Pender Growth Current Valuation vs. Net Income
| PTF Stock | CAD 11.17 0.05 0.45% |
For Pender Growth profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Pender Growth to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Pender Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Pender Growth's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Pender Growth over time as well as its relative position and ranking within its peers.
Pender |
Pender Growth Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Pender Growth's current stock value. Our valuation model uses many indicators to compare Pender Growth value to that of its competitors to determine the firm's financial worth. Pender Growth is rated top company in current valuation category among its peers. It also is considered to be number one stock in net income category among its peers making up about 0.01 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Pender Growth is roughly 78.62 . At this time, Pender Growth's Net Income 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 Pender Growth's earnings, one of the primary drivers of an investment's value.Pender Current Valuation vs. Competition
Pender Growth is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is at this time estimated at about 18.74 Billion. Pender Growth adds roughly 80.94 Million in current valuation claiming only tiny portion of equities under Financials industry.
Pender Net Income 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.
Pender Growth |
| = | 80.94 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.
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.
Pender Growth |
| = | 1.03 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.
Pender Net Income Comparison
Pender Growth is currently under evaluation in net income category among its peers.
Pender Growth Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Pender Growth, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Pender Growth will eventually generate negative long term returns. The profitability progress is the general direction of Pender Growth's change in net profit over the period of time. It can combine multiple indicators of Pender Growth, 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 | 69.9 M | 63.2 M | |
| Operating Income | -507.3 K | -481.9 K | |
| Income Before Tax | -507.3 K | -481.9 K | |
| Total Other Income Expense Net | 7.5 M | 7.9 M | |
| Net Income | 1 M | 978.1 K | |
| Net Income From Continuing Ops | 1 M | 978.1 K | |
| Net Loss | -115.1 M | -109.3 M | |
| Income Tax Expense | -1.5 M | -1.5 M | |
| Net Interest Income | -192.6 K | -182.9 K | |
| Change To Netincome | 163.3 M | 171.5 M | |
| Net Income Per Share | 0.14 | 0.13 | |
| Income Quality | 5.27 | 5.53 | |
| Net Loss | (2.03) | (1.93) |
Pender Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Pender Growth. 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 Pender Growth 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 Pender Growth's important profitability drivers and their relationship over time.
Use Pender Growth 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 Pender Growth 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 Pender Growth will appreciate offsetting losses from the drop in the long position's value.Pender Growth Pair Trading
Pender Growth Pair Trading Analysis
The ability to find closely correlated positions to Pender Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pender Growth 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 Pender Growth - 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 Pender Growth to buy it.
The correlation of Pender Growth 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 Pender Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pender Growth 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 Pender Growth 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 Pender Growth position
In addition to having Pender Growth 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 Consumer Funds Thematic Idea Now
Consumer Funds
Funds or Etfs that invest in consumer products such as packaged goods, clothing, food, beverages and retail services. The Consumer Funds theme has 46 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 Consumer Funds Theme or any other thematic opportunities.
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Additional Tools for Pender Stock Analysis
When running Pender Growth's price analysis, check to measure Pender Growth'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 Pender Growth is operating at the current time. Most of Pender Growth's value examination focuses on studying past and present price action to predict the probability of Pender Growth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pender Growth's price. Additionally, you may evaluate how the addition of Pender Growth to your portfolios can decrease your overall portfolio volatility.