Heroux Devtek Profitability Analysis
| HRX Stock | CAD 31.51 0.21 0.66% |
Net Income | First Reported 1997-06-30 | Previous Quarter 12.5 M | Current Value 10 M | Quarterly Volatility 13.3 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.19 | 0.1764 |
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For Heroux Devtek profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Heroux Devtek to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Heroux Devtek utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Heroux Devtek's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Heroux Devtek over time as well as its relative position and ranking within its peers.
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Heroux Devtek Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Heroux Devtek's current stock value. Our valuation model uses many indicators to compare Heroux Devtek value to that of its competitors to determine the firm's financial worth. Heroux Devtek is one of the top stocks in return on equity category among its peers. It is rated # 2 in return on asset category among its peers reporting about 0.43 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Heroux Devtek is roughly 2.32 . At this time, Heroux Devtek's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Heroux Devtek by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Heroux Devtek'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.Heroux Return On Asset 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.
Heroux Devtek |
| = | 0.11 |
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.
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.
Heroux Devtek |
| = | 0.0481 |
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.
Heroux Return On Asset Comparison
Heroux Devtek is currently under evaluation in return on asset category among its peers.
Heroux Devtek Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Heroux Devtek, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Heroux Devtek will eventually generate negative long term returns. The profitability progress is the general direction of Heroux Devtek's change in net profit over the period of time. It can combine multiple indicators of Heroux Devtek, 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 | 17 M | 17.9 M | |
| Operating Income | 59.8 M | 62.8 M | |
| Income Before Tax | 45.5 M | 47.8 M | |
| Total Other Income Expense Net | -14.3 M | -13.6 M | |
| Net Income | 38.3 M | 40.2 M | |
| Income Tax Expense | 7.2 M | 4.7 M | |
| Net Income From Continuing Ops | 38.3 M | 40.2 M | |
| Net Income Applicable To Common Shares | 12.4 M | 10.2 M | |
| Interest Income | 594 K | 564.3 K | |
| Net Interest Income | -13.7 M | -13 M | |
| Change To Netincome | 683.1 K | 648.9 K | |
| Net Income Per Share | 1.13 | 1.19 | |
| Income Quality | 0.08 | 0.07 | |
| Net Income Per E B T | 0.84 | 0.54 |
Heroux Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Heroux Devtek. 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 Heroux Devtek 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 Heroux Devtek's important profitability drivers and their relationship over time.
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Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 37 constituents at this time.
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Other Information on Investing in Heroux Stock
To fully project Heroux Devtek's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Heroux Devtek 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 Heroux Devtek's income statement, its balance sheet, and the statement of cash flows.