EMX Royalty Current Valuation vs. Net Income
| EMX Stock | CAD 2.52 0.02 0.80% |
For EMX Royalty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EMX Royalty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EMX Royalty Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EMX Royalty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EMX Royalty Corp over time as well as its relative position and ranking within its peers.
EMX |
EMX Royalty Corp Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EMX Royalty's current stock value. Our valuation model uses many indicators to compare EMX Royalty value to that of its competitors to determine the firm's financial worth. EMX Royalty Corp is rated as one of the top companies in current valuation category among its peers. It is rated # 3 in net income category among its peers . EMX Royalty reported Net Loss of (6.25 Million) in 2023. 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 EMX Royalty's earnings, one of the primary drivers of an investment's value.EMX Current Valuation vs. Competition
EMX Royalty Corp is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 402.42 Million. EMX Royalty totals roughly 280.63 Million in current valuation claiming about 70% of all equities under Materials industry.
EMX Net Income 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.
EMX Royalty |
| = | 280.63 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
EMX Royalty |
| = | (6.25 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
EMX Net Income Comparison
EMX Royalty is currently under evaluation in net income category among its peers.
EMX Royalty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EMX Royalty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EMX Royalty will eventually generate negative long term returns. The profitability progress is the general direction of EMX Royalty's change in net profit over the period of time. It can combine multiple indicators of EMX 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 | 24.6 M | 13.1 M | |
| Operating Income | -4.6 M | -4.8 M | |
| Net Loss | -6.3 M | -6.6 M | |
| Income Tax Expense | 1.7 M | 1.8 M | |
| Income Before Tax | -10.2 M | -9.7 M | |
| Total Other Income Expense Net | -5.6 M | -5.3 M | |
| Net Loss | -4.6 M | -4.9 M | |
| Net Income Applicable To Common Shares | 3.9 M | 4 M | |
| Net Interest Income | -3.5 M | -3.4 M | |
| Interest Income | 1.5 M | 1.1 M | |
| Change To Netincome | 12.2 M | 12.8 M | |
| Net Loss | (0.06) | (0.06) | |
| Income Quality | (3.14) | (2.98) | |
| Net Income Per E B T | 1.81 | 1.90 |
EMX Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EMX 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 EMX 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 EMX Royalty's important profitability drivers and their relationship over time.
Use EMX 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 EMX 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 EMX Royalty will appreciate offsetting losses from the drop in the long position's value.EMX Royalty Pair Trading
EMX Royalty Corp Pair Trading Analysis
The ability to find closely correlated positions to EMX Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EMX Royalty 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 EMX Royalty - 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 EMX Royalty Corp to buy it.
The correlation of EMX Royalty 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 EMX Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EMX Royalty 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 EMX Royalty 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 EMX Royalty position
In addition to having EMX 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?
Run Furniture Thematic Idea Now
Furniture
Companies producing and selling home and office furniture. The Furniture theme has 42 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 Furniture Theme or any other thematic opportunities.
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Additional Tools for EMX Stock Analysis
When running EMX Royalty's price analysis, check to measure EMX 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 EMX Royalty is operating at the current time. Most of EMX Royalty's value examination focuses on studying past and present price action to predict the probability of EMX 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 EMX Royalty's price. Additionally, you may evaluate how the addition of EMX Royalty to your portfolios can decrease your overall portfolio volatility.