Boyd Group Price To Earning vs. Revenue
| BYD Stock | CAD 216.06 1.17 0.54% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.36 | 0.4549 |
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| Operating Profit Margin | 0.0614 | 0.0595 |
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For Boyd Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Boyd Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Boyd Group Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Boyd Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Boyd Group Services over time as well as its relative position and ranking within its peers.
Boyd |
Boyd Group Services Revenue vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Boyd Group's current stock value. Our valuation model uses many indicators to compare Boyd Group value to that of its competitors to determine the firm's financial worth. Boyd Group Services is number one stock in price to earning category among its peers. It also is the top company in revenue category among its peers totaling about 49,851,575 of Revenue per Price To Earning. At this time, Boyd Group'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 Boyd Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Boyd Group'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.Boyd Revenue vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Boyd Group |
| = | 79.76 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Boyd Group |
| = | 3.98 B |
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.
Boyd Revenue vs Competition
Boyd Group Services is the top company in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is currently estimated at about 23.04 Billion. Boyd Group retains roughly 3.98 Billion in revenue claiming about 17% of stocks in Consumer Discretionary industry.
Boyd Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Boyd Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Boyd Group will eventually generate negative long term returns. The profitability progress is the general direction of Boyd Group's change in net profit over the period of time. It can combine multiple indicators of Boyd Group, 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 | 76.9 M | 80.7 M | |
| Operating Income | 236.7 M | 248.6 M | |
| Income Before Tax | 161.3 M | 169.4 M | |
| Total Other Income Expense Net | -75.4 M | -71.6 M | |
| Net Income | 117 M | 122.8 M | |
| Income Tax Expense | 44.4 M | 46.6 M | |
| Net Income Applicable To Common Shares | 47.1 M | 45.5 M | |
| Net Interest Income | -51.7 M | -49.1 M | |
| Net Income From Continuing Ops | 86.7 M | 60.4 M | |
| Change To Netincome | 56.6 M | 43.8 M | |
| Net Income Per Share | 4.04 | 4.24 | |
| Income Quality | 4.13 | 4.33 | |
| Net Income Per E B T | 0.73 | 1.22 |
Boyd Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Boyd Group. 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 Boyd Group 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 Boyd Group's important profitability drivers and their relationship over time.
Use Boyd Group 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 Boyd Group 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 Boyd Group will appreciate offsetting losses from the drop in the long position's value.Boyd Group Pair Trading
Boyd Group Services Pair Trading Analysis
The ability to find closely correlated positions to Boyd Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boyd Group 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 Boyd Group - 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 Boyd Group Services to buy it.
The correlation of Boyd Group 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 Boyd Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boyd Group Services 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 Boyd Group 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 Boyd Group position
In addition to having Boyd Group 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sector ETFs theme has 439 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 Sector ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Boyd Stock
To fully project Boyd Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Boyd Group Services 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 Boyd Group's income statement, its balance sheet, and the statement of cash flows.