Payfare Stock Fundamentals
| PAY Stock | CAD 1.98 0.03 1.49% |
Payfare fundamentals help investors to digest information that contributes to Payfare's financial success or failures. It also enables traders to predict the movement of Payfare Stock. The fundamental analysis module provides a way to measure Payfare'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 Payfare stock.
At this time, Payfare's EBIT is very stable compared to the past year. As of the 26th of November 2024, Cost Of Revenue is likely to grow to about 168 M, while Interest Expense is likely to drop 243.20. Payfare | Select Account or Indicator |
Payfare Company Return On Equity Analysis
Payfare's 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 Payfare Return On Equity | 0.25 |
Most of Payfare's 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, Payfare is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Payfare Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Payfare is extremely important. It helps to project a fair market value of Payfare Stock properly, considering its historical fundamentals such as Return On Equity. Since Payfare'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 Payfare'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 Payfare's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
| Competition |
Payfare Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Payfare has a Return On Equity of 0.254. This is 102.11% lower than that of the Software sector and 101.33% lower than that of the Information Technology industry. The return on equity for all Canada stocks is 181.94% lower than that of the firm.
Payfare Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Payfare's current stock value. Our valuation model uses many indicators to compare Payfare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Payfare competition to find correlations between indicators driving Payfare's intrinsic value. More Info.Payfare 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 reporting about 0.13 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Payfare is roughly 7.74 . At this time, Payfare'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 Payfare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Payfare'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.Payfare Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Payfare's 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 Payfare could also be used in its relative valuation, which is a method of valuing Payfare by comparing valuation metrics of similar companies.Payfare is currently under evaluation in return on equity category among its peers.
Payfare Fundamentals
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.0328 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 20.6 M | ||||
| Shares Outstanding | 48.08 M | ||||
| Shares Owned By Insiders | 6.99 % | ||||
| Shares Owned By Institutions | 17.70 % | ||||
| Number Of Shares Shorted | 898.12 K | ||||
| Price To Earning | 2.02 X | ||||
| Price To Book | 1.11 X | ||||
| Price To Sales | 0.44 X | ||||
| Revenue | 186.04 M | ||||
| Gross Profit | 15.14 M | ||||
| EBITDA | 15.05 M | ||||
| Net Income | 13.12 M | ||||
| Cash And Equivalents | 4.81 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 230.4 M | ||||
| Debt To Equity | 1.40 % | ||||
| Current Ratio | 3.30 X | ||||
| Book Value Per Share | 1.82 X | ||||
| Cash Flow From Operations | 22.62 M | ||||
| Short Ratio | 2.42 X | ||||
| Earnings Per Share | 0.39 X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 86 | ||||
| Beta | 1.8 | ||||
| Market Capitalization | 95.2 M | ||||
| Total Asset | 301.65 M | ||||
| Retained Earnings | (92.31 M) | ||||
| Working Capital | 64.69 M | ||||
| Net Asset | 301.65 M |
About Payfare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Payfare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Payfare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Payfare 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 | 10.8 K | 11.3 K | |
| Total Revenue | 186 M | 195.3 M | |
| Cost Of Revenue | 160 M | 168 M | |
| Stock Based Compensation To Revenue | 0.02 | 0.02 | |
| Sales General And Administrative To Revenue | 0.05 | 0.04 | |
| Capex To Revenue | 0.03 | 0.03 | |
| Revenue Per Share | 3.91 | 4.10 | |
| Ebit Per Revenue | 0.06 | 0.07 |
Pair Trading with Payfare
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 Payfare 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 Payfare will appreciate offsetting losses from the drop in the long position's value.Moving against Payfare Stock
| 0.87 | ETG | Entree Resources | PairCorr |
| 0.78 | IMP | Intermap Technologies | PairCorr |
| 0.77 | NVDA | NVIDIA CDR | PairCorr |
| 0.66 | CDR | Condor Energies | PairCorr |
| 0.66 | TD-PFI | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to Payfare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Payfare 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 Payfare - 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 Payfare to buy it.
The correlation of Payfare 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 Payfare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Payfare 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 Payfare 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 Payfare Stock
Payfare financial ratios help investors to determine whether Payfare 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 Payfare with respect to the benefits of owning Payfare security.