Gfl Environmental Price To Sales vs. Current Valuation
| GFL Stock | CAD 65.39 1.28 2.00% |
Gfl Environmental Price To Sales Ratio |
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| 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 Current Valuation vs. Price To Sales 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 # 3 in price to sales category among its peers. It is rated # 4 in current valuation category among its peers reporting about 10,807,472,597 of Current Valuation per Price To Sales. At this time, Gfl Environmental's Price To Sales Ratio 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 Current Valuation vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Gfl Environmental |
| = | 3.25 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Gfl Environmental |
| = | 35.15 B |
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.
Gfl Current Valuation vs Competition
Gfl Environmental Holdings is rated # 4 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is currently estimated at about 178.64 Billion. Gfl Environmental retains roughly 35.15 Billion in current valuation claiming about 20% of equities under Industrials industry.
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?
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Transportation 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 Transportation 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.