Geodrill Price To Earning vs. Current Valuation
| GEO Stock | CAD 2.89 0.01 0.35% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.39 | 0.2343 |
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For Geodrill profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Geodrill to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Geodrill Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Geodrill's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Geodrill Limited over time as well as its relative position and ranking within its peers.
Geodrill |
Geodrill Limited Current Valuation vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Geodrill's current stock value. Our valuation model uses many indicators to compare Geodrill value to that of its competitors to determine the firm's financial worth. Geodrill Limited is one of the top stocks in price to earning category among its peers. It is rated # 5 in current valuation category among its peers reporting about 1,367,394 of Current Valuation per Price To Earning. Comparative valuation analysis is a catch-all model that can be used if you cannot value Geodrill by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Geodrill'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.Geodrill Current Valuation vs. Price To Earning
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.
Geodrill |
| = | 95.79 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.
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.
Geodrill |
| = | 130.98 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.
Geodrill Current Valuation vs Competition
Geodrill Limited is rated # 5 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 4.94 Billion. Geodrill holds roughly 130.98 Million in current valuation claiming about 2.65% of all equities under Materials industry.
Geodrill Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Geodrill, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Geodrill will eventually generate negative long term returns. The profitability progress is the general direction of Geodrill's change in net profit over the period of time. It can combine multiple indicators of Geodrill, 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 | 3.7 M | 3.9 M | |
| Operating Income | 9.4 M | 10.6 M | |
| Income Before Tax | 8.5 M | 9.8 M | |
| Total Other Income Expense Net | 162.6 K | 170.7 K | |
| Net Income | 8.5 M | 9.8 M | |
| Income Tax Expense | 4.8 M | 4.6 M | |
| Net Income From Continuing Ops | 3.8 M | 4.7 M | |
| Net Income Applicable To Common Shares | 21.8 M | 22.8 M | |
| Interest Income | 621.8 K | 420.6 K | |
| Net Interest Income | -927.1 K | -880.7 K | |
| Change To Netincome | 3.4 M | 3.6 M | |
| Net Income Per Share | 0.08 | 0.09 | |
| Income Quality | 1.29 | 1.19 | |
| Net Income Per E B T | 0.46 | 0.58 |
Geodrill Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Geodrill. 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 Geodrill 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 Geodrill's important profitability drivers and their relationship over time.
Use Geodrill 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 Geodrill 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 Geodrill will appreciate offsetting losses from the drop in the long position's value.Geodrill Pair Trading
Geodrill Limited Pair Trading Analysis
The ability to find closely correlated positions to Geodrill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geodrill 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 Geodrill - 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 Geodrill Limited to buy it.
The correlation of Geodrill 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 Geodrill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geodrill Limited 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 Geodrill 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 Geodrill position
In addition to having Geodrill 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 Communication Thematic Idea Now
Communication
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication 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 Communication Theme or any other thematic opportunities.
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Other Information on Investing in Geodrill Stock
To fully project Geodrill's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Geodrill Limited 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 Geodrill's income statement, its balance sheet, and the statement of cash flows.