Orezone Gold Current Valuation vs. Revenue
| ORE Stock | 0.71 0.06 9.23% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.34 | 0.4672 |
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| Operating Profit Margin | 0.29 | 0.3017 |
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For Orezone Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Orezone Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Orezone Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Orezone Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Orezone Gold Corp over time as well as its relative position and ranking within its peers.
Orezone |
Orezone Gold Corp Revenue vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Orezone Gold's current stock value. Our valuation model uses many indicators to compare Orezone Gold value to that of its competitors to determine the firm's financial worth. Orezone Gold Corp is regarded fourth in current valuation category among its peers. It is regarded second in revenue category among its peers totaling about 0.72 of Revenue per Current Valuation. The ratio of Current Valuation to Revenue for Orezone Gold Corp is roughly 1.39 . At this time, Orezone Gold'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 Orezone Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Orezone Gold'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.Orezone Current Valuation vs. Competition
Orezone Gold Corp is regarded fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is now estimated at about 5.92 Billion. Orezone Gold holds roughly 377.39 Million in current valuation claiming about 6% of all equities under Materials industry.
Orezone 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.
Orezone Gold |
| = | 377.39 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.
Orezone Gold |
| = | 271.49 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.
Orezone Revenue vs Competition
Orezone Gold Corp is regarded second in revenue category among its peers. Market size based on revenue of Materials industry is now estimated at about 1.24 Billion. Orezone Gold totals roughly 271.49 Million in revenue claiming about 22% of all equities under Materials industry.
Orezone Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Orezone Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Orezone Gold will eventually generate negative long term returns. The profitability progress is the general direction of Orezone Gold's change in net profit over the period of time. It can combine multiple indicators of Orezone Gold, 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 | 682 K | 647.9 K | |
| Operating Income | 81.9 M | 86 M | |
| Income Before Tax | 62.9 M | 66 M | |
| Total Other Income Expense Net | -19.1 M | -18.1 M | |
| Net Income | 49.6 M | 52.1 M | |
| Income Tax Expense | 13.2 M | 13.9 M | |
| Interest Income | 809 K | 768.5 K | |
| Net Income Applicable To Common Shares | 837 K | 878.8 K | |
| Net Interest Income | -15 M | -14.2 M | |
| Net Income From Continuing Ops | 49.6 M | 52.1 M | |
| Change To Netincome | 13.5 M | 14.2 M | |
| Net Income Per Share | 0.12 | 0.13 | |
| Income Quality | 1.61 | 1.69 | |
| Net Income Per E B T | 0.69 | 0.51 |
Orezone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Orezone Gold. 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 Orezone Gold 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 Orezone Gold's important profitability drivers and their relationship over time.
Use Orezone Gold 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 Orezone Gold 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 Orezone Gold will appreciate offsetting losses from the drop in the long position's value.Orezone Gold Pair Trading
Orezone Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Orezone Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orezone Gold 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 Orezone Gold - 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 Orezone Gold Corp to buy it.
The correlation of Orezone Gold 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 Orezone Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orezone Gold 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 Orezone Gold 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 Orezone Gold position
In addition to having Orezone Gold 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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Shipbuilding Railroad Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 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 Shipbuilding Railroad Equipment Theme or any other thematic opportunities.
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Other Information on Investing in Orezone Stock
To fully project Orezone Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Orezone Gold 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 Orezone Gold's income statement, its balance sheet, and the statement of cash flows.