Surge Energy Revenue vs. Shares Outstanding

SGY Stock  CAD 5.22  0.14  2.61%   
Based on the key profitability measurements obtained from Surge Energy's financial statements, Surge Energy is performing exceptionally good at this time. It has a great risk to showcase excellent profitability results in January. Profitability indicators assess Surge Energy's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
1999-03-31
Previous Quarter
147.9 M
Current Value
164.2 M
Quarterly Volatility
53.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of the 12th of December 2024, EV To Sales is likely to grow to 1.73, while Price To Sales Ratio is likely to drop 1.09. At this time, Surge Energy's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 12th of December 2024, Net Income Per Share is likely to grow to 0.17, though Total Other Income Expense Net is likely to grow to (285.1 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.640.6241
Fairly Up
Pretty Stable
For Surge Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Surge Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Surge Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Surge Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Surge Energy 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 Surge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Surge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surge Energy'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.

Surge Energy Shares Outstanding vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Surge Energy's current stock value. Our valuation model uses many indicators to compare Surge Energy value to that of its competitors to determine the firm's financial worth.
Surge Energy is rated fifth in revenue category among its peers. It is rated below average in shares outstanding category among its peers creating about  0.18  of Shares Outstanding per Revenue. The ratio of Revenue to Shares Outstanding for Surge Energy is roughly  5.53 . At this time, Surge Energy's Total Revenue is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Surge Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Surge Energy'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.

Surge Revenue vs. Competition

Surge Energy is rated fifth in revenue category among its peers. Market size based on revenue of Energy industry is at this time estimated at about 7.57 Billion. Surge Energy holds roughly 558.64 Million in revenue claiming about 7% of equities under Energy industry.

Surge Shares Outstanding 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.

Surge Energy

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
558.64 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.
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.

Surge Energy

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
101.1 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.

Surge Shares Outstanding Comparison

Surge Energy is currently under evaluation in shares outstanding category among its peers.

Surge Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Surge Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Surge Energy will eventually generate negative long term returns. The profitability progress is the general direction of Surge Energy's change in net profit over the period of time. It can combine multiple indicators of Surge Energy, 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 Income6.4 M6.7 M
Operating Income320.7 M336.7 M
Total Other Income Expense Net-300.1 M-285.1 M
Net Income15.8 M16.5 M
Income Tax Expense4.9 M5.1 M
Income Before Tax20.6 M21.7 M
Net Income From Continuing Ops148.9 M156.4 M
Net Income Applicable To Common Shares266.5 M279.8 M
Net Interest Income-43.4 M-41.3 M
Change To Netincome-128.7 M-122.3 M
Net Income Per Share 0.16  0.17 
Income Quality 16.90  17.74 
Net Income Per E B T 0.76  0.80 

Surge Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Surge Energy. 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 Surge Energy 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 Surge Energy's important profitability drivers and their relationship over time.

Use Surge Energy 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 Surge Energy 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 Surge Energy will appreciate offsetting losses from the drop in the long position's value.

Surge Energy Pair Trading

Surge Energy Pair Trading Analysis

The ability to find closely correlated positions to Surge Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Surge Energy 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 Surge Energy - 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 Surge Energy to buy it.
The correlation of Surge Energy 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 Surge Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Surge Energy 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 Surge Energy 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Surge Energy position

In addition to having Surge Energy 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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Run Emerging Markets Funds Thematic Idea Now

Emerging Markets Funds
Emerging Markets Funds Theme
Fund or Etfs that invest in markets of developing countries. The Emerging Markets Funds theme has 41 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 Emerging Markets Funds Theme or any other thematic opportunities.
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Other Information on Investing in Surge Stock

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