Kits Eyecare Current Valuation vs. Cash Per Share

KITS Stock  CAD 8.03  0.27  3.25%   
Based on the measurements of profitability obtained from Kits Eyecare's financial statements, Kits Eyecare 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 Kits Eyecare's ability to earn profits and add value for shareholders. At this time, Kits Eyecare's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 9th of January 2025, Operating Cash Flow Sales Ratio is likely to grow to 0.02, while Price To Sales Ratio is likely to drop 0.96. As of the 9th of January 2025, Change To Netincome is likely to grow to about 1.9 M, while Accumulated Other Comprehensive Income is likely to drop (1.3 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.240.3
Significantly Down
Very volatile
For Kits Eyecare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kits Eyecare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kits Eyecare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kits Eyecare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kits Eyecare over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Kits Eyecare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kits Eyecare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kits Eyecare'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.

Kits Eyecare Cash Per Share vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Kits Eyecare's current stock value. Our valuation model uses many indicators to compare Kits Eyecare value to that of its competitors to determine the firm's financial worth.
Kits Eyecare is considered the number one company in current valuation category among its peers. It also is currently regarded as number one stock in cash per share category among its peers . The ratio of Current Valuation to Cash Per Share for Kits Eyecare is about  426,483,650 . At this time, Kits Eyecare's Cash Per Share is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Kits Eyecare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kits Eyecare'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.

Kits Current Valuation vs. Competition

Kits Eyecare is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is now estimated at about 904.37 Million. Kits Eyecare totals roughly 255.89 Million in current valuation claiming about 28% of stocks in Consumer Discretionary industry.

Kits Cash Per Share 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.

Kits Eyecare

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
255.89 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.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Kits Eyecare

Cash Per Share

 = 

Total Cash

Average Shares

 = 
0.60 X
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.

Kits Cash Per Share Comparison

Kits Eyecare is currently under evaluation in cash per share category among its peers.

Kits Eyecare Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Kits Eyecare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kits Eyecare will eventually generate negative long term returns. The profitability progress is the general direction of Kits Eyecare's change in net profit over the period of time. It can combine multiple indicators of Kits Eyecare, 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-1.2 M-1.3 M
Interest Income672.8 K352.2 K
Operating Income-2.1 M-2 M
Income Before Tax-2.6 M-2.7 M
Net Loss-4.1 M-4.3 M
Net Loss-2 M-2.1 M
Net Interest Income-1.1 M-1.2 M
Net Loss-2 M-2.1 M
Total Other Income Expense Net-556.6 K-584.4 K
Income Tax Expense-608.4 K-638.8 K
Change To Netincome1.5 M1.9 M
Net Loss(0.06)(0.07)
Income Quality(1.25)(1.19)
Net Income Per E B T 0.69  0.62 

Kits Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Kits Eyecare. 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 Kits Eyecare 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 Kits Eyecare'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 Kits Eyecare 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.

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Use Investing Themes to Complement your Kits Eyecare position

In addition to having Kits Eyecare 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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Cleaning
Cleaning Theme
Compnanies producing and distributing cleaning products, supplies, and accessories. The Cleaning theme has 27 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 Cleaning Theme or any other thematic opportunities.
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Other Information on Investing in Kits Stock

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