Morguard North Return On Equity vs. Operating Margin
| MRG-UN Stock | CAD 18.42 0.19 1.04% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.09517384 | Current Value 0.18 | Quarterly Volatility 0.13226833 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.39 | 0.5435 |
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| Net Profit Margin | 0.78 | 0.5317 |
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| Pretax Profit Margin | 0.84 | 0.5831 |
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| Return On Assets | 0.0648 | 0.0431 |
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| Return On Equity | 0.18 | 0.0952 |
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For Morguard North profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Morguard North to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Morguard North American utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Morguard North's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Morguard North American over time as well as its relative position and ranking within its peers.
Morguard |
Morguard North American Operating Margin vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Morguard North's current stock value. Our valuation model uses many indicators to compare Morguard North value to that of its competitors to determine the firm's financial worth. Morguard North American is regarded third in return on equity category among its peers. It also is regarded third in operating margin category among its peers reporting about 13.54 of Operating Margin per Return On Equity. At present, Morguard North's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Morguard North by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Morguard North'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.Morguard Operating 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.
Morguard North |
| = | 0.0407 |
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.
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Morguard North |
| = | 0.55 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Morguard Operating Margin Comparison
Morguard North is currently under evaluation in operating margin category among its peers.
Morguard North Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Morguard North, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Morguard North will eventually generate negative long term returns. The profitability progress is the general direction of Morguard North's change in net profit over the period of time. It can combine multiple indicators of Morguard North, 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 | 118 M | 78.7 M | |
| Operating Income | 180.2 M | 106.1 M | |
| Income Before Tax | 193.4 M | 160.9 M | |
| Total Other Income Expense Net | 112.4 M | 99.6 M | |
| Net Income | 185.3 M | 144.5 M | |
| Income Tax Expense | 8.1 M | 7.7 M | |
| Net Income From Continuing Ops | 185.3 M | 163.3 M | |
| Net Income Applicable To Common Shares | 252.2 M | 153.2 M | |
| Net Interest Income | -77.3 M | -81.2 M | |
| Change To Netincome | -133.6 M | -140.3 M | |
| Net Income Per Share | 3.17 | 4.62 | |
| Income Quality | 0.48 | 0.63 | |
| Net Income Per E B T | 0.91 | 0.95 |
Morguard Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Morguard North. 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 Morguard North 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 Morguard North's important profitability drivers and their relationship over time.
Use Morguard North 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 Morguard North 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 Morguard North will appreciate offsetting losses from the drop in the long position's value.Morguard North Pair Trading
Morguard North American Pair Trading Analysis
The ability to find closely correlated positions to Morguard North could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morguard North 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 Morguard North - 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 Morguard North American to buy it.
The correlation of Morguard North 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 Morguard North moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morguard North American 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 Morguard North 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 Morguard North position
In addition to having Morguard North 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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Business Services
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Other Information on Investing in Morguard Stock
To fully project Morguard North's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Morguard North American 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 Morguard North's income statement, its balance sheet, and the statement of cash flows.