Empire Metals Book Value Per Share vs. Market Capitalization
| EP Stock | CAD 0.07 0.00 0.00% |
For Empire Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Empire Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Empire Metals Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Empire Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Empire Metals Corp over time as well as its relative position and ranking within its peers.
Empire |
Empire Metals Corp Market Capitalization vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Empire Metals's current stock value. Our valuation model uses many indicators to compare Empire Metals value to that of its competitors to determine the firm's financial worth. Empire Metals Corp is one of the top stocks in book value per share category among its peers. It also is one of the top stocks in market capitalization category among its peers creating about 660,649,083 of Market Capitalization per Book Value Per Share. 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 Empire Metals' earnings, one of the primary drivers of an investment's value.Empire Market Capitalization vs. Book Value Per Share
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.
Empire Metals |
| = | 0.01 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Empire Metals |
| = | 7.93 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Empire Market Capitalization vs Competition
Empire Metals Corp is one of the top stocks in market capitalization category among its peers. Market capitalization of Materials industry is currently estimated at about 3.04 Trillion. Empire Metals adds roughly 7.93 Million in market capitalization claiming only tiny portion of all equities under Materials industry.
Empire Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Empire Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Empire Metals will eventually generate negative long term returns. The profitability progress is the general direction of Empire Metals' change in net profit over the period of time. It can combine multiple indicators of Empire Metals, 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 | ||
| Operating Income | -259 K | -272 K | |
| Net Loss | -1.2 M | -1.2 M | |
| Income Before Tax | -1.2 M | -1.2 M | |
| Total Other Income Expense Net | -622.3 K | -591.2 K | |
| Net Loss | -1.9 M | -1.8 M | |
| Net Loss | -1.2 M | -1.2 M | |
| Net Interest Income | -288.4 K | -302.9 K | |
| Change To Netincome | 1.6 M | 1.7 M |
Empire Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Empire Metals. 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 Empire Metals 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 Empire Metals' important profitability drivers and their relationship over time.
Use Empire Metals 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 Empire Metals 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 Empire Metals will appreciate offsetting losses from the drop in the long position's value.Empire Metals Pair Trading
Empire Metals Corp Pair Trading Analysis
The ability to find closely correlated positions to Empire Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empire Metals 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 Empire Metals - 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 Empire Metals Corp to buy it.
The correlation of Empire Metals 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 Empire Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empire Metals 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 Empire Metals 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 Empire Metals position
In addition to having Empire Metals 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 Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 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 Candy and Soda Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Empire Stock Analysis
When running Empire Metals' price analysis, check to measure Empire Metals' 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 Empire Metals is operating at the current time. Most of Empire Metals' value examination focuses on studying past and present price action to predict the probability of Empire Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empire Metals' price. Additionally, you may evaluate how the addition of Empire Metals to your portfolios can decrease your overall portfolio volatility.