Roots Corp Revenue vs. Current Valuation
| ROOT Stock | CAD 2.18 0.03 1.36% |
Total Revenue | First Reported 2016-04-30 | Previous Quarter 37.5 M | Current Value 47.7 M | Quarterly Volatility 30.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.42 | 0.4673 |
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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 Current Valuation vs. Revenue 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 fourth in revenue category among its peers. It also is rated fourth in current valuation category among its peers reporting about 0.78 of Current Valuation per Revenue. The ratio of Revenue to Current Valuation for Roots Corp is roughly 1.28 . At this time, Roots Corp'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 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 Revenue vs. Competition
Roots Corp is rated fourth in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is at this time estimated at about 5.83 Billion. Roots Corp holds roughly 262.67 Million in revenue claiming about 5% of stocks in Consumer Discretionary industry.
Roots Current Valuation 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.
Roots Corp |
| = | 262.67 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.
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.
Roots Corp |
| = | 204.81 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.
Roots Current Valuation vs Competition
Roots Corp is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is at this time estimated at about 12.19 Billion. Roots Corp claims roughly 204.81 Million in current valuation contributing just under 2% to stocks in Consumer Discretionary industry.
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 | 149 K | 156.4 K | |
| Interest Income | 569 K | 540.5 K | |
| Operating Income | 12.1 M | 19.6 M | |
| Net Income From Continuing Ops | 1.8 M | 1.1 M | |
| Income Before Tax | 2.7 M | 4.5 M | |
| Total Other Income Expense Net | -9.5 M | -9.9 M | |
| Net Income Applicable To Common Shares | 7.7 M | 8.1 M | |
| Net Income | 1.8 M | 2 M | |
| Income Tax Expense | 815 K | 774.2 K | |
| Net Interest Income | -9.5 M | -9.9 M | |
| Change To Netincome | 162.2 K | 154 K | |
| Net Income Per Share | 0.05 | 0.03 | |
| Income Quality | 21.03 | 22.08 | |
| Net Income Per E B T | 0.69 | 0.80 |
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.
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
In addition to having Roots Corp 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 Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 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 Candy and Soda Theme or any other thematic opportunities.
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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.