| CCL-A Stock | | | CAD 77.99 0.03 0.04% |
Based on CCL Industries' profitability indicators, CCL Industries may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess CCL Industries' ability to earn profits and add value for shareholders.
Sales General And Administrative To Revenue is likely to gain to 0.02 in 2024, whereas
Price To Sales Ratio is likely to drop 0.87 in 2024. At this time, CCL Industries'
Operating Income is comparatively stable compared to the past year.
Income Before Tax is likely to gain to about 767.4
M in 2024, whereas
Net Interest Income is likely to drop (81.9
M) in 2024.
For CCL Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CCL Industries to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well CCL Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CCL Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CCL Industries 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 CCL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if CCL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CCL Industries' 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.
CCL Industries Return On Equity vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining CCL Industries's current stock value. Our valuation model uses many indicators to compare CCL Industries value to that of its competitors to determine the firm's financial worth.
CCL Industries is the top company in current valuation category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Current Valuation to Return On Equity for CCL Industries is about
107,453,294,288 . At this time, CCL Industries' Return On Equity is comparatively 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 CCL Industries' earnings, one of the primary drivers of an investment's value.
CCL Current Valuation vs. Competition
CCL Industries is the top company in current valuation category among its peers. After adjusting for long-term liabilities,
total market size of
Materials industry is currently estimated at about 118.89 Billion. CCL Industries retains roughly 15.46 Billion in current valuation claiming about 13% of all equities under Materials industry.
CCL Return On Equity vs. Current Valuation
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.
CCL Industries | Enterprise Value | = | Market Cap + Debt | - | Cash |
| = | 15.46 B |
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.
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.
CCL Industries | Return On Equity | = | Net IncomeTotal Equity |
| = | 0.14 |
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.
CCL Return On Equity Comparison
CCL Industries is currently under evaluation in return on equity category among its peers.
CCL Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CCL Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CCL Industries will eventually generate negative long term returns. The profitability progress is the general direction of CCL Industries' change in net profit over the period of time. It can combine
multiple indicators of CCL Industries, 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.
CCL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on CCL Industries. 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 CCL Industries 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 CCL Industries' important profitability drivers and their relationship over time.
Use CCL Industries 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 CCL Industries 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 CCL Industries will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to CCL Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CCL Industries 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 CCL Industries - 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 CCL Industries to buy it.
The correlation of CCL Industries 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 CCL Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CCL Industries 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 CCL Industries 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 CCL Industries position
In addition to having CCL Industries 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.
Cannabis
Equities that are involved in production and delivery of legal cannabis. This theme is designed for investors that are willing to accept higher levels of market risk inherited by cannabis production and distribution globally. The Cannabis theme has 30 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
Cannabis Theme or any other
thematic opportunities.
Additional Tools for CCL Stock Analysis
When running CCL Industries' price analysis, check to
measure CCL Industries' 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 CCL Industries is operating at the current time. Most of CCL Industries' value examination focuses on studying past and present price action to
predict the probability of CCL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCL Industries' price. Additionally, you may evaluate how the addition of CCL Industries to your portfolios can decrease your overall portfolio volatility.
