Canadian Western Revenue vs. Gross Profit
| CWB Stock | CAD 60.21 0.31 0.52% |
Total Revenue | First Reported 1997-01-31 | Previous Quarter 684 M | Current Value 298.5 M | Quarterly Volatility 114 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Profit Margin | 0.26 | 0.28 |
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| Operating Profit Margin | 0.48 | 0.51 |
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| Pretax Profit Margin | 0.34 | 0.38 |
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| Return On Assets | 0.0075 | 0.0075 |
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| Return On Equity | 0.13 | 0.1 |
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For Canadian Western profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canadian Western to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canadian Western Bank utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canadian Western's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canadian Western Bank over time as well as its relative position and ranking within its peers.
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Canadian Western Bank Gross Profit vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Canadian Western's current stock value. Our valuation model uses many indicators to compare Canadian Western value to that of its competitors to determine the firm's financial worth. Canadian Western Bank is rated fifth in revenue category among its peers. It also is rated fifth in gross profit category among its peers fabricating about 0.93 of Gross Profit per Revenue. The ratio of Revenue to Gross Profit for Canadian Western Bank is roughly 1.08 . At this time, Canadian Western's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Canadian Western by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canadian Western'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.Canadian Revenue vs. Competition
Canadian Western Bank is rated fifth in revenue category among its peers. Market size based on revenue of Financials industry is currently estimated at about 48.22 Billion. Canadian Western holds roughly 1.11 Billion in revenue claiming about 2.31% of equities under Financials industry.
Canadian Gross Profit vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Canadian Western |
| = | 1.11 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Canadian Western |
| = | 1.03 B |
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.
Canadian Gross Profit Comparison
Canadian Western is currently under evaluation in gross profit category among its peers.
Canadian Western Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Canadian Western, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canadian Western will eventually generate negative long term returns. The profitability progress is the general direction of Canadian Western's change in net profit over the period of time. It can combine multiple indicators of Canadian Western, 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 | 290.9 M | 305.5 M | |
| Operating Income | 566.3 M | 460.7 M | |
| Income Before Tax | 545.8 M | 573.1 M | |
| Total Other Income Expense Net | -20.4 M | -21.4 M | |
| Net Income | 403.2 M | 423.4 M | |
| Income Tax Expense | 142.6 M | 149.7 M | |
| Net Income From Continuing Ops | 403.2 M | 299.3 M | |
| Net Income Applicable To Common Shares | 356.8 M | 285.2 M | |
| Net Interest Income | 1.1 B | 842.7 M | |
| Interest Income | 2.7 B | 1.5 B | |
| Change To Netincome | 115.5 M | 121.2 M | |
| Net Income Per Share | 3.29 | 3.45 | |
| Income Quality | (1.78) | (1.69) | |
| Net Income Per E B T | 0.85 | 0.84 |
Canadian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Canadian Western. 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 Canadian Western 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 Canadian Western's important profitability drivers and their relationship over time.
Use Canadian Western 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 Canadian Western 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 Canadian Western will appreciate offsetting losses from the drop in the long position's value.Canadian Western Pair Trading
Canadian Western Bank Pair Trading Analysis
The ability to find closely correlated positions to Canadian Western could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Western 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 Canadian Western - 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 Canadian Western Bank to buy it.
The correlation of Canadian Western 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 Canadian Western moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Western Bank 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 Canadian Western 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 Canadian Western position
In addition to having Canadian Western 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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Other Information on Investing in Canadian Stock
To fully project Canadian Western's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Canadian Western Bank 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 Canadian Western's income statement, its balance sheet, and the statement of cash flows.