| YAAA Stock | | | EUR 104.20 0.50 0.48% |
Canadian Tire
fundamentals help investors to digest information that contributes to Canadian TireLimited's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The
fundamental analysis module provides a way to measure
Canadian TireLimited'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 Canadian TireLimited stock.
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Canadian Tire Company Book Value Per Share Analysis
Canadian TireLimited's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Current Canadian TireLimited Book Value Per Share | | | | 97.37 X |
Most of Canadian TireLimited's fundamental indicators, such as Book Value Per Share, 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, Canadian Tire is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
In accordance with the recently published financial statements, the book value per share of Canadian Tire is about 97 times. This is 10.34% higher than that of the Consumer Cyclical sector and notably higher than that of the
Specialty Retail industry. The book value per share for all Germany stocks is 94.96% higher than that of the company.
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Canadian Fundamentals
About Canadian TireLimited Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Canadian Tire's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian TireLimited using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Canadian Tire 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.
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Other Information on Investing in Canadian Stock
Canadian TireLimited financial ratios help investors to determine whether Canadian 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 Canadian with respect to the benefits of owning Canadian TireLimited security.