Organigram Holdings Stock Operating Margin
| OGI Stock | CAD 2.38 0.08 3.48% |
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.
OrganiGram |
OrganiGram Holdings Company Operating Margin Analysis
OrganiGram Holdings' Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current OrganiGram Holdings Operating Margin | (0.12) % |
Most of OrganiGram Holdings' fundamental indicators, such as Operating 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, OrganiGram Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
| Competition |
Based on the recorded statements, OrganiGram Holdings has an Operating Margin of -0.1229%. This is 99.65% lower than that of the Pharmaceuticals sector and significantly lower than that of the Health Care industry. The operating margin for all Canada stocks is 97.77% lower than that of the firm.
OrganiGram Operating Margin 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 Operating Margin 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 operating margin category among its peers.
OrganiGram Fundamentals
| Return On Equity | -0.55 | |||
| Return On Asset | -0.0556 | |||
| Profit Margin | (1.54) % | |||
| Operating Margin | (0.12) % | |||
| Current Valuation | 186.54 M | |||
| Shares Outstanding | 126.16 M | |||
| Shares Owned By Insiders | 34.20 % | |||
| Shares Owned By Institutions | 9.70 % | |||
| Number Of Shares Shorted | 830 K | |||
| Price To Book | 0.95 X | |||
| Price To Sales | 1.94 X | |||
| Revenue | 159.84 M | |||
| Gross Profit | 35.07 M | |||
| EBITDA | (25.37 M) | |||
| Net Income | (45.44 M) | |||
| Cash And Equivalents | 44.78 M | |||
| Cash Per Share | 0.23 X | |||
| Total Debt | 60 K | |||
| Debt To Equity | 0.28 % | |||
| Current Ratio | 5.15 X | |||
| Book Value Per Share | 2.85 X | |||
| Cash Flow From Operations | 3.87 M | |||
| Short Ratio | 2.91 X | |||
| Earnings Per Share | (0.48) X | |||
| Price To Earnings To Growth | 0.04 X | |||
| Target Price | 3.19 | |||
| Number Of Employees | 914 | |||
| Beta | 1.13 | |||
| Market Capitalization | 290.16 M | |||
| Total Asset | 407.86 M | |||
| Retained Earnings | (583.97 M) | |||
| Working Capital | 208.9 M | |||
| Net Asset | 407.86 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.
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
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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.