SIR Royalty EBITDA vs. Cash Per Share
| SRV-UN Stock | CAD 12.54 0.09 0.72% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 11.7 M | Current Value 12.2 M | Quarterly Volatility 17.7 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Gross Profit Margin | 0.63 | 0.75 |
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| Net Profit Margin | 0.61 | 0.8195 |
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| Operating Profit Margin | 0.7 | 0.89 |
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| Pretax Profit Margin | 1.13 | 0.9747 |
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For SIR Royalty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SIR Royalty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SIR Royalty Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SIR Royalty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SIR Royalty Income over time as well as its relative position and ranking within its peers.
SIR |
SIR Royalty Income Cash Per Share vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SIR Royalty's current stock value. Our valuation model uses many indicators to compare SIR Royalty value to that of its competitors to determine the firm's financial worth. SIR Royalty Income is rated fifth in ebitda category among its peers. It also is rated fifth in cash per share category among its peers . The ratio of EBITDA to Cash Per Share for SIR Royalty Income is about 291,484,750 . At present, SIR Royalty's EBITDA is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value SIR Royalty by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SIR Royalty'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.SIR Cash Per Share vs. EBITDA
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.
SIR Royalty |
| = | 11.66 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
SIR Royalty |
| = | 0.04 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
SIR Cash Per Share Comparison
SIR Royalty is currently under evaluation in cash per share category among its peers.
SIR Royalty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SIR Royalty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SIR Royalty will eventually generate negative long term returns. The profitability progress is the general direction of SIR Royalty's change in net profit over the period of time. It can combine multiple indicators of SIR Royalty, 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 | ||
| Operating Income | 11.7 M | 8.2 M | |
| Income Before Tax | 22.7 M | 23.9 M | |
| Total Other Income Expense Net | 22.7 M | 23.9 M | |
| Net Income | 19.1 M | 20.1 M | |
| Income Tax Expense | 3.6 M | 3.1 M | |
| Net Income From Continuing Ops | 19.1 M | 20.1 M | |
| Net Income Applicable To Common Shares | 4.4 M | 4.6 M | |
| Net Interest Income | -12.8 M | -12.2 M | |
| Interest Income | 16.4 M | 17.2 M | |
| Change To Netincome | 1.7 M | 1.6 M | |
| Net Income Per Share | 2.28 | 2.40 | |
| Income Quality | 0.42 | 0.40 | |
| Net Income Per E B T | 0.84 | 0.62 |
SIR Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SIR Royalty. 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 SIR Royalty 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 SIR Royalty's important profitability drivers and their relationship over time.
Use SIR Royalty 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 SIR Royalty 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 SIR Royalty will appreciate offsetting losses from the drop in the long position's value.SIR Royalty Pair Trading
SIR Royalty Income Pair Trading Analysis
The ability to find closely correlated positions to SIR Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SIR Royalty 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 SIR Royalty - 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 SIR Royalty Income to buy it.
The correlation of SIR Royalty 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 SIR Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SIR Royalty 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 SIR Royalty 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 SIR Royalty position
In addition to having SIR Royalty 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 Computers Thematic Idea Now
Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 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 Computers Theme or any other thematic opportunities.
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Other Information on Investing in SIR Stock
To fully project SIR Royalty's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SIR Royalty 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 SIR Royalty's income statement, its balance sheet, and the statement of cash flows.