Viemed Healthcare Shares Owned By Insiders vs. Price To Book
| VMD Stock | USD 8.56 0.10 1.15% |
| 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 Price To Book vs. Shares Owned By Insiders 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 shares owned by insiders category among its peers. It is rated below average in price to book category among its peers fabricating about 0.21 of Price To Book per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Price To Book for Viemed Healthcare is roughly 4.74 . The current year's Price To Book Ratio is expected to grow to 3.98. 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 Price To Book vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Viemed Healthcare |
| = | 12.63 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
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.
Viemed Healthcare |
| = | 2.67 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.
Viemed Price To Book Comparison
Viemed Healthcare is currently under evaluation in price to book category among its peers.
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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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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.