HudBay Minerals Current Valuation vs. Price To Earning

HBM Stock  CAD 13.05  0.55  4.40%   
Based on HudBay Minerals' profitability indicators, HudBay Minerals is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in January. Profitability indicators assess HudBay Minerals' ability to earn profits and add value for shareholders. At this time, HudBay Minerals' Sales General And Administrative To Revenue is very stable compared to the past year. As of the 9th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.25, while Price To Sales Ratio is likely to drop 0.96. At this time, HudBay Minerals' Net Income Applicable To Common Shares is very stable compared to the past year. As of the 9th of December 2024, Net Income Per Share is likely to grow to 0.22, though Total Other Income Expense Net is likely to grow to (138.1 M).
For HudBay Minerals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of HudBay Minerals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well HudBay Minerals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between HudBay Minerals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of HudBay Minerals over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.
Please note, there is a significant difference between HudBay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if HudBay Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HudBay Minerals' 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.

HudBay Minerals Price To Earning vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining HudBay Minerals's current stock value. Our valuation model uses many indicators to compare HudBay Minerals value to that of its competitors to determine the firm's financial worth.
HudBay Minerals is rated # 5 in current valuation category among its peers. It is rated # 3 in price to earning category among its peers . The ratio of Current Valuation to Price To Earning for HudBay Minerals is about  141,966,531 . Comparative valuation analysis is a catch-all model that can be used if you cannot value HudBay Minerals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for HudBay Minerals' 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.

HudBay Current Valuation vs. Competition

HudBay Minerals is rated # 5 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 83.31 Billion. HudBay Minerals holds roughly 5.9 Billion in current valuation claiming about 7% of all equities under Materials industry.

HudBay Price To Earning vs. Current Valuation

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.

HudBay Minerals

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
5.9 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.
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.

HudBay Minerals

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
41.54 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.

HudBay Price To Earning Comparison

HudBay Minerals is currently under evaluation in price to earning category among its peers.

HudBay Minerals Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in HudBay Minerals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, HudBay Minerals will eventually generate negative long term returns. The profitability progress is the general direction of HudBay Minerals' change in net profit over the period of time. It can combine multiple indicators of HudBay Minerals, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income30.2 M31.7 M
Operating Income297.2 M312 M
Income Before Tax151.8 M159.4 M
Total Other Income Expense Net-145.3 M-138.1 M
Net Income69.5 M73 M
Income Tax Expense82.3 M86.4 M
Net Income From Continuing Ops69.5 M73 M
Net Income Applicable To Common Shares63.3 M66.5 M
Interest Income8.1 M7.7 M
Net Interest Income-108.8 M-114.2 M
Change To Netincome-48.6 M-46.2 M
Net Income Per Share 0.21  0.22 
Income Quality 6.12  6.42 
Net Income Per E B T 0.44  0.73 

HudBay Profitability Driver Comparison

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

Use HudBay Minerals 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 HudBay Minerals 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 HudBay Minerals will appreciate offsetting losses from the drop in the long position's value.

HudBay Minerals Pair Trading

HudBay Minerals Pair Trading Analysis

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

In addition to having HudBay Minerals 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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Healthcare Funds
Healthcare Funds Theme
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 35 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 Healthcare Funds Theme or any other thematic opportunities.
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When determining whether HudBay Minerals is a strong investment it is important to analyze HudBay Minerals' 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 HudBay Minerals' future performance. For an informed investment choice regarding HudBay Stock, refer to the following important reports:
Check out Risk vs Return Analysis.
To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
To fully project HudBay Minerals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of HudBay Minerals 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 HudBay Minerals' income statement, its balance sheet, and the statement of cash flows.
Potential HudBay Minerals investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although HudBay Minerals investors may work on each financial statement separately, they are all related. The changes in HudBay Minerals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on HudBay Minerals'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.