Organigram Holdings Stock Fundamentals
| OGI Stock | CAD 2.15 0.04 1.90% |
OrganiGram Holdings fundamentals help investors to digest information that contributes to OrganiGram Holdings' financial success or failures. It also enables traders to predict the movement of OrganiGram Stock. The fundamental analysis module provides a way to measure OrganiGram Holdings' 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 OrganiGram Holdings stock.
At this time, OrganiGram Holdings' Interest Income is very stable compared to the past year. As of the 22nd of November 2024, Research Development is likely to grow to about 14.7 M, while Interest Expense is likely to drop about 303.5 K. OrganiGram | Select Account or Indicator |
OrganiGram Holdings Company Return On Equity Analysis
OrganiGram Holdings' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current OrganiGram Holdings Return On Equity | -0.55 |
Most of OrganiGram Holdings' fundamental indicators, such as Return On Equity, 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, OrganiGram Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
OrganiGram Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for OrganiGram Holdings is extremely important. It helps to project a fair market value of OrganiGram Stock properly, considering its historical fundamentals such as Return On Equity. Since OrganiGram Holdings' 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 OrganiGram Holdings' 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 OrganiGram Holdings' interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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OrganiGram Total Stockholder Equity
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Based on the latest financial disclosure, OrganiGram Holdings has a Return On Equity of -0.5453. This is 97.73% lower than that of the Pharmaceuticals sector and significantly lower than that of the Health Care industry. The return on equity for all Canada stocks is 75.9% higher than that of the company.
OrganiGram Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining OrganiGram Holdings's current stock value. Our valuation model uses many indicators to compare OrganiGram Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across OrganiGram Holdings competition to find correlations between indicators driving OrganiGram Holdings's intrinsic value. More Info.OrganiGram Holdings is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . At this time, OrganiGram Holdings' 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 OrganiGram Holdings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for OrganiGram Holdings' 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.OrganiGram Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OrganiGram Holdings' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of OrganiGram Holdings could also be used in its relative valuation, which is a method of valuing OrganiGram Holdings by comparing valuation metrics of similar companies.OrganiGram Holdings is currently under evaluation in return on equity category among its peers.
OrganiGram Holdings Current Valuation Drivers
We derive many important indicators used in calculating different scores of OrganiGram Holdings from analyzing OrganiGram Holdings' financial statements. These drivers represent accounts that assess OrganiGram Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of OrganiGram Holdings' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 792.0M | 286.6M | 865.7M | 438.7M | 394.8M | 278.1M | |
| Enterprise Value | 794.0M | 365.7M | 815.3M | 373.5M | 336.2M | 278.7M |
OrganiGram Fundamentals
| Return On Equity | -0.55 | ||||
| Return On Asset | -0.0556 | ||||
| Profit Margin | (1.54) % | ||||
| Operating Margin | (0.12) % | ||||
| Current Valuation | 144.25 M | ||||
| Shares Outstanding | 108.57 M | ||||
| Shares Owned By Insiders | 31.32 % | ||||
| Shares Owned By Institutions | 9.71 % | ||||
| Number Of Shares Shorted | 558.09 K | ||||
| Price To Book | 0.76 X | ||||
| Price To Sales | 1.53 X | ||||
| Revenue | 149.21 M | ||||
| Gross Profit | 31.57 M | ||||
| EBITDA | (88.23 M) | ||||
| Net Income | (229.48 M) | ||||
| Cash And Equivalents | 44.78 M | ||||
| Cash Per Share | 0.23 X | ||||
| Total Debt | 4.72 M | ||||
| Debt To Equity | 0.28 % | ||||
| Current Ratio | 5.15 X | ||||
| Book Value Per Share | 2.85 X | ||||
| Cash Flow From Operations | (35.19 M) | ||||
| Short Ratio | 2.36 X | ||||
| Earnings Per Share | (2.51) X | ||||
| Price To Earnings To Growth | 0.04 X | ||||
| Target Price | 3.56 | ||||
| Number Of Employees | 914 | ||||
| Beta | 1.13 | ||||
| Market Capitalization | 228.55 M | ||||
| Total Asset | 298.45 M | ||||
| Retained Earnings | (538.53 M) | ||||
| Working Capital | 166.34 M | ||||
| Net Asset | 298.45 M |
About OrganiGram Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze OrganiGram Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OrganiGram Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OrganiGram Holdings 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 | 108.1 K | 113.5 K | |
| Total Revenue | 171.6 M | 180.2 M | |
| Cost Of Revenue | 210.5 M | 221 M | |
| Stock Based Compensation To Revenue | 0.04 | 0.03 | |
| Sales General And Administrative To Revenue | 0.29 | 0.28 | |
| Research And Ddevelopement To Revenue | 0.04 | 0.03 | |
| Capex To Revenue | 0.33 | 0.32 | |
| Revenue Per Share | 1.89 | 1.98 | |
| Ebit Per Revenue | (0.27) | (0.28) |
Pair Trading with OrganiGram Holdings
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 OrganiGram Holdings 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 OrganiGram Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against OrganiGram Stock
| 0.75 | BNS | Bank of Nova Scotia | PairCorr |
| 0.64 | AMZN | Amazon CDR | PairCorr |
| 0.55 | RY | Royal Bank | PairCorr |
| 0.55 | BMO | Bank of Montreal | PairCorr |
| 0.53 | TD-PFI | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to OrganiGram Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OrganiGram Holdings 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 OrganiGram Holdings - 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 OrganiGram Holdings to buy it.
The correlation of OrganiGram Holdings 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 OrganiGram Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OrganiGram Holdings 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 OrganiGram Holdings 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.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OrganiGram Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in OrganiGram Stock, please use our How to Invest in OrganiGram Holdings guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.