Evertz Technologies Profit Margin vs. Cash Per Share
| EVTZF Stock | USD 8.68 0.00 0.00% |
For Evertz Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Evertz Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Evertz Technologies Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Evertz Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Evertz Technologies Limited over time as well as its relative position and ranking within its peers.
Evertz |
Evertz Technologies Cash Per Share vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Evertz Technologies's current stock value. Our valuation model uses many indicators to compare Evertz Technologies value to that of its competitors to determine the firm's financial worth. Evertz Technologies Limited is one of the top stocks in profit margin category among its peers. It also is one of the top stocks in cash per share category among its peers fabricating about 2.93 of Cash Per Share per Profit Margin. 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 Evertz Technologies' earnings, one of the primary drivers of an investment's value.Evertz Cash Per Share vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
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| = | 0.16 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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.
Evertz Technologies |
| = | 0.48 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.
Evertz Cash Per Share Comparison
Evertz Technologies is currently under evaluation in cash per share category among its peers.
Evertz Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Evertz Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Evertz Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Evertz Technologies' change in net profit over the period of time. It can combine multiple indicators of Evertz Technologies, 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.
Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company was founded in 1966 and is headquartered in Burlington, Canada. Evertz Technologies is traded on OTC Exchange in the United States.
Evertz Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Evertz Technologies. 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 Evertz Technologies 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 Evertz Technologies' important profitability drivers and their relationship over time.
Use Evertz Technologies 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 Evertz Technologies 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 Evertz Technologies will appreciate offsetting losses from the drop in the long position's value.Evertz Technologies Pair Trading
Evertz Technologies Limited Pair Trading Analysis
The ability to find closely correlated positions to Evertz Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evertz Technologies 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 Evertz Technologies - 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 Evertz Technologies Limited to buy it.
The correlation of Evertz Technologies 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 Evertz Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evertz Technologies 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 Evertz Technologies 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 Evertz Technologies position
In addition to having Evertz Technologies 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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Other Information on Investing in Evertz Pink Sheet
To fully project Evertz Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Evertz Technologies 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 Evertz Technologies' income statement, its balance sheet, and the statement of cash flows.