Northern Graphite Revenue vs. Price To Book
| NGC Stock | CAD 0.16 0.01 5.88% |
Total Revenue | First Reported 2016-12-31 | Previous Quarter 5.5 M | Current Value 5.5 M | Quarterly Volatility 2.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.19 | 0.1128 |
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For Northern Graphite profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northern Graphite to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northern Graphite utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northern Graphite's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northern Graphite over time as well as its relative position and ranking within its peers.
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Northern Graphite Price To Book vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Northern Graphite's current stock value. Our valuation model uses many indicators to compare Northern Graphite value to that of its competitors to determine the firm's financial worth. Northern Graphite is rated top company in revenue category among its peers. It also is considered to be number one stock in price to book category among its peers . The ratio of Revenue to Price To Book for Northern Graphite is about 6,742,508 . At this time, Northern Graphite's Total Revenue is fairly stable compared to the past year. 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 Northern Graphite's earnings, one of the primary drivers of an investment's value.Northern Revenue vs. Competition
Northern Graphite is rated top company in revenue category among its peers. Market size based on revenue of Materials industry is now estimated at about 34.2 Million. Northern Graphite totals roughly 17.1 Million in revenue claiming about 50% of all equities under Materials industry.
Northern Price To Book vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Northern Graphite |
| = | 17.1 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Northern Graphite |
| = | 2.54 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Northern Price To Book Comparison
Northern Graphite is currently under evaluation in price to book category among its peers.
Northern Graphite Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Northern Graphite, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northern Graphite will eventually generate negative long term returns. The profitability progress is the general direction of Northern Graphite's change in net profit over the period of time. It can combine multiple indicators of Northern Graphite, 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 | 7.8 M | 8.2 M | |
| Operating Income | -15.2 M | -14.4 M | |
| Income Before Tax | -24.4 M | -23.1 M | |
| Total Other Income Expense Net | -9.2 M | -8.7 M | |
| Net Loss | -23.6 M | -22.5 M | |
| Income Tax Expense | -722 K | -685.9 K | |
| Net Loss | -23.6 M | -22.5 M | |
| Net Loss | -2.9 M | -2.8 M | |
| Net Interest Income | -6.5 M | -6.2 M | |
| Interest Income | 75 K | 53.2 K | |
| Change To Netincome | 495 K | 289.1 K | |
| Net Loss | (0.18) | (0.17) | |
| Income Quality | 0.20 | 0.19 | |
| Net Income Per E B T | 0.97 | 0.78 |
Northern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Northern Graphite. 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 Northern Graphite 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 Northern Graphite's important profitability drivers and their relationship over time.
Use Northern Graphite 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 Northern Graphite 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 Northern Graphite will appreciate offsetting losses from the drop in the long position's value.Northern Graphite Pair Trading
Northern Graphite Pair Trading Analysis
The ability to find closely correlated positions to Northern Graphite could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northern Graphite 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 Northern Graphite - 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 Northern Graphite to buy it.
The correlation of Northern Graphite 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 Northern Graphite moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Graphite 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 Northern Graphite 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 Northern Graphite position
In addition to having Northern Graphite 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 Consumer Goods Thematic Idea Now
Consumer Goods
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Consumer Goods theme has 61 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 Consumer Goods Theme or any other thematic opportunities.
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Additional Tools for Northern Stock Analysis
When running Northern Graphite's price analysis, check to measure Northern Graphite'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 Northern Graphite is operating at the current time. Most of Northern Graphite's value examination focuses on studying past and present price action to predict the probability of Northern Graphite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Graphite's price. Additionally, you may evaluate how the addition of Northern Graphite to your portfolios can decrease your overall portfolio volatility.