Westaim Corp Return On Asset vs. Price To Sales
| WED Stock | CAD 4.95 0.02 0.41% |
For Westaim Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Westaim Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Westaim Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Westaim Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Westaim Corp over time as well as its relative position and ranking within its peers.
Westaim |
Westaim Corp Price To Sales vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Westaim Corp's current stock value. Our valuation model uses many indicators to compare Westaim Corp value to that of its competitors to determine the firm's financial worth. Westaim Corp is rated first in return on asset category among its peers. It is rated first in price to sales category among its peers fabricating about 79.78 of Price To Sales per Return On Asset. At this time, Westaim Corp's Price To Sales Ratio 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 Westaim Corp's earnings, one of the primary drivers of an investment's value.Westaim Price To Sales vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Westaim Corp |
| = | 0.076 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Westaim Corp |
| = | 6.06 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Westaim Price To Sales Comparison
Westaim Corp is currently under evaluation in price to sales category among its peers.
Westaim Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Westaim Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Westaim Corp will eventually generate negative long term returns. The profitability progress is the general direction of Westaim Corp's change in net profit over the period of time. It can combine multiple indicators of Westaim Corp, 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 | -2.2 M | -2.1 M | |
| Operating Income | 186.3 M | 195.6 M | |
| Income Before Tax | 186.3 M | 195.6 M | |
| Total Other Income Expense Net | -1.5 M | -1.4 M | |
| Net Income | 184 M | 193.2 M | |
| Income Tax Expense | 2.3 M | 2.4 M | |
| Net Income From Continuing Ops | 184 M | 193.2 M | |
| Net Income Applicable To Common Shares | 20.7 M | 21.7 M | |
| Net Interest Income | 2.7 M | 2.9 M | |
| Interest Income | 3.8 M | 3.9 M | |
| Change To Netincome | -22.4 M | -21.3 M | |
| Net Income Per Share | 1.32 | 1.38 | |
| Income Quality | (0.02) | (0.02) | |
| Net Income Per E B T | 0.99 | 1.13 |
Westaim Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Westaim Corp. 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 Westaim Corp 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 Westaim Corp's important profitability drivers and their relationship over time.
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Additional Tools for Westaim Stock Analysis
When running Westaim Corp's price analysis, check to measure Westaim Corp'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 Westaim Corp is operating at the current time. Most of Westaim Corp's value examination focuses on studying past and present price action to predict the probability of Westaim Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westaim Corp's price. Additionally, you may evaluate how the addition of Westaim Corp to your portfolios can decrease your overall portfolio volatility.