| RPI-UN Stock | | | CAD 29.31 0.32 1.10% |
Considering the key profitability indicators obtained from Richards Packaging's historical financial statements, Richards Packaging Income is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in December. Profitability indicators assess Richards Packaging's ability to earn profits and add value for shareholders. At present, Richards Packaging's
Days Sales Outstanding is projected to drop slightly based on the last few years of reporting. The current year's
Operating Cash Flow Sales Ratio is expected to grow to 0.21, whereas
Price To Sales Ratio is forecasted to decline to 0.68. At present, Richards Packaging's
Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting. The current year's
Income Before Tax is expected to grow to about 56.7
M, whereas
Operating Income is forecasted to decline to about 32.1
M.
For Richards Packaging profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Richards Packaging to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Richards Packaging Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Richards Packaging's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Richards Packaging Income over time as well as its relative position and ranking within its peers.
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Please note, there is a significant difference between Richards Packaging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Richards Packaging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richards Packaging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Richards Packaging Income Current Valuation vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Richards Packaging's current stock value. Our valuation model uses many indicators to compare Richards Packaging value to that of its competitors to determine the firm's financial worth.
Richards Packaging Income is currently regarded as top stock in shares owned by institutions category among its peers. It also is currently regarded number one company in current valuation category among its peers reporting about
10,797,581 of Current Valuation per Shares Owned By Institutions. Comparative valuation analysis is a catch-all model that can be used if you cannot value Richards Packaging by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Richards Packaging'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.
Richards Current Valuation vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Richards Packaging | Shares Held by Institutions | = | Funds and Banks | + | Firms |
| = | 32.64 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
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.
Richards Packaging | Enterprise Value | = | Market Cap + Debt | - | Cash |
| = | 352.45 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.
Richards Current Valuation vs Competition
Richards Packaging Income is currently regarded number one company 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 2.64 Billion. Richards Packaging retains roughly 352.45 Million in current valuation claiming about 13% of all equities under Materials industry.
Richards Packaging Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Richards Packaging, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Richards Packaging will eventually generate negative long term returns. The profitability progress is the general direction of Richards Packaging's change in net profit over the period of time. It can combine
multiple indicators of Richards Packaging, 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.
Richards Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Richards Packaging. 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 Richards Packaging 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 Richards Packaging's important profitability drivers and their relationship over time.
Use Richards Packaging 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 Richards Packaging 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 Richards Packaging will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Richards Packaging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Richards Packaging 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 Richards Packaging - 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 Richards Packaging Income to buy it.
The correlation of Richards Packaging 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 Richards Packaging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Richards Packaging Income 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 Richards Packaging 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 Richards Packaging position
In addition to having Richards Packaging 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.
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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
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Other Information on Investing in Richards Stock
To fully project Richards Packaging's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Richards Packaging Income 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 Richards Packaging's income statement, its balance sheet, and the statement of cash flows.
Potential Richards Packaging investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Richards Packaging investors may work on each financial statement separately, they are all related. The changes in Richards Packaging's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Richards Packaging's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
