Viemed Healthcare Gross Profit vs. Revenue
| VMD Stock | USD 8.67 0.11 1.29% |
Gross Profit | First Reported 2017-03-31 | Previous Quarter 32.5 M | Current Value 34.4 M | Quarterly Volatility 7.5 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.76 | 0.6163 |
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| Net Profit Margin | 0.0532 | 0.056 |
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| Operating Profit Margin | 0.0744 | 0.0783 |
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| Pretax Profit Margin | 0.0747 | 0.0786 |
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| Return On Assets | 0.0628 | 0.0661 |
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| Return On Equity | 0.0854 | 0.0899 |
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For Viemed Healthcare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Viemed Healthcare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Viemed Healthcare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Viemed Healthcare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Viemed Healthcare over time as well as its relative position and ranking within its peers.
Viemed |
Viemed Healthcare's Revenue Breakdown by Earning Segment
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Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Viemed Healthcare. If investors know Viemed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Viemed Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.425 | Earnings Share 0.25 | Revenue Per Share 5.534 | Quarterly Revenue Growth 0.174 | Return On Assets 0.0686 |
The market value of Viemed Healthcare is measured differently than its book value, which is the value of Viemed that is recorded on the company's balance sheet. Investors also form their own opinion of Viemed Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Viemed Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Viemed Healthcare's market value can be influenced by many factors that don't directly affect Viemed Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Viemed Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Viemed Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Viemed Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Viemed Healthcare Revenue vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Viemed Healthcare's current stock value. Our valuation model uses many indicators to compare Viemed Healthcare value to that of its competitors to determine the firm's financial worth. Viemed Healthcare is rated below average in gross profit category among its peers. It is rated fifth in revenue category among its peers totaling about 2.16 of Revenue per Gross Profit. At present, Viemed Healthcare's Gross Profit is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Viemed Healthcare by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Viemed Revenue vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Viemed Healthcare |
| = | 84.68 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Viemed Healthcare |
| = | 183.01 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Viemed Revenue vs Competition
Viemed Healthcare is rated fifth in revenue category among its peers. Market size based on revenue of Health Care industry is at this time estimated at about 3.11 Billion. Viemed Healthcare holds roughly 183.01 Million in revenue claiming about 6% of equities under Health Care industry.
Viemed Healthcare Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Viemed Healthcare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Viemed Healthcare will eventually generate negative long term returns. The profitability progress is the general direction of Viemed Healthcare's change in net profit over the period of time. It can combine multiple indicators of Viemed Healthcare, 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 | -319.7 K | -335.7 K | |
| Operating Income | 14.3 M | 13.1 M | |
| Net Income From Continuing Ops | 9.2 M | 11.5 M | |
| Income Before Tax | 14.4 M | 12.3 M | |
| Non Operating Income Net Other | 1.1 M | 1.1 M | |
| Total Other Income Expense Net | 61 K | 64 K | |
| Net Income Applicable To Common Shares | 7.2 M | 11.6 M | |
| Net Income | 10.2 M | 11.6 M | |
| Income Tax Expense | 4.1 M | 4.4 M | |
| Net Interest Income | -200 K | -210 K | |
| Interest Income | 282.6 K | 218 K | |
| Change To Netincome | 19.5 M | 10 M | |
| Net Income Per Share | 0.27 | 0.44 | |
| Income Quality | 4.41 | 4.63 | |
| Net Income Per E B T | 0.71 | 0.68 |
Viemed Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Viemed Healthcare. 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 Viemed Healthcare 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 Viemed Healthcare's important profitability drivers and their relationship over time.
Use Viemed Healthcare 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 Viemed Healthcare 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 Viemed Healthcare will appreciate offsetting losses from the drop in the long position's value.Viemed Healthcare Pair Trading
Viemed Healthcare Pair Trading Analysis
The ability to find closely correlated positions to Viemed Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Viemed Healthcare 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 Viemed Healthcare - 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 Viemed Healthcare to buy it.
The correlation of Viemed Healthcare 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 Viemed Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Viemed Healthcare 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 Viemed Healthcare 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 Viemed Healthcare position
In addition to having Viemed Healthcare 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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Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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Check out World Market Map. For information on how to trade Viemed Stock refer to our How to Trade Viemed Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
To fully project Viemed Healthcare's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Viemed Healthcare 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 Viemed Healthcare's income statement, its balance sheet, and the statement of cash flows.