AGF Management Gross Profit vs. Return On Asset

AGF-B Stock  CAD 11.01  0.05  0.45%   
Based on AGF Management's profitability indicators, AGF Management's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess AGF Management's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
1993-05-31
Previous Quarter
42.7 M
Current Value
137.6 M
Quarterly Volatility
57.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, AGF Management's Days Sales Outstanding is comparatively stable compared to the past year. Operating Cash Flow Sales Ratio is likely to gain to 0.31 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.43 in 2024. At this time, AGF Management's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Change To Netincome is likely to gain to about 3.3 M in 2024, whereas Total Other Income Expense Net is likely to drop (16.9 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.671.15
Way Down
Very volatile
Net Profit Margin0.180.21
Fairly Down
Slightly volatile
Operating Profit Margin0.470.31
Way Up
Pretty Stable
Pretax Profit Margin0.240.28
Fairly Down
Slightly volatile
Return On Assets0.05560.071
Significantly Down
Slightly volatile
Return On Equity0.140.0926
Way Up
Very volatile
For AGF Management profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AGF Management to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AGF Management Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AGF Management's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AGF Management Limited over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between AGF Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGF Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGF Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

AGF Management Return On Asset vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining AGF Management's current stock value. Our valuation model uses many indicators to compare AGF Management value to that of its competitors to determine the firm's financial worth.
AGF Management Limited is rated below average in gross profit category among its peers. It is number one stock in return on asset category among its peers . The ratio of Gross Profit to Return On Asset for AGF Management Limited is about  8,300,788,462 . At this time, AGF Management's Gross Profit is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AGF Management's earnings, one of the primary drivers of an investment's value.

AGF Return On Asset vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

AGF Management

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
431.64 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

AGF Management

Return On Asset

 = 

Net Income

Total Assets

 = 
0.052
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

AGF Return On Asset Comparison

AGF Management is currently under evaluation in return on asset category among its peers.

AGF Management Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in AGF Management, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AGF Management will eventually generate negative long term returns. The profitability progress is the general direction of AGF Management's change in net profit over the period of time. It can combine multiple indicators of AGF Management, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income3.3 M3.5 M
Operating Income116.1 M114.1 M
Income Before Tax132.3 M106 M
Total Other Income Expense Net-16.1 M-16.9 M
Net Income100.9 M81.5 M
Income Tax Expense24.6 M18.9 M
Net Income From Continuing Ops100.9 M75.4 M
Net Income Applicable To Common Shares76.6 M74 M
Net Interest Income-3.8 M-4 M
Interest Income1.8 M1.1 M
Change To Netincome3.1 M3.3 M
Net Income Per Share 1.22  0.73 
Income Quality 1.14  1.98 
Net Income Per E B T 0.69  0.61 

AGF Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on AGF Management. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of AGF Management position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the AGF Management's important profitability drivers and their relationship over time.

Use AGF Management in pair-trading

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 AGF Management 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 AGF Management will appreciate offsetting losses from the drop in the long position's value.

AGF Management Pair Trading

AGF Management Limited Pair Trading Analysis

The ability to find closely correlated positions to AGF Management could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AGF Management 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 AGF Management - 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 AGF Management Limited to buy it.
The correlation of AGF Management 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 AGF Management moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AGF Management 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 AGF Management 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your AGF Management position

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Non-Metallic and Industrial Metal Mining
Non-Metallic and Industrial Metal Mining Theme
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Additional Tools for AGF Stock Analysis

When running AGF Management's price analysis, check to measure AGF Management'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 AGF Management is operating at the current time. Most of AGF Management's value examination focuses on studying past and present price action to predict the probability of AGF Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AGF Management's price. Additionally, you may evaluate how the addition of AGF Management to your portfolios can decrease your overall portfolio volatility.