Heroux Devtek Stock Earnings Per Share

HRX Stock  CAD 31.73  0.22  0.70%   
Heroux Devtek fundamentals help investors to digest information that contributes to Heroux Devtek's financial success or failures. It also enables traders to predict the movement of Heroux Stock. The fundamental analysis module provides a way to measure Heroux Devtek'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 Heroux Devtek stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Heroux Devtek Company Earnings Per Share Analysis

Heroux Devtek's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

Earnings per Share

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Earnings

Average Shares

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Current Heroux Devtek Earnings Per Share

    
  1.53 X  
Most of Heroux Devtek's fundamental indicators, such as Earnings Per Share, 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, Heroux Devtek is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Heroux Earnings Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Heroux Devtek is extremely important. It helps to project a fair market value of Heroux Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Heroux Devtek'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 Heroux Devtek'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 Heroux Devtek's interrelated accounts and indicators.
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
Competition

Heroux Common Stock Shares Outstanding

Common Stock Shares Outstanding

32.06 Million

At this time, Heroux Devtek's Common Stock Shares Outstanding is very stable compared to the past year.
According to the company disclosure, Heroux Devtek has an Earnings Per Share of 1.53 times. This is 33.77% lower than that of the Aerospace & Defense sector and 64.17% lower than that of the Industrials industry. The earnings per share for all Canada stocks is 50.96% higher than that of the company.

Heroux Earnings Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heroux Devtek's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Heroux Devtek could also be used in its relative valuation, which is a method of valuing Heroux Devtek by comparing valuation metrics of similar companies.
Heroux Devtek is currently under evaluation in earnings per share category among its peers.

Heroux Devtek Current Valuation Drivers

We derive many important indicators used in calculating different scores of Heroux Devtek from analyzing Heroux Devtek's financial statements. These drivers represent accounts that assess Heroux Devtek's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Heroux Devtek's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap380.7M624.8M610.9M449.7M622.9M654.0M
Enterprise Value624.5M780.0M760.8M612.6M831.1M872.7M

Heroux Fundamentals

About Heroux Devtek Fundamental Analysis

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

Other Information on Investing in Heroux Stock

Heroux Devtek financial ratios help investors to determine whether Heroux 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 Heroux with respect to the benefits of owning Heroux Devtek security.