Parkland Fuel Stock EBITDA
| PKI Stock | CAD 32.23 0.71 2.16% |
Parkland Fuel fundamentals help investors to digest information that contributes to Parkland Fuel's financial success or failures. It also enables traders to predict the movement of Parkland Stock. The fundamental analysis module provides a way to measure Parkland Fuel'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 Parkland Fuel stock.
Parkland |
Parkland Fuel Company EBITDA Analysis
Parkland Fuel's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Parkland Fuel EBITDA | 1.7 B |
Most of Parkland Fuel's fundamental indicators, such as EBITDA, 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, Parkland Fuel is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
| Competition |
According to the company disclosure, Parkland Fuel reported earnings before interest,tax, depreciation and amortization of 1.7 B. This is 71.64% lower than that of the Specialty Retail sector and 95.38% lower than that of the Consumer Discretionary industry. The ebitda for all Canada stocks is 56.39% higher than that of the company.
Parkland EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Parkland Fuel's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Parkland Fuel could also be used in its relative valuation, which is a method of valuing Parkland Fuel by comparing valuation metrics of similar companies.Parkland Fuel is currently under evaluation in ebitda category among its peers.
Parkland Fundamentals
| Return On Equity | 0.0754 | |||
| Return On Asset | 0.0358 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 11.69 B | |||
| Shares Outstanding | 173.78 M | |||
| Shares Owned By Insiders | 20.61 % | |||
| Shares Owned By Institutions | 35.41 % | |||
| Number Of Shares Shorted | 2.64 M | |||
| Price To Earning | 37.29 X | |||
| Price To Book | 1.81 X | |||
| Price To Sales | 0.20 X | |||
| Revenue | 32.45 B | |||
| Gross Profit | 3.66 B | |||
| EBITDA | 1.7 B | |||
| Net Income | 471 M | |||
| Cash And Equivalents | 653 M | |||
| Cash Per Share | 6.73 X | |||
| Total Debt | 6.36 B | |||
| Debt To Equity | 2.03 % | |||
| Current Ratio | 1.13 X | |||
| Book Value Per Share | 18.21 X | |||
| Cash Flow From Operations | 1.78 B | |||
| Short Ratio | 5.30 X | |||
| Earnings Per Share | 1.36 X | |||
| Price To Earnings To Growth | 36.61 X | |||
| Target Price | 47.17 | |||
| Number Of Employees | 30 | |||
| Beta | 1.34 | |||
| Market Capitalization | 5.72 B | |||
| Total Asset | 13.87 B | |||
| Retained Earnings | 9 M | |||
| Working Capital | 971 M | |||
| Current Asset | 521.2 M | |||
| Current Liabilities | 414.41 M | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 3.68 % | |||
| Net Asset | 13.87 B | |||
| Last Dividend Paid | 1.39 |
About Parkland Fuel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Parkland Fuel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Parkland Fuel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Parkland Fuel 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 Parkland Fuel
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 Parkland Fuel 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 Parkland Fuel will appreciate offsetting losses from the drop in the long position's value.Moving against Parkland Stock
The ability to find closely correlated positions to Parkland Fuel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parkland Fuel 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 Parkland Fuel - 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 Parkland Fuel to buy it.
The correlation of Parkland Fuel 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 Parkland Fuel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parkland Fuel 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 Parkland Fuel 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 Parkland Stock
Parkland Fuel financial ratios help investors to determine whether Parkland 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 Parkland with respect to the benefits of owning Parkland Fuel security.