SilverCrest Metals Price To Book vs. Return On Asset
| SIL Stock | 13.19 0.03 0.23% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.69 | 0.605 |
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| Net Profit Margin | 0.66 | 0.4762 |
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| Operating Profit Margin | 0.34 | 0.5358 |
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| Pretax Profit Margin | 0.75 | 0.5028 |
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For SilverCrest Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SilverCrest Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SilverCrest Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SilverCrest Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SilverCrest Metals over time as well as its relative position and ranking within its peers.
SilverCrest |
SilverCrest Metals Return On Asset vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SilverCrest Metals's current stock value. Our valuation model uses many indicators to compare SilverCrest Metals value to that of its competitors to determine the firm's financial worth. SilverCrest Metals is currently regarded as top stock in price to book category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.06 of Return On Asset per Price To Book. The ratio of Price To Book to Return On Asset for SilverCrest Metals is roughly 15.63 . As of the 28th of December 2024, Return On Assets is likely to grow to 0.27. Comparative valuation analysis is a catch-all model that can be used if you cannot value SilverCrest Metals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SilverCrest Metals' 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.SilverCrest Return On Asset vs. Price To Book
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.
SilverCrest Metals |
| = | 2.94 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.
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.
SilverCrest Metals |
| = | 0.19 |
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.
SilverCrest Return On Asset Comparison
SilverCrest Metals is currently under evaluation in return on asset category among its peers.
SilverCrest Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SilverCrest Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SilverCrest Metals will eventually generate negative long term returns. The profitability progress is the general direction of SilverCrest Metals' change in net profit over the period of time. It can combine multiple indicators of SilverCrest Metals, 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 | -3.5 M | -3.4 M | |
| Interest Income | 4 M | 4.8 M | |
| Operating Income | 202.9 M | 213.1 M | |
| Income Before Tax | 123.2 M | 129.4 M | |
| Total Other Income Expense Net | -79.7 M | -75.7 M | |
| Net Income Applicable To Common Shares | 28.2 M | 29.6 M | |
| Net Income | 116.7 M | 122.6 M | |
| Income Tax Expense | 6.5 M | 6.9 M | |
| Net Interest Income | 1.8 M | 1.9 M | |
| Net Income From Continuing Ops | 116.7 M | 122.6 M | |
| Change To Netincome | -8.7 M | -8.3 M | |
| Net Income Per Share | 0.79 | 0.83 | |
| Income Quality | 1.36 | 0.70 | |
| Net Income Per E B T | 0.95 | 1.06 |
SilverCrest Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SilverCrest Metals. 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 SilverCrest Metals 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 SilverCrest Metals' important profitability drivers and their relationship over time.
Use SilverCrest Metals 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 SilverCrest Metals 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 SilverCrest Metals will appreciate offsetting losses from the drop in the long position's value.SilverCrest Metals Pair Trading
SilverCrest Metals Pair Trading Analysis
The ability to find closely correlated positions to SilverCrest Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SilverCrest Metals 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 SilverCrest Metals - 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 SilverCrest Metals to buy it.
The correlation of SilverCrest Metals 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 SilverCrest Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SilverCrest Metals 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 SilverCrest Metals 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 SilverCrest Metals position
In addition to having SilverCrest Metals 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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Plastics
Companies manufacturing rubber and plastics accessories. The Plastics theme has 43 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 Plastics Theme or any other thematic opportunities.
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Check out World Market Map. To learn how to invest in SilverCrest Stock, please use our How to Invest in SilverCrest Metals guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
To fully project SilverCrest Metals' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SilverCrest Metals 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 SilverCrest Metals' income statement, its balance sheet, and the statement of cash flows.