Roots Corp Price To Earning vs. Net Income
| ROOT Stock | CAD 3.25 0.02 0.62% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.44 | 0.54 |
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For Roots Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Roots Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Roots Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Roots Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Roots Corp over time as well as its relative position and ranking within its peers.
Roots |
Roots Corp Net Income vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Roots Corp's current stock value. Our valuation model uses many indicators to compare Roots Corp value to that of its competitors to determine the firm's financial worth. Roots Corp is rated second in price to earning category among its peers. It is rated below average in net income category among its peers . Roots Corp reported last year Net Loss of (30.1 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value Roots Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Roots Corp'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.Roots Net Income vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Roots Corp |
| = | 15.41 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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.
Roots Corp |
| = | (33.44 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.
Roots Net Income Comparison
Roots Corp is currently under evaluation in net income category among its peers.
Roots Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Roots Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Roots Corp will eventually generate negative long term returns. The profitability progress is the general direction of Roots Corp's change in net profit over the period of time. It can combine multiple indicators of Roots Corp, 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 | 2.2 M | 2.3 M | |
| Interest Income | 10.2 M | 8 M | |
| Operating Income | 15.7 M | 18 M | |
| Net Loss | -30.1 M | -28.6 M | |
| Income Before Tax | -40.7 M | -38.7 M | |
| Total Other Income Expense Net | -53 M | -50.3 M | |
| Net Loss | -30.1 M | -28.6 M | |
| Net Loss | -30.1 M | -28.6 M | |
| Income Tax Expense | -10.6 M | -10.1 M | |
| Net Interest Income | -8 M | -8.4 M | |
| Change To Netincome | 162.2 K | 154 K | |
| Net Loss | (0.96) | (0.91) | |
| Income Quality | (0.87) | (0.83) | |
| Net Income Per E B T | 0.85 | 0.81 |
Roots Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Roots Corp. 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 Roots Corp 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 Roots Corp's important profitability drivers and their relationship over time.
Roots Corp Earnings per Share Projection vs Actual
Use Roots Corp 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 Roots Corp 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 Roots Corp will appreciate offsetting losses from the drop in the long position's value.Roots Corp Pair Trading
Roots Corp Pair Trading Analysis
The ability to find closely correlated positions to Roots Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Roots Corp 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 Roots Corp - 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 Roots Corp to buy it.
The correlation of Roots Corp 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 Roots Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roots 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 Roots Corp 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 Roots Corp position
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Other Information on Investing in Roots Stock
To fully project Roots Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Roots 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 Roots Corp's income statement, its balance sheet, and the statement of cash flows.