AbraSilver Resource Return On Equity vs. Price To Book

ABRA Stock  CAD 2.76  0.11  4.15%   
Based on the measurements of profitability obtained from AbraSilver Resource's financial statements, AbraSilver Resource Corp may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess AbraSilver Resource's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
(0.88)
Current Value
(0.83)
Quarterly Volatility
3.3281718
 
Credit Downgrade
 
Yuan Drop
 
Covid
Price To Sales Ratio is likely to drop to 0.42 in 2024. Days Sales Outstanding is likely to drop to 28.02 in 2024. At this time, AbraSilver Resource's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 11.2 M in 2024, despite the fact that Income Before Tax is likely to grow to (17.9 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.520.5802
Moderately Down
Slightly volatile
For AbraSilver Resource profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AbraSilver Resource to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AbraSilver Resource Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AbraSilver Resource's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AbraSilver Resource Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between AbraSilver Resource's value and its price as these two are different measures arrived at by different means. Investors typically determine if AbraSilver Resource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AbraSilver Resource's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

AbraSilver Resource Corp Price To Book vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining AbraSilver Resource's current stock value. Our valuation model uses many indicators to compare AbraSilver Resource value to that of its competitors to determine the firm's financial worth.
AbraSilver Resource Corp is rated fifth in return on equity category among its peers. It is number one stock in price to book category among its peers . At this time, AbraSilver Resource's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AbraSilver Resource's earnings, one of the primary drivers of an investment's value.

AbraSilver Price To Book vs. Return On Equity

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.

AbraSilver Resource

Return On Equity

 = 

Net Income

Total Equity

 = 
-0.37
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

AbraSilver Resource

P/B

 = 

MV Per Share

BV Per Share

 = 
9.25 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

AbraSilver Price To Book Comparison

AbraSilver Resource is currently under evaluation in price to book category among its peers.

AbraSilver Resource Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in AbraSilver Resource, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AbraSilver Resource will eventually generate negative long term returns. The profitability progress is the general direction of AbraSilver Resource's change in net profit over the period of time. It can combine multiple indicators of AbraSilver Resource, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income7.7 M8.1 M
Operating Income-29.5 M-28 M
Income Before Tax-18.8 M-17.9 M
Total Other Income Expense Net10.7 M11.2 M
Net Loss-18.8 M-17.9 M
Income Tax Expense 4.00  4.20 
Net Loss-18.8 M-17.9 M
Net Loss-17 M-16.1 M
Net Interest Income-626.5 K-595.1 K
Interest Income361.8 K244.9 K
Change To Netincome-405.8 K-426 K
Net Loss(0.17)(0.18)
Income Quality 1.47  1.54 
Net Income Per E B T 1.19  1.03 

AbraSilver Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on AbraSilver Resource. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of AbraSilver Resource position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the AbraSilver Resource's important profitability drivers and their relationship over time.

Use AbraSilver Resource in pair-trading

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 AbraSilver Resource 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 AbraSilver Resource will appreciate offsetting losses from the drop in the long position's value.

AbraSilver Resource Pair Trading

AbraSilver Resource Corp Pair Trading Analysis

The ability to find closely correlated positions to AbraSilver Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AbraSilver Resource 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 AbraSilver Resource - 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 AbraSilver Resource Corp to buy it.
The correlation of AbraSilver Resource 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 AbraSilver Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AbraSilver Resource Corp 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 AbraSilver Resource 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your AbraSilver Resource position

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Restaraunts Hotels Motels
Restaraunts Hotels Motels Theme
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Additional Tools for AbraSilver Stock Analysis

When running AbraSilver Resource's price analysis, check to measure AbraSilver Resource'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 AbraSilver Resource is operating at the current time. Most of AbraSilver Resource's value examination focuses on studying past and present price action to predict the probability of AbraSilver Resource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AbraSilver Resource's price. Additionally, you may evaluate how the addition of AbraSilver Resource to your portfolios can decrease your overall portfolio volatility.