Crombie Real Return On Equity vs. Price To Book
| CRR-UN Stock | CAD 14.33 0.05 0.35% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.05415701 | Current Value 0.0491 | Quarterly Volatility 0.03783609 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.53 | 0.6545 |
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| Operating Profit Margin | 0.34 | 0.5926 |
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| Pretax Profit Margin | 0.17 | 0.2224 |
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For Crombie Real profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Crombie Real to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Crombie Real Estate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Crombie Real's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Crombie Real Estate over time as well as its relative position and ranking within its peers.
Crombie |
Crombie Real Estate Price To Book vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Crombie Real's current stock value. Our valuation model uses many indicators to compare Crombie Real value to that of its competitors to determine the firm's financial worth. Crombie Real Estate is rated fourth in return on equity category among its peers. It is rated third in price to book category among its peers fabricating about 24.52 of Price To Book per Return On Equity. At present, Crombie Real's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Crombie Real by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Crombie Real'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.Crombie Price To Book vs. Return On Equity
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.
Crombie Real |
| = | 0.0595 |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Crombie Real |
| = | 1.46 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Crombie Price To Book Comparison
Crombie Real is currently under evaluation in price to book category among its peers.
Crombie Real Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Crombie Real, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Crombie Real will eventually generate negative long term returns. The profitability progress is the general direction of Crombie Real's change in net profit over the period of time. It can combine multiple indicators of Crombie Real, 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 | 6.4 M | 6.1 M | |
| Operating Income | 185 M | 148.8 M | |
| Income Before Tax | 98.8 M | 81.2 M | |
| Total Other Income Expense Net | 732 K | 768.6 K | |
| Net Loss | -59.3 M | -56.3 M | |
| Income Tax Expense | 6 K | 6.3 K | |
| Net Income From Continuing Ops | 98.8 M | 122.1 M | |
| Net Income Applicable To Common Shares | 193 M | 123.5 M | |
| Net Interest Income | -86.3 M | -90.6 M | |
| Interest Income | 537 K | 535.7 K | |
| Change To Netincome | -41.1 M | -43.2 M | |
| Net Income Per Share | 0.55 | 0.47 | |
| Income Quality | (4.05) | (4.25) | |
| Net Income Per E B T | 1.00 | 0.67 |
Crombie Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Crombie Real. 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 Crombie Real 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 Crombie Real's important profitability drivers and their relationship over time.
Use Crombie Real 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 Crombie Real 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 Crombie Real will appreciate offsetting losses from the drop in the long position's value.Crombie Real Pair Trading
Crombie Real Estate Pair Trading Analysis
The ability to find closely correlated positions to Crombie Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Crombie Real 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 Crombie Real - 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 Crombie Real Estate to buy it.
The correlation of Crombie Real 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 Crombie Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Crombie Real Estate 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 Crombie Real 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 Crombie Real position
In addition to having Crombie Real 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 Crombie Stock
To fully project Crombie Real's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Crombie Real Estate 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 Crombie Real's income statement, its balance sheet, and the statement of cash flows.