Avicanna Price To Book vs. Return On Equity
| AVCN Stock | CAD 0.37 0.03 7.50% |
For Avicanna profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avicanna to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avicanna utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avicanna's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avicanna over time as well as its relative position and ranking within its peers.
Avicanna |
Avicanna Return On Equity vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Avicanna's current stock value. Our valuation model uses many indicators to compare Avicanna value to that of its competitors to determine the firm's financial worth. Avicanna is number one stock in price to book category among its peers. It is rated fourth in return on equity category among its peers . At this time, Avicanna'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 Avicanna by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Avicanna'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.Avicanna Return On Equity vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Avicanna |
| = | 23.62 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.
Avicanna |
| = | -1.12 |
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.
Avicanna Return On Equity Comparison
Avicanna is currently under evaluation in return on equity category among its peers.
Avicanna Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Avicanna, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avicanna will eventually generate negative long term returns. The profitability progress is the general direction of Avicanna's change in net profit over the period of time. It can combine multiple indicators of Avicanna, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 17.6 M | 18.5 M | |
| Net Interest Income | -610.3 K | -640.8 K | |
| Interest Income | 1.7 M | 1.1 M | |
| Operating Income | -7.7 M | -8.1 M | |
| Net Loss | -8.7 M | -9.2 M | |
| Income Before Tax | -8.7 M | -9.2 M | |
| Total Other Income Expense Net | -1.1 M | -1.1 M | |
| Net Loss | -13.3 M | -13.9 M | |
| Net Loss | -7.9 M | -8.3 M | |
| Income Tax Expense | -857.5 K | -814.6 K | |
| Change To Netincome | 7.7 M | 4.6 M | |
| Net Loss | (0.10) | (0.11) | |
| Income Quality | 0.16 | 0.15 | |
| Net Income Per E B T | 1.05 | 0.81 |
Avicanna Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Avicanna. 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 Avicanna 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 Avicanna's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Avicanna without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ETF CategoriesList of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
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Use Investing Themes to Complement your Avicanna position
In addition to having Avicanna in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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Other Information on Investing in Avicanna Stock
To fully project Avicanna's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Avicanna at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Avicanna's income statement, its balance sheet, and the statement of cash flows.