Dorel Industries Cla Stock Net Income
| DII-A Stock | CAD 1.80 0.20 12.50% |
Dorel Industries' fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Dorel Stock price.
| Last Reported | Projected for Next Year | ||
| Net Loss | -172 M | -180.6 M | |
| Net Loss | -172 M | -163.4 M |
Dorel | Net Income |
Dorel Industries ClA Company Net Income Analysis
Dorel Industries' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Dorel Industries Net Income | (171.96 M) |
Most of Dorel Industries' fundamental indicators, such as Net Income, 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, Dorel Industries ClA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Dorel Net Interest Income
Net Interest Income |
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Based on the recorded statements, Dorel Industries ClA reported net income of (171.96 Million). This is 133.67% lower than that of the Household Durables sector and significantly lower than that of the Consumer Discretionary industry. The net income for all Canada stocks is 130.12% higher than that of the company.
Dorel Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dorel Industries' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dorel Industries could also be used in its relative valuation, which is a method of valuing Dorel Industries by comparing valuation metrics of similar companies.Dorel Industries is currently under evaluation in net income category among its peers.
Dorel Fundamentals
| Return On Equity | -6.84 | ||||
| Return On Asset | -0.0477 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 434.86 M | ||||
| Shares Outstanding | 4.14 M | ||||
| Shares Owned By Insiders | 96.72 % | ||||
| Number Of Shares Shorted | 194 | ||||
| Price To Earning | 34.87 X | ||||
| Price To Book | 1.04 X | ||||
| Price To Sales | 0.04 X | ||||
| Revenue | 1.38 B | ||||
| Gross Profit | 214.94 M | ||||
| EBITDA | (49.96 M) | ||||
| Net Income | (171.96 M) | ||||
| Cash And Equivalents | 52.03 M | ||||
| Cash Per Share | 1.60 X | ||||
| Total Debt | 222.25 M | ||||
| Debt To Equity | 1.28 % | ||||
| Current Ratio | 1.45 X | ||||
| Book Value Per Share | (2.72) X | ||||
| Cash Flow From Operations | 62.37 M | ||||
| Short Ratio | 1.17 X | ||||
| Earnings Per Share | (7.98) X | ||||
| Number Of Employees | 3.6 K | ||||
| Beta | 1.88 | ||||
| Market Capitalization | 52.27 M | ||||
| Total Asset | 802.79 M | ||||
| Retained Earnings | (175.67 M) | ||||
| Working Capital | (73.23 M) | ||||
| Five Year Return | 7.17 % | ||||
| Net Asset | 802.79 M | ||||
| Last Dividend Paid | 1.18 |
About Dorel Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dorel Industries ClA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dorel Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dorel Industries ClA 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 Dorel Industries
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 Dorel Industries 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 Dorel Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Dorel Stock
| 0.67 | RUP | Rupert Resources | PairCorr |
| 0.51 | WPM | Wheaton Precious Metals | PairCorr |
| 0.45 | YES | CHAR Technologies | PairCorr |
| 0.43 | HAI | Haivision Systems | PairCorr |
| 0.4 | TLO | Talon Metals Corp | PairCorr |
The ability to find closely correlated positions to Dorel Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorel Industries 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 Dorel Industries - 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 Dorel Industries ClA to buy it.
The correlation of Dorel Industries 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 Dorel Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorel Industries ClA 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 Dorel Industries 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 Dorel Stock Analysis
When running Dorel Industries' price analysis, check to measure Dorel Industries' 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 Dorel Industries is operating at the current time. Most of Dorel Industries' value examination focuses on studying past and present price action to predict the probability of Dorel Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dorel Industries' price. Additionally, you may evaluate how the addition of Dorel Industries to your portfolios can decrease your overall portfolio volatility.