Corus Entertainment Stock Current Valuation
| CJR-B Stock | CAD 0.12 0.01 9.09% |
Valuation analysis of Corus Entertainment helps investors to measure Corus Entertainment's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value is likely to gain to about 2.3 B in 2024, despite the fact that Enterprise Value Over EBITDA is likely to grow to (4.47). Fundamental drivers impacting Corus Entertainment's valuation include:
Price Book 0.1208 | Enterprise Value 1.1 B | Enterprise Value Ebitda 3.2415 | Price Sales 0.0181 | Forward PE 3.3333 |
Fairly Valued
Today
Please note that Corus Entertainment's price fluctuation is out of control at this time. Calculation of the real value of Corus Entertainment is based on 3 months time horizon. Increasing Corus Entertainment's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Corus Entertainment's intrinsic value may or may not be the same as its current market price of 0.12, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.12 | Real 0.12 | Hype 0.12 |
The intrinsic value of Corus Entertainment's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Corus Entertainment's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Corus Entertainment helps investors to forecast how Corus stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Corus Entertainment more accurately as focusing exclusively on Corus Entertainment's fundamentals will not take into account other important factors: Corus Entertainment Company Current Valuation Analysis
Corus Entertainment's 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 Corus Entertainment Current Valuation | 1.11 B |
Most of Corus Entertainment's 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, Corus Entertainment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Corus Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Corus Entertainment is extremely important. It helps to project a fair market value of Corus Stock properly, considering its historical fundamentals such as Current Valuation. Since Corus Entertainment'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 Corus Entertainment'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 Corus Entertainment's 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, Corus Entertainment has a Current Valuation of 1.11 B. This is 96.13% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The current valuation for all Canada stocks is 93.32% higher than that of the company.
Corus Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Corus Entertainment's 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 Corus Entertainment could also be used in its relative valuation, which is a method of valuing Corus Entertainment by comparing valuation metrics of similar companies.Corus Entertainment is currently under evaluation in current valuation category among its peers.
Corus Fundamentals
| Return On Equity | -13.08 | ||||
| Return On Asset | 0.0509 | ||||
| Profit Margin | (0.61) % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 1.11 B | ||||
| Shares Outstanding | 196.08 M | ||||
| Shares Owned By Insiders | 3.50 % | ||||
| Shares Owned By Institutions | 4.96 % | ||||
| Number Of Shares Shorted | 2.94 M | ||||
| Price To Earning | 3.37 X | ||||
| Price To Book | 0.12 X | ||||
| Price To Sales | 0.02 X | ||||
| Revenue | 1.51 B | ||||
| Gross Profit | 443.64 M | ||||
| EBITDA | 975.76 M | ||||
| Net Income | (772.64 M) | ||||
| Cash And Equivalents | 45.9 M | ||||
| Cash Per Share | 0.22 X | ||||
| Total Debt | 1.22 B | ||||
| Debt To Equity | 1.60 % | ||||
| Current Ratio | 0.66 X | ||||
| Book Value Per Share | (2.33) X | ||||
| Cash Flow From Operations | (829.34 M) | ||||
| Short Ratio | 5.55 X | ||||
| Earnings Per Share | (3.87) X | ||||
| Target Price | 0.0943 | ||||
| Number Of Employees | 2.61 K | ||||
| Beta | 2.08 | ||||
| Market Capitalization | 22.94 M | ||||
| Total Asset | 2.75 B | ||||
| Retained Earnings | (2.01 B) | ||||
| Working Capital | (194.08 M) | ||||
| Current Asset | 377.16 M | ||||
| Current Liabilities | 386.39 M | ||||
| Five Year Return | 10.78 % | ||||
| Net Asset | 2.75 B | ||||
| Last Dividend Paid | 0.03 |
About Corus Entertainment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Corus Entertainment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Corus Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Corus Entertainment 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 Corus Entertainment
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 Corus Entertainment 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 Corus Entertainment will appreciate offsetting losses from the drop in the long position's value.Moving against Corus Stock
The ability to find closely correlated positions to Corus Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corus Entertainment 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 Corus Entertainment - 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 Corus Entertainment to buy it.
The correlation of Corus Entertainment 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 Corus Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Corus Entertainment 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 Corus Entertainment 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.Additional Tools for Corus Stock Analysis
When running Corus Entertainment's price analysis, check to measure Corus Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corus Entertainment is operating at the current time. Most of Corus Entertainment's value examination focuses on studying past and present price action to predict the probability of Corus Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corus Entertainment's price. Additionally, you may evaluate how the addition of Corus Entertainment to your portfolios can decrease your overall portfolio volatility.