Imax Corp Gross Profit vs. Return On Equity
| IMAX Stock | USD 25.19 0.48 1.94% |
Gross Profit | First Reported 1994-03-31 | Previous Quarter 44.1 M | Current Value 51 M | Quarterly Volatility 18.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.54 | 0.5569 |
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For Imax Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Imax Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Imax Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Imax Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Imax Corp over time as well as its relative position and ranking within its peers.
Imax |
Imax Corp's Revenue Breakdown by Earning Segment
Check out Risk vs Return Analysis.
Is Movies & Entertainment 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 Imax Corp. If investors know Imax 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 Imax Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.184 | Earnings Share 0.44 | Revenue Per Share 6.527 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0304 |
The market value of Imax Corp is measured differently than its book value, which is the value of Imax that is recorded on the company's balance sheet. Investors also form their own opinion of Imax Corp's value that differs from its market value or its book value, called intrinsic value, which is Imax Corp'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 Imax Corp's market value can be influenced by many factors that don't directly affect Imax Corp'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 Imax Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Imax Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Imax Corp'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.
Imax Corp Return On Equity vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Imax Corp's current stock value. Our valuation model uses many indicators to compare Imax Corp value to that of its competitors to determine the firm's financial worth. Imax Corp is rated below average in gross profit category among its peers. It is rated third overall in return on equity category among its peers . The ratio of Gross Profit to Return On Equity for Imax Corp is about 1,955,572,139 . At this time, Imax Corp's Gross Profit 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 Imax Corp's earnings, one of the primary drivers of an investment's value.Imax Corp's Earnings Breakdown by Geography
Imax Return On Equity vs. Gross Profit
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.
Imax Corp |
| = | 157.23 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.
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.
Imax Corp |
| = | 0.0804 |
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.
Imax Return On Equity Comparison
Imax Corp is currently under evaluation in return on equity category among its peers.
Imax Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Imax Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Imax Corp will eventually generate negative long term returns. The profitability progress is the general direction of Imax Corp's change in net profit over the period of time. It can combine multiple indicators of Imax Corp, 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 | 176.9 M | 185.8 M | |
| Operating Income | 50.4 M | 52.9 M | |
| Income Before Tax | 46.1 M | 48.4 M | |
| Total Other Income Expense Net | -4.3 M | -4.5 M | |
| Net Income | 25.3 M | 26.6 M | |
| Income Tax Expense | 13.1 M | 8.1 M | |
| Net Loss | -20.5 M | -19.5 M | |
| Net Income From Continuing Ops | 33.8 M | 35.5 M | |
| Non Operating Income Net Other | 1.7 M | 1.8 M | |
| Interest Income | 2.1 M | 1.9 M | |
| Net Interest Income | -4.5 M | -4.3 M | |
| Change To Netincome | 17.8 M | 23.8 M | |
| Net Income Per Share | 0.47 | 0.49 | |
| Income Quality | 2.31 | 2.43 | |
| Net Income Per E B T | 0.55 | 0.41 |
Imax Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Imax Corp. 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 Imax Corp 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 Imax Corp's important profitability drivers and their relationship over time.
Use Imax Corp 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 Imax Corp 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 Imax Corp will appreciate offsetting losses from the drop in the long position's value.Imax Corp Pair Trading
Imax Corp Pair Trading Analysis
The ability to find closely correlated positions to Imax Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Imax Corp 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 Imax Corp - 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 Imax Corp to buy it.
The correlation of Imax Corp 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 Imax Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Imax Corp 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 Imax Corp 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 Imax Corp position
In addition to having Imax Corp 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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Additional Tools for Imax Stock Analysis
When running Imax Corp's price analysis, check to measure Imax Corp'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 Imax Corp is operating at the current time. Most of Imax Corp's value examination focuses on studying past and present price action to predict the probability of Imax Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imax Corp's price. Additionally, you may evaluate how the addition of Imax Corp to your portfolios can decrease your overall portfolio volatility.