Simply Better Revenue vs. Current Valuation
| SBBC Stock | CAD 1.03 0.01 0.96% |
Total Revenue | First Reported 2010-12-31 | Previous Quarter 79.9 M | Current Value 44 M | Quarterly Volatility 18.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.7 | 0.5869 |
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For Simply Better profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Simply Better to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Simply Better Brands utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Simply Better's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Simply Better Brands over time as well as its relative position and ranking within its peers.
Simply |
Simply Better Brands Current Valuation vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Simply Better's current stock value. Our valuation model uses many indicators to compare Simply Better value to that of its competitors to determine the firm's financial worth. Simply Better Brands is currently regarded number one company in revenue category among its peers. It also is currently regarded number one company in current valuation category among its peers reporting about 1.25 of Current Valuation per Revenue. At this time, Simply Better'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 Simply Better's earnings, one of the primary drivers of an investment's value.Simply Revenue vs. Competition
Simply Better Brands is currently regarded number one company in revenue category among its peers. Market size based on revenue of Health Care industry is at this time estimated at about 138.18 Million. Simply Better totals roughly 79.86 Million in revenue claiming about 58% of equities under Health Care industry.
Simply Current Valuation 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.
Simply Better |
| = | 79.86 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.
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.
Simply Better |
| = | 100.04 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.
Simply Current Valuation vs Competition
Simply Better Brands is currently regarded number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is at this time estimated at about 208.29 Million. Simply Better totals roughly 100.04 Million in current valuation claiming about 48% of equities under Health Care industry.
Simply Better Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Simply Better, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Simply Better will eventually generate negative long term returns. The profitability progress is the general direction of Simply Better's change in net profit over the period of time. It can combine multiple indicators of Simply Better, 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 | ||
| Net Loss | -11.1 M | -10.6 M | |
| Net Interest Income | -2.2 M | -2.1 M | |
| Interest Income | 5.9 K | 7.2 K | |
| Operating Income | -10.5 M | -10 M | |
| Net Loss | -24.3 M | -23 M | |
| Income Before Tax | -24.3 M | -23 M | |
| Net Loss | -24.3 M | -23 M | |
| Total Other Income Expense Net | -11.5 M | -11 M | |
| Income Tax Expense | -928.8 K | -975.2 K | |
| Change To Netincome | 9.2 M | 9.6 M | |
| Net Loss | (0.36) | (0.37) | |
| Income Quality | 0.14 | 0.13 | |
| Net Income Per E B T | 0.83 | 0.70 |
Simply Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Simply Better. 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 Simply Better 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 Simply Better's important profitability drivers and their relationship over time.
Use Simply Better 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 Simply Better 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 Simply Better will appreciate offsetting losses from the drop in the long position's value.Simply Better Pair Trading
Simply Better Brands Pair Trading Analysis
The ability to find closely correlated positions to Simply Better could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Simply Better 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 Simply Better - 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 Simply Better Brands to buy it.
The correlation of Simply Better 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 Simply Better moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Simply Better Brands 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 Simply Better 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 Simply Better position
In addition to having Simply Better 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 Health Management Thematic Idea Now
Health Management
Major hospitals and healthcare providers. The Health Management theme has 46 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 Health Management Theme or any other thematic opportunities.
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Additional Tools for Simply Stock Analysis
When running Simply Better's price analysis, check to measure Simply Better'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 Simply Better is operating at the current time. Most of Simply Better's value examination focuses on studying past and present price action to predict the probability of Simply Better's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simply Better's price. Additionally, you may evaluate how the addition of Simply Better to your portfolios can decrease your overall portfolio volatility.