Gfl Environmental Holdings Stock Market Capitalization
| GFL Stock | CAD 65.55 0.16 0.24% |
Gfl Environmental Holdings fundamentals help investors to digest information that contributes to Gfl Environmental's financial success or failures. It also enables traders to predict the movement of Gfl Stock. The fundamental analysis module provides a way to measure Gfl Environmental'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 Gfl Environmental stock.
| Last Reported | Projected for Next Year | ||
| Market Cap | 16.9 B | 9 B |
Gfl | Market Capitalization |
Gfl Environmental Holdings Company Market Capitalization Analysis
Gfl Environmental's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Current Gfl Environmental Market Capitalization | 25.86 B |
Most of Gfl Environmental's fundamental indicators, such as Market Capitalization, 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, Gfl Environmental Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gfl Market Capitalization Driver Correlations
Understanding the fundamental principles of building solid financial models for Gfl Environmental is extremely important. It helps to project a fair market value of Gfl Stock properly, considering its historical fundamentals such as Market Capitalization. Since Gfl Environmental'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 Gfl Environmental'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 Gfl Environmental's interrelated accounts and indicators.
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In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
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Gfl Long Term Debt To Capitalization
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Based on the recorded statements, the market capitalization of Gfl Environmental Holdings is about 25.86 B. This is 350.93% higher than that of the Commercial Services & Supplies sector and 273.17% higher than that of the Industrials industry. The market capitalization for all Canada stocks is 35.89% lower than that of the firm.
Gfl Market Capitalization Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gfl Environmental's direct or indirect competition against its Market Capitalization to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gfl Environmental could also be used in its relative valuation, which is a method of valuing Gfl Environmental by comparing valuation metrics of similar companies.Gfl Environmental is currently under evaluation in market capitalization category among its peers.
Gfl Environmental Current Valuation Drivers
We derive many important indicators used in calculating different scores of Gfl Environmental from analyzing Gfl Environmental's financial statements. These drivers represent accounts that assess Gfl Environmental's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Gfl Environmental's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Enterprise Value | 14.3B | 21.1B | 25.4B | 24.1B | 26.0B | 15.3B |
Gfl Fundamentals
| Return On Equity | -0.0827 | |||
| Return On Asset | 0.0128 | |||
| Profit Margin | (0.08) % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 35.77 B | |||
| Shares Outstanding | 381.57 M | |||
| Shares Owned By Insiders | 2.96 % | |||
| Shares Owned By Institutions | 81.01 % | |||
| Number Of Shares Shorted | 2.34 M | |||
| Price To Book | 3.80 X | |||
| Price To Sales | 3.33 X | |||
| Revenue | 7.52 B | |||
| Gross Profit | 823.4 M | |||
| EBITDA | 1.88 B | |||
| Net Income | 45.4 M | |||
| Cash And Equivalents | 230.6 M | |||
| Cash Per Share | 0.67 X | |||
| Total Debt | 9.28 B | |||
| Debt To Equity | 1.50 % | |||
| Current Ratio | 0.63 X | |||
| Book Value Per Share | 17.23 X | |||
| Cash Flow From Operations | 942.2 M | |||
| Short Ratio | 9.41 X | |||
| Earnings Per Share | (1.80) X | |||
| Price To Earnings To Growth | (0.67) X | |||
| Target Price | 65.32 | |||
| Number Of Employees | 20 K | |||
| Beta | 1.03 | |||
| Market Capitalization | 25.86 B | |||
| Total Asset | 20.67 B | |||
| Retained Earnings | (2.82 B) | |||
| Working Capital | (325.4 M) | |||
| Annual Yield | 0 % | |||
| Net Asset | 20.67 B | |||
| Last Dividend Paid | 0.073 |
About Gfl Environmental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gfl Environmental Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gfl Environmental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gfl Environmental Holdings 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 Gfl Environmental
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 Gfl Environmental 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 Gfl Environmental will appreciate offsetting losses from the drop in the long position's value.Moving against Gfl Stock
| 0.45 | DELX | DelphX Capital Markets Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Gfl Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gfl Environmental 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 Gfl Environmental - 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 Gfl Environmental Holdings to buy it.
The correlation of Gfl Environmental 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 Gfl Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gfl Environmental 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 Gfl Environmental 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gfl Environmental Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.