Sable Resources Stock Gross Profit

SAE Stock  CAD 0.04  0.01  16.67%   
Sable Resources fundamentals help investors to digest information that contributes to Sable Resources' financial success or failures. It also enables traders to predict the movement of Sable Stock. The fundamental analysis module provides a way to measure Sable Resources' 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 Sable Resources stock.
Last ReportedProjected for Next Year
Gross Profit-104.8 K-110.1 K
Gross Profit Margin 0.36  0.31 
Gross Profit is likely to drop to about (110.1 K) in 2024. Gross Profit Margin is likely to drop to 0.31 in 2024.
  
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Sable Resources Company Gross Profit Analysis

Sable Resources' Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Sable Resources Gross Profit

    
  (33.3 K)  
Most of Sable Resources' fundamental indicators, such as Gross Profit, 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, Sable Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sable Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Sable Resources is extremely important. It helps to project a fair market value of Sable Stock properly, considering its historical fundamentals such as Gross Profit. Since Sable Resources' 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 Sable Resources' 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 Sable Resources' interrelated accounts and indicators.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Sable Resources reported (33,302) of gross profit. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The gross profit for all Canada stocks is 100.0% higher than that of the company.

Sable Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sable Resources' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sable Resources could also be used in its relative valuation, which is a method of valuing Sable Resources by comparing valuation metrics of similar companies.
Sable Resources is currently under evaluation in gross profit category among its peers.

Sable Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sable Resources from analyzing Sable Resources' financial statements. These drivers represent accounts that assess Sable Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sable Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap14.8M13.4M63.9M31.0M27.9M29.3M
Enterprise Value12.0M8.8M46.9M13.9M12.5M13.1M

Sable Fundamentals

About Sable Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sable Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sable Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sable Resources 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Sable Stock Analysis

When running Sable Resources' price analysis, check to measure Sable Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sable Resources is operating at the current time. Most of Sable Resources' value examination focuses on studying past and present price action to predict the probability of Sable Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sable Resources' price. Additionally, you may evaluate how the addition of Sable Resources to your portfolios can decrease your overall portfolio volatility.