Stantec Financial Statements From 2010 to 2025
| STN Stock | CAD 117.97 1.45 1.21% |
Check Stantec financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stantec's main balance sheet or income statement drivers, such as , as well as many indicators such as . Stantec financial statements analysis is a perfect complement when working with Stantec Valuation or Volatility modules.
Stantec |
Stantec Company Return On Equity Analysis
Stantec's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Stantec Return On Equity | 0.13 |
Most of Stantec's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Stantec is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Stantec has a Return On Equity of 0.134. This is 69.55% lower than that of the Construction & Engineering sector and 93.37% lower than that of the Industrials industry. The return on equity for all Canada stocks is 143.23% lower than that of the firm.
Stantec Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Stantec's current stock value. Our valuation model uses many indicators to compare Stantec value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Stantec competition to find correlations between indicators driving Stantec's intrinsic value. More Info.Stantec is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Stantec is roughly 2.08 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Stantec by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Stantec's 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.About Stantec Financial Statements
Stantec investors utilize fundamental indicators, such as revenue or net income, to predict how Stantec Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Stantec Inc. provides professional consulting services in the area of infrastructure and facilities for clients in the public and private sectors in Canada, the United States, and internationally. Stantec Inc. was founded in 1954 and is headquartered in Edmonton, Canada. STANTEC INC operates under Engineering Construction classification in Canada and is traded on Toronto Stock Exchange. It employs 22000 people.
Pair Trading with Stantec
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 Stantec 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 Stantec will appreciate offsetting losses from the drop in the long position's value.Moving against Stantec Stock
| 0.54 | BOFA | Bank of America | PairCorr |
| 0.43 | SGY | Surge Energy | PairCorr |
| 0.37 | RY | Royal Bank | PairCorr |
| 0.37 | RY-PS | Royal Bank | PairCorr |
| 0.33 | JPM | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to Stantec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stantec 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 Stantec - 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 Stantec to buy it.
The correlation of Stantec 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 Stantec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stantec 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 Stantec 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.Check out the analysis of Stantec Correlation against competitors. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.