True North Operating Margin vs. Price To Earning
| TNT-UN Stock | CAD 11.52 0.16 1.41% |
True North Operating Profit Margin |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.67 | 0.5488 |
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For True North profitability analysis, we use financial ratios and fundamental drivers that measure the ability of True North to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well True North Commercial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between True North's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of True North Commercial over time as well as its relative position and ranking within its peers.
True |
True North Commercial Price To Earning vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining True North's current stock value. Our valuation model uses many indicators to compare True North value to that of its competitors to determine the firm's financial worth. True North Commercial is rated fourth in operating margin category among its peers. It is rated third in price to earning category among its peers reporting about 17.81 of Price To Earning per Operating Margin. At present, True North's Operating Profit Margin is projected to increase based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value True North by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for True North'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.True Price To Earning vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
True North |
| = | 0.49 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
True North |
| = | 8.80 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
True Price To Earning Comparison
True North is currently under evaluation in price to earning category among its peers.
True North Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in True North, profitability is also one of the essential criteria for including it into their portfolios because, without profit, True North will eventually generate negative long term returns. The profitability progress is the general direction of True North's change in net profit over the period of time. It can combine multiple indicators of True North, 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 | 66.9 M | 46 M | |
| Income Before Tax | -40.6 M | -38.6 M | |
| Total Other Income Expense Net | -107.5 M | -102.2 M | |
| Net Loss | -40.6 M | -38.6 M | |
| Income Tax Expense | 109.1 M | 114.6 M | |
| Net Loss | -40.6 M | -38.6 M | |
| Net Income Applicable To Common Shares | 19 M | 27.8 M | |
| Net Interest Income | -34.2 M | -35.9 M | |
| Interest Income | 34 K | 44.3 K | |
| Change To Netincome | 82.3 M | 86.4 M | |
| Net Loss | (2.47) | (2.35) | |
| Income Quality | (1.82) | (1.91) | |
| Net Loss | (1.29) | (1.22) |
True Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on True North. 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 True North 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 True North's important profitability drivers and their relationship over time.
Use True North 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 True North 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 True North will appreciate offsetting losses from the drop in the long position's value.True North Pair Trading
True North Commercial Pair Trading Analysis
The ability to find closely correlated positions to True North could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace True North 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 True North - 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 True North Commercial to buy it.
The correlation of True North 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 True North moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if True North Commercial 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 True North 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 True North position
In addition to having True North 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 Sport Products Thematic Idea Now
Sport Products
Companies manufacturing sporting goods and accessories. The Sport Products theme has 47 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 Sport Products Theme or any other thematic opportunities.
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Other Information on Investing in True Stock
To fully project True North's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of True North Commercial 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 True North's income statement, its balance sheet, and the statement of cash flows.