Journey Energy Stock Profit Margin
| JOY Stock | CAD 2.22 0.03 1.37% |
Journey Energy fundamentals help investors to digest information that contributes to Journey Energy's financial success or failures. It also enables traders to predict the movement of Journey Stock. The fundamental analysis module provides a way to measure Journey Energy'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 Journey Energy stock.
| Last Reported | Projected for Next Year | ||
| Net Profit Margin | 0.08 | 0.09 |
Journey | Profit Margin |
Journey Energy Company Profit Margin Analysis
Journey Energy'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 Journey Energy Profit Margin | 0.03 % |
Most of Journey Energy'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, Journey Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Journey Profit Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Journey Energy is extremely important. It helps to project a fair market value of Journey Stock properly, considering its historical fundamentals such as Profit Margin. Since Journey Energy'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 Journey Energy'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 Journey Energy'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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Journey Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, Journey Energy has a Profit Margin of 0.0287%. This is 101.21% lower than that of the Oil, Gas & Consumable Fuels sector and 99.62% lower than that of the Energy industry. The profit margin for all Canada stocks is 102.26% lower than that of the firm.
Journey Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Journey Energy'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 Journey Energy could also be used in its relative valuation, which is a method of valuing Journey Energy by comparing valuation metrics of similar companies.Journey Energy is currently under evaluation in profit margin category among its peers.
Journey Fundamentals
| Return On Equity | 0.0156 | ||||
| Return On Asset | 0.0165 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 196.38 M | ||||
| Shares Outstanding | 67.11 M | ||||
| Shares Owned By Insiders | 7.74 % | ||||
| Shares Owned By Institutions | 20.75 % | ||||
| Number Of Shares Shorted | 2.19 M | ||||
| Price To Earning | 1.38 X | ||||
| Price To Book | 0.46 X | ||||
| Price To Sales | 0.86 X | ||||
| Revenue | 186.92 M | ||||
| Gross Profit | 118.81 M | ||||
| EBITDA | 71.8 M | ||||
| Net Income | 15.82 M | ||||
| Cash And Equivalents | 335 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 44.95 M | ||||
| Debt To Equity | 305.40 % | ||||
| Current Ratio | 0.18 X | ||||
| Book Value Per Share | 5.25 X | ||||
| Cash Flow From Operations | 66.64 M | ||||
| Short Ratio | 34.37 X | ||||
| Earnings Per Share | 0.07 X | ||||
| Price To Earnings To Growth | (0.69) X | ||||
| Target Price | 3.92 | ||||
| Beta | 3.41 | ||||
| Market Capitalization | 148.98 M | ||||
| Total Asset | 610.14 M | ||||
| Retained Earnings | (163.57 M) | ||||
| Working Capital | (59.26 M) | ||||
| Net Asset | 610.14 M |
About Journey Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Journey Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Journey Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Journey Energy 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 Journey Energy
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 Journey Energy 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 Journey Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Journey Stock
| 0.71 | FFH-PC | Fairfax Fin Hld | PairCorr |
| 0.69 | FFH | Fairfax Financial | PairCorr |
| 0.66 | ELF | E L Financial | PairCorr |
| 0.59 | ENS | E Split Corp | PairCorr |
| 0.55 | ENS-PA | E Split Corp | PairCorr |
The ability to find closely correlated positions to Journey Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Journey Energy 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 Journey Energy - 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 Journey Energy to buy it.
The correlation of Journey Energy 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 Journey Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Journey Energy 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 Journey Energy 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 Journey Stock
Journey Energy financial ratios help investors to determine whether Journey 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 Journey with respect to the benefits of owning Journey Energy security.