Sigma Lithium Price To Sales vs. Return On Equity
| SGML Stock | 19.42 0.08 0.41% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.39 | 0.44 |
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For Sigma Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sigma Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sigma Lithium Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sigma Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sigma Lithium Resources over time as well as its relative position and ranking within its peers.
Sigma |
Sigma Lithium Resources Return On Equity vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sigma Lithium's current stock value. Our valuation model uses many indicators to compare Sigma Lithium value to that of its competitors to determine the firm's financial worth. Sigma Lithium Resources is currently regarded as top stock in price to sales category among its peers. It is rated second in return on equity category among its peers reporting about 0.01 of Return On Equity per Price To Sales. The ratio of Price To Sales to Return On Equity for Sigma Lithium Resources is roughly 107.05 . At this time, Sigma Lithium's Price To Sales Ratio 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 Sigma Lithium's earnings, one of the primary drivers of an investment's value.Sigma Return On Equity vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Sigma Lithium |
| = | 7.34 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Sigma Lithium |
| = | 0.0686 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Sigma Return On Equity Comparison
Sigma Lithium is currently under evaluation in return on equity category among its peers.
Sigma Lithium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sigma Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sigma Lithium will eventually generate negative long term returns. The profitability progress is the general direction of Sigma Lithium's change in net profit over the period of time. It can combine multiple indicators of Sigma Lithium, 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 | ||
| Net Loss | -114.5 M | -108.8 M | |
| Net Interest Income | -15.7 M | -14.9 M | |
| Operating Income | -24.2 M | -25.4 M | |
| Net Loss | -38.2 M | -40.2 M | |
| Income Before Tax | -31.5 M | -33.1 M | |
| Total Other Income Expense Net | 8.4 M | 8.8 M | |
| Net Loss | -38.2 M | -40.2 M | |
| Interest Income | 3.4 M | 4.1 M | |
| Change To Netincome | 122.3 M | 128.4 M | |
| Net Loss | (0.35) | (0.37) | |
| Income Quality | 0.81 | 0.78 | |
| Net Income Per E B T | 1.21 | 1.29 |
Sigma Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sigma Lithium. 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 Sigma Lithium 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 Sigma Lithium's important profitability drivers and their relationship over time.
Use Sigma Lithium 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 Sigma Lithium 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 Sigma Lithium will appreciate offsetting losses from the drop in the long position's value.Sigma Lithium Pair Trading
Sigma Lithium Resources Pair Trading Analysis
The ability to find closely correlated positions to Sigma Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sigma Lithium 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 Sigma Lithium - 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 Sigma Lithium Resources to buy it.
The correlation of Sigma Lithium 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 Sigma Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sigma Lithium Resources 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 Sigma Lithium 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 Sigma Lithium position
In addition to having Sigma Lithium 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 Sigma Stock Analysis
When running Sigma Lithium's price analysis, check to measure Sigma Lithium'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 Sigma Lithium is operating at the current time. Most of Sigma Lithium's value examination focuses on studying past and present price action to predict the probability of Sigma Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sigma Lithium's price. Additionally, you may evaluate how the addition of Sigma Lithium to your portfolios can decrease your overall portfolio volatility.