EverGen Infrastructure Current Valuation vs. Cash Per Share
| EVGIF Stock | USD 1.25 0.00 0.00% |
For EverGen Infrastructure profitability analysis, we use financial ratios and fundamental drivers that measure the ability of EverGen Infrastructure to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well EverGen Infrastructure Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between EverGen Infrastructure's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of EverGen Infrastructure Corp over time as well as its relative position and ranking within its peers.
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EverGen Infrastructure Cash Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining EverGen Infrastructure's current stock value. Our valuation model uses many indicators to compare EverGen Infrastructure value to that of its competitors to determine the firm's financial worth. EverGen Infrastructure Corp is rated below average in current valuation category among its peers. It is one of the top stocks in cash per share category among its peers . The ratio of Current Valuation to Cash Per Share for EverGen Infrastructure Corp is about 15,827,901 . 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 EverGen Infrastructure's earnings, one of the primary drivers of an investment's value.EverGen Current Valuation vs. Competition
EverGen Infrastructure Corp is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities—Regulated Gas industry is currently estimated at about 143.11 Billion. EverGen Infrastructure adds roughly 19.78 Million in current valuation claiming only tiny portion of Utilities—Regulated Gas industry.
EverGen Cash Per Share 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.
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| = | 19.78 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 1.25 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
EverGen Cash Per Share Comparison
EverGen Infrastructure is currently under evaluation in cash per share category among its peers.
EverGen Infrastructure Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in EverGen Infrastructure, profitability is also one of the essential criteria for including it into their portfolios because, without profit, EverGen Infrastructure will eventually generate negative long term returns. The profitability progress is the general direction of EverGen Infrastructure's change in net profit over the period of time. It can combine multiple indicators of EverGen Infrastructure, 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.
EverGen Infrastructure Corp. acquires, develops, builds, owns, and operates a portfolio of renewable natural gas, waste to energy, and related infrastructure projects in British Columbia. The company was incorporated in 2020 and is headquartered in Vancouver, Canada. Evergen Infrastructure is traded on OTC Exchange in the United States.
EverGen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on EverGen Infrastructure. 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 EverGen Infrastructure 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 EverGen Infrastructure's important profitability drivers and their relationship over time.
Use EverGen Infrastructure 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 EverGen Infrastructure 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 EverGen Infrastructure will appreciate offsetting losses from the drop in the long position's value.EverGen Infrastructure Pair Trading
EverGen Infrastructure Corp Pair Trading Analysis
The ability to find closely correlated positions to EverGen Infrastructure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EverGen Infrastructure 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 EverGen Infrastructure - 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 EverGen Infrastructure Corp to buy it.
The correlation of EverGen Infrastructure 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 EverGen Infrastructure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EverGen Infrastructure 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 EverGen Infrastructure 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 EverGen Infrastructure position
In addition to having EverGen Infrastructure 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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Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods 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 Consumer Goods Theme or any other thematic opportunities.
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Other Information on Investing in EverGen OTC Stock
To fully project EverGen Infrastructure's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of EverGen Infrastructure 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 EverGen Infrastructure's income statement, its balance sheet, and the statement of cash flows.