Gfl Environmental Net Income vs. Cash Per Share
| GFL Stock | CAD 65.39 1.28 2.00% |
Net Income | First Reported 2018-03-31 | Previous Quarter -172.8 M | Current Value -471.2 M | Quarterly Volatility 164.9 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.14 | 0.167 |
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For Gfl Environmental profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gfl Environmental to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gfl Environmental Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gfl Environmental's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gfl Environmental Holdings over time as well as its relative position and ranking within its peers.
Gfl |
Gfl Environmental Cash Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gfl Environmental's current stock value. Our valuation model uses many indicators to compare Gfl Environmental value to that of its competitors to determine the firm's financial worth. Gfl Environmental Holdings is rated # 5 in net income category among its peers. It is one of the top stocks in cash per share category among its peers . The ratio of Net Income to Cash Per Share for Gfl Environmental Holdings is about 67,761,194 . At this time, Gfl Environmental'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 Gfl Environmental by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Gfl Environmental'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.Gfl Cash Per Share 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.
Gfl Environmental |
| = | 45.4 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.
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.
Gfl Environmental |
| = | 0.67 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.
Gfl Cash Per Share Comparison
Gfl Environmental is currently under evaluation in cash per share category among its peers.
Gfl Environmental Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gfl Environmental, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gfl Environmental will eventually generate negative long term returns. The profitability progress is the general direction of Gfl Environmental's change in net profit over the period of time. It can combine multiple indicators of Gfl Environmental, 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 | 15.1 M | 15.9 M | |
| Net Interest Income | -584.1 M | -613.3 M | |
| Interest Income | 426.8 M | 494.8 M | |
| Operating Income | 389.2 M | 408.7 M | |
| Net Income From Continuing Ops | 32.2 M | 33.8 M | |
| Income Before Tax | 253.7 M | 266.4 M | |
| Total Other Income Expense Net | -135.5 M | -142.3 M | |
| Net Loss | -280.6 M | -294.7 M | |
| Net Income | 45.4 M | 47.7 M | |
| Income Tax Expense | 159.9 M | 167.9 M | |
| Change To Netincome | -52.6 M | -49.9 M | |
| Net Income Per Share | 0.12 | 0.13 | |
| Income Quality | 21.59 | 22.67 | |
| Net Income Per E B T | 0.18 | 0.17 |
Gfl Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gfl Environmental. 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 Gfl Environmental 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 Gfl Environmental's important profitability drivers and their relationship over time.
Use Gfl Environmental 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 Gfl Environmental 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 Gfl Environmental will appreciate offsetting losses from the drop in the long position's value.Gfl Environmental Pair Trading
Gfl Environmental Holdings Pair Trading Analysis
The ability to find closely correlated positions to Gfl Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gfl Environmental 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 Gfl Environmental - 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 Gfl Environmental Holdings to buy it.
The correlation of Gfl Environmental 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 Gfl Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gfl Environmental 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 Gfl Environmental 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 Gfl Environmental position
In addition to having Gfl Environmental 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.
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To fully project Gfl Environmental's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Gfl Environmental 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 Gfl Environmental's income statement, its balance sheet, and the statement of cash flows.