Dye Durham Gross Profit vs. Current Valuation

DND Stock  CAD 20.66  0.05  0.24%   
Taking into consideration Dye Durham's profitability measurements, Dye Durham may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess Dye Durham's ability to earn profits and add value for shareholders.
For Dye Durham profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Dye Durham to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Dye Durham utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Dye Durham's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Dye Durham 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 Dye Durham's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dye Durham is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dye Durham'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.

Dye Durham Current Valuation vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Dye Durham's current stock value. Our valuation model uses many indicators to compare Dye Durham value to that of its competitors to determine the firm's financial worth.
Dye Durham is one of the top stocks in gross profit category among its peers. It is rated # 2 in current valuation category among its peers reporting about  7.22  of Current Valuation per Gross Profit. Comparative valuation analysis is a catch-all model that can be used if you cannot value Dye Durham by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dye Durham'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.

Dye Current Valuation vs. Gross Profit

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.

Dye Durham

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
399.35 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.
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.

Dye Durham

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
2.88 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.

Dye Current Valuation vs Competition

Dye Durham is rated # 2 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is currently estimated at about 11.42 Billion. Dye Durham totals roughly 2.88 Billion in current valuation claiming about 25% of equities under Information Technology industry.

Dye Durham Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Dye Durham, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Dye Durham will eventually generate negative long term returns. The profitability progress is the general direction of Dye Durham's change in net profit over the period of time. It can combine multiple indicators of Dye Durham, 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.
Dye Durham Limited, through its subsidiary, Dye Durham Corporation, provides cloud-based software and technology solutions for legal firms, financial service institutions, and government organizations in Canada, Australia, Ireland, and the United Kingdom. The company was founded in 1874 and is headquartered in Toronto, Canada. DYE AND operates under SoftwareInfrastructure classification in Canada and is traded on Toronto Stock Exchange.

Dye Profitability Driver Comparison

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

Use Dye Durham 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 Dye Durham 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 Dye Durham will appreciate offsetting losses from the drop in the long position's value.

Dye Durham Pair Trading

Dye Durham Pair Trading Analysis

The ability to find closely correlated positions to Dye Durham could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dye Durham 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 Dye Durham - 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 Dye Durham to buy it.
The correlation of Dye Durham 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 Dye Durham moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dye Durham 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 Dye Durham 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Dye Durham position

In addition to having Dye Durham 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 Semiconductor Thematic Idea Now

Semiconductor
Semiconductor Theme
Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 46 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 Semiconductor Theme or any other thematic opportunities.
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Other Information on Investing in Dye Stock

To fully project Dye Durham's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Dye Durham 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 Dye Durham's income statement, its balance sheet, and the statement of cash flows.
Potential Dye Durham investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Dye Durham investors may work on each financial statement separately, they are all related. The changes in Dye Durham's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Dye Durham's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.