Canadian Tire Stock Analysis

Canadian Stock Analysis Notes

About 82.0% of the company shares are held by company insiders. The book value of Canadian Tire was currently reported as 102.83. The company has Price/Earnings To Growth (PEG) ratio of 0.56. Canadian Tire recorded earning per share (EPS) of 11.61. The entity last dividend was issued on the 31st of January 2025. Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. Canadian Tire Corporation, Limited was founded in 1922 and is headquartered in Toronto, Canada. CANADIAN TIRE operates under Specialty Retail classification in Canada and is traded on Toronto Stock Exchange. It employs 13303 people. For more info on Canadian Tire please contact Greg Hicks at 416 480 3000 or go to https://www.corp.canadiantire.ca.

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Canadian Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.64 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Tire's market, we take the total number of its shares issued and multiply it by Canadian Tire'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.

Canadian Profitablity

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08.

Management Efficiency

Canadian Tire has return on total asset (ROA) of 0.0372 % which means that it generated a profit of $0.0372 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1123 %, meaning that it generated $0.1123 on every $100 dollars invested by stockholders. Canadian Tire's management efficiency ratios could be used to measure how well Canadian Tire manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Capital Employed is likely to grow to 0.13, while Return On Tangible Assets are likely to drop 0.01. At this time, Canadian Tire's Non Current Assets Total are very stable compared to the past year. As of the 25th of November 2024, Other Current Assets is likely to grow to about 384.5 M, while Total Assets are likely to drop about 11.1 B.

Technical Drivers

As of the 25th of November, Canadian Tire shows the Standard Deviation of 2.13, risk adjusted performance of (0.01), and Mean Deviation of 0.967. Canadian Tire 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.

Canadian Tire Price Movement Analysis

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Canadian Tire Forecast Models

Canadian Tire's time-series forecasting models are one of many Canadian Tire'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 Canadian Tire'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Canadian Tire 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 Canadian 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 Canadian Tire. By using and applying Canadian Stock analysis, traders can create a robust methodology for identifying Canadian entry and exit points for their positions.

Canadian Tire financial ratios help investors to determine whether Canadian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canadian with respect to the benefits of owning Canadian Tire security.