Canadian Tire Corp Stock Return On Equity
| YAAA Stock | 103.70 0.20 0.19% |
Canadian Tire Corp fundamentals help investors to digest information that contributes to Canadian Tire's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Tire'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 Canadian Tire stock.
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Canadian Tire Corp Company Return On Equity Analysis
Canadian Tire'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.
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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Based on the latest financial disclosure, Canadian Tire Corp has a Return On Equity of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Return On Equity (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).
Canadian Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Tire'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 Canadian Tire could also be used in its relative valuation, which is a method of valuing Canadian Tire by comparing valuation metrics of similar companies.Canadian Tire is currently under evaluation in return on equity category among its peers.
Canadian Fundamentals
| Current Valuation | 11.53 B | |||
| Price To Book | 1.59 X | |||
| Price To Sales | 0.50 X | |||
| Revenue | 17.81 B | |||
| EBITDA | 2.41 B | |||
| Net Income | 1.04 B | |||
| Total Debt | 3.22 B | |||
| Cash Flow From Operations | 566 M | |||
| Price To Earnings To Growth | 1.49 X | |||
| Market Capitalization | 7.93 B | |||
| Total Asset | 22.1 B | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 22.1 B |
About Canadian Tire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Tire Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Tire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Tire Corp 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.
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Additional Tools for Canadian Stock Analysis
When running Canadian Tire's price analysis, check to measure Canadian Tire's 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 Canadian Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.