Pyrogenesis Canada Stock Fundamentals
| PYR Stock | CAD 0.64 0.02 3.03% |
PyroGenesis Canada fundamentals help investors to digest information that contributes to PyroGenesis Canada's financial success or failures. It also enables traders to predict the movement of PyroGenesis Stock. The fundamental analysis module provides a way to measure PyroGenesis Canada'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 PyroGenesis Canada stock.
At this time, PyroGenesis Canada's Research Development is very stable compared to the past year. As of the 2nd of December 2024, Net Interest Income is likely to grow to about 1.7 M, while Interest Expense is likely to drop about 469 K. PyroGenesis | Select Account or Indicator |
PyroGenesis Canada Company Return On Equity Analysis
PyroGenesis Canada'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 PyroGenesis Canada Return On Equity | -34.01 |
Most of PyroGenesis Canada'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, PyroGenesis Canada is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
PyroGenesis Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for PyroGenesis Canada is extremely important. It helps to project a fair market value of PyroGenesis Stock properly, considering its historical fundamentals such as Return On Equity. Since PyroGenesis Canada'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 PyroGenesis Canada'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 PyroGenesis Canada's 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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PyroGenesis Total Stockholder Equity
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Based on the latest financial disclosure, PyroGenesis Canada has a Return On Equity of -34.0119. This is 7829.98% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The return on equity for all Canada stocks is notably higher than that of the company.
PyroGenesis Canada Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PyroGenesis Canada's current stock value. Our valuation model uses many indicators to compare PyroGenesis Canada value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PyroGenesis Canada competition to find correlations between indicators driving PyroGenesis Canada's intrinsic value. More Info.PyroGenesis Canada 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, PyroGenesis Canada'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 PyroGenesis Canada by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PyroGenesis Canada'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.PyroGenesis Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PyroGenesis Canada'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 PyroGenesis Canada could also be used in its relative valuation, which is a method of valuing PyroGenesis Canada by comparing valuation metrics of similar companies.PyroGenesis Canada is currently under evaluation in return on equity category among its peers.
PyroGenesis Canada Current Valuation Drivers
We derive many important indicators used in calculating different scores of PyroGenesis Canada from analyzing PyroGenesis Canada's financial statements. These drivers represent accounts that assess PyroGenesis Canada's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of PyroGenesis Canada's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 63.2M | 535.4M | 554.9M | 176.1M | 76.5M | 77.0M | |
| Enterprise Value | 70.8M | 520.4M | 550.0M | 179.6M | 83.9M | 78.3M |
PyroGenesis Fundamentals
| Return On Equity | -34.01 | |||
| Return On Asset | -0.27 | |||
| Profit Margin | (1.15) % | |||
| Operating Margin | (0.88) % | |||
| Current Valuation | 125.01 M | |||
| Shares Outstanding | 183.52 M | |||
| Shares Owned By Insiders | 44.14 % | |||
| Number Of Shares Shorted | 1.5 M | |||
| Price To Earning | 4.15 X | |||
| Price To Book | 19.18 X | |||
| Price To Sales | 8.38 X | |||
| Revenue | 12.35 M | |||
| Gross Profit | 12.52 M | |||
| EBITDA | (27.62 M) | |||
| Net Income | (28.5 M) | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 9.59 M | |||
| Debt To Equity | 0.28 % | |||
| Current Ratio | 1.35 X | |||
| Book Value Per Share | (0.03) X | |||
| Cash Flow From Operations | (12.54 M) | |||
| Short Ratio | 13.97 X | |||
| Earnings Per Share | (0.17) X | |||
| Number Of Employees | 120 | |||
| Beta | 2.0 | |||
| Market Capitalization | 124.79 M | |||
| Total Asset | 28.44 M | |||
| Retained Earnings | (121.89 M) | |||
| Working Capital | 1.65 M | |||
| Net Asset | 28.44 M |
About PyroGenesis Canada Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PyroGenesis Canada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PyroGenesis Canada using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PyroGenesis Canada 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 | 11 M | 11.5 M | |
| Total Revenue | 12.3 M | 8.3 M | |
| Cost Of Revenue | 10.3 M | 7.7 M | |
| Stock Based Compensation To Revenue | 0.25 | 0.13 | |
| Sales General And Administrative To Revenue | 0.88 | 0.83 | |
| Research And Ddevelopement To Revenue | 0.18 | 0.19 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 0.07 | 0.05 | |
| Ebit Per Revenue | (2.41) | (2.53) |
Pair Trading with PyroGenesis Canada
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 PyroGenesis Canada 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 PyroGenesis Canada will appreciate offsetting losses from the drop in the long position's value.Moving against PyroGenesis Stock
| 0.85 | JPM | JPMorgan Chase | PairCorr |
| 0.75 | WMT | Walmart Inc CDR | PairCorr |
| 0.73 | COST | Costco Wholesale Corp | PairCorr |
| 0.67 | BN | Brookfield | PairCorr |
| 0.62 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to PyroGenesis Canada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PyroGenesis Canada 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 PyroGenesis Canada - 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 PyroGenesis Canada to buy it.
The correlation of PyroGenesis Canada 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 PyroGenesis Canada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PyroGenesis Canada 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 PyroGenesis Canada 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 PyroGenesis Stock
PyroGenesis Canada financial ratios help investors to determine whether PyroGenesis 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 PyroGenesis with respect to the benefits of owning PyroGenesis Canada security.