Rio2 Current Valuation vs. EBITDA
| RIO Stock | CAD 0.64 0.02 3.03% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 1.56 | 1.38 |
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For Rio2 profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rio2 to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rio2 utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rio2's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rio2 over time as well as its relative position and ranking within its peers.
Rio2 |
Rio2 EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Rio2's current stock value. Our valuation model uses many indicators to compare Rio2 value to that of its competitors to determine the firm's financial worth. Rio2 is rated fourth in current valuation category among its peers. It is rated second in ebitda category among its peers . Rio2 reported EBITDA of (7.65 Million) in 2023. 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 Rio2's earnings, one of the primary drivers of an investment's value.Rio2 Current Valuation vs. Competition
Rio2 is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is at this time estimated at about 5.03 Billion. Rio2 holds roughly 260.33 Million in current valuation claiming about 5% of all equities under Materials industry.
Rio2 EBITDA 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.
Rio2 |
| = | 260.33 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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Rio2 |
| = | (7.65 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Rio2 EBITDA Comparison
Rio2 is currently under evaluation in ebitda category among its peers.
Rio2 Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Rio2, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rio2 will eventually generate negative long term returns. The profitability progress is the general direction of Rio2's change in net profit over the period of time. It can combine multiple indicators of Rio2, 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 | 10.3 M | 10.9 M | |
| Operating Income | -10.7 M | -10.2 M | |
| Net Loss | -16.7 M | -15.8 M | |
| Income Tax Expense | 21.8 K | 20.7 K | |
| Income Before Tax | -16.7 M | -15.8 M | |
| Total Other Income Expense Net | -5.9 M | -5.6 M | |
| Net Loss | -6.4 M | -6.1 M | |
| Net Loss | -2.1 M | -2.2 M | |
| Net Interest Income | -2.8 M | -2.7 M | |
| Interest Income | 188.2 K | 197.6 K | |
| Change To Netincome | 4.5 M | 4.7 M | |
| Net Loss | (0.06) | (0.07) | |
| Income Quality | 0.03 | 0.03 | |
| Net Income Per E B T | 1.00 | 1.05 |
Rio2 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Rio2. 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 Rio2 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 Rio2's important profitability drivers and their relationship over time.
Use Rio2 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 Rio2 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 Rio2 will appreciate offsetting losses from the drop in the long position's value.Rio2 Pair Trading
Rio2 Pair Trading Analysis
The ability to find closely correlated positions to Rio2 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rio2 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 Rio2 - 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 Rio2 to buy it.
The correlation of Rio2 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 Rio2 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rio2 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 Rio2 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 Rio2 position
In addition to having Rio2 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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Additional Tools for Rio2 Stock Analysis
When running Rio2's price analysis, check to measure Rio2'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 Rio2 is operating at the current time. Most of Rio2's value examination focuses on studying past and present price action to predict the probability of Rio2's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rio2's price. Additionally, you may evaluate how the addition of Rio2 to your portfolios can decrease your overall portfolio volatility.