Corus Entertainment Stock Analysis

CJR-B Stock  CAD 0.11  0.01  8.33%   
Corus Entertainment is overvalued with Real Value of 0.11 and Hype Value of 0.11. The main objective of Corus Entertainment stock analysis is to determine its intrinsic value, which is an estimate of what Corus Entertainment is worth, separate from its market price. There are two main types of Corus Entertainment's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Corus Entertainment's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Corus Entertainment's stock to identify patterns and trends that may indicate its future price movements.
The Corus Entertainment stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Corus Entertainment is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Corus Stock trading window is adjusted to America/Toronto timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corus Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Corus Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.12. Some equities with similar Price to Book (P/B) outperform the market in the long run. Corus Entertainment recorded a loss per share of 3.87. The entity last dividend was issued on the 28th of July 2023. The firm had 2:1 split on the 30th of January 2008. Corus Entertainment Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. Corus Entertainment Inc. was founded in 1998 and is headquartered in Toronto, Canada. CORUS ENTERTAINMENT operates under Entertainment classification in Canada and is traded on Toronto Stock Exchange. For more info on Corus Entertainment please contact MBA HBA at 416 479 7000 or go to https://www.corusent.com.

Corus Entertainment Quarterly Total Revenue

269.35 Million

Corus Entertainment Investment Alerts

Corus Entertainment generated a negative expected return over the last 90 days
Corus Entertainment has high historical volatility and very poor performance
Corus Entertainment has some characteristics of a very speculative penny stock
Corus Entertainment has high likelihood to experience some financial distress in the next 2 years
Corus Entertainment has accumulated 1.17 B in total debt with debt to equity ratio (D/E) of 1.6, which is about average as compared to similar companies. Corus Entertainment has a current ratio of 0.65, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Corus Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, Corus Entertainment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Corus Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Corus to invest in growth at high rates of return. When we think about Corus Entertainment's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 1.27 B. Net Loss for the year was (766.74 M) with profit before overhead, payroll, taxes, and interest of 443.64 M.
Latest headline from news.google.com: Canadas Corus Entertainment Puts Itself Up for Sale as Debt Tops 1 Billion - TipRanks

Corus Largest EPS Surprises

Earnings surprises can significantly impact Corus Entertainment's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-10-22
2021-08-310.090.10.0111 
2023-04-13
2023-02-28-0.05-0.07-0.0240 
2020-04-01
2020-02-290.10.120.0220 
View All Earnings Estimates

Corus Entertainment Thematic Classifications

In addition to having Corus Entertainment stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Entertainment Idea
Entertainment
USA Equities from Entertainment industry as classified by Fama & French

Corus Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 21.94 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Corus Entertainment's market, we take the total number of its shares issued and multiply it by Corus Entertainment's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Corus Profitablity

Corus Entertainment's profitability indicators refer to fundamental financial ratios that showcase Corus Entertainment's ability to generate income relative to its revenue or operating costs. If, let's say, Corus Entertainment is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Corus Entertainment's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Corus Entertainment's profitability requires more research than a typical breakdown of Corus Entertainment's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.61) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.
Last ReportedProjected for Next Year
Return On Tangible Assets(1.04)(0.99)
Return On Capital Employed 0.18  0.19 
Return On Assets(0.52)(0.49)
Return On Equity 1.66  1.74 

Management Efficiency

Corus Entertainment has return on total asset (ROA) of 0.0509 % which means that it generated a profit of $0.0509 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (13.0763) %, meaning that it generated substantial loss on money invested by shareholders. Corus Entertainment's management efficiency ratios could be used to measure how well Corus Entertainment manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Corus Entertainment's Return On Capital Employed is comparatively stable compared to the past year. Return On Equity is likely to gain to 1.74 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0.99). At this time, Corus Entertainment's Non Current Liabilities Total is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 56.8 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 355.9 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share(1.71)(1.63)
Tangible Book Value Per Share(5.46)(5.73)
Enterprise Value Over EBITDA(4.71)(4.47)
Price Book Value Ratio(0.06)(0.05)
Enterprise Value Multiple(4.71)(4.47)
Price Fair Value(0.06)(0.05)
Enterprise Value1.6 B2.3 B
Corus Entertainment's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Operating Margin
0.0697
Profit Margin
(0.61)
Beta
2.075
Return On Assets
0.0509
Return On Equity
(13.08)

Technical Drivers

As of the 27th of November, Corus Entertainment shows the Mean Deviation of 5.06, risk adjusted performance of 0.007, and Standard Deviation of 8.71. Corus Entertainment technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Corus Entertainment Price Movement Analysis

The output start index for this execution was three with a total number of output elements of fifty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Corus Entertainment middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Corus Entertainment. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Corus Entertainment Outstanding Bonds

Corus Entertainment issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Corus Entertainment uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Corus bonds can be classified according to their maturity, which is the date when Corus Entertainment has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Corus Entertainment Predictive Daily Indicators

Corus Entertainment intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Corus Entertainment stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Corus Entertainment Forecast Models

Corus Entertainment's time-series forecasting models are one of many Corus Entertainment's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Corus Entertainment's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Corus Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Corus Entertainment prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Corus shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Corus Entertainment. By using and applying Corus Stock analysis, traders can create a robust methodology for identifying Corus entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.75)(0.71)
Operating Profit Margin 0.14  0.19 
Net Loss(0.61)(0.58)
Gross Profit Margin 0.50  0.38 

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Corus Entertainment to your portfolios without increasing risk or reducing expected return.

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Additional Tools for Corus Stock Analysis

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