Coronado Global Current Valuation vs. Book Value Per Share
| CRN Stock | 0.83 0.01 1.22% |
For Coronado Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Coronado Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Coronado Global Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Coronado Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Coronado Global Resources over time as well as its relative position and ranking within its peers.
Coronado |
Coronado Global Resources Book Value Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Coronado Global's current stock value. Our valuation model uses many indicators to compare Coronado Global value to that of its competitors to determine the firm's financial worth. Coronado Global Resources is the top company in current valuation category among its peers. It also is number one stock in book value per share category among its peers . The ratio of Current Valuation to Book Value Per Share for Coronado Global Resources is about 2,114,854,528 . 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 Coronado Global's earnings, one of the primary drivers of an investment's value.Coronado Current Valuation vs. Competition
Coronado Global Resources is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 10.79 Billion. Coronado Global retains roughly 1.48 Billion in current valuation claiming about 14% of all equities under Materials industry.
Coronado Book Value Per Share vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Coronado Global |
| = | 1.48 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Coronado Global |
| = | 0.70 X |
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.
Coronado Book Value Per Share Comparison
Coronado Global is currently under evaluation in book value per share category among its peers.
Coronado Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Coronado Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Coronado Global will eventually generate negative long term returns. The profitability progress is the general direction of Coronado Global's change in net profit over the period of time. It can combine multiple indicators of Coronado Global, 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 | -131.9 M | -125.3 M | |
| Interest Income | 40.7 M | 40.2 M | |
| Operating Income | 548.7 M | 398.9 M | |
| Income Before Tax | 123.8 M | 117.6 M | |
| Net Income Applicable To Common Shares | 887.5 M | 931.8 M | |
| Net Income | 235.1 M | 205.3 M | |
| Net Income From Continuing Ops | 156.1 M | 220 M | |
| Total Other Income Expense Net | -424.9 M | -403.7 M | |
| Income Tax Expense | -32.3 M | -30.6 M | |
| Net Interest Income | -56.8 M | -59.6 M | |
| Change To Netincome | 41.3 M | 43.4 M |
Coronado Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Coronado Global. 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 Coronado Global 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 Coronado Global's important profitability drivers and their relationship over time.
Use Coronado Global 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 Coronado Global 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 Coronado Global will appreciate offsetting losses from the drop in the long position's value.Coronado Global Pair Trading
Coronado Global Resources Pair Trading Analysis
The ability to find closely correlated positions to Coronado Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coronado Global 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 Coronado Global - 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 Coronado Global Resources to buy it.
The correlation of Coronado Global 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 Coronado Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coronado Global Resources 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 Coronado Global 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 Coronado Global position
In addition to having Coronado Global 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?
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Additional Tools for Coronado Stock Analysis
When running Coronado Global's price analysis, check to measure Coronado Global'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 Coronado Global is operating at the current time. Most of Coronado Global's value examination focuses on studying past and present price action to predict the probability of Coronado Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coronado Global's price. Additionally, you may evaluate how the addition of Coronado Global to your portfolios can decrease your overall portfolio volatility.