Boralex Price To Sales vs. Operating Margin
| BLX Stock | CAD 30.14 0.20 0.67% |
Boralex Price To Sales Ratio |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.6 | 0.6282 |
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| Operating Profit Margin | 0.21 | 0.2211 |
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For Boralex profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Boralex to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Boralex utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Boralex's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Boralex over time as well as its relative position and ranking within its peers.
Boralex |
Boralex Operating Margin vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Boralex's current stock value. Our valuation model uses many indicators to compare Boralex value to that of its competitors to determine the firm's financial worth. Boralex is rated second in price to sales category among its peers. It is rated third in operating margin category among its peers reporting about 0.06 of Operating Margin per Price To Sales. The ratio of Price To Sales to Operating Margin for Boralex is roughly 16.06 . At this time, Boralex's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Boralex by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Boralex'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.Boralex Operating Margin vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Boralex |
| = | 3.23 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Boralex |
| = | 0.20 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Boralex Operating Margin Comparison
Boralex is currently under evaluation in operating margin category among its peers.
Boralex Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Boralex, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Boralex will eventually generate negative long term returns. The profitability progress is the general direction of Boralex's change in net profit over the period of time. It can combine multiple indicators of Boralex, 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 | 112 M | 117.6 M | |
| Operating Income | 226 M | 237.3 M | |
| Total Other Income Expense Net | -72 M | -68.4 M | |
| Net Income | 78 M | 81.9 M | |
| Income Tax Expense | 39 M | 41 M | |
| Income Before Tax | 154 M | 161.7 M | |
| Net Income From Continuing Ops | 115 M | 120.8 M | |
| Net Income Applicable To Common Shares | 34.5 M | 36.2 M | |
| Interest Income | 16 M | 15.2 M | |
| Net Interest Income | -129 M | -135.4 M | |
| Change To Netincome | 73.6 M | 77.3 M | |
| Net Income Per Share | 0.76 | 0.80 | |
| Income Quality | 6.36 | 6.68 | |
| Net Income Per E B T | 0.51 | 0.84 |
Boralex Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Boralex. 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 Boralex 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 Boralex's important profitability drivers and their relationship over time.
Use Boralex 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 Boralex 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 Boralex will appreciate offsetting losses from the drop in the long position's value.Boralex Pair Trading
Boralex Pair Trading Analysis
The ability to find closely correlated positions to Boralex could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boralex 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 Boralex - 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 Boralex to buy it.
The correlation of Boralex 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 Boralex moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boralex 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 Boralex 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 Boralex position
In addition to having Boralex 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?
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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 Agriculture Theme or any other thematic opportunities.
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Other Information on Investing in Boralex Stock
To fully project Boralex's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Boralex 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 Boralex's income statement, its balance sheet, and the statement of cash flows.