Calian Technologies Price To Earning vs. Return On Equity
| CGY Stock | CAD 47.56 0.42 0.88% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.36 | 0.3402 |
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| Operating Profit Margin | 0.0496 | 0.0513 |
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| Pretax Profit Margin | 0.0498 | 0.0299 |
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For Calian Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Calian Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Calian Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Calian Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Calian Technologies over time as well as its relative position and ranking within its peers.
Calian |
Calian Technologies Return On Equity vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Calian Technologies's current stock value. Our valuation model uses many indicators to compare Calian Technologies value to that of its competitors to determine the firm's financial worth. Calian Technologies is number one stock in price to earning category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Price To Earning to Return On Equity for Calian Technologies is about 494.78 . At this time, Calian Technologies' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Calian Technologies by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Calian Technologies' 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.Calian Return On Equity 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.
Calian Technologies |
| = | 25.58 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.
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.
Calian Technologies |
| = | 0.0517 |
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.
Calian Return On Equity Comparison
Calian Technologies is currently under evaluation in return on equity category among its peers.
Calian Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Calian Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Calian Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Calian Technologies' change in net profit over the period of time. It can combine multiple indicators of Calian Technologies, 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 | 1.3 M | 1.3 M | |
| Operating Income | 43.2 M | 45.4 M | |
| Income Before Tax | 34.5 M | 17.5 M | |
| Total Other Income Expense Net | -6.8 M | -6.5 M | |
| Net Income | 21.7 M | 11.1 M | |
| Income Tax Expense | 12.7 M | 13.4 M | |
| Net Income From Continuing Ops | 21.7 M | 16.4 M | |
| Net Income Applicable To Common Shares | 15.6 M | 16 M | |
| Interest Income | 857.9 K | 900.8 K | |
| Net Interest Income | -806.4 K | -766.1 K | |
| Change To Netincome | 18.7 M | 19.6 M | |
| Net Income Per Share | 0.94 | 0.97 | |
| Income Quality | 7.80 | 8.19 | |
| Net Income Per E B T | 0.50 | 0.53 |
Calian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Calian Technologies. 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 Calian Technologies 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 Calian Technologies' important profitability drivers and their relationship over time.
Use Calian Technologies 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 Calian Technologies 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 Calian Technologies will appreciate offsetting losses from the drop in the long position's value.Calian Technologies Pair Trading
Calian Technologies Pair Trading Analysis
The ability to find closely correlated positions to Calian Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calian Technologies 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 Calian Technologies - 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 Calian Technologies to buy it.
The correlation of Calian Technologies 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 Calian Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calian Technologies 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 Calian Technologies 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 Calian Technologies position
In addition to having Calian Technologies 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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Other Information on Investing in Calian Stock
To fully project Calian Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Calian Technologies 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 Calian Technologies' income statement, its balance sheet, and the statement of cash flows.