Galaxy Digital Return On Asset vs. Current Valuation
| GLXY Stock | CAD 27.86 1.17 4.03% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0177 | 0.0187 |
|
|
For Galaxy Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Galaxy Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Galaxy Digital Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Galaxy Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Galaxy Digital Holdings over time as well as its relative position and ranking within its peers.
Galaxy |
Galaxy Digital Holdings Current Valuation vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Galaxy Digital's current stock value. Our valuation model uses many indicators to compare Galaxy Digital value to that of its competitors to determine the firm's financial worth. Galaxy Digital Holdings is one of the top stocks in return on asset category among its peers. It also is rated as one of the top companies in current valuation category among its peers reporting about 1,951,367,686 of Current Valuation per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Galaxy Digital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Galaxy Digital'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.Galaxy Current Valuation vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Galaxy Digital |
| = | 6.01 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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.
Galaxy Digital |
| = | 11.74 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.
Galaxy Current Valuation vs Competition
Galaxy Digital Holdings is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 12.17 Billion. Galaxy Digital totals roughly 11.74 Billion in current valuation claiming about 96% of equities under Financials industry.
Galaxy Digital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Galaxy Digital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Galaxy Digital will eventually generate negative long term returns. The profitability progress is the general direction of Galaxy Digital's change in net profit over the period of time. It can combine multiple indicators of Galaxy Digital, 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 | -2 M | -1.9 M | |
| Operating Income | 575.1 M | 603.9 M | |
| Income Before Tax | -270.7 M | -257.1 M | |
| Net Income | 90.7 M | 95.2 M | |
| Income Tax Expense | -29.3 M | -27.9 M | |
| Total Other Income Expense Net | -845.8 M | -803.5 M | |
| Interest Income | 8.9 M | 8.4 M | |
| Net Loss | -470.4 M | -446.9 M | |
| Net Interest Income | 8.9 M | 9.3 M | |
| Net Income From Continuing Ops | 90.7 M | 95.2 M | |
| Change To Netincome | 545.1 M | 572.4 M | |
| Net Loss | (1.27) | (1.33) | |
| Income Quality | (0.27) | (0.26) | |
| Net Income Per E B T | 0.89 | 1.01 |
Galaxy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Galaxy Digital. 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 Galaxy Digital 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 Galaxy Digital's important profitability drivers and their relationship over time.
Galaxy Digital Earnings per Share Projection vs Actual
Use Galaxy Digital 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 Galaxy Digital 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 Galaxy Digital will appreciate offsetting losses from the drop in the long position's value.Galaxy Digital Pair Trading
Galaxy Digital Holdings Pair Trading Analysis
The ability to find closely correlated positions to Galaxy Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Galaxy Digital 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 Galaxy Digital - 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 Galaxy Digital Holdings to buy it.
The correlation of Galaxy Digital 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 Galaxy Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Galaxy Digital Holdings 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 Galaxy Digital 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 Galaxy Digital position
In addition to having Galaxy Digital 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 Aggressive Defence Thematic Idea Now
Aggressive Defence
Macroaxis small cap, aggressive-outlook picks designed for investors that are willing to accept higher levels of risk to hedge exposure to above-average market volatility. The Aggressive Defence theme has 50 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 Aggressive Defence Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Risk vs Return Analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
To fully project Galaxy Digital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Galaxy Digital Holdings 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 Galaxy Digital's income statement, its balance sheet, and the statement of cash flows.