Maxim Power Current Valuation vs. Revenue
| MXG Stock | CAD 5.18 0.04 0.78% |
For Maxim Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Maxim Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Maxim Power Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Maxim Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Maxim Power Corp over time as well as its relative position and ranking within its peers.
Maxim |
Maxim Power Corp Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Maxim Power's current stock value. Our valuation model uses many indicators to compare Maxim Power value to that of its competitors to determine the firm's financial worth. Maxim Power Corp is rated top company in current valuation category among its peers. It also is rated top company in revenue category among its peers totaling about 0.13 of Revenue per Current Valuation. The ratio of Current Valuation to Revenue for Maxim Power Corp is roughly 7.94 . At this time, Maxim Power's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Maxim Power by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Maxim Power'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.Maxim Current Valuation vs. Competition
Maxim Power Corp is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Utilities industry is now estimated at about 2.14 Billion. Maxim Power retains roughly 305.5 Million in current valuation claiming about 14% of Utilities industry.
Maxim Revenue vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Maxim Power |
| = | 305.5 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Maxim Power |
| = | 38.47 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Maxim Revenue vs Competition
Maxim Power Corp is rated top company in revenue category among its peers. Market size based on revenue of Utilities industry is now estimated at about 519.28 Million. Maxim Power holds roughly 38.47 Million in revenue claiming about 7% of Utilities industry.
Maxim Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Maxim Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Maxim Power will eventually generate negative long term returns. The profitability progress is the general direction of Maxim Power's change in net profit over the period of time. It can combine multiple indicators of Maxim Power, 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 | -16.6 M | -15.8 M | |
| Income Before Tax | 37.4 M | 39.3 M | |
| Total Other Income Expense Net | 54 M | 56.8 M | |
| Net Income | 28.3 M | 29.7 M | |
| Income Tax Expense | 9.1 M | 9.6 M | |
| Net Income From Continuing Ops | 28.3 M | 29.7 M | |
| Net Income Applicable To Common Shares | 48.6 M | 51 M | |
| Interest Income | 2.9 M | 1.9 M | |
| Net Interest Income | -5.1 M | -4.8 M | |
| Change To Netincome | 21 M | 22 M | |
| Net Income Per Share | 0.56 | 0.59 | |
| Income Quality | 0.84 | 0.80 | |
| Net Income Per E B T | 0.76 | 1.07 |
Maxim Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Maxim Power. 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 Maxim Power 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 Maxim Power's important profitability drivers and their relationship over time.
Use Maxim Power 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 Maxim Power 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 Maxim Power will appreciate offsetting losses from the drop in the long position's value.Maxim Power Pair Trading
Maxim Power Corp Pair Trading Analysis
The ability to find closely correlated positions to Maxim Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maxim Power 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 Maxim Power - 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 Maxim Power Corp to buy it.
The correlation of Maxim Power 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 Maxim Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maxim Power 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 Maxim Power 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 Maxim Power position
In addition to having Maxim Power 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?
Run Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 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 Fabricated Products Theme or any other thematic opportunities.
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Other Information on Investing in Maxim Stock
To fully project Maxim Power's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Maxim Power Corp 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 Maxim Power's income statement, its balance sheet, and the statement of cash flows.