Just Energy Price To Sales vs. Cash And Equivalents
Based on the key profitability measurements obtained from Just Energy's financial statements, Just Energy Group may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in February. Profitability indicators assess Just Energy's ability to earn profits and add value for shareholders.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Please note, there is a significant difference between Just Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Just Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Just Energy'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.
For Just Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Just Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Just Energy Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Just Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Just Energy Group over time as well as its relative position and ranking within its peers.
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Just Energy Group Cash And Equivalents vs. Price To Sales Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Just Energy's current stock value. Our valuation model uses many indicators to compare Just Energy value to that of its competitors to determine the firm's financial worth. Just Energy Group is currently regarded as number one stock in price to sales category among its peers. It also is currently regarded as number one stock in cash and equivalents category among its peers creating about 64,750,000 of Cash And Equivalents per Price To Sales. Comparative valuation analysis is a catch-all technique that is used if you cannot value Just Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Just Cash And Equivalents vs. Price To Sales
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Just Energy |
| = | 0.20 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Just Energy |
| = | 12.95 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Just Cash And Equivalents Comparison
Just Energy is currently under evaluation in cash and equivalents category among its peers.
Just Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Just Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Just Energy will eventually generate negative long term returns. The profitability progress is the general direction of Just Energy's change in net profit over the period of time. It can combine multiple indicators of Just Energy, 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.
Just Energy Group Inc., through its subsidiaries, provides electricity and natural gas commodities in the United States, Canada, and internationally. Just Energy Group Inc. was founded in 1997 and is based in Toronto, Canada. Just Energy operates under UtilitiesDiversified classification in the United States and is traded on New York Stock Exchange. It employs 880 people.
Just Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Just Energy. 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 Just Energy 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 Just Energy's important profitability drivers and their relationship over time.
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Just Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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ETF CategoriesList of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
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Use Investing Themes to Complement your Just Energy position
In addition to having Just Energy 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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Air
Companies specializing in air services and air delivery. The Air theme has 32 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 Air Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in Just Stock
If you are still planning to invest in Just Energy Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Just Energy's history and understand the potential risks before investing.
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