PrairieSky Royalty Revenue vs. Net Income
| PSK Stock | CAD 30.60 0.30 0.99% |
Total Revenue | First Reported 2013-03-31 | Previous Quarter 135.6 M | Current Value 117.3 M | Quarterly Volatility 42.6 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.5 | 0.9875 |
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| Net Profit Margin | 0.41 | 0.4435 |
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| Operating Profit Margin | 0.48 | 0.3901 |
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| Pretax Profit Margin | 0.5 | 0.5781 |
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| Return On Assets | 0.0654 | 0.0688 |
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| Return On Equity | 0.0782 | 0.0823 |
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For PrairieSky Royalty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PrairieSky Royalty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PrairieSky Royalty utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PrairieSky Royalty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PrairieSky Royalty over time as well as its relative position and ranking within its peers.
PrairieSky |
PrairieSky Royalty Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PrairieSky Royalty's current stock value. Our valuation model uses many indicators to compare PrairieSky Royalty value to that of its competitors to determine the firm's financial worth. PrairieSky Royalty is regarded fourth in revenue category among its peers. It is regarded third in net income category among its peers making up about 0.44 of Net Income per Revenue. The ratio of Revenue to Net Income for PrairieSky Royalty is roughly 2.25 . At this time, PrairieSky Royalty'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 PrairieSky Royalty by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PrairieSky Royalty'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.PrairieSky Revenue vs. Competition
PrairieSky Royalty is regarded fourth in revenue category among its peers. Market size based on revenue of Energy industry is at this time estimated at about 19.62 Billion. PrairieSky Royalty holds roughly 513.2 Million in revenue claiming about 2.62% of equities under Energy industry.
PrairieSky Net Income vs. Revenue
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.
PrairieSky Royalty |
| = | 513.2 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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
PrairieSky Royalty |
| = | 227.6 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
PrairieSky Net Income Comparison
PrairieSky Royalty is currently under evaluation in net income category among its peers.
PrairieSky Royalty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PrairieSky Royalty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PrairieSky Royalty will eventually generate negative long term returns. The profitability progress is the general direction of PrairieSky Royalty's change in net profit over the period of time. It can combine multiple indicators of PrairieSky Royalty, 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 | 314.2 M | 176.1 M | |
| Income Before Tax | 296.7 M | 171.7 M | |
| Total Other Income Expense Net | -17.5 M | -16.6 M | |
| Net Income | 227.6 M | 138.9 M | |
| Income Tax Expense | 69.1 M | 72.6 M | |
| Net Income From Continuing Ops | 227.6 M | 144.2 M | |
| Net Income Applicable To Common Shares | 365.1 M | 383.4 M | |
| Interest Income | 21.4 M | 22.5 M | |
| Net Interest Income | -17.5 M | -16.6 M | |
| Change To Netincome | 41.3 M | 43.3 M | |
| Net Income Per Share | 0.95 | 0.50 | |
| Income Quality | 1.40 | 1.33 | |
| Net Income Per E B T | 0.77 | 0.91 |
PrairieSky Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PrairieSky Royalty. 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 PrairieSky Royalty 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 PrairieSky Royalty's important profitability drivers and their relationship over time.
Use PrairieSky Royalty 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 PrairieSky Royalty 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 PrairieSky Royalty will appreciate offsetting losses from the drop in the long position's value.PrairieSky Royalty Pair Trading
PrairieSky Royalty Pair Trading Analysis
The ability to find closely correlated positions to PrairieSky Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PrairieSky Royalty 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 PrairieSky Royalty - 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 PrairieSky Royalty to buy it.
The correlation of PrairieSky Royalty 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 PrairieSky Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PrairieSky Royalty 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 PrairieSky Royalty 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 PrairieSky Royalty position
In addition to having PrairieSky Royalty 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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Other Information on Investing in PrairieSky Stock
To fully project PrairieSky Royalty's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of PrairieSky Royalty 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 PrairieSky Royalty's income statement, its balance sheet, and the statement of cash flows.