Slate Grocery Profit Margin vs. Return On Asset
| SGR-UN Stock | CAD 14.59 0.04 0.27% |
Slate Grocery Net Profit Margin |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.8 | 0.6418 |
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| Operating Profit Margin | 0.61 | 0.6143 |
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For Slate Grocery profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Slate Grocery to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Slate Grocery REIT utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Slate Grocery's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Slate Grocery REIT over time as well as its relative position and ranking within its peers.
Slate |
Slate Grocery REIT Return On Asset vs. Profit Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Slate Grocery's current stock value. Our valuation model uses many indicators to compare Slate Grocery value to that of its competitors to determine the firm's financial worth. Slate Grocery REIT is rated second in profit margin category among its peers. It is currently regarded as top stock in return on asset category among its peers reporting about 0.27 of Return On Asset per Profit Margin. The ratio of Profit Margin to Return On Asset for Slate Grocery REIT is roughly 3.73 . At present, Slate Grocery's Net Profit Margin is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Slate Grocery by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Slate Grocery'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.Slate Return On Asset vs. Profit Margin
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Slate Grocery |
| = | 0.14 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Slate Grocery |
| = | 0.0372 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Slate Return On Asset Comparison
Slate Grocery is currently under evaluation in return on asset category among its peers.
Slate Grocery Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Slate Grocery, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Slate Grocery will eventually generate negative long term returns. The profitability progress is the general direction of Slate Grocery's change in net profit over the period of time. It can combine multiple indicators of Slate Grocery, 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 | 5.8 M | 6.1 M | |
| Operating Income | 124.9 M | 131.1 M | |
| Income Before Tax | 21.5 M | 20.5 M | |
| Total Other Income Expense Net | -103.3 M | -98.2 M | |
| Net Income | 21.7 M | 33.6 M | |
| Income Tax Expense | 1.3 M | 1.2 M | |
| Net Income From Continuing Ops | 20.2 M | 19.2 M | |
| Net Income Applicable To Common Shares | 147.2 M | 154.6 M | |
| Net Interest Income | -67.2 M | -63.8 M | |
| Interest Income | 34 K | 32.3 K | |
| Change To Netincome | -61.1 M | -58 M | |
| Net Income Per Share | 0.23 | 0.22 | |
| Income Quality | 3.52 | 3.35 | |
| Net Income Per E B T | 0.63 | 0.58 |
Slate Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Slate Grocery. 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 Slate Grocery 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 Slate Grocery's important profitability drivers and their relationship over time.
Use Slate Grocery 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 Slate Grocery 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 Slate Grocery will appreciate offsetting losses from the drop in the long position's value.Slate Grocery Pair Trading
Slate Grocery REIT Pair Trading Analysis
The ability to find closely correlated positions to Slate Grocery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Slate Grocery 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 Slate Grocery - 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 Slate Grocery REIT to buy it.
The correlation of Slate Grocery 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 Slate Grocery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Slate Grocery REIT 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 Slate Grocery 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 Slate Grocery position
In addition to having Slate Grocery 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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Other Information on Investing in Slate Stock
To fully project Slate Grocery's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Slate Grocery REIT 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 Slate Grocery's income statement, its balance sheet, and the statement of cash flows.