| GIL Stock | | | CAD 69.17 0.76 1.11% |
Considering Gildan Activewear's profitability and operating efficiency indicators, Gildan Activewear may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Gildan Activewear's ability to earn profits and add value for shareholders. At this time, Gildan Activewear's
Days Sales Outstanding is very stable compared to the past year. As of the 11th of December 2024,
Sales General And Administrative To Revenue is likely to grow to 0.05, while
Price To Sales Ratio is likely to drop 1.75. At this time, Gildan Activewear's
Operating Income is very stable compared to the past year. As of the 11th of December 2024,
Income Before Tax is likely to grow to about 592.4
M, while
Accumulated Other Comprehensive Income is likely to drop about 12.6
M.
For Gildan Activewear profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gildan Activewear to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Gildan Activewear utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gildan Activewear's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gildan Activewear over time as well as its relative position and ranking within its peers.
Check out
Risk vs Return Analysis.
To learn how to invest in Gildan Stock, please use our
How to Invest in Gildan Activewear guide.
Please note, there is a significant difference between Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear'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.
Gildan Activewear Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gildan Activewear's current stock value. Our valuation model uses many indicators to compare Gildan Activewear value to that of its competitors to determine the firm's financial worth.
Gildan Activewear is rated
# 5 in current valuation category among its peers. It is rated
# 2 in revenue category among its peers totaling about
0.25 of Revenue per Current Valuation. The ratio of Current Valuation to Revenue for Gildan Activewear is roughly
3.94 . At this time, Gildan Activewear's
Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Gildan Activewear by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Gildan Activewear'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.
Gildan Current Valuation vs. Competition
Gildan Activewear is rated
# 5 in current valuation category among its peers. After adjusting for long-term liabilities,
total market size of
Consumer Discretionary industry is currently estimated at about 29.12 Trillion. Gildan Activewear adds roughly 12.61 Billion in current valuation claiming only tiny portion of stocks in Consumer Discretionary industry.
Gildan Revenue vs. Current Valuation
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.
Gildan Activewear | Enterprise Value | = | Market Cap + Debt | - | Cash |
| = | 12.61 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.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Gildan Activewear | Revenue | = | Money Received | - | Discounts and Returns |
| = | 3.2 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Gildan Revenue vs Competition
Gildan Activewear is rated
# 2 in revenue category among its peers. Market size based on
revenue of
Consumer Discretionary industry is currently estimated at about 2.96 Trillion. Gildan Activewear adds roughly 3.2 Billion in revenue claiming only tiny portion of stocks in Consumer Discretionary industry.
Gildan Activewear Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gildan Activewear, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gildan Activewear will eventually generate negative long term returns. The profitability progress is the general direction of Gildan Activewear's change in net profit over the period of time. It can combine
multiple indicators of Gildan Activewear, 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.
Gildan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Gildan Activewear. 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 Gildan Activewear 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 Gildan Activewear's important profitability drivers and their relationship over time.
Use Gildan Activewear 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 Gildan Activewear 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 Gildan Activewear will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Gildan Activewear could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gildan Activewear 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 Gildan Activewear - 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 Gildan Activewear to buy it.
The correlation of Gildan Activewear 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 Gildan Activewear moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gildan Activewear 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 Gildan Activewear 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 Gildan Activewear position
In addition to having Gildan Activewear 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.
Recreation
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 45 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
Recreation Theme or any other
thematic opportunities.
When determining whether Gildan Activewear is a strong investment it is important to analyze Gildan Activewear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gildan Activewear's
future performance.
For an informed investment choice regarding Gildan Stock, refer to the following important reports: To fully project Gildan Activewear's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Gildan Activewear 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 Gildan Activewear's income statement, its balance sheet, and the statement of cash flows.
Potential Gildan Activewear investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Gildan Activewear investors may work on each financial statement separately, they are all related. The changes in Gildan Activewear's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gildan Activewear's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
