Canada Goose EBITDA vs. Revenue
| GOOS Stock | CAD 14.12 0.12 0.84% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 244.3 M | Current Value 169.8 M | Quarterly Volatility 105.6 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.46 | 0.6878 |
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| Operating Profit Margin | 0.11 | 0.0933 |
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| Pretax Profit Margin | 0.088 | 0.0568 |
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| Return On Assets | 0.0374 | 0.0394 |
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| Return On Equity | 0.23 | 0.14 |
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For Canada Goose profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Canada Goose to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Canada Goose Holdings utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Canada Goose's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Canada Goose Holdings over time as well as its relative position and ranking within its peers.
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Canada Goose Holdings Revenue vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Canada Goose's current stock value. Our valuation model uses many indicators to compare Canada Goose value to that of its competitors to determine the firm's financial worth. Canada Goose Holdings is rated below average in ebitda category among its peers. It also is rated below average in revenue category among its peers totaling about 5.46 of Revenue per EBITDA. At this time, Canada Goose's EBITDA is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Canada Goose by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Canada Goose'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.Canada Revenue vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Canada Goose |
| = | 244.3 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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.
Canada Goose |
| = | 1.33 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.
Canada Revenue vs Competition
Canada Goose Holdings is rated below average in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is currently estimated at about 24.52 Billion. Canada Goose holds roughly 1.33 Billion in revenue claiming about 5% of stocks in Consumer Discretionary industry.
Canada Goose Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Canada Goose, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Canada Goose will eventually generate negative long term returns. The profitability progress is the general direction of Canada Goose's change in net profit over the period of time. It can combine multiple indicators of Canada Goose, 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 | 5.2 M | 5.5 M | |
| Operating Income | 124.5 M | 117.5 M | |
| Net Income From Continuing Ops | 58.1 M | 74.6 M | |
| Income Before Tax | 75.7 M | 92.7 M | |
| Total Other Income Expense Net | -48.8 M | -46.4 M | |
| Net Income Applicable To Common Shares | 83.6 M | 76 M | |
| Net Income | 58.4 M | 74.6 M | |
| Income Tax Expense | 17.6 M | 18.2 M | |
| Interest Income | 1.3 M | 1.2 M | |
| Net Interest Income | -42.3 M | -40.2 M | |
| Change To Netincome | 50.6 M | 53.1 M | |
| Net Income Per Share | 0.58 | 0.50 | |
| Income Quality | 2.82 | 2.96 | |
| Net Income Per E B T | 0.77 | 0.53 |
Canada Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Canada Goose. 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 Canada Goose 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 Canada Goose's important profitability drivers and their relationship over time.
Use Canada Goose 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 Canada Goose 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 Canada Goose will appreciate offsetting losses from the drop in the long position's value.Canada Goose Pair Trading
Canada Goose Holdings Pair Trading Analysis
The ability to find closely correlated positions to Canada Goose could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canada Goose 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 Canada Goose - 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 Canada Goose Holdings to buy it.
The correlation of Canada Goose 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 Canada Goose moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canada Goose Holdings 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 Canada Goose 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 Canada Goose position
In addition to having Canada Goose 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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Check out Risk vs Return Analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
To fully project Canada Goose's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Canada Goose Holdings 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 Canada Goose's income statement, its balance sheet, and the statement of cash flows.