Laurentian Bank Stock Fundamentals
| LB Stock | CAD 28.50 0.07 0.25% |
Laurentian Bank fundamentals help investors to digest information that contributes to Laurentian Bank's financial success or failures. It also enables traders to predict the movement of Laurentian Stock. The fundamental analysis module provides a way to measure Laurentian Bank'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 Laurentian Bank stock.
At this time, Laurentian Bank's Interest Expense is very stable compared to the past year. As of the 22nd of November 2024, Other Operating Expenses is likely to grow to about 984.2 M, while Depreciation And Amortization is likely to drop about 45 M. Laurentian | Select Account or Indicator |
Laurentian Bank Company Return On Asset Analysis
Laurentian Bank's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Laurentian Bank Return On Asset | -3.0E-4 |
Most of Laurentian Bank's fundamental indicators, such as Return On Asset, 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, Laurentian Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Laurentian Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Laurentian Bank is extremely important. It helps to project a fair market value of Laurentian Stock properly, considering its historical fundamentals such as Return On Asset. Since Laurentian Bank'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 Laurentian Bank'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 Laurentian Bank's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Laurentian Total Assets
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Based on the latest financial disclosure, Laurentian Bank has a Return On Asset of -3.0E-4. This is 99.94% lower than that of the Banks sector and significantly lower than that of the Financials industry. The return on asset for all Canada stocks is 99.79% lower than that of the firm.
Laurentian Bank Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Laurentian Bank's current stock value. Our valuation model uses many indicators to compare Laurentian Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Laurentian Bank competition to find correlations between indicators driving Laurentian Bank's intrinsic value. More Info.Laurentian Bank is rated fourth overall in return on equity category among its peers. It also is rated fourth overall in return on asset category among its peers . At this time, Laurentian Bank's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Laurentian Bank by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Laurentian Bank's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Laurentian Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Laurentian Bank's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Laurentian Bank could also be used in its relative valuation, which is a method of valuing Laurentian Bank by comparing valuation metrics of similar companies.Laurentian Bank is currently under evaluation in return on asset category among its peers.
Laurentian Fundamentals
| Return On Equity | -0.0055 | |||
| Return On Asset | -3.0E-4 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 10.92 B | |||
| Shares Outstanding | 43.92 M | |||
| Shares Owned By Institutions | 23.75 % | |||
| Number Of Shares Shorted | 2.04 M | |||
| Price To Earning | 11.37 X | |||
| Price To Book | 0.47 X | |||
| Price To Sales | 1.32 X | |||
| Revenue | 1.03 B | |||
| Gross Profit | 977.36 M | |||
| EBITDA | 270.39 M | |||
| Net Income | 181.09 M | |||
| Cash And Equivalents | 7.05 B | |||
| Cash Per Share | 163.48 X | |||
| Total Debt | 15.23 B | |||
| Debt To Equity | 3.77 % | |||
| Book Value Per Share | 60.83 X | |||
| Cash Flow From Operations | (580.18 M) | |||
| Short Ratio | 9.55 X | |||
| Earnings Per Share | (0.62) X | |||
| Price To Earnings To Growth | 1.85 X | |||
| Target Price | 27.11 | |||
| Number Of Employees | 2.8 K | |||
| Beta | 1.25 | |||
| Market Capitalization | 1.25 B | |||
| Total Asset | 49.89 B | |||
| Retained Earnings | 1.41 B | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 5.59 % | |||
| Net Asset | 49.89 B | |||
| Last Dividend Paid | 1.88 |
About Laurentian Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Laurentian Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Laurentian Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Laurentian Bank 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -3.3 B | -3.5 B | |
| Total Revenue | 1.2 B | 806 M | |
| Sales General And Administrative To Revenue | 0.37 | 0.30 | |
| Capex To Revenue | 0.05 | 0.08 | |
| Revenue Per Share | 25.50 | 28.86 | |
| Ebit Per Revenue | 0.45 | 0.43 |
Pair Trading with Laurentian Bank
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 Laurentian Bank 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 Laurentian Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Laurentian Stock
The ability to find closely correlated positions to Laurentian Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laurentian Bank 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 Laurentian Bank - 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 Laurentian Bank to buy it.
The correlation of Laurentian Bank 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 Laurentian Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laurentian Bank 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 Laurentian Bank 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 Laurentian Stock
Laurentian Bank financial ratios help investors to determine whether Laurentian 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 Laurentian with respect to the benefits of owning Laurentian Bank security.