Reitmans Canada Stock Beta
| RET Stock | CAD 2.41 0.27 10.07% |
Reitmans Canada fundamentals help investors to digest information that contributes to Reitmans Canada's financial success or failures. It also enables traders to predict the movement of Reitmans Stock. The fundamental analysis module provides a way to measure Reitmans Canada'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 Reitmans Canada stock.
Reitmans | Beta |
Reitmans Canada Company Beta Analysis
Reitmans Canada's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Reitmans Canada Beta | 0.008 |
Most of Reitmans Canada's fundamental indicators, such as Beta, 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, Reitmans Canada is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Reitmans Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Reitmans Canada is extremely important. It helps to project a fair market value of Reitmans Stock properly, considering its historical fundamentals such as Beta. Since Reitmans Canada'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 Reitmans Canada'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 Reitmans Canada's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Reitmans Canada has a Beta of 0.008. This is 99.05% lower than that of the Specialty Retail sector and significantly higher than that of the Consumer Discretionary industry. The beta for all Canada stocks is 105.33% lower than that of the firm.
Reitmans Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reitmans Canada's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Reitmans Canada could also be used in its relative valuation, which is a method of valuing Reitmans Canada by comparing valuation metrics of similar companies.Reitmans Canada is currently under evaluation in beta category among its peers.
As returns on the market increase, Reitmans Canada's returns are expected to increase less than the market. However, during the bear market, the loss of holding Reitmans Canada is expected to be smaller as well.
Reitmans Fundamentals
| Return On Equity | 0.0564 | ||||
| Return On Asset | 0.0306 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 143.77 M | ||||
| Shares Outstanding | 13.44 M | ||||
| Shares Owned By Insiders | 57.50 % | ||||
| Shares Owned By Institutions | 3.91 % | ||||
| Number Of Shares Shorted | 1.24 K | ||||
| Price To Book | 0.45 X | ||||
| Price To Sales | 0.14 X | ||||
| Revenue | 794.69 M | ||||
| Gross Profit | 443.74 M | ||||
| EBITDA | 36.41 M | ||||
| Net Income | 14.81 M | ||||
| Cash And Equivalents | 90.34 M | ||||
| Cash Per Share | 1.85 X | ||||
| Total Debt | 211.73 M | ||||
| Debt To Equity | 1.11 % | ||||
| Current Ratio | 0.91 X | ||||
| Book Value Per Share | 5.99 X | ||||
| Cash Flow From Operations | 69.53 M | ||||
| Short Ratio | 0.27 X | ||||
| Earnings Per Share | 0.33 X | ||||
| Beta | 0.008 | ||||
| Market Capitalization | 113.99 M | ||||
| Total Asset | 490.75 M | ||||
| Retained Earnings | 238.67 M | ||||
| Working Capital | 154.48 M | ||||
| Net Asset | 490.75 M |
About Reitmans Canada Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reitmans Canada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reitmans Canada using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reitmans Canada 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.
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Additional Tools for Reitmans Stock Analysis
When running Reitmans Canada's price analysis, check to measure Reitmans Canada's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reitmans Canada is operating at the current time. Most of Reitmans Canada's value examination focuses on studying past and present price action to predict the probability of Reitmans Canada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reitmans Canada's price. Additionally, you may evaluate how the addition of Reitmans Canada to your portfolios can decrease your overall portfolio volatility.