Hemisphere Energy EBITDA vs. Price To Earning
| HME Stock | CAD 1.86 0.02 1.09% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 46.1 M | Current Value 48.4 M | Quarterly Volatility 18.7 M |
For Hemisphere Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hemisphere Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hemisphere Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hemisphere Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hemisphere Energy over time as well as its relative position and ranking within its peers.
Hemisphere |
Hemisphere Energy Price To Earning vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hemisphere Energy's current stock value. Our valuation model uses many indicators to compare Hemisphere Energy value to that of its competitors to determine the firm's financial worth. Hemisphere Energy is rated # 4 in ebitda category among its peers. It also is rated # 4 in price to earning category among its peers . The ratio of EBITDA to Price To Earning for Hemisphere Energy is about 8,755,323 . At this time, Hemisphere Energy's EBITDA is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hemisphere Energy's earnings, one of the primary drivers of an investment's value.Hemisphere Price To Earning vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Hemisphere Energy |
| = | 46.05 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Hemisphere Energy |
| = | 5.26 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Hemisphere Price To Earning Comparison
Hemisphere Energy is currently under evaluation in price to earning category among its peers.
Hemisphere Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hemisphere Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hemisphere Energy will eventually generate negative long term returns. The profitability progress is the general direction of Hemisphere Energy's change in net profit over the period of time. It can combine multiple indicators of Hemisphere Energy, 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 | ||
| Operating Income | 37 M | 38.9 M | |
| Income Before Tax | 32.5 M | 34.1 M | |
| Total Other Income Expense Net | -4 M | -3.8 M | |
| Net Income | 24.2 M | 25.4 M | |
| Income Tax Expense | 8.3 M | 8.7 M | |
| Net Income From Continuing Ops | 24.2 M | 25.4 M | |
| Net Income Applicable To Common Shares | 24.5 M | 25.7 M | |
| Net Interest Income | -610 K | -640.5 K | |
| Interest Income | 121 K | 66.5 K | |
| Change To Netincome | 18 M | 18.9 M | |
| Net Income Per Share | 0.24 | 0.25 | |
| Income Quality | 1.83 | 1.92 | |
| Net Income Per E B T | 0.75 | 0.83 |
Hemisphere Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hemisphere Energy. 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 Hemisphere Energy 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 Hemisphere Energy's important profitability drivers and their relationship over time.
Use Hemisphere Energy 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 Hemisphere Energy 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 Hemisphere Energy will appreciate offsetting losses from the drop in the long position's value.Hemisphere Energy Pair Trading
Hemisphere Energy Pair Trading Analysis
The ability to find closely correlated positions to Hemisphere Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hemisphere Energy 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 Hemisphere Energy - 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 Hemisphere Energy to buy it.
The correlation of Hemisphere Energy 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 Hemisphere Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hemisphere Energy 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 Hemisphere Energy 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 Hemisphere Energy position
In addition to having Hemisphere Energy 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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Sport Products
Companies manufacturing sporting goods and accessories. The Sport Products theme has 44 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 Sport Products Theme or any other thematic opportunities.
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Additional Tools for Hemisphere Stock Analysis
When running Hemisphere Energy's price analysis, check to measure Hemisphere Energy'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 Hemisphere Energy is operating at the current time. Most of Hemisphere Energy's value examination focuses on studying past and present price action to predict the probability of Hemisphere Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hemisphere Energy's price. Additionally, you may evaluate how the addition of Hemisphere Energy to your portfolios can decrease your overall portfolio volatility.