Highland Copper EBITDA vs. Current Valuation

HI Stock  CAD 0.07  0.01  11.76%   
Considering Highland Copper's profitability and operating efficiency indicators, Highland Copper may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess Highland Copper's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
-6.7 M
Current Value
-6.4 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Price To Sales Ratio is likely to drop to 283.27 in 2024. Days Sales Outstanding is likely to drop to 2,103 in 2024. At this time, Highland Copper's Accumulated Other Comprehensive Income is fairly stable compared to the past year. Net Income is likely to climb to about 25.4 M in 2024, whereas Income Tax Expense is likely to drop 2.18 in 2024.
For Highland Copper profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Highland Copper to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Highland Copper utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Highland Copper's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Highland Copper 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 Highland Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine if Highland Copper is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highland Copper'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.

Highland Copper Current Valuation vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Highland Copper's current stock value. Our valuation model uses many indicators to compare Highland Copper value to that of its competitors to determine the firm's financial worth.
Highland Copper is rated below average in ebitda category among its peers. It is rated # 2 in current valuation category among its peers . Highland Copper reported EBITDA of (6.73 Million) in 2023. 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 Highland Copper's earnings, one of the primary drivers of an investment's value.

Highland Current Valuation 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.

Highland Copper

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
(13.42 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.
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.

Highland Copper

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
46.2 M
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.

Highland Current Valuation vs Competition

Highland Copper is rated # 2 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 298.81 Million. Highland Copper retains roughly 46.2 Million in current valuation claiming about 15% of all equities under Materials industry.

Highland Copper Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Highland Copper, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Highland Copper will eventually generate negative long term returns. The profitability progress is the general direction of Highland Copper's change in net profit over the period of time. It can combine multiple indicators of Highland Copper, 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 Income923.5 K1.4 M
Operating Income-13.4 M-12.7 M
Net Income24.2 M25.4 M
Income Tax Expense 2.30  2.18 
Income Before Tax25.2 M26.4 M
Total Other Income Expense Net37.7 M39.6 M
Net Income From Continuing Ops24.2 M25.4 M
Net Loss-2.4 M-2.5 M
Net Interest Income839 K881 K
Interest Income904.6 K949.8 K
Change To Netincome-2.1 M-2 M
Net Loss 0.03 (0.37)
Income Quality(0.49) 0.30 
Net Income Per E B T 0.96  0.71 

Highland Profitability Driver Comparison

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

Use Highland Copper 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 Highland Copper 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 Highland Copper will appreciate offsetting losses from the drop in the long position's value.

Highland Copper Pair Trading

Highland Copper Pair Trading Analysis

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

In addition to having Highland Copper 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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Shipbuilding Railroad Equipment
Shipbuilding Railroad Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipbuilding Railroad Equipment theme has 16 constituents at this time.
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Additional Tools for Highland Stock Analysis

When running Highland Copper's price analysis, check to measure Highland Copper's 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 Highland Copper is operating at the current time. Most of Highland Copper's value examination focuses on studying past and present price action to predict the probability of Highland Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highland Copper's price. Additionally, you may evaluate how the addition of Highland Copper to your portfolios can decrease your overall portfolio volatility.