Cadiz Current Valuation vs. Cash Per Share
Based on the key profitability measurements obtained from Cadiz's financial statements, Cadiz Inc 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 Cadiz's ability to earn profits and add value for shareholders. As of now, Cadiz's Days Sales Outstanding is decreasing as compared to previous years. The Cadiz's current Sales General And Administrative To Revenue is estimated to increase to 14.30, while Price To Sales Ratio is projected to decrease to 87.72. As of now, Cadiz's Change To Netincome is increasing as compared to previous years. The Cadiz's current Net Income Per E B T is estimated to increase to 1.17, while Accumulated Other Comprehensive Income is projected to decrease to (945.00).
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For Cadiz profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cadiz to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cadiz Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cadiz's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cadiz Inc over time as well as its relative position and ranking within its peers.
Cadiz |
Is Water Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cadiz. If investors know Cadiz will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cadiz listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cadiz Inc is measured differently than its book value, which is the value of Cadiz that is recorded on the company's balance sheet. Investors also form their own opinion of Cadiz's value that differs from its market value or its book value, called intrinsic value, which is Cadiz's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cadiz's market value can be influenced by many factors that don't directly affect Cadiz's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cadiz's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cadiz is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadiz'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.
Cadiz Inc Cash Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cadiz's current stock value. Our valuation model uses many indicators to compare Cadiz value to that of its competitors to determine the firm's financial worth. Cadiz Inc is rated below average in current valuation category among its peers. It is rated below average in cash per share category among its peers . The ratio of Current Valuation to Cash Per Share for Cadiz Inc is about 3,317,671,742 . As of now, Cadiz's Cash Per Share is decreasing as compared to previous years. 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 Cadiz's earnings, one of the primary drivers of an investment's value.Cadiz Current Valuation vs. Competition
Cadiz Inc is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities industry is currently estimated at about 15.57 Billion. Cadiz holds roughly 398.12 Million in current valuation claiming about 2.56% of Utilities industry.
Cadiz Cash Per Share 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.
Cadiz |
| = | 398.12 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Cadiz |
| = | 0.12 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Cadiz Cash Per Share Comparison
Cadiz is currently under evaluation in cash per share category among its peers.
Cadiz Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cadiz, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cadiz will eventually generate negative long term returns. The profitability progress is the general direction of Cadiz's change in net profit over the period of time. It can combine multiple indicators of Cadiz, 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 | (900.00) | (945.00) | |
| Operating Income | -20.9 M | -19.9 M | |
| Income Before Tax | -31.4 M | -29.9 M | |
| Total Other Income Expense Net | -10.5 M | -11 M | |
| Net Loss | -31.4 M | -29.9 M | |
| Income Tax Expense | 11 K | 10.4 K | |
| Net Loss | -31.5 M | -33.1 M | |
| Net Loss | -26.9 M | -28.3 M | |
| Non Operating Income Net Other | -13.1 M | -12.4 M | |
| Interest Income | 631 K | 599.5 K | |
| Net Interest Income | -5.8 M | -6 M | |
| Change To Netincome | 4.3 M | 6.5 M | |
| Net Loss | (0.48) | (0.50) | |
| Income Quality | 0.67 | 0.54 | |
| Net Income Per E B T | 1.00 | 1.17 |
Cadiz Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cadiz. 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 Cadiz 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 Cadiz's important profitability drivers and their relationship over time.
Use Cadiz 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 Cadiz 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 Cadiz will appreciate offsetting losses from the drop in the long position's value.Cadiz Pair Trading
Cadiz Inc Pair Trading Analysis
The ability to find closely correlated positions to Cadiz could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadiz 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 Cadiz - 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 Cadiz Inc to buy it.
The correlation of Cadiz 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 Cadiz moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadiz Inc 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 Cadiz 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 Cadiz position
In addition to having Cadiz 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 Business Services Thematic Idea Now
Business Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 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 Business Services Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Tools for Cadiz Stock
When running Cadiz's price analysis, check to measure Cadiz'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 Cadiz is operating at the current time. Most of Cadiz's value examination focuses on studying past and present price action to predict the probability of Cadiz's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadiz's price. Additionally, you may evaluate how the addition of Cadiz to your portfolios can decrease your overall portfolio volatility.
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