Sailfish Royalty Gross Profit vs. Price To Earning

FISH Stock  CAD 1.38  0.01  0.72%   
Based on the key profitability measurements obtained from Sailfish Royalty's financial statements, Sailfish Royalty Corp may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Sailfish Royalty's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2018-09-30
Previous Quarter
248.1 K
Current Value
565.7 K
Quarterly Volatility
199 K
 
Covid
At this time, Sailfish Royalty's Days Sales Outstanding is fairly stable compared to the past year. Days Of Sales Outstanding is likely to climb to 616.77 in 2024, whereas Price To Sales Ratio is likely to drop 25.75 in 2024. At this time, Sailfish Royalty's Total Other Income Expense Net is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to climb to about 3.1 M in 2024, despite the fact that Operating Income is likely to grow to (1.9 M).
For Sailfish Royalty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sailfish Royalty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sailfish Royalty Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sailfish Royalty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sailfish Royalty Corp over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Sailfish Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sailfish Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sailfish 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.

Sailfish Royalty Corp Price To Earning vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Sailfish Royalty's current stock value. Our valuation model uses many indicators to compare Sailfish Royalty value to that of its competitors to determine the firm's financial worth.
Sailfish Royalty Corp is rated # 3 in gross profit category among its peers. It is one of the top stocks in price to earning category among its peers . The ratio of Gross Profit to Price To Earning for Sailfish Royalty Corp is about  97,105 . At this time, Sailfish Royalty's Gross Profit is fairly stable compared to the past year. 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 Sailfish Royalty's earnings, one of the primary drivers of an investment's value.

Sailfish Price To Earning vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Sailfish Royalty

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
1.11 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Sailfish Royalty

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
11.44 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Sailfish Royalty Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Sailfish Royalty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sailfish Royalty will eventually generate negative long term returns. The profitability progress is the general direction of Sailfish Royalty's change in net profit over the period of time. It can combine multiple indicators of Sailfish 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income37.9 K36 K
Operating Income-2 M-1.9 M
Net Loss-1.1 M-1.1 M
Income Before Tax-1.1 M-1.1 M
Total Other Income Expense Net1.1 M1.8 M
Net Income Applicable To Common Shares2.9 M3.1 M
Net Loss-1.1 M-1.1 M
Net Interest Income-216.3 K-227.1 K
Interest Income50.9 K53.4 K
Income Tax Expense626.6 K335.2 K
Change To Netincome-5 M-4.7 M
Net Loss(0.02)(0.01)
Income Quality 1.03  1.08 

Sailfish Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Sailfish 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 Sailfish 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 Sailfish Royalty's important profitability drivers and their relationship over time.

Use Sailfish 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 Sailfish 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 Sailfish Royalty will appreciate offsetting losses from the drop in the long position's value.

Sailfish Royalty Pair Trading

Sailfish Royalty Corp Pair Trading Analysis

The ability to find closely correlated positions to Sailfish 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 Sailfish 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 Sailfish 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 Sailfish Royalty Corp to buy it.
The correlation of Sailfish 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 Sailfish Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sailfish 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 Sailfish 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Sailfish Royalty position

In addition to having Sailfish 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.

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Outsourcing
Outsourcing Theme
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 32 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 Outsourcing Theme or any other thematic opportunities.
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Additional Tools for Sailfish Stock Analysis

When running Sailfish Royalty's price analysis, check to measure Sailfish 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 Sailfish Royalty is operating at the current time. Most of Sailfish Royalty's value examination focuses on studying past and present price action to predict the probability of Sailfish 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 Sailfish Royalty's price. Additionally, you may evaluate how the addition of Sailfish Royalty to your portfolios can decrease your overall portfolio volatility.