Gildan Activewear Revenue vs. Price To Sales
| GIL Stock | CAD 69.60 0.20 0.29% |
Total Revenue | First Reported 1996-12-31 | Previous Quarter 862.2 M | Current Value 891.1 M | Quarterly Volatility 279.7 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.3 | 0.2754 |
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| Net Profit Margin | 0.088 | 0.167 |
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| Operating Profit Margin | 0.1 | 0.2015 |
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| Pretax Profit Margin | 0.096 | 0.1765 |
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| Return On Assets | 0.088 | 0.1518 |
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| Return On Equity | 0.2 | 0.2726 |
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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.
Gildan |
Gildan Activewear Price To Sales vs. Revenue 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 as one of the top companies in revenue category among its peers. It also is one of the top stocks in price to sales category among its peers . The ratio of Revenue to Price To Sales for Gildan Activewear is about 958,236,687 . 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 Revenue vs. Competition
Gildan Activewear is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is currently estimated at about 108.78 Billion. Gildan Activewear holds roughly 3.2 Billion in revenue claiming about 2.94% of stocks in Consumer Discretionary industry.
Gildan Price To Sales vs. Revenue
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 |
| = | 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.
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.
Gildan Activewear |
| = | 3.34 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.
Gildan Price To Sales Comparison
Gildan Activewear is currently under evaluation in price to sales category among its peers.
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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 13.7 M | 12.6 M | |
| Operating Income | 643.9 M | 676 M | |
| Income Before Tax | 564.2 M | 592.4 M | |
| Total Other Income Expense Net | -79.7 M | -75.7 M | |
| Net Income | 533.6 M | 560.3 M | |
| Income Tax Expense | 30.6 M | 32.1 M | |
| Net Income From Continuing Ops | 533.6 M | 373.9 M | |
| Net Income Applicable To Common Shares | 622.8 M | 350.4 M | |
| Interest Income | 30.3 M | 23.9 M | |
| Net Interest Income | -79.5 M | -75.5 M | |
| Change To Netincome | 48.7 M | 34.9 M | |
| Net Income Per Share | 3.03 | 3.18 | |
| Income Quality | 1.02 | 0.80 | |
| Net Income Per E B T | 0.95 | 0.78 |
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.Gildan Activewear Pair Trading
Gildan Activewear Pair Trading Analysis
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.Did You Try This Idea?
Run Trading Thematic Idea Now
Trading
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading 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 Trading Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. To learn how to invest in Gildan Stock, please use our How to Invest in Gildan Activewear guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.