Thor Explorations EBITDA vs. Current Valuation
| THX Stock | CAD 0.30 0.02 7.14% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 76.2 M | Current Value 80 M | Quarterly Volatility 32.2 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.34 | 0.2738 |
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For Thor Explorations profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thor Explorations to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thor Explorations utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thor Explorations's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thor Explorations over time as well as its relative position and ranking within its peers.
Thor |
Thor Explorations Current Valuation vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Thor Explorations's current stock value. Our valuation model uses many indicators to compare Thor Explorations value to that of its competitors to determine the firm's financial worth. Thor Explorations is rated second in ebitda category among its peers. It is rated fourth in current valuation category among its peers reporting about 2.68 of Current Valuation per EBITDA. At this time, Thor Explorations' 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 Thor Explorations' earnings, one of the primary drivers of an investment's value.Thor Current Valuation 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.
Thor Explorations |
| = | 76.23 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.
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.
Thor Explorations |
| = | 204.46 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.
Thor Current Valuation vs Competition
Thor Explorations is rated fourth 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 4.83 Billion. Thor Explorations holds roughly 204.46 Million in current valuation claiming about 4% of all equities under Materials industry.
Thor Explorations Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Thor Explorations, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thor Explorations will eventually generate negative long term returns. The profitability progress is the general direction of Thor Explorations' change in net profit over the period of time. It can combine multiple indicators of Thor Explorations, 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 | 461.5 K | 749.1 K | |
| Operating Income | 38.1 M | 40 M | |
| Net Income | 14.7 M | 15.4 M | |
| Income Tax Expense | 2.00 | 1.90 | |
| Income Before Tax | 14.7 M | 15.4 M | |
| Total Other Income Expense Net | -23.4 M | -22.3 M | |
| Net Income From Continuing Ops | 10.9 M | 11.4 M | |
| Net Loss | -3.5 M | -3.7 M | |
| Net Interest Income | -13.1 M | -12.5 M | |
| Change To Netincome | 32.5 M | 34.1 M | |
| Net Income Per Share | 0.02 | 0.02 | |
| Income Quality | 7.80 | 8.19 | |
| Net Income Per E B T | 0.89 | 0.78 |
Thor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thor Explorations. 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 Thor Explorations 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 Thor Explorations' important profitability drivers and their relationship over time.
Use Thor Explorations 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 Thor Explorations 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 Thor Explorations will appreciate offsetting losses from the drop in the long position's value.Thor Explorations Pair Trading
Thor Explorations Pair Trading Analysis
The ability to find closely correlated positions to Thor Explorations could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thor Explorations 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 Thor Explorations - 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 Thor Explorations to buy it.
The correlation of Thor Explorations 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 Thor Explorations moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thor Explorations 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 Thor Explorations 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 Thor Explorations position
In addition to having Thor Explorations 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 Thor Stock Analysis
When running Thor Explorations' price analysis, check to measure Thor Explorations' 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 Thor Explorations is operating at the current time. Most of Thor Explorations' value examination focuses on studying past and present price action to predict the probability of Thor Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Explorations' price. Additionally, you may evaluate how the addition of Thor Explorations to your portfolios can decrease your overall portfolio volatility.