Cameco Corp Price To Sales vs. Gross Profit
| CCO Stock | CAD 77.28 2.41 3.02% |
Cameco Corp Price To Sales Ratio |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.36 | 0.217 |
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For Cameco Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cameco Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cameco Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cameco Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cameco Corp over time as well as its relative position and ranking within its peers.
Cameco |
Cameco Corp Gross Profit vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cameco Corp's current stock value. Our valuation model uses many indicators to compare Cameco Corp value to that of its competitors to determine the firm's financial worth. Cameco Corp is number one stock in price to sales category among its peers. It also is number one stock in gross profit category among its peers fabricating about 52,307,807 of Gross Profit per Price To Sales. At this time, Cameco Corp's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Cameco Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cameco Corp'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.Cameco Gross Profit vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Cameco Corp |
| = | 12.03 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
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.
Cameco Corp |
| = | 629.11 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.
Cameco Gross Profit Comparison
Cameco Corp is currently under evaluation in gross profit category among its peers.
Cameco Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cameco Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cameco Corp will eventually generate negative long term returns. The profitability progress is the general direction of Cameco Corp's change in net profit over the period of time. It can combine multiple indicators of Cameco Corp, 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 | -15.3 M | -16 M | |
| Operating Income | 282.9 M | 244 M | |
| Income Before Tax | 487.2 M | 511.5 M | |
| Total Other Income Expense Net | 204.3 M | 214.5 M | |
| Net Income | 360.8 M | 204 M | |
| Income Tax Expense | 126.3 M | 132.7 M | |
| Net Income From Continuing Ops | 360.8 M | 378.9 M | |
| Net Income Applicable To Common Shares | 80.4 M | 84.5 M | |
| Interest Income | 111.7 M | 60.6 M | |
| Net Interest Income | -4.2 M | -4.4 M | |
| Change To Netincome | 147.5 M | 84.1 M | |
| Net Income Per Share | 0.83 | 0.55 | |
| Income Quality | 1.91 | 1.71 | |
| Net Income Per E B T | 0.74 | 0.73 |
Cameco Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cameco Corp. 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 Cameco Corp 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 Cameco Corp's important profitability drivers and their relationship over time.
Use Cameco Corp 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 Cameco Corp 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 Cameco Corp will appreciate offsetting losses from the drop in the long position's value.Cameco Corp Pair Trading
Cameco Corp Pair Trading Analysis
The ability to find closely correlated positions to Cameco Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cameco Corp 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 Cameco Corp - 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 Cameco Corp to buy it.
The correlation of Cameco Corp 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 Cameco Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cameco Corp 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 Cameco Corp 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.Use Investing Themes to Complement your Cameco Corp position
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To fully project Cameco Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Cameco Corp 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 Cameco Corp's income statement, its balance sheet, and the statement of cash flows.