High Liner Return On Asset vs. Profit Margin

HLF Stock  CAD 15.80  0.35  2.27%   
Considering High Liner's profitability and operating efficiency indicators, High Liner Foods is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess High Liner's ability to earn profits and add value for shareholders. At this time, High Liner's Days Sales Outstanding is very stable compared to the past year. As of the 5th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.11, while Price To Sales Ratio is likely to drop 0.26. At this time, High Liner's Net Income is very stable compared to the past year. As of the 5th of December 2024, Income Tax Expense is likely to grow to about 4 M, though Accumulated Other Comprehensive Income is likely to grow to (22.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.240.2024
Fairly Up
Pretty Stable
Operating Profit Margin0.03810.0558
Way Down
Slightly volatile
For High Liner profitability analysis, we use financial ratios and fundamental drivers that measure the ability of High Liner to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well High Liner Foods utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between High Liner's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of High Liner Foods 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 High Liner's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Liner is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Liner'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.

High Liner Foods Profit Margin vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining High Liner's current stock value. Our valuation model uses many indicators to compare High Liner value to that of its competitors to determine the firm's financial worth.
High Liner Foods is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in profit margin category among its peers fabricating about  1.17  of Profit Margin per Return On Asset. At this time, High Liner's Net Profit Margin is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value High Liner by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for High Liner'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.

High Profit Margin vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

High Liner

Return On Asset

 = 

Net Income

Total Assets

 = 
0.054
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

High Liner

Profit Margin

 = 

Net Income

Revenue

X

100

 = 
0.06 %
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.

High Profit Margin Comparison

High Liner is currently under evaluation in profit margin category among its peers.

High Liner Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in High Liner, profitability is also one of the essential criteria for including it into their portfolios because, without profit, High Liner will eventually generate negative long term returns. The profitability progress is the general direction of High Liner's change in net profit over the period of time. It can combine multiple indicators of High Liner, 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 Income-23.4 M-22.2 M
Operating Income60.3 M31.3 M
Income Before Tax34.1 M19.5 M
Total Other Income Expense Net-26.2 M-24.9 M
Net Income31.7 M33.3 M
Income Tax Expense2.4 MM
Net Income From Continuing Ops31.7 M34 M
Net Income Applicable To Common Shares62.9 M33.9 M
Interest Income21 M19.7 M
Net Interest Income-26.2 M-27.5 M
Change To Netincome6.1 M6.3 M
Net Income Per Share 0.93  0.98 
Income Quality 5.66  5.94 
Net Income Per E B T 0.93  0.75 

High Profitability Driver Comparison

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

Use High Liner 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 High Liner 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 High Liner will appreciate offsetting losses from the drop in the long position's value.

High Liner Pair Trading

High Liner Foods Pair Trading Analysis

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

In addition to having High Liner 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.

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Gambling
Gambling Theme
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling theme has 38 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 Gambling Theme or any other thematic opportunities.
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Other Information on Investing in High Stock

To fully project High Liner's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of High Liner Foods 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 High Liner's income statement, its balance sheet, and the statement of cash flows.
Potential High Liner investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although High Liner investors may work on each financial statement separately, they are all related. The changes in High Liner's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on High Liner'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.