Platinum Group Metals Stock EBITDA
| PTM Stock | CAD 2.46 0.10 4.24% |
Platinum Group Metals fundamentals help investors to digest information that contributes to Platinum Group's financial success or failures. It also enables traders to predict the movement of Platinum Stock. The fundamental analysis module provides a way to measure Platinum Group'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 Platinum Group stock.
| Last Reported | Projected for Next Year | ||
| EBITDA | -5.2 M | -5.5 M |
Platinum | EBITDA |
Platinum Group Metals Company EBITDA Analysis
Platinum Group'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 Platinum Group EBITDA | (5.78 M) |
Most of Platinum Group'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, Platinum Group Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Platinum EBITDA Driver Correlations
Understanding the fundamental principles of building solid financial models for Platinum Group is extremely important. It helps to project a fair market value of Platinum Stock properly, considering its historical fundamentals such as EBITDA. Since Platinum Group'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 Platinum Group'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 Platinum Group's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Platinum Ebitda
According to the company disclosure, Platinum Group Metals reported earnings before interest,tax, depreciation and amortization of (5.78 Million). This is 100.73% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The ebitda for all Canada stocks is 100.15% higher than that of the company.
Platinum EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Platinum Group'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 Platinum Group could also be used in its relative valuation, which is a method of valuing Platinum Group by comparing valuation metrics of similar companies.Platinum Group is currently under evaluation in ebitda category among its peers.
Platinum Group Current Valuation Drivers
We derive many important indicators used in calculating different scores of Platinum Group from analyzing Platinum Group's financial statements. These drivers represent accounts that assess Platinum Group's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Platinum Group's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 145.8M | 192.7M | 133.5M | 121.9M | 109.7M | 81.5M | |
| Enterprise Value | 181.3M | 214.6M | 121.2M | 115.3M | 103.7M | 92.7M |
Platinum Fundamentals
| Return On Equity | -0.12 | ||||
| Return On Asset | -0.11 | ||||
| Current Valuation | 246.34 M | ||||
| Shares Outstanding | 102.69 M | ||||
| Shares Owned By Insiders | 26.44 % | ||||
| Shares Owned By Institutions | 25.92 % | ||||
| Number Of Shares Shorted | 232.67 K | ||||
| Price To Earning | (0.28) X | ||||
| Price To Book | 6.95 X | ||||
| EBITDA | (5.78 M) | ||||
| Net Income | (5.66 M) | ||||
| Cash And Equivalents | 12.33 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 317 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 18.62 X | ||||
| Book Value Per Share | 0.24 X | ||||
| Cash Flow From Operations | (3.79 M) | ||||
| Short Ratio | 3.97 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Target Price | 2.88 | ||||
| Number Of Employees | 13 | ||||
| Beta | 1.87 | ||||
| Market Capitalization | 252.61 M | ||||
| Total Asset | 50.02 M | ||||
| Retained Earnings | (774.74 M) | ||||
| Working Capital | 6.18 M | ||||
| Net Asset | 50.02 M |
About Platinum Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Platinum Group Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Platinum Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Platinum Group Metals 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 Platinum Group
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 Platinum Group 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 Platinum Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Platinum Stock
| 0.93 | AG | First Majestic Silver | PairCorr |
| 0.91 | IE | Ivanhoe Energy | PairCorr |
| 0.83 | FDY | Faraday Copper Corp | PairCorr |
Moving against Platinum Stock
The ability to find closely correlated positions to Platinum Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Platinum Group 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 Platinum Group - 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 Platinum Group Metals to buy it.
The correlation of Platinum Group 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 Platinum Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Platinum Group Metals 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 Platinum Group 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 Platinum Group Metals. 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. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.