Diversified Royalty Return On Asset vs. EBITDA
Based on the key profitability measurements obtained from Diversified Royalty's financial statements, Diversified Royalty Corp is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in December. Profitability indicators assess Diversified Royalty's ability to earn profits and add value for shareholders. As of the 29th of November 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.57, while Price To Sales Ratio is likely to drop 6.55. At this time, Diversified Royalty's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 29th of November 2024, Net Income Per Share is likely to grow to 0.23, though Total Other Income Expense Net is likely to grow to (6.9 M).
Check out Investing Opportunities 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 board of governors.
Please note, there is a significant difference between Diversified Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diversified Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diversified Royalty'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.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.52 | 0.9982 |
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For Diversified Royalty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Diversified Royalty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Diversified Royalty Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Diversified Royalty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Diversified Royalty Corp over time as well as its relative position and ranking within its peers.
Diversified |
Diversified Royalty Corp EBITDA vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Diversified Royalty's current stock value. Our valuation model uses many indicators to compare Diversified Royalty value to that of its competitors to determine the firm's financial worth. Diversified Royalty Corp is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in ebitda category among its peers totaling about 851,739,130 of EBITDA per Return On Asset. At this time, Diversified Royalty's EBITDA is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Diversified Royalty by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Diversified Royalty'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.Diversified EBITDA 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.
Diversified Royalty |
| = | 0.069 |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Diversified Royalty |
| = | 58.77 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Diversified EBITDA Comparison
Diversified Royalty is currently under evaluation in ebitda category among its peers.
Diversified Royalty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Diversified Royalty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Diversified Royalty will eventually generate negative long term returns. The profitability progress is the general direction of Diversified Royalty's change in net profit over the period of time. It can combine multiple indicators of Diversified Royalty, 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 | 4.9 M | 5.1 M | |
| Operating Income | 50.8 M | 53.4 M | |
| Income Before Tax | 43.6 M | 45.8 M | |
| Total Other Income Expense Net | -7.2 M | -6.9 M | |
| Net Income | 31.7 M | 33.3 M | |
| Income Tax Expense | 11.9 M | 12.5 M | |
| Net Income From Continuing Ops | 31.7 M | 33.3 M | |
| Net Income Applicable To Common Shares | 17.9 M | 18.8 M | |
| Interest Income | 243 K | 230.8 K | |
| Net Interest Income | -15 M | -14.2 M | |
| Change To Netincome | 17 M | 8.5 M | |
| Net Income Per Share | 0.22 | 0.23 | |
| Income Quality | 0.97 | 1.02 | |
| Net Income Per E B T | 0.73 | 0.76 |
Diversified Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Diversified Royalty. 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 Diversified Royalty 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 Diversified Royalty's important profitability drivers and their relationship over time.
Use Diversified Royalty 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 Diversified Royalty 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 Diversified Royalty will appreciate offsetting losses from the drop in the long position's value.Diversified Royalty Pair Trading
Diversified Royalty Corp Pair Trading Analysis
The ability to find closely correlated positions to Northrop Grumman could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northrop Grumman 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 Northrop Grumman - 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 Northrop Grumman to buy it.
The correlation of Northrop Grumman 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 Northrop Grumman moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northrop Grumman 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 Northrop Grumman 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 Diversified Royalty position
In addition to having Diversified Royalty 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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Small Cap ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small Cap ETFs theme has 167 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 Small Cap ETFs Theme or any other thematic opportunities.
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Check out Investing Opportunities 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 board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Other Tools for Diversified Stock
When running Diversified Royalty's price analysis, check to measure Diversified Royalty'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 Diversified Royalty is operating at the current time. Most of Diversified Royalty's value examination focuses on studying past and present price action to predict the probability of Diversified Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diversified Royalty's price. Additionally, you may evaluate how the addition of Diversified Royalty to your portfolios can decrease your overall portfolio volatility.
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