Canada Goose Holdings Stock Return On Equity

GOOS Stock

USD 9.70 0.34 3.63%

Canada Goose Holdings fundamentals help investors to digest information that contributes to Canada Goose's financial success or failures. It also enables traders to predict the movement of Canada Stock. The fundamental analysis module provides a way to measure Canada Goose'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 Canada Goose stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.14	0.23

Return On Equity is likely to gain to 0.23 in 2024.

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Canada Goose Holdings Company Return On Equity Analysis

Canada Goose's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Canada Goose Return On Equity

0.2

Most of Canada Goose's fundamental indicators, such as Return On Equity, 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, Canada Goose Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Canada Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Canada Goose is extremely important. It helps to project a fair market value of Canada Stock properly, considering its historical fundamentals such as Return On Equity. Since Canada Goose'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 Canada Goose'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 Canada Goose's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Long Term Debt Total	Capital Surpluse	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.93	0.94	0.9	0.72	0.91	0.59	0.95	0.75	0.87	0.93	-0.61	0.99	0.68	0.99	0.82	0.63	0.8	0.94	0.97	0.95	0.08
Total Stockholder Equity	0.93		0.98	0.82	0.56	1.0	0.72	0.81	0.64	0.73	0.87	-0.67	0.86	0.5	0.94	0.68	0.79	0.85	0.89	0.92	0.9	0.12
Net Tangible Assets	0.94	0.98		0.79	0.67	0.97	0.71	0.83	0.77	0.79	0.92	-0.69	0.87	0.48	0.94	0.75	0.81	0.85	0.95	0.94	0.91	-0.06
Current Deferred Revenue	0.9	0.82	0.79		0.66	0.8	0.53	0.83	0.56	0.69	0.83	-0.42	0.89	0.78	0.89	0.74	0.41	0.65	0.85	0.88	0.86	0.24
Net Debt	0.72	0.56	0.67	0.66		0.51	0.36	0.7	0.93	0.85	0.87	-0.34	0.76	0.64	0.65	0.82	0.47	0.49	0.85	0.73	0.64	-0.5
Retained Earnings	0.91	1.0	0.97	0.8	0.51		0.74	0.78	0.6	0.69	0.84	-0.68	0.82	0.46	0.92	0.65	0.8	0.86	0.87	0.9	0.88	0.14
Accounts Payable	0.59	0.72	0.71	0.53	0.36	0.74		0.44	0.4	0.38	0.63	-0.77	0.5	0.2	0.58	0.56	0.71	0.82	0.63	0.51	0.46	0.02
Long Term Debt	0.95	0.81	0.83	0.83	0.7	0.78	0.44		0.73	0.84	0.88	-0.57	0.98	0.67	0.96	0.82	0.47	0.74	0.88	0.93	0.92	0.06
Net Receivables	0.75	0.64	0.77	0.56	0.93	0.6	0.4	0.73		0.87	0.89	-0.42	0.76	0.49	0.71	0.82	0.64	0.55	0.88	0.78	0.71	-0.58
Good Will	0.87	0.73	0.79	0.69	0.85	0.69	0.38	0.84	0.87		0.84	-0.52	0.89	0.72	0.82	0.82	0.64	0.65	0.84	0.83	0.75	-0.24
Long Term Debt Total	0.93	0.87	0.92	0.83	0.87	0.84	0.63	0.88	0.89	0.84		-0.57	0.91	0.58	0.9	0.85	0.67	0.76	0.99	0.93	0.89	-0.22
Capital Surpluse	-0.61	-0.67	-0.69	-0.42	-0.34	-0.68	-0.77	-0.57	-0.42	-0.52	-0.57		-0.56	-0.28	-0.63	-0.57	-0.65	-0.95	-0.57	-0.53	-0.51	0.02
Total Liab	0.99	0.86	0.87	0.89	0.76	0.82	0.5	0.98	0.76	0.89	0.91	-0.56		0.74	0.97	0.85	0.53	0.74	0.92	0.95	0.93	0.07
Short Long Term Debt	0.68	0.5	0.48	0.78	0.64	0.46	0.2	0.67	0.49	0.72	0.58	-0.28	0.74		0.65	0.72	0.2	0.41	0.58	0.64	0.6	0.1
Total Current Assets	0.99	0.94	0.94	0.89	0.65	0.92	0.58	0.96	0.71	0.82	0.9	-0.63	0.97	0.65		0.81	0.62	0.82	0.92	0.97	0.96	0.12
Short Term Debt	0.82	0.68	0.75	0.74	0.82	0.65	0.56	0.82	0.82	0.82	0.85	-0.57	0.85	0.72	0.81		0.47	0.68	0.84	0.79	0.74	-0.26
Intangible Assets	0.63	0.79	0.81	0.41	0.47	0.8	0.71	0.47	0.64	0.64	0.67	-0.65	0.53	0.2	0.62	0.47		0.73	0.68	0.62	0.56	-0.25
Common Stock	0.8	0.85	0.85	0.65	0.49	0.86	0.82	0.74	0.55	0.65	0.76	-0.95	0.74	0.41	0.82	0.68	0.73		0.75	0.73	0.71	0.04
Property Plant Equipment	0.94	0.89	0.95	0.85	0.85	0.87	0.63	0.88	0.88	0.84	0.99	-0.57	0.92	0.58	0.92	0.84	0.68	0.75		0.96	0.91	-0.17
Net Invested Capital	0.97	0.92	0.94	0.88	0.73	0.9	0.51	0.93	0.78	0.83	0.93	-0.53	0.95	0.64	0.97	0.79	0.62	0.73	0.96		0.99	0.0
Net Working Capital	0.95	0.9	0.91	0.86	0.64	0.88	0.46	0.92	0.71	0.75	0.89	-0.51	0.93	0.6	0.96	0.74	0.56	0.71	0.91	0.99		0.07
Capital Stock	0.08	0.12	-0.06	0.24	-0.5	0.14	0.02	0.06	-0.58	-0.24	-0.22	0.02	0.07	0.1	0.12	-0.26	-0.25	0.04	-0.17	0.0	0.07

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Canada Return On Equity Historical Pattern

Today, most investors in Canada Goose Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Canada Goose's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Canada Goose return on equity as a starting point in their analysis.

Canada Goose Return On Equity

Timeline

For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

Predict Canada Goose

Return On Equity Over Time

Canada Total Stockholder Equity

Total Stockholder Equity

382.88 Million

At this time, Canada Goose's Total Stockholder Equity is comparatively stable compared to the past year.

Based on the latest financial disclosure, Canada Goose Holdings has a Return On Equity of 0.1968. This is 94.53% lower than that of the Textiles, Apparel & Luxury Goods sector and 43.77% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 163.48% lower than that of the firm.

Canada Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canada Goose's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canada Goose could also be used in its relative valuation, which is a method of valuing Canada Goose by comparing valuation metrics of similar companies.

Canada Goose is currently under evaluation in return on equity category among its peers.

Canada Goose Current Valuation Drivers

We derive many important indicators used in calculating different scores of Canada Goose from analyzing Canada Goose's financial statements. These drivers represent accounts that assess Canada Goose's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Canada Goose's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	3.1B	5.4B	3.6B	2.7B	1.7B	2.6B
Enterprise Value	3.4B	5.6B	3.9B	3.2B	2.3B	3.0B

Canada Goose ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Canada Goose's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canada Goose's managers, analysts, and investors.

Environmental

Governance

Social

Canada Fundamentals

	Return On Equity	0.2
	Return On Asset	0.0578
	Profit Margin	0.05 %
	Operating Margin	0.01 %
	Current Valuation	1.5 B
	Shares Outstanding	45.8 M
	Shares Owned By Insiders	1.56 %
	Shares Owned By Institutions	83.40 %
	Number Of Shares Shorted	9.25 M
	Price To Earning	36.57 X
	Price To Book	3.54 X
	Price To Sales	0.69 X
	Revenue	1.34 B
	Gross Profit	733.6 M
	EBITDA	244.3 M
	Net Income	58.4 M
	Cash And Equivalents	81.8 M
	Cash Per Share	0.78 X
	Total Debt	728.4 M
	Debt To Equity	1.98 %
	Current Ratio	2.42 X
	Book Value Per Share	3.70 X
	Cash Flow From Operations	164.6 M
	Short Ratio	12.66 X
	Earnings Per Share	0.41 X
	Price To Earnings To Growth	3.02 X
	Target Price	10.06
	Number Of Employees	4.46 K
	Beta	1.29
	Market Capitalization	907.05 M
	Total Asset	1.48 B
	Retained Earnings	252.5 M
	Working Capital	430.9 M
	Current Asset	243.04 M
	Current Liabilities	85.9 M
	Net Asset	1.48 B

About Canada Goose Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Canada Goose Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canada Goose using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canada Goose 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.

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When running Canada Goose's price analysis, check to measure Canada Goose'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 Canada Goose is operating at the current time. Most of Canada Goose's value examination focuses on studying past and present price action to predict the probability of Canada Goose's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canada Goose's price. Additionally, you may evaluate how the addition of Canada Goose to your portfolios can decrease your overall portfolio volatility.

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