Lundin Gold EBITDA vs. Shares Outstanding
| LUG Stock | CAD 32.99 0.76 2.25% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 439.4 M | Current Value 461.4 M | Quarterly Volatility 212.9 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.53 | 0.4822 |
|
|
For Lundin Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lundin Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lundin Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lundin Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lundin Gold over time as well as its relative position and ranking within its peers.
Lundin |
Lundin Gold Shares Outstanding vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Lundin Gold's current stock value. Our valuation model uses many indicators to compare Lundin Gold value to that of its competitors to determine the firm's financial worth. Lundin Gold is currently regarded as number one stock in ebitda category among its peers. It also is currently regarded as number one stock in shares outstanding category among its peers creating about 0.55 of Shares Outstanding per EBITDA. The ratio of EBITDA to Shares Outstanding for Lundin Gold is roughly 1.83 . At this time, Lundin Gold's EBITDA is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Lundin Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lundin Gold'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.Lundin Shares Outstanding 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.
Lundin Gold |
| = | 439.42 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.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Lundin Gold |
| = | 240.2 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Lundin Shares Outstanding Comparison
Lundin Gold is currently under evaluation in shares outstanding category among its peers.
Lundin Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Lundin Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lundin Gold will eventually generate negative long term returns. The profitability progress is the general direction of Lundin Gold's change in net profit over the period of time. It can combine multiple indicators of Lundin Gold, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 2 M | 2.1 M | |
| Operating Income | 527 M | 553.4 M | |
| Net Income | 179.5 M | 188.4 M | |
| Income Tax Expense | 105.6 M | 110.9 M | |
| Income Before Tax | 285 M | 299.3 M | |
| Total Other Income Expense Net | -242 M | -229.9 M | |
| Net Income From Continuing Ops | 179.5 M | 188.4 M | |
| Net Income Applicable To Common Shares | 84.6 M | 88.8 M | |
| Interest Income | 13 M | 12.3 M | |
| Net Interest Income | -72.3 M | -75.9 M | |
| Change To Netincome | 271.1 M | 284.6 M | |
| Net Income Per Share | 0.75 | 0.79 | |
| Income Quality | 2.89 | 3.04 | |
| Net Income Per E B T | 0.63 | 1.19 |
Lundin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Lundin Gold. 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 Lundin Gold 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 Lundin Gold's important profitability drivers and their relationship over time.
Use Lundin Gold 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 Lundin Gold 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 Lundin Gold will appreciate offsetting losses from the drop in the long position's value.Lundin Gold Pair Trading
Lundin Gold Pair Trading Analysis
The ability to find closely correlated positions to Lundin Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lundin Gold 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 Lundin Gold - 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 Lundin Gold to buy it.
The correlation of Lundin Gold 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 Lundin Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lundin Gold 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 Lundin Gold 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.Use Investing Themes to Complement your Lundin Gold position
In addition to having Lundin Gold 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?
Run ESG Investing Thematic Idea Now
ESG Investing
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 51 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 ESG Investing Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Lundin Stock
To fully project Lundin Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lundin Gold 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 Lundin Gold's income statement, its balance sheet, and the statement of cash flows.