Yangarra Resources Net Income vs. Price To Earning

YGR Stock  CAD 1.03  0.01  0.96%   
Based on Yangarra Resources' profitability indicators, Yangarra Resources is performing exceptionally good at this time. It has a great risk to showcase excellent profitability results in January. Profitability indicators assess Yangarra Resources' ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2000-03-31
Previous Quarter
9.3 M
Current Value
M
Quarterly Volatility
6.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of the 4th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.68, while Price To Sales Ratio is likely to drop 0.74. At this time, Yangarra Resources' Net Income Per Share is very stable compared to the past year. As of the 4th of December 2024, Income Quality is likely to grow to 2.23, though Total Other Income Expense Net is likely to grow to (5.5 M).
For Yangarra Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Yangarra Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Yangarra Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Yangarra Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Yangarra Resources 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 Yangarra Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Yangarra Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yangarra Resources' 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.

Yangarra Resources Price To Earning vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Yangarra Resources's current stock value. Our valuation model uses many indicators to compare Yangarra Resources value to that of its competitors to determine the firm's financial worth.
Yangarra Resources is rated third in net income category among its peers. It is rated third in price to earning category among its peers . The ratio of Net Income to Price To Earning for Yangarra Resources is about  21,307,763 . At this time, Yangarra Resources' Net Income is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Yangarra Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Yangarra Resources' 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.

Yangarra Price To Earning vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Yangarra Resources

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
46.66 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Yangarra Resources

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
2.19 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

Yangarra Price To Earning Comparison

Yangarra Resources is currently under evaluation in price to earning category among its peers.

Yangarra Resources Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Yangarra Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Yangarra Resources will eventually generate negative long term returns. The profitability progress is the general direction of Yangarra Resources' change in net profit over the period of time. It can combine multiple indicators of Yangarra Resources, 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
Operating Income69 M72.4 M
Income Before Tax63.2 M66.3 M
Total Other Income Expense Net-5.8 M-5.5 M
Net Income46.7 M49 M
Income Tax Expense16.5 M17.3 M
Net Income From Continuing Ops46.7 M33.1 M
Net Income Applicable To Common Shares122.3 M128.4 M
Interest Income90 K85.5 K
Net Interest Income-12.4 M-13 M
Change To Netincome36.9 M38.7 M
Net Income Per Share 0.50  0.53 
Income Quality 2.12  2.23 
Net Income Per E B T 0.74  0.78 

Yangarra Profitability Driver Comparison

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

Use Yangarra Resources 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 Yangarra Resources 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 Yangarra Resources will appreciate offsetting losses from the drop in the long position's value.

Yangarra Resources Pair Trading

Yangarra Resources Pair Trading Analysis

The ability to find closely correlated positions to Yangarra Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yangarra Resources 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 Yangarra Resources - 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 Yangarra Resources to buy it.
The correlation of Yangarra Resources 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 Yangarra Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yangarra Resources 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 Yangarra Resources 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Yangarra Resources position

In addition to having Yangarra Resources 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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Run Basic Utilities Thematic Idea Now

Basic Utilities
Basic Utilities Theme
Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 47 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 Basic Utilities Theme or any other thematic opportunities.
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Other Information on Investing in Yangarra Stock

To fully project Yangarra Resources' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Yangarra Resources 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 Yangarra Resources' income statement, its balance sheet, and the statement of cash flows.
Potential Yangarra Resources investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Yangarra Resources investors may work on each financial statement separately, they are all related. The changes in Yangarra Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Yangarra Resources'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.