Goldmoney Stock Current Valuation
| XAU Stock | CAD 8.35 0.07 0.85% |
Valuation analysis of GoldMoney helps investors to measure GoldMoney's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. As of the 28th of November 2024, Enterprise Value is likely to grow to about 197.7 M, while Enterprise Value Over EBITDA is likely to drop (26.89). Fundamental drivers impacting GoldMoney's valuation include:
Price Book 0.7079 | Enterprise Value 135.2 M | Enterprise Value Ebitda 13.7607 | Price Sales 1.3195 | Enterprise Value Revenue 1.689 |
Undervalued
Today
Please note that GoldMoney's price fluctuation is not too volatile at this time. Calculation of the real value of GoldMoney is based on 3 months time horizon. Increasing GoldMoney's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since GoldMoney is currently traded on the exchange, buyers and sellers on that exchange determine the market value of GoldMoney Stock. However, GoldMoney's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 8.35 | Real 8.71 | Hype 8.27 |
The intrinsic value of GoldMoney's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence GoldMoney's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of GoldMoney helps investors to forecast how GoldMoney stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of GoldMoney more accurately as focusing exclusively on GoldMoney's fundamentals will not take into account other important factors: GoldMoney Company Current Valuation Analysis
GoldMoney's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current GoldMoney Current Valuation | 135.24 M |
Most of GoldMoney's fundamental indicators, such as Current Valuation, 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, GoldMoney is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
GoldMoney Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for GoldMoney is extremely important. It helps to project a fair market value of GoldMoney Stock properly, considering its historical fundamentals such as Current Valuation. Since GoldMoney'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 GoldMoney'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 GoldMoney's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, GoldMoney has a Current Valuation of 135.24 M. This is 99.59% lower than that of the Capital Markets sector and 96.9% lower than that of the Financials industry. The current valuation for all Canada stocks is 99.19% higher than that of the company.
GoldMoney Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses GoldMoney's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of GoldMoney could also be used in its relative valuation, which is a method of valuing GoldMoney by comparing valuation metrics of similar companies.GoldMoney is currently under evaluation in current valuation category among its peers.
GoldMoney Current Valuation Drivers
We derive many important indicators used in calculating different scores of GoldMoney from analyzing GoldMoney's financial statements. These drivers represent accounts that assess GoldMoney's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of GoldMoney's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 210.7M | 236.8M | 738.7M | 734.7M | 120.7M | 213.8M | |
| Enterprise Value | 178.9M | 214.2M | 712.7M | 694.7M | 146.2M | 197.7M |
GoldMoney Fundamentals
| Return On Equity | -0.15 | ||||
| Return On Asset | 0.0796 | ||||
| Profit Margin | (0.34) % | ||||
| Operating Margin | 0.34 % | ||||
| Current Valuation | 135.24 M | ||||
| Shares Outstanding | 13.15 M | ||||
| Shares Owned By Insiders | 34.46 % | ||||
| Shares Owned By Institutions | 23.09 % | ||||
| Number Of Shares Shorted | 20.87 K | ||||
| Price To Earning | 73.87 X | ||||
| Price To Book | 0.71 X | ||||
| Price To Sales | 1.32 X | ||||
| Revenue | 65.57 M | ||||
| Gross Profit | 34.84 M | ||||
| EBITDA | (5.71 M) | ||||
| Net Income | (24.47 M) | ||||
| Cash And Equivalents | 40.07 M | ||||
| Cash Per Share | 0.40 X | ||||
| Total Debt | 38.84 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 24.05 X | ||||
| Book Value Per Share | 11.09 X | ||||
| Cash Flow From Operations | 67.07 M | ||||
| Short Ratio | 2.21 X | ||||
| Earnings Per Share | (1.87) X | ||||
| Target Price | 8.25 | ||||
| Number Of Employees | 27 | ||||
| Beta | -0.79 | ||||
| Market Capitalization | 108.91 M | ||||
| Total Asset | 185.48 M | ||||
| Retained Earnings | (21.91 M) | ||||
| Working Capital | 9.58 M | ||||
| Current Asset | 34.18 M | ||||
| Current Liabilities | 4.51 M | ||||
| Net Asset | 185.48 M |
About GoldMoney Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze GoldMoney's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GoldMoney using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GoldMoney 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 GoldMoney
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 GoldMoney 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 GoldMoney will appreciate offsetting losses from the drop in the long position's value.Moving against GoldMoney Stock
| 0.58 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.5 | JPM | JPMorgan Chase | PairCorr |
| 0.49 | BOFA | Bank of America | PairCorr |
| 0.48 | GS | GOLDMAN SACHS CDR | PairCorr |
| 0.4 | WMT | Walmart Inc CDR | PairCorr |
The ability to find closely correlated positions to GoldMoney could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GoldMoney 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 GoldMoney - 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 GoldMoney to buy it.
The correlation of GoldMoney 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 GoldMoney moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GoldMoney 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 GoldMoney 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 GoldMoney Stock
GoldMoney financial ratios help investors to determine whether GoldMoney 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 GoldMoney with respect to the benefits of owning GoldMoney security.