Purpose Conservative Valuation
| PRP Etf | CAD 19.96 0.11 0.55% |
At this time, the etf appears to be fairly valued. Purpose Conservative holds a recent Real Value of C$19.77 per share. The prevailing price of the etf is C$19.96. Our model determines the value of Purpose Conservative from analyzing the etf fundamentals such as Return On Asset of -13.52, price to book of 0.28 X, and Current Valuation of 6.48 M as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Purpose Conservative's price fluctuation is very steady at this time. Calculation of the real value of Purpose Conservative is based on 3 months time horizon. Increasing Purpose Conservative's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Purpose Conservative is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Purpose Etf. However, Purpose Conservative's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 19.96 | Real 19.77 | Hype 19.85 | Naive 20.04 |
The intrinsic value of Purpose Conservative's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Purpose Conservative's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Purpose Conservative Income helps investors to forecast how Purpose etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Purpose Conservative more accurately as focusing exclusively on Purpose Conservative's fundamentals will not take into account other important factors: Purpose Conservative Total Value Analysis
Purpose Conservative Income is at this time projected to have takeover price of 6.48 M with market capitalization of 739.2 K, debt of 7.58 M, and cash on hands of 1.95 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Purpose Conservative fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
6.48 M | 739.2 K | 7.58 M | 1.95 M |
Purpose Conservative Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Purpose Conservative has an asset utilization ratio of 311.19 percent. This suggests that the ETF is making C$3.11 for each dollar of assets. An increasing asset utilization means that Purpose Conservative Income is more efficient with each dollar of assets it utilizes for everyday operations.Purpose Conservative Profitability Analysis
The company reported the revenue of 37 M. Net Loss for the year was (17.46 M).About Purpose Conservative Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Purpose Conservative Income. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Purpose Conservative based exclusively on its fundamental and basic technical indicators. By analyzing Purpose Conservative's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Purpose Conservative's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Purpose Conservative. We calculate exposure to Purpose Conservative's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose Conservative's related companies.The fund seeks to provide a moderate positive total return consisting of dividend income and capital appreciation, while trying to reduce portfolio volatility and monthly distributions, by investing in a broad range of asset classes which may include equities, fixed income, inflation sensitive securities and cash. PURPOSE CONSERVATIVE is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Purpose Etf
Purpose Conservative financial ratios help investors to determine whether Purpose Etf 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 Purpose with respect to the benefits of owning Purpose Conservative security.