AKITA Drilling Operating Margin vs. Price To Earning

AKT-A Stock  CAD 1.65  0.03  1.85%   
Considering the key profitability indicators obtained from AKITA Drilling's historical financial statements, AKITA Drilling's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess AKITA Drilling's ability to earn profits and add value for shareholders.

AKITA Drilling Operating Profit Margin

0.0872

At this time, AKITA Drilling's EV To Sales is comparatively stable compared to the past year. Operating Cash Flow Sales Ratio is likely to gain to 0.20 in 2024, whereas Price To Sales Ratio is likely to drop 0.23 in 2024. At this time, AKITA Drilling's Accumulated Other Comprehensive Income is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 19.5 M in 2024, whereas Net Interest Income is likely to drop (6.4 M) in 2024.
For AKITA Drilling profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AKITA Drilling to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AKITA Drilling utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AKITA Drilling's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AKITA Drilling 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 AKITA Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if AKITA Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AKITA Drilling'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.

AKITA Drilling Price To Earning vs. Operating Margin Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining AKITA Drilling's current stock value. Our valuation model uses many indicators to compare AKITA Drilling value to that of its competitors to determine the firm's financial worth.
AKITA Drilling is rated fifth in operating margin category among its peers. It also is rated fifth in price to earning category among its peers . At this time, AKITA Drilling's Operating Profit Margin 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 AKITA Drilling's earnings, one of the primary drivers of an investment's value.

AKITA Price To Earning vs. Operating Margin

Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

AKITA Drilling

Operating Margin

 = 

Operating Income

Revenue

X

100

 = 
(0) %
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

AKITA Drilling

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
(6.85) X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

AKITA Price To Earning Comparison

AKITA Drilling is currently under evaluation in price to earning category among its peers.

AKITA Drilling Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in AKITA Drilling, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AKITA Drilling will eventually generate negative long term returns. The profitability progress is the general direction of AKITA Drilling's change in net profit over the period of time. It can combine multiple indicators of AKITA Drilling, 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 IncomeM1.1 M
Operating Income13.8 M8.3 M
Income Before Tax18.5 M19.5 M
Total Other Income Expense Net4.7 MM
Net Income18.4 M19.3 M
Income Tax Expense130 K123.5 K
Net Income Applicable To Common Shares3.9 M4.1 M
Net Interest Income-6.1 M-6.4 M
Interest Income373 K391.6 K
Net Income From Continuing Ops18.4 M19.3 M
Change To Netincome-7 M-6.7 M
Net Income Per Share 0.46  0.42 
Income Quality 1.93  1.64 
Net Income Per E B T 0.99  0.58 

AKITA Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on AKITA Drilling. 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 AKITA Drilling 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 AKITA Drilling's important profitability drivers and their relationship over time.

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Additional Tools for AKITA Stock Analysis

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