Goodfood Competitors

Stocks . Canada . 
Stock . Goodfood Market Corp
FOOD Stock  CAD 0.45  0.01  2.27%   
Goodfood Market Corp competes with WELL Health, Lightspeed Commerce, IShares Canadian, Altagas Cum, and European Residential; as well as few others. The company operates under Diversified Consumer Services sector and is part of Consumer Discretionary industry. Analyzing Goodfood Market competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Goodfood Market to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Goodfood Market Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Goodfood Market competition on your existing holdings.
  
As of the 30th of November 2024, Return On Tangible Assets is likely to drop to -0.19. In addition to that, Return On Capital Employed is likely to drop to -0.22. At this time, Goodfood Market's Intangible Assets are very stable compared to the past year. As of the 30th of November 2024, Intangibles To Total Assets is likely to grow to 0.05, while Total Assets are likely to drop about 153.3 K.
Hype
Prediction
LowEstimatedHigh
0.020.425.01
Details
Intrinsic
Valuation
LowRealHigh
0.020.344.93
Details
Naive
Forecast
LowNextHigh
0.010.404.99
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.02-0.02-0.02
Details

Goodfood Market Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Goodfood Market and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Goodfood and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Goodfood Market Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ERE-UN
+ 0.92
LSPD
CLU
+ 0.92
LSPD
CLU
+ 0.89
ERE-UN
CLU
+ 0.88
WELL
LSPD
+ 0.81
WELL
ERE-UN
+ 0.81
WELL
  
High negative correlations   
ALA-PA
- 0.19
LSPD
ALA-PA
- 0.12
XHB
RUDB
- 0.11
ALA-PA
XEG
- 0.08
ALA-PA
BN-PFI
- 0.07
RUDB
ERE-UN
- 0.05
ALA-PA

Risk-Adjusted Indicators

There is a big difference between Goodfood Stock performing well and Goodfood Market Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Goodfood Market's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
WELL  1.80  0.25  0.13  0.30  1.89 
(2.24)
 5.05 
(3.11)
 16.00 
LSPD  1.58  0.54  0.33  0.61  0.99 
(1.81)
 4.46 
(2.20)
 17.13 
XHB  0.21  0.03 (0.38) 0.34  0.00 
(0.29)
 0.52 
(0.31)
 1.07 
ALA-PA  0.53  0.02 (0.13) 0.30  0.64 
(0.62)
 1.15 
(1.45)
 3.73 
ERE-UN  1.42  0.31  0.29  0.30  0.76 
(1.88)
 3.40 
(1.58)
 20.23 
CLU  0.48  0.06 (0.03) 0.28  0.34 
(0.69)
 0.92 
(0.97)
 4.36 
RUDB  0.25  0.05 (0.15) 0.74  0.22 
(0.28)
 0.61 
(0.47)
 1.96 
BN-PFI  0.51  0.04 (0.11) 22.96  0.57 
(0.63)
 1.23 
(1.12)
 2.87 
XEG  1.17 (0.03) 0.00 (0.06) 0.00 
 0.00 
 2.20 
(2.34)
 8.20 
SOLI-P  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 

Cross Equities Net Income Analysis

Compare Goodfood Market Corp and related stocks such as WELL Health Technologies, Lightspeed Commerce, and iShares Canadian HYBrid Net Income Over Time
Select Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity
201020112012201320142015201620172018201920202021202220232024
WELL(52.5 K)(52.5 K)(52.5 K)(118.6 K)(35.9 K)(145.9 K)(585.4 K)(10.2 M)(2 M)(7.8 M)(2.6 M)(30.7 M)19.1 M82 K86.1 K
LSPD(51.1 M)(51.1 M)(51.1 M)(51.1 M)(51.1 M)(51.1 M)(58.4 M)(96.2 M)(183.5 M)(53.5 M)(124.3 M)(288.4 M)(1.1 B)(164 M)(172.2 M)
ERE-UN(61.3 K)(61.3 K)(61.3 K)(61.3 K)(61.3 K)(61.3 K)(61.3 K)(1.4 M)5.3 M(16.8 M)118.7 M96.1 M116.4 M(114.2 M)(108.5 M)
SOLI-P(180.4 K)(180.4 K)(180.4 K)(180.4 K)(180.4 K)(180.4 K)(180.4 K)(180.4 K)(180.4 K)(180.4 K)(180.4 K)(180.4 K)(60.7 K)(51.3 K)(53.9 K)

Goodfood Market Corp and related stocks such as WELL Health Technologies, Lightspeed Commerce, and iShares Canadian HYBrid Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Goodfood Market Corp financial statement analysis. It represents the amount of money remaining after all of Goodfood Market Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Goodfood Market Competitive Analysis

The better you understand Goodfood Market competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Goodfood Market's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Goodfood Market's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
FOOD WELL LSPD XHB ALA-PA ERE-UN CLU RUDB BN-PFI XEG
 2.27 
 0.45 
Goodfood
 5.59 
 5.86 
WELL
 1.20 
 26.25 
Lightspeed
 1.07 
 19.91 
IShares
 0.15 
 19.65 
Altagas
 0.26 
 3.80 
European
 0.10 
 57.45 
IShares
 0.60 
 21.64 
RBC
 0.17 
 23.90 
Brookfield
 0.06 
 17.99 
IShares
Market Volatility
(90 Days Market Risk)
Out of control
Somewhat reliable
Very steady
Very steady
Very steady
Slightly risky
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Good
Good
Solid
Good
Modest
Solid
Good
Solid
OK
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Below Average
Very Low
Low
Low
Low
Below Average
About Average
Low
Unknown
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Under Valued
Over Valued
Fairly Valued
Under Valued
Fairly Valued
Fairly Valued
Under Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Buy
Strong Buy
Strong Sell
Sell
Strong Buy
Strong Hold
Hold
Strong Buy
Cautious Hold
Current Ratio
2.86
1.14
3.3
N/A
N/A
0.19
N/A
N/A
N/A
Net Asset
57.81 M
1.41 B
2.58 B
430.05 M
21.59 B
1.72 B
N/A
N/A
642.76 M
Profit Margin
-0.0254
0.0767
-0.14
N/A
0.0239
-0.49
N/A
N/A
N/A
EBITDA
1.15 M
101.88 M
(49.43 M)
N/A
1.14 B
66.25 M
N/A
N/A
N/A
Operating Margin
0.0394
0.071
-0.11
N/A
0.0733
0.68
N/A
N/A
N/A
Current Valuation
65.03 M
1.79 B
3.1 B
N/A
N/A
1.6 B
N/A
N/A
N/A
Price To Book
1.0
1.72
1.21
N/A
N/A
0.58
N/A
N/A
N/A
Retained Earnings
(217.19 M)
(63.58 M)
(2.16 B)
N/A
N/A
170.62 M
N/A
N/A
N/A
Five Year Return
N/A
N/A
N/A
2.8
N/A
5.24
N/A
N/A
20.0
One Year Return
N/A
N/A
N/A
11.6
N/A
N/A
N/A
9.1
13.8
Beta
-0.33
1.18
2.71
0.94
1.32
1.29
1.01
N/A
0.92
Number Of Employees
780
N/A
N/A
1
2.93 K
N/A
N/A
N/A
7
Equity Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
99.84
Shares Outstanding
77.23 M
248.93 M
151.92 M
N/A
N/A
92.21 M
N/A
N/A
N/A
Three Year Return
N/A
N/A
N/A
2.3
N/A
N/A
N/A
N/A
24.4
Cash Flow From Operations
(9.35 M)
62.59 M
(97.67 M)
N/A
738 M
55.21 M
N/A
N/A
N/A
Annual Yield
N/A
N/A
N/A
N/A
0.0524
0.0466
N/A
N/A
N/A
Total Debt
59.15 M
426.28 M
23.21 M
N/A
7.68 B
992.49 M
N/A
N/A
N/A
Return On Equity
-5.65
0.11
-0.0574
N/A
0.0477
-0.11
N/A
N/A
N/A
Bond Positions Weight
N/A
N/A
N/A
97.03
N/A
N/A
N/A
N/A
N/A
Holdings Turnover
N/A
N/A
N/A
30.71
N/A
N/A
N/A
N/A
154.1
Return On Asset
0.0161
0.0245
-0.0335
N/A
0.0273
0.0251
N/A
N/A
N/A
Number Of Shares Shorted
96.23 K
1.29 M
1.49 M
N/A
8.1 K
950.72 K
N/A
N/A
N/A
Book Value Per Share
-0.3
3.4
15.43
N/A
24.88
4.43
N/A
N/A
N/A
Total Asset
57.81 M
1.41 B
2.58 B
430.05 M
21.59 B
1.72 B
N/A
N/A
642.76 M
Debt To Equity
0.46
0.48
0.14
N/A
N/A
2.56
N/A
N/A
N/A
Short Ratio
0.65
1.25
2.22
N/A
1.62
2.1
N/A
N/A
N/A
Target Price
0.57
7.68
20.33
N/A
N/A
3.86
N/A
N/A
N/A
Last Dividend Paid
N/A
N/A
N/A
0.065
1.05
0.18
N/A
N/A
0.042
Shares Owned By Institutions
12.54
6.12
60.98
N/A
52.87
19.77
N/A
N/A
N/A
Market Capitalization
34.37 M
1.46 B
3.99 B
N/A
N/A
350.41 M
N/A
N/A
549.94 M
Price To Earnings To Growth
N/A
-1.32
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Earning
N/A
N/A
N/A
N/A
N/A
1.68
N/A
N/A
2.18
Price To Sales
0.22
1.52
3.94
N/A
N/A
3.61
N/A
N/A
N/A
Net Income
(16.46 M)
82 K
(163.96 M)
N/A
283 M
(114.23 M)
N/A
N/A
N/A
Earnings Per Share
-0.05
0.31
-1.25
N/A
0.89
-0.3
N/A
N/A
4.08
Shares Owned By Insiders
23.13
21.32
9.91
N/A
N/A
12.43
N/A
N/A
N/A
Revenue
168.56 M
776.05 M
909.27 M
N/A
10.57 B
95.68 M
N/A
N/A
N/A
Working Capital
3.71 M
23.44 M
773.23 M
N/A
N/A
(92.8 M)
N/A
N/A
N/A
Ten Year Return
N/A
N/A
N/A
3.5
N/A
N/A
N/A
N/A
4.9
Cash And Equivalents
36.88 M
48.91 M
800.15 M
N/A
N/A
15.95 M
N/A
N/A
N/A
Cash Per Share
2.22
0.25
2.19
N/A
N/A
0.18
N/A
N/A
N/A
Gross Profit
68.06 M
303.29 M
271.17 M
N/A
2.87 B
68.98 M
N/A
N/A
N/A
Day Typical Price
0.47
5.76
26.23
19.87
19.62
3.78
57.47
21.64
23.93
18.0
Accumulation Distribution
24308.31
125195.0
14578.08
62.14
30.53
5235.83
1.43
N/A
13.45
6096.46
Daily Balance Of Power
0.125
0.9688
0.4133
1.615385
0.375
0.0909
1.0
9.2 T
0.4
0.0667
Period Momentum Indicator
0.01
0.31
0.31
0.21
0.03
0.01
0.06
0.13
0.04
0.01
Rate Of Daily Change
1.02
1.06
1.01
1.01
1.0
1.0
1.0
1.01
1.0
1.0
Day Median Price
0.48
5.71
26.23
19.85
19.61
3.78
57.48
21.64
23.95
18.01
Price Action Indicator
(0.03)
0.31
0.18
0.17
0.055
0.03
N/A
0.065
(0.03)
(0.01)
Relative Strength Index
70.63
63.12
85.64
72.59
48.79
68.91
76.42
64.88
32.95
50.88
Coefficient Of Variation
554.13
569.34
353.98
523.93
1744.28
456.86
607.04
481.28
1346.76
(346,792)
Mean Deviation
3.01
1.8
1.58
0.2103
0.5256
1.42
0.4783
0.2471
0.508
1.17
Jensen Alpha
0.8623
0.2535
0.5407
0.0265
0.0175
0.308
0.0564
0.0522
0.0411
(0.03)
Total Risk Alpha
0.0511
0.0123
0.2741
(0)
(0.09)
0.1187
(0.01)
0.0044
(0.07)
(0.26)
Sortino Ratio
0.1849
0.1309
0.3285
(0.38)
(0.13)
0.2898
(0.03)
(0.15)
(0.11)
N/A
Downside Variance
13.42
5.69
2.87
0.0516
0.5713
1.95
0.5657
0.1868
0.569
N/A
Standard Deviation
4.52
2.56
2.46
0.2737
0.711
2.48
0.6904
0.3516
0.6913
1.51
Kurtosis
9.56
2.81
10.12
1.91
0.9508
20.72
5.15
2.45
0.2858
0.6792
Potential Upside
10.0
5.05
4.46
0.5189
1.15
3.4
0.9249
0.608
1.23
2.2
Treynor Ratio
(1.80)
0.3012
0.6077
0.3415
0.2969
0.303
0.2794
0.7392
22.96
(0.06)
Maximum Drawdown
28.13
16.0
17.13
1.07
3.73
20.23
4.36
1.96
2.87
8.2
Variance
20.4
6.56
6.04
0.0749
0.5055
6.13
0.4766
0.1236
0.4779
2.29
Market Risk Adjusted Performance
(1.79)
0.3112
0.6177
0.3515
0.3069
0.313
0.2894
0.7492
22.97
(0.05)
Risk Adjusted Performance
0.1463
0.1413
0.2228
0.128
0.0431
0.1742
0.1249
0.1471
0.0557
0.0047
Skewness
2.4
0.6367
2.25
1.01
(0.27)
3.59
1.11
(0.93)
(0.11)
(0.47)
Semi Deviation
2.09
1.89
0.9863
0.0
0.6443
0.7613
0.3443
0.2222
0.5673
N/A
Information Ratio
0.15
0.1219
0.2265
(0.31)
(0.14)
0.1633
(0.03)
(0.18)
(0.12)
(0.09)
Value At Risk
(3.85)
(3.11)
(2.20)
(0.31)
(1.45)
(1.58)
(0.97)
(0.47)
(1.12)
(2.34)
Expected Short fall
(5.55)
(2.24)
(1.81)
(0.29)
(0.62)
(1.88)
(0.69)
(0.28)
(0.63)
N/A
Downside Deviation
3.66
2.38
1.7
0.2272
0.7558
1.4
0.7521
0.4323
0.7543
N/A
Semi Variance
4.35
3.56
0.9727
(0.02)
0.4151
0.5796
0.1185
0.0494
0.3218
N/A

Goodfood Market Competition Performance Charts

Five steps to successful analysis of Goodfood Market Competition

Goodfood Market's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Goodfood Market Corp in relation to its competition. Goodfood Market's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Goodfood Market in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Goodfood Market's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Goodfood Market Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Other Information on Investing in Goodfood Stock

Goodfood Market financial ratios help investors to determine whether Goodfood 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 Goodfood with respect to the benefits of owning Goodfood Market security.
Balance Sheet
Statement
Details
Profit & Loss
Statement
Details
Cash Flow
Statement
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Financial
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