Finning International Stock Fundamentals
| FTT Stock | CAD 38.22 0.30 0.79% |
Finning International fundamentals help investors to digest information that contributes to Finning International's financial success or failures. It also enables traders to predict the movement of Finning Stock. The fundamental analysis module provides a way to measure Finning International'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 Finning International stock.
At this time, Finning International's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 25th of November 2024, Tax Provision is likely to grow to about 239.4 M, while Depreciation And Amortization is likely to drop about 279.1 M. Finning | Select Account or Indicator |
Finning International Company Profit Margin Analysis
Finning International's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Finning International Profit Margin | 0.04 % |
Most of Finning International's fundamental indicators, such as Profit 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, Finning International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Finning Profit Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Finning International is extremely important. It helps to project a fair market value of Finning Stock properly, considering its historical fundamentals such as Profit Margin. Since Finning International'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 Finning International'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 Finning International's interrelated accounts and indicators.
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In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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Finning Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, Finning International has a Profit Margin of 0.0412%. This is 95.75% lower than that of the Trading Companies & Distributors sector and 65.67% lower than that of the Industrials industry. The profit margin for all Canada stocks is 103.24% lower than that of the firm.
Finning International Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Finning International's current stock value. Our valuation model uses many indicators to compare Finning International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Finning International competition to find correlations between indicators driving Finning International's intrinsic value. More Info.Finning International is rated # 4 in return on equity category among its peers. It also is rated # 4 in return on asset category among its peers reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Finning International is roughly 2.61 . At this time, Finning International's 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 Finning International by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Finning International's 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.Finning Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Finning International's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Finning International could also be used in its relative valuation, which is a method of valuing Finning International by comparing valuation metrics of similar companies.Finning International is currently under evaluation in profit margin category among its peers.
Finning International Current Valuation Drivers
We derive many important indicators used in calculating different scores of Finning International from analyzing Finning International's financial statements. These drivers represent accounts that assess Finning International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Finning International's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.1B | 4.4B | 5.1B | 5.2B | 5.7B | 2.9B | |
| Enterprise Value | 5.9B | 5.5B | 6.4B | 7.2B | 8.2B | 4.1B |
Finning Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0675 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 7.66 B | ||||
| Shares Outstanding | 137.7 M | ||||
| Shares Owned By Institutions | 43.36 % | ||||
| Number Of Shares Shorted | 399.69 K | ||||
| Price To Earning | 17.60 X | ||||
| Price To Book | 2.03 X | ||||
| Price To Sales | 0.47 X | ||||
| Revenue | 10.53 B | ||||
| Gross Profit | 2.22 B | ||||
| EBITDA | 1.31 B | ||||
| Net Income | 521 M | ||||
| Cash Per Share | 2.80 X | ||||
| Total Debt | 2.7 B | ||||
| Debt To Equity | 0.85 % | ||||
| Current Ratio | 1.90 X | ||||
| Book Value Per Share | 18.68 X | ||||
| Cash Flow From Operations | 228 M | ||||
| Short Ratio | 1.23 X | ||||
| Earnings Per Share | 3.20 X | ||||
| Price To Earnings To Growth | 2.41 X | ||||
| Target Price | 47.67 | ||||
| Beta | 1.54 | ||||
| Market Capitalization | 5.22 B | ||||
| Total Asset | 7.56 B | ||||
| Retained Earnings | 1.78 B | ||||
| Working Capital | 1.45 B | ||||
| Current Asset | 3.46 B | ||||
| Current Liabilities | 1.24 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.23 % | ||||
| Net Asset | 7.56 B | ||||
| Last Dividend Paid | 1.05 |
About Finning International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Finning International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Finning International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Finning International 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 | 507 M | 383.6 M | |
| Total Revenue | 10.5 B | 5.6 B | |
| Cost Of Revenue | 8 B | 4 B | |
| Capex To Revenue | 0.02 | 0.03 | |
| Revenue Per Share | 71.38 | 74.95 | |
| Ebit Per Revenue | 0.09 | 0.08 |
Pair Trading with Finning International
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 Finning International 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 Finning International will appreciate offsetting losses from the drop in the long position's value.Moving against Finning Stock
The ability to find closely correlated positions to Finning International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Finning International 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 Finning International - 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 Finning International to buy it.
The correlation of Finning International 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 Finning International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Finning International 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 Finning International 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 Finning Stock
Finning International financial ratios help investors to determine whether Finning 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 Finning with respect to the benefits of owning Finning International security.