Black Diamond Revenue vs. Current Valuation
| BDI Stock | CAD 8.70 0.10 1.14% |
Total Revenue | First Reported 2007-03-31 | Previous Quarter 95.5 M | Current Value 101.2 M | Quarterly Volatility 29.5 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.55 | 0.4433 |
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For Black Diamond profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Black Diamond to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Black Diamond Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Black Diamond's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Black Diamond Group over time as well as its relative position and ranking within its peers.
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Black Diamond Group Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Black Diamond's current stock value. Our valuation model uses many indicators to compare Black Diamond value to that of its competitors to determine the firm's financial worth. Black Diamond Group is rated third in revenue category among its peers. It also is rated third in current valuation category among its peers reporting about 2.00 of Current Valuation per Revenue. At this time, Black Diamond's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Black Diamond by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Black Diamond'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.Black Revenue vs. Competition
Black Diamond Group is rated third in revenue category among its peers. Market size based on revenue of Industrials industry is currently estimated at about 15.46 Billion. Black Diamond holds roughly 393.5 Million in revenue claiming about 2.54% of equities under Industrials industry.
Black Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Black Diamond |
| = | 393.5 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Black Diamond |
| = | 786.35 M |
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.
Black Current Valuation vs Competition
Black Diamond Group is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is currently estimated at about 10.26 Billion. Black Diamond holds roughly 786.35 Million in current valuation claiming about 8% of equities under Industrials industry.
Black Diamond Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Black Diamond, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Black Diamond will eventually generate negative long term returns. The profitability progress is the general direction of Black Diamond's change in net profit over the period of time. It can combine multiple indicators of Black Diamond, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 13.7 M | 14.4 M | |
| Operating Income | 98.8 M | 103.8 M | |
| Total Other Income Expense Net | -58.3 M | -55.3 M | |
| Net Income | 30.4 M | 31.9 M | |
| Income Tax Expense | 9.1 M | 9.5 M | |
| Income Before Tax | 40.5 M | 42.6 M | |
| Net Income From Continuing Ops | 31.5 M | 33 M | |
| Net Income Applicable To Common Shares | 23.7 M | 24.9 M | |
| Interest Income | 9.9 M | 7.2 M | |
| Net Interest Income | -13.8 M | -13.1 M | |
| Change To Netincome | 26 M | 29.7 M | |
| Net Income Per Share | 0.50 | 0.29 | |
| Income Quality | 4.38 | 4.60 | |
| Net Income Per E B T | 0.75 | 0.56 |
Black Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Black Diamond. 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 Black Diamond 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 Black Diamond's important profitability drivers and their relationship over time.
Use Black Diamond 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 Black Diamond 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 Black Diamond will appreciate offsetting losses from the drop in the long position's value.Black Diamond Pair Trading
Black Diamond Group Pair Trading Analysis
The ability to find closely correlated positions to Black Diamond could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Black Diamond 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 Black Diamond - 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 Black Diamond Group to buy it.
The correlation of Black Diamond 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 Black Diamond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Black Diamond Group 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 Black Diamond 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.Use Investing Themes to Complement your Black Diamond position
In addition to having Black Diamond in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Farming Thematic Idea Now
Farming
Companies producing farming products and providing services for farmers. The Farming theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Farming Theme or any other thematic opportunities.
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Other Information on Investing in Black Stock
To fully project Black Diamond's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Black Diamond Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Black Diamond's income statement, its balance sheet, and the statement of cash flows.