Heroux Devtek Price To Sales vs. Gross Profit

HRX Stock  CAD 31.76  0.01  0.03%   
Taking into consideration Heroux Devtek's profitability measurements, Heroux Devtek's profitability may be sliding down. It has an above-average chance of reporting lower numbers next quarter. Profitability indicators assess Heroux Devtek's ability to earn profits and add value for shareholders.

Heroux Devtek Price To Sales Ratio

0.64

As of the 11th of December 2024, Price To Sales Ratio is likely to drop to 0.64. In addition to that, Days Sales Outstanding is likely to drop to 59.97. At this time, Heroux Devtek's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 11th of December 2024, Operating Income is likely to grow to about 62.8 M, though Total Other Income Expense Net is likely to grow to (13.6 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.190.1764
Significantly Up
Pretty Stable
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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Please note, there is a significant difference between Heroux Devtek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heroux Devtek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heroux Devtek'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.

Heroux Devtek Gross Profit vs. Price To Sales 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 rated # 2 in price to sales category among its peers. It also is rated # 2 in gross profit category among its peers fabricating about  56,461,510  of Gross Profit per Price To Sales. At this time, Heroux Devtek's Price To Sales Ratio 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 Gross Profit vs. Price To Sales

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.

Heroux Devtek

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.61 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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Heroux Devtek

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
91.09 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

Heroux Gross Profit Comparison

Heroux Devtek is currently under evaluation in gross profit 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income17 M17.9 M
Operating Income59.8 M62.8 M
Income Before Tax45.5 M47.8 M
Total Other Income Expense Net-14.3 M-13.6 M
Net Income38.3 M40.2 M
Income Tax Expense7.2 M4.7 M
Net Income From Continuing Ops38.3 M40.2 M
Net Income Applicable To Common Shares12.4 M10.2 M
Interest Income594 K564.3 K
Net Interest Income-13.7 M-13 M
Change To Netincome683.1 K648.9 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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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.
Potential Heroux Devtek investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Heroux Devtek investors may work on each financial statement separately, they are all related. The changes in Heroux Devtek's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Heroux Devtek's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.