Western Energy Price To Sales vs. Return On Asset

WRG Stock  CAD 2.69  0.11  4.26%   
Based on the key profitability measurements obtained from Western Energy's financial statements, Western Energy Services may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Western Energy's ability to earn profits and add value for shareholders.

Western Energy Price To Sales Ratio

0.41

At this time, Western Energy's Days Sales Outstanding is very stable compared to the past year. As of the 25th of November 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.18, while Price To Sales Ratio is likely to drop 0.41. At this time, Western Energy's Operating Income is very stable compared to the past year. As of the 25th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 27.4 M, while Accumulated Other Comprehensive Income is likely to drop about 13.8 M.
For Western Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Western Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Western Energy Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Western Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Western Energy Services 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 Western Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Energy'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.

Western Energy Services Return On Asset vs. Price To Sales Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Western Energy's current stock value. Our valuation model uses many indicators to compare Western Energy value to that of its competitors to determine the firm's financial worth.
Western Energy Services is rated third in price to sales category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.01  of Return On Asset per Price To Sales. The ratio of Price To Sales to Return On Asset for Western Energy Services is roughly  125.61 . At this time, Western Energy's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Western Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Western Energy'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.

Western Return On Asset vs. Price To Sales

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.

Western Energy

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.41 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.
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.

Western Energy

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0033
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.

Western Return On Asset Comparison

Western Energy is currently under evaluation in return on asset category among its peers.

Western Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Western Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Western Energy will eventually generate negative long term returns. The profitability progress is the general direction of Western Energy's change in net profit over the period of time. It can combine multiple indicators of Western Energy, 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 Income26.1 M13.8 M
Operating Income2.8 M3.4 M
Net Loss-7.2 M-7.6 M
Income Tax Expense-1.4 M-1.5 M
Income Before Tax-8.3 M-8.7 M
Total Other Income Expense Net-11.1 M-11.6 M
Net Loss-6.9 M-7.2 M
Net Income Applicable To Common Shares26.1 M27.4 M
Net Interest Income-11.4 M-12 M
Interest Income130 K123.5 K
Change To Netincome-26.4 M-25.1 M
Net Loss(0.21)(0.22)
Income Quality(5.63)(5.35)
Net Income Per E B T 0.87  0.95 

Western Profitability Driver Comparison

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

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Aluminum Theme
Companies involved in production of aluminum. The Aluminum theme has 39 constituents at this time.
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Other Information on Investing in Western Stock

To fully project Western Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Western Energy Services 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 Western Energy's income statement, its balance sheet, and the statement of cash flows.
Potential Western Energy investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Western Energy investors may work on each financial statement separately, they are all related. The changes in Western Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Western Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.