Global Crossing Airlines Stock Current Valuation
| JET Stock | 0.80 0.02 2.44% |
Valuation analysis of Global Crossing Airlines helps investors to measure Global Crossing's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. At this time, Global Crossing's Cash is very stable compared to the past year. As of the 7th of March 2025, Change In Cash is likely to grow to about 14.7 M, while Free Cash Flow is likely to drop (5.1 M). Fundamental drivers impacting Global Crossing's valuation include:
Price Book 27.5825 | Enterprise Value 273.3 M | Enterprise Value Ebitda 15.4285 | Price Sales 0.2273 | Enterprise Value Revenue 0.8716 |
Overvalued
Today
Please note that Global Crossing's price fluctuation is abnormally volatile at this time. Calculation of the real value of Global Crossing Airlines is based on 3 months time horizon. Increasing Global Crossing's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Global Crossing is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Global Stock. However, Global Crossing's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.8 | Real 0.71 | Hype 0.83 |
The intrinsic value of Global Crossing's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Global Crossing's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Global Crossing Airlines helps investors to forecast how Global stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Global Crossing more accurately as focusing exclusively on Global Crossing's fundamentals will not take into account other important factors: Global Crossing Airlines Company Current Valuation Analysis
Global Crossing's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Global Crossing Current Valuation | 273.26 M |
Most of Global Crossing's fundamental indicators, such as Current Valuation, 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, Global Crossing Airlines is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Global Crossing Airlines has a Current Valuation of 273.26 M. This is 96.25% lower than that of the Passenger Airlines sector and 98.29% lower than that of the Industrials industry. The current valuation for all Canada stocks is 98.36% higher than that of the company.
Global Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global Crossing's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Global Crossing could also be used in its relative valuation, which is a method of valuing Global Crossing by comparing valuation metrics of similar companies.Global Crossing is currently under evaluation in current valuation category among its peers.
Global Fundamentals
| Return On Equity | -7.88 | ||||
| Return On Asset | -0.0269 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.05) % | ||||
| Current Valuation | 273.26 M | ||||
| Shares Outstanding | 43.91 M | ||||
| Shares Owned By Insiders | 30.95 % | ||||
| Shares Owned By Institutions | 10.35 % | ||||
| Number Of Shares Shorted | 33.44 K | ||||
| Price To Book | 27.58 X | ||||
| Price To Sales | 0.23 X | ||||
| Revenue | 160.12 M | ||||
| Gross Profit | 7.85 M | ||||
| EBITDA | (494.33 K) | ||||
| Net Income | (21.01 M) | ||||
| Total Debt | 151.2 M | ||||
| Book Value Per Share | (0.48) X | ||||
| Cash Flow From Operations | (1.38 M) | ||||
| Short Ratio | 2.98 X | ||||
| Earnings Per Share | (0.31) X | ||||
| Number Of Employees | 625 | ||||
| Beta | 0.6 | ||||
| Market Capitalization | 40.6 M | ||||
| Total Asset | 131.33 M | ||||
| Retained Earnings | (59.09 M) | ||||
| Working Capital | (22.44 M) | ||||
| Net Asset | 131.33 M |
About Global Crossing Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Crossing Airlines's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Crossing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Crossing Airlines 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 Global Crossing
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 Global Crossing 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 Global Crossing will appreciate offsetting losses from the drop in the long position's value.Moving against Global Stock
| 0.83 | AC | Air Canada | PairCorr |
| 0.82 | BBD-B | Bombardier | PairCorr |
| 0.68 | CS | Capstone Mining Corp | PairCorr |
| 0.64 | ELD | Eldorado Gold Corp | PairCorr |
| 0.6 | UNI | Unisync Corp | PairCorr |
The ability to find closely correlated positions to Global Crossing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Crossing 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 Global Crossing - 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 Global Crossing Airlines to buy it.
The correlation of Global Crossing 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 Global Crossing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Crossing Airlines 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 Global Crossing 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 Global Stock
Global Crossing financial ratios help investors to determine whether Global 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 Global with respect to the benefits of owning Global Crossing security.