.59% |
Cineplex fundamentals help investors to digest information that contributes to Cineplex's financial success or failures. It also enables traders to predict the movement of Cineplex Stock. The fundamental analysis module provides a way to measure Cineplex's 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 Cineplex stock.
| Last Reported | Projected for Next Year | ||
| Gross Profit | 926.9 M | 686.8 M | |
| Gross Profit Margin | 0.67 | 0.47 |
Cineplex | Gross Profit |
Cineplex Company Gross Profit Analysis
Cineplex's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current Cineplex Gross Profit | 902.69 M |
Most of Cineplex's fundamental indicators, such as Gross Profit, 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, Cineplex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cineplex Gross Profit Driver Correlations
Understanding the fundamental principles of building solid financial models for Cineplex is extremely important. It helps to project a fair market value of Cineplex Stock properly, considering its historical fundamentals such as Gross Profit. Since Cineplex'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 Cineplex'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 Cineplex's interrelated accounts and indicators.
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Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, Cineplex reported 902.69 M of gross profit. This is 98.84% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The gross profit for all Canada stocks is 96.7% higher than that of the company.
Cineplex Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cineplex's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cineplex could also be used in its relative valuation, which is a method of valuing Cineplex by comparing valuation metrics of similar companies.Cineplex is currently under evaluation in gross profit category among its peers.
Cineplex Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cineplex from analyzing Cineplex's financial statements. These drivers represent accounts that assess Cineplex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cineplex's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.1B | 587.1M | 862.0M | 510.0M | 530.7M | 504.1M | |
| Enterprise Value | 4.1B | 2.5B | 2.7B | 2.4B | 2.2B | 1.6B |
Cineplex Fundamentals
| Return On Equity | -16.17 | ||||
| Return On Asset | 0.0194 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 2.49 B | ||||
| Shares Outstanding | 63.5 M | ||||
| Shares Owned By Insiders | 1.86 % | ||||
| Shares Owned By Institutions | 27.97 % | ||||
| Number Of Shares Shorted | 5.16 M | ||||
| Price To Earning | 21.99 X | ||||
| Price To Book | 89.36 X | ||||
| Price To Sales | 0.51 X | ||||
| Revenue | 1.39 B | ||||
| Gross Profit | 902.69 M | ||||
| EBITDA | 322.11 M | ||||
| Net Income | 138.05 M | ||||
| Cash And Equivalents | 34.67 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 1.9 B | ||||
| Debt To Equity | 6.53 % | ||||
| Current Ratio | 0.09 X | ||||
| Book Value Per Share | (0.63) X | ||||
| Cash Flow From Operations | 209.13 M | ||||
| Short Ratio | 32.26 X | ||||
| Earnings Per Share | (1.91) X | ||||
| Price To Earnings To Growth | 5.86 X | ||||
| Target Price | 12.92 | ||||
| Number Of Employees | 10 K | ||||
| Beta | 2.73 | ||||
| Market Capitalization | 648.33 M | ||||
| Total Asset | 2.27 B | ||||
| Retained Earnings | (981.97 M) | ||||
| Working Capital | (219.49 M) | ||||
| Current Asset | 186.83 M | ||||
| Current Liabilities | 425.78 M | ||||
| Five Year Return | 5.70 % | ||||
| Net Asset | 2.27 B |
About Cineplex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cineplex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cineplex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cineplex 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 Cineplex
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 Cineplex 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 Cineplex will appreciate offsetting losses from the drop in the long position's value.Moving together with Cineplex Stock
Moving against Cineplex Stock
The ability to find closely correlated positions to Cineplex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cineplex 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 Cineplex - 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 Cineplex to buy it.
The correlation of Cineplex 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 Cineplex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cineplex 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 Cineplex 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 Cineplex Stock
Cineplex financial ratios help investors to determine whether Cineplex 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 Cineplex with respect to the benefits of owning Cineplex security.