Lassonde Industries Stock Price To Earnings To Growth
| LAS-A Stock | CAD 177.00 1.00 0.56% |
Lassonde Industries fundamentals help investors to digest information that contributes to Lassonde Industries' financial success or failures. It also enables traders to predict the movement of Lassonde Stock. The fundamental analysis module provides a way to measure Lassonde Industries' 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 Lassonde Industries stock.
Lassonde | Price To Earnings To Growth |
Lassonde Industries Company Price To Earnings To Growth Analysis
Lassonde Industries' PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Lassonde Price To Earnings To Growth Driver Correlations
Understanding the fundamental principles of building solid financial models for Lassonde Industries is extremely important. It helps to project a fair market value of Lassonde Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Lassonde Industries' 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 Lassonde Industries' 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 Lassonde Industries' interrelated accounts and indicators.
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Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
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Lassonde Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
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Based on the latest financial disclosure, Lassonde Industries has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Beverages sector and about the same as Consumer Staples (which currently averages 0.0) industry. The price to earnings to growth for all Canada stocks is 100.0% higher than that of the company.
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Lassonde Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0578 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 1.67 B | ||||
| Shares Outstanding | 3.07 M | ||||
| Shares Owned By Insiders | 2.18 % | ||||
| Shares Owned By Institutions | 42.95 % | ||||
| Number Of Shares Shorted | 1.06 K | ||||
| Price To Earning | 11.92 X | ||||
| Price To Book | 1.21 X | ||||
| Price To Sales | 0.49 X | ||||
| Revenue | 2.31 B | ||||
| Gross Profit | 521.94 M | ||||
| EBITDA | 197.78 M | ||||
| Net Income | 88.26 M | ||||
| Cash And Equivalents | 5.3 M | ||||
| Cash Per Share | 0.76 X | ||||
| Total Debt | 214.55 M | ||||
| Debt To Equity | 0.41 % | ||||
| Current Ratio | 1.67 X | ||||
| Book Value Per Share | 146.80 X | ||||
| Cash Flow From Operations | 224.86 M | ||||
| Short Ratio | 0.98 X | ||||
| Earnings Per Share | 15.82 X | ||||
| Target Price | 213.5 | ||||
| Number Of Employees | 2.9 K | ||||
| Beta | -0.16 | ||||
| Market Capitalization | 1.21 B | ||||
| Total Asset | 1.67 B | ||||
| Retained Earnings | 800.77 M | ||||
| Working Capital | 264.47 M | ||||
| Current Asset | 329.51 M | ||||
| Current Liabilities | 184.76 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.23 % | ||||
| Net Asset | 1.67 B | ||||
| Last Dividend Paid | 3.5 |
About Lassonde Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lassonde Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lassonde Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lassonde Industries 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 Lassonde Industries
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 Lassonde Industries 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 Lassonde Industries will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Lassonde Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lassonde Industries 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 Lassonde Industries - 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 Lassonde Industries to buy it.
The correlation of Lassonde Industries 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 Lassonde Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lassonde Industries 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 Lassonde Industries 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.Additional Tools for Lassonde Stock Analysis
When running Lassonde Industries' price analysis, check to measure Lassonde Industries' 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 Lassonde Industries is operating at the current time. Most of Lassonde Industries' value examination focuses on studying past and present price action to predict the probability of Lassonde Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lassonde Industries' price. Additionally, you may evaluate how the addition of Lassonde Industries to your portfolios can decrease your overall portfolio volatility.