GreenPower Return On Equity vs. Profit Margin
| GP Stock | USD 0.84 0.02 2.44% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (1.59) | Current Value (1.51) | Quarterly Volatility 14.06211823 |
For GreenPower profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GreenPower to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GreenPower Motor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GreenPower's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GreenPower Motor over time as well as its relative position and ranking within its peers.
GreenPower |
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GreenPower. If investors know GreenPower will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GreenPower listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.85) | Revenue Per Share 0.98 | Quarterly Revenue Growth (0.83) | Return On Assets (0.25) | Return On Equity (1.20) |
The market value of GreenPower Motor is measured differently than its book value, which is the value of GreenPower that is recorded on the company's balance sheet. Investors also form their own opinion of GreenPower's value that differs from its market value or its book value, called intrinsic value, which is GreenPower's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GreenPower's market value can be influenced by many factors that don't directly affect GreenPower's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GreenPower's value and its price as these two are different measures arrived at by different means. Investors typically determine if GreenPower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GreenPower'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.
GreenPower Motor Profit Margin vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GreenPower's current stock value. Our valuation model uses many indicators to compare GreenPower value to that of its competitors to determine the firm's financial worth. GreenPower Motor is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in profit margin category among its peers . At this time, GreenPower's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value GreenPower by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.GreenPower Profit Margin vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
GreenPower |
| = | -1.2 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
GreenPower |
| = | (0.85) % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
GreenPower Profit Margin Comparison
GreenPower is currently under evaluation in profit margin category among its peers.
GreenPower Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GreenPower, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GreenPower will eventually generate negative long term returns. The profitability progress is the general direction of GreenPower's change in net profit over the period of time. It can combine multiple indicators of GreenPower, 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 | 14.2 M | 14.9 M | |
| Operating Income | -16.8 M | -16 M | |
| Net Loss | -18.3 M | -17.4 M | |
| Income Tax Expense | 3.00 | 2.85 | |
| Income Before Tax | -18.3 M | -17.4 M | |
| Total Other Income Expense Net | -1.5 M | -1.5 M | |
| Net Interest Income | -1.6 M | -1.6 M | |
| Net Loss | -18.3 M | -17.4 M | |
| Net Loss | -13.5 M | -12.9 M | |
| Change To Netincome | 5.5 M | 5.8 M | |
| Net Loss | (0.74) | (0.77) | |
| Income Quality | 0.06 | 0.06 | |
| Net Income Per E B T | 0.92 | 0.88 |
GreenPower Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GreenPower. 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 GreenPower 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 GreenPower's important profitability drivers and their relationship over time.
Use GreenPower 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 GreenPower 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 GreenPower will appreciate offsetting losses from the drop in the long position's value.GreenPower Pair Trading
GreenPower Motor Pair Trading Analysis
The ability to find closely correlated positions to GreenPower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GreenPower 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 GreenPower - 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 GreenPower Motor to buy it.
The correlation of GreenPower 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 GreenPower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GreenPower Motor 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 GreenPower 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 GreenPower position
In addition to having GreenPower 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 Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 37 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 Small Growth Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for GreenPower Stock Analysis
When running GreenPower's price analysis, check to measure GreenPower's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy GreenPower is operating at the current time. Most of GreenPower's value examination focuses on studying past and present price action to predict the probability of GreenPower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GreenPower's price. Additionally, you may evaluate how the addition of GreenPower to your portfolios can decrease your overall portfolio volatility.