Equitable Net Income vs. Current Valuation
| EQB Stock | CAD 111.33 0.76 0.69% |
Net Income | First Reported 2004-04-30 | Previous Quarter 105.4 M | Current Value 111.9 M | Quarterly Volatility 31.3 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Profit Margin | 0.48 | 0.4 |
|
| |||||
| Operating Profit Margin | 2.04 | 1.84 |
|
| |||||
| Pretax Profit Margin | 0.67 | 0.54 |
|
| |||||
| Return On Assets | 0.0093 | 0.0061 |
|
| |||||
| Return On Equity | 0.17 | 0.12 |
|
|
For Equitable profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Equitable to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Equitable Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Equitable's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Equitable Group over time as well as its relative position and ranking within its peers.
Equitable |
Equitable Group Current Valuation vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Equitable's current stock value. Our valuation model uses many indicators to compare Equitable value to that of its competitors to determine the firm's financial worth. Equitable Group is rated # 2 in net income category among its peers. It also is rated # 2 in current valuation category among its peers reporting about 42.88 of Current Valuation per Net Income. At this time, Equitable's Net Income is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Equitable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Equitable'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.Equitable Current Valuation vs. Net Income
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.
Equitable |
| = | 445.91 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.
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.
Equitable |
| = | 19.12 B |
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.
Equitable Current Valuation vs Competition
Equitable Group is rated # 2 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 110.67 Billion. Equitable retains roughly 19.12 Billion in current valuation claiming about 17% of equities under Financials industry.
Equitable Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Equitable, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Equitable will eventually generate negative long term returns. The profitability progress is the general direction of Equitable's change in net profit over the period of time. It can combine multiple indicators of Equitable, 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 | -4.6 M | -4.9 M | |
| Operating Income | 1.4 B | 1.5 B | |
| Income Before Tax | 692.8 M | 727.5 M | |
| Total Other Income Expense Net | 692.8 M | 727.5 M | |
| Net Income | 512.8 M | 538.4 M | |
| Income Tax Expense | 180.1 M | 189.1 M | |
| Net Income From Continuing Ops | 310.7 M | 196.2 M | |
| Net Income Applicable To Common Shares | 304.3 M | 191.1 M | |
| Net Interest Income | 846 M | 475.3 M | |
| Interest Income | 1.9 B | 1.1 B | |
| Change To Netincome | 3.8 M | 3.6 M | |
| Net Income Per Share | 7.01 | 7.36 | |
| Income Quality | 0.10 | 0.09 | |
| Net Income Per E B T | 0.66 | 0.58 |
Equitable Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Equitable. 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 Equitable 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 Equitable's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Equitable without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio File Import Now
Portfolio File ImportQuickly import all of your third-party portfolios from your local drive in csv format |
| All Next | Launch Module |
Use Investing Themes to Complement your Equitable position
In addition to having Equitable 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 Personal Services Thematic Idea Now
Personal Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 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 Personal Services Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Equitable Stock
To fully project Equitable's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Equitable Group 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 Equitable's income statement, its balance sheet, and the statement of cash flows.