Current Water Current Valuation vs. Shares Outstanding

WATR Stock  CAD 0.03  0.01  50.00%   
Considering Current Water's profitability and operating efficiency indicators, Current Water Technologies is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess Current Water's ability to earn profits and add value for shareholders. At this time, Current Water's Days Sales Outstanding is fairly stable compared to the past year. Operating Cash Flow Sales Ratio is likely to climb to 0.09 in 2024, whereas EV To Sales is likely to drop 3.93 in 2024. At this time, Current Water's Net Income is fairly stable compared to the past year. Income Before Tax is likely to climb to about 469.5 K in 2024, whereas Operating Income is likely to drop (560.9 K) in 2024.
For Current Water profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Current Water to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Current Water Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Current Water's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Current Water Technologies over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Current Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Current Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Current Water'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.

Current Water Techno Shares Outstanding vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Current Water's current stock value. Our valuation model uses many indicators to compare Current Water value to that of its competitors to determine the firm's financial worth.
Current Water Technologies is rated first in current valuation category among its peers. It is rated first in shares outstanding category among its peers creating about  36.16  of Shares Outstanding per Current Valuation. Common Stock Shares Outstanding is likely to climb to about 256.3 M in 2024. 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 Current Water's earnings, one of the primary drivers of an investment's value.

Current Current Valuation vs. Competition

Current Water Technologies is rated first in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is at this time estimated at about 22.03 Million. Current Water totals roughly 6.33 Million in current valuation claiming about 29% of equities under Industrials industry.

Current Shares Outstanding vs. Current Valuation

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.

Current Water

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
6.33 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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Current Water

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
228.94 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Current Shares Outstanding Comparison

Current Water is currently under evaluation in shares outstanding category among its peers.

Current Water Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Current Water, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Current Water will eventually generate negative long term returns. The profitability progress is the general direction of Current Water's change in net profit over the period of time. It can combine multiple indicators of Current Water, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income1.1 M660.7 K
Operating Income-534.2 K-560.9 K
Net Income447.2 K469.5 K
Income Tax Expense(900.00)(945.00)
Income Before Tax447.2 K469.5 K
Total Other Income Expense NetM1.1 M
Net Interest Income-44.8 K-42.6 K
Net Income From Continuing Ops447.2 K469.5 K
Net Loss-1.8 M-1.9 M
Change To Netincome102.2 K97.1 K
Income Quality 0.38  0.36 
Net Income Per E B T 0.90  0.51 

Current Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Current Water. 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 Current Water 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 Current Water's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Current Water without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Current Water position

In addition to having Current Water 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.

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Consumer Goods
Consumer Goods Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods 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 Consumer Goods Theme or any other thematic opportunities.
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Additional Tools for Current Stock Analysis

When running Current Water's price analysis, check to measure Current Water's 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 Current Water is operating at the current time. Most of Current Water's value examination focuses on studying past and present price action to predict the probability of Current Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Current Water's price. Additionally, you may evaluate how the addition of Current Water to your portfolios can decrease your overall portfolio volatility.