| GOOS Stock | | | CAD 14.77 0.04 0.27% |
Based on the measurements of profitability obtained from Canada Goose's financial statements, Canada Goose Holdings is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in February. Profitability indicators assess Canada Goose's ability to earn profits and add value for shareholders. As of the 18th of January 2025,
Price To Sales Ratio is likely to drop to 1.38. In addition to that,
Days Sales Outstanding is likely to drop to 13.66. At this time, Canada Goose's
Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 18th of January 2025,
Net Income From Continuing Ops is likely to grow to about 74.6
M, while
Operating Income is likely to drop about 117.5
M.
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.
Check out
Risk vs Return Analysis.
Please note, there is a significant difference between Canada Goose's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canada Goose is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canada Goose'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.
Canada Goose Holdings Revenue vs. Price To Earning 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
# 4 in price to earning category among its peers. It is rated
below average in revenue category among its peers totaling about
37,215,402 of Revenue per Price To Earning. At this time, Canada Goose'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 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. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Canada Goose | P/E | = | Market Value Per ShareEarnings Per Share |
| = | 35.84 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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 | Revenue | = | Money Received | - | Discounts and Returns |
| = | 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.
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.
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.
Giant Impact
An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 37 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
Giant Impact Theme or any other
thematic opportunities.
When determining whether Canada Goose Holdings is a strong investment it is important to analyze Canada Goose's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canada Goose's
future performance.
For an informed investment choice regarding Canada Stock, refer to the following important reports: 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.
Potential Canada Goose investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Canada Goose investors may work on each financial statement separately, they are all related. The changes in Canada Goose's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Canada Goose'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.
