Soma Gold Price To Book vs. EBITDA
| SOMA Stock | CAD 0.54 0.03 5.88% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.36 | 0.3444 |
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| Operating Profit Margin | 0.15 | 0.2569 |
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| Pretax Profit Margin | 0.19 | 0.1722 |
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For Soma Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Soma Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Soma Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Soma Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Soma Gold Corp over time as well as its relative position and ranking within its peers.
Soma |
Soma Gold Corp EBITDA vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Soma Gold's current stock value. Our valuation model uses many indicators to compare Soma Gold value to that of its competitors to determine the firm's financial worth. Soma Gold Corp is rated second in price to book category among its peers. It is currently regarded as top stock in ebitda category among its peers totaling about 6,842,618 of EBITDA per Price To Book. At this time, Soma Gold's EBITDA 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 Soma Gold's earnings, one of the primary drivers of an investment's value.Soma EBITDA vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Soma Gold |
| = | 4.17 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
Soma Gold |
| = | 28.51 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.
Soma EBITDA Comparison
Soma Gold is currently under evaluation in ebitda category among its peers.
Soma Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Soma Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Soma Gold will eventually generate negative long term returns. The profitability progress is the general direction of Soma Gold's change in net profit over the period of time. It can combine multiple indicators of Soma Gold, 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 Interest Income | -6.5 M | -6.2 M | |
| Operating Income | 20.8 M | 21.9 M | |
| Net Income From Continuing Ops | 2.8 M | 2.9 M | |
| Income Before Tax | 14 M | 14.7 M | |
| Total Other Income Expense Net | -390.5 K | -410.1 K | |
| Net Income Applicable To Common Shares | 7.7 M | 8.1 M | |
| Net Income | 2.8 M | 2.9 M | |
| Income Tax Expense | 2 M | 2.1 M | |
| Interest Income | 400.4 K | 279.8 K | |
| Change To Netincome | -5 M | -4.7 M | |
| Net Income Per Share | 0.03 | 0.03 | |
| Income Quality | 6.85 | 7.20 | |
| Net Income Per E B T | 0.20 | 0.19 |
Soma Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Soma Gold. 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 Soma Gold 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 Soma Gold's important profitability drivers and their relationship over time.
Use Soma Gold 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 Soma Gold 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 Soma Gold will appreciate offsetting losses from the drop in the long position's value.Soma Gold Pair Trading
Soma Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Soma Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Soma Gold 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 Soma Gold - 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 Soma Gold Corp to buy it.
The correlation of Soma Gold 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 Soma Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Soma Gold 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 Soma Gold 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 Soma Gold position
In addition to having Soma Gold 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 Broad Debt ETFs Thematic Idea Now
Broad Debt ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Debt ETFs theme has 233 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 Broad Debt ETFs Theme or any other thematic opportunities.
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Additional Tools for Soma Stock Analysis
When running Soma Gold's price analysis, check to measure Soma Gold'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 Soma Gold is operating at the current time. Most of Soma Gold's value examination focuses on studying past and present price action to predict the probability of Soma Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soma Gold's price. Additionally, you may evaluate how the addition of Soma Gold to your portfolios can decrease your overall portfolio volatility.