Defiance Silver Return On Asset vs. Current Valuation
| DEF Stock | CAD 0.22 0.01 4.76% |
For Defiance Silver profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Defiance Silver to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Defiance Silver Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Defiance Silver's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Defiance Silver Corp over time as well as its relative position and ranking within its peers.
Defiance |
Defiance Silver Corp Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Defiance Silver's current stock value. Our valuation model uses many indicators to compare Defiance Silver value to that of its competitors to determine the firm's financial worth. Defiance Silver Corp is rated # 2 in return on asset category among its peers. It is rated # 5 in current valuation category among its peers . 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 Defiance Silver's earnings, one of the primary drivers of an investment's value.Defiance Current Valuation vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Defiance Silver |
| = | -0.0283 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Defiance Silver |
| = | 57.29 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.
Defiance Current Valuation vs Competition
Defiance Silver Corp is rated # 5 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 4.68 Billion. Defiance Silver claims roughly 57.29 Million in current valuation contributing just under 2% to all equities under Materials industry.
Defiance Silver Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Defiance Silver, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Defiance Silver will eventually generate negative long term returns. The profitability progress is the general direction of Defiance Silver's change in net profit over the period of time. It can combine multiple indicators of Defiance Silver, 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 | 7.1 M | 7.5 M | |
| Operating Income | -2.1 M | -2 M | |
| Net Loss | -2.3 M | -2.2 M | |
| Income Tax Expense | -685.1 K | -650.8 K | |
| Income Before Tax | -2.3 M | -2.5 M | |
| Total Other Income Expense Net | -319.5 K | -335.5 K | |
| Net Loss | -2.3 M | -2.5 M | |
| Net Loss | -3.5 M | -3.3 M | |
| Net Interest Income | 84.6 K | 47 K | |
| Interest Income | 84.6 K | 49.1 K | |
| Change To Netincome | 2.1 M | 2.2 M | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.62 | 0.59 | |
| Net Income Per E B T | 0.91 | 0.82 |
Defiance Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Defiance Silver. 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 Defiance Silver 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 Defiance Silver's important profitability drivers and their relationship over time.
Use Defiance Silver 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 Defiance Silver 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 Defiance Silver will appreciate offsetting losses from the drop in the long position's value.Defiance Silver Pair Trading
Defiance Silver Corp Pair Trading Analysis
The ability to find closely correlated positions to Defiance Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Defiance Silver 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 Defiance Silver - 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 Defiance Silver Corp to buy it.
The correlation of Defiance Silver 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 Defiance Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Defiance Silver Corp 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 Defiance Silver 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 Defiance Silver position
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Additional Tools for Defiance Stock Analysis
When running Defiance Silver's price analysis, check to measure Defiance Silver'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 Defiance Silver is operating at the current time. Most of Defiance Silver's value examination focuses on studying past and present price action to predict the probability of Defiance Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Defiance Silver's price. Additionally, you may evaluate how the addition of Defiance Silver to your portfolios can decrease your overall portfolio volatility.