Dividend Growth Split Stock Price To Sales
| DGS Stock | CAD 7.25 0.07 0.97% |
Dividend Growth Split fundamentals help investors to digest information that contributes to Dividend Growth's financial success or failures. It also enables traders to predict the movement of Dividend Stock. The fundamental analysis module provides a way to measure Dividend Growth'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 Dividend Growth stock.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 3.78 | 3.59 |
Dividend | Price To Sales |
Dividend Growth Split Company Price To Sales Analysis
Dividend Growth's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Dividend Growth Price To Sales | 3.62 X |
Most of Dividend Growth's fundamental indicators, such as Price To Sales, 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, Dividend Growth Split is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Dividend Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Dividend Growth is extremely important. It helps to project a fair market value of Dividend Stock properly, considering its historical fundamentals such as Price To Sales. Since Dividend Growth'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 Dividend Growth'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 Dividend Growth's interrelated accounts and indicators.
Click cells to compare fundamentals
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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Dividend Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Dividend Growth Split has a Price To Sales of 3.616 times. This is 67.41% higher than that of the Capital Markets sector and 43.68% lower than that of the Financials industry. The price to sales for all Canada stocks is 68.34% higher than that of the company.
Dividend Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dividend Growth's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dividend Growth could also be used in its relative valuation, which is a method of valuing Dividend Growth by comparing valuation metrics of similar companies.Dividend Growth is currently under evaluation in price to sales category among its peers.
Dividend Growth Current Valuation Drivers
We derive many important indicators used in calculating different scores of Dividend Growth from analyzing Dividend Growth's financial statements. These drivers represent accounts that assess Dividend Growth's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Dividend Growth's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 190.5M | 109.1M | 234.6M | 272.5M | 242.5M | 254.6M | |
| Enterprise Value | 516.6M | 408.5M | 673.9M | 751.1M | 676.2M | 710.0M |
Dividend Fundamentals
| Return On Equity | 0.24 | ||||
| Return On Asset | 0.0721 | ||||
| Profit Margin | 0.66 % | ||||
| Operating Margin | 0.96 % | ||||
| Current Valuation | 64.31 M | ||||
| Shares Outstanding | 43.15 M | ||||
| Number Of Shares Shorted | 87.19 K | ||||
| Price To Earning | 1.23 X | ||||
| Price To Book | 1.29 X | ||||
| Price To Sales | 3.62 X | ||||
| Revenue | 60.13 M | ||||
| Gross Profit | (3.8 M) | ||||
| EBITDA | 59.43 M | ||||
| Net Income | 33.96 M | ||||
| Cash And Equivalents | 421.38 M | ||||
| Cash Per Share | 13.03 X | ||||
| Total Debt | 436.24 M | ||||
| Debt To Equity | 3.30 % | ||||
| Current Ratio | 234.96 X | ||||
| Book Value Per Share | 5.58 X | ||||
| Cash Flow From Operations | 81.75 M | ||||
| Short Ratio | 0.40 X | ||||
| Earnings Per Share | 1.30 X | ||||
| Beta | 2.13 | ||||
| Market Capitalization | 309.81 M | ||||
| Total Asset | 668.96 M | ||||
| Annual Yield | 0.17 % | ||||
| Five Year Return | 18.10 % | ||||
| Net Asset | 668.96 M | ||||
| Last Dividend Paid | 0.7 |
About Dividend Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dividend Growth Split's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dividend Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dividend Growth Split 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 Dividend Growth
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 Dividend Growth 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 Dividend Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with Dividend Stock
Moving against Dividend Stock
The ability to find closely correlated positions to Dividend Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dividend Growth 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 Dividend Growth - 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 Dividend Growth Split to buy it.
The correlation of Dividend Growth 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 Dividend Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dividend Growth Split 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 Dividend Growth 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 Dividend Stock
Dividend Growth financial ratios help investors to determine whether Dividend 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 Dividend with respect to the benefits of owning Dividend Growth security.