Olympia Financial Group Stock Fundamentals
| OLY Stock | CAD 100.75 0.65 0.65% |
Olympia Financial Group fundamentals help investors to digest information that contributes to Olympia Financial's financial success or failures. It also enables traders to predict the movement of Olympia Stock. The fundamental analysis module provides a way to measure Olympia Financial's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Olympia Financial stock.
At this time, Olympia Financial's EBITDA is very stable compared to the past year. As of the 29th of November 2024, Total Operating Expenses is likely to grow to about 65.9 M, while Depreciation And Amortization is likely to drop about 1.6 M. Olympia | Select Account or Indicator |
Olympia Financial Group Company Return On Equity Analysis
Olympia Financial'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 Olympia Financial Return On Equity | 0.71 |
Most of Olympia Financial'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, Olympia Financial Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Olympia Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Olympia Financial is extremely important. It helps to project a fair market value of Olympia Stock properly, considering its historical fundamentals such as Return On Equity. Since Olympia Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Olympia Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Olympia Financial's interrelated accounts and indicators.
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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.
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Olympia Total Stockholder Equity
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Based on the latest financial disclosure, Olympia Financial Group has a Return On Equity of 0.7092. This is 51.09% lower than that of the Capital Markets sector and 89.48% lower than that of the Financials industry. The return on equity for all Canada stocks is notably lower than that of the firm.
Olympia Financial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Olympia Financial's current stock value. Our valuation model uses many indicators to compare Olympia Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Olympia Financial competition to find correlations between indicators driving Olympia Financial's intrinsic value. More Info.Olympia Financial Group is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.51 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Olympia Financial Group is roughly 1.98 . At this time, Olympia Financial's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Olympia Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Olympia Financial'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.Olympia Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Olympia Financial's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Olympia Financial could also be used in its relative valuation, which is a method of valuing Olympia Financial by comparing valuation metrics of similar companies.Olympia Financial is currently under evaluation in return on equity category among its peers.
Olympia Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of Olympia Financial from analyzing Olympia Financial's financial statements. These drivers represent accounts that assess Olympia Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Olympia Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 92.5M | 123.4M | 112.0M | 166.1M | 149.5M | 78.8M | |
| Enterprise Value | 83.9M | 118.2M | 110.7M | 164.0M | 147.6M | 75.0M |
Olympia Fundamentals
| Return On Equity | 0.71 | |||
| Return On Asset | 0.36 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.30 % | |||
| Current Valuation | 229.13 M | |||
| Shares Outstanding | 2.41 M | |||
| Shares Owned By Insiders | 34.63 % | |||
| Shares Owned By Institutions | 1.34 % | |||
| Number Of Shares Shorted | 452 | |||
| Price To Earning | 9.93 X | |||
| Price To Book | 6.03 X | |||
| Price To Sales | 2.35 X | |||
| Revenue | 99.82 M | |||
| Gross Profit | 68.23 M | |||
| EBITDA | 32.91 M | |||
| Net Income | 23.96 M | |||
| Cash Per Share | 8.01 X | |||
| Total Debt | 3.57 M | |||
| Debt To Equity | 66.00 % | |||
| Current Ratio | 1.18 X | |||
| Book Value Per Share | 14.68 X | |||
| Cash Flow From Operations | 18.95 M | |||
| Short Ratio | 0.51 X | |||
| Earnings Per Share | 9.48 X | |||
| Target Price | 99.33 | |||
| Number Of Employees | 325 | |||
| Beta | 0.27 | |||
| Market Capitalization | 242.44 M | |||
| Total Asset | 47.27 M | |||
| Retained Earnings | 27.35 M | |||
| Working Capital | 17.34 M | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 7.89 % | |||
| Net Asset | 47.27 M |
About Olympia Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Olympia Financial Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Olympia Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Olympia Financial Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 939.5 K | 986.5 K | |
| Total Revenue | 99.8 M | 104.8 M | |
| Cost Of Revenue | 3.7 M | 3.5 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.60 | 0.44 | |
| Revenue Per Share | 41.48 | 43.56 | |
| Ebit Per Revenue | 0.33 | 0.35 |
Pair Trading with Olympia Financial
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 Olympia Financial 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 Olympia Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Olympia Stock
The ability to find closely correlated positions to Olympia Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olympia Financial 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 Olympia Financial - 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 Olympia Financial Group to buy it.
The correlation of Olympia Financial 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 Olympia Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olympia Financial 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 Olympia Financial 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.Other Information on Investing in Olympia Stock
Olympia Financial financial ratios help investors to determine whether Olympia 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 Olympia with respect to the benefits of owning Olympia Financial security.