SolGold PLC Net Income vs. Price To Book
Based on the measurements of profitability obtained from SolGold PLC's financial statements, SolGold PLC may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in February. Profitability indicators assess SolGold PLC's ability to earn profits and add value for shareholders.
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Please note, there is a significant difference between SolGold PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if SolGold PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SolGold PLC'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.
For SolGold PLC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SolGold PLC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SolGold PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SolGold PLC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SolGold PLC over time as well as its relative position and ranking within its peers.
SolGold |
SolGold PLC Price To Book vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SolGold PLC's current stock value. Our valuation model uses many indicators to compare SolGold PLC value to that of its competitors to determine the firm's financial worth. SolGold PLC is rated below average in net income category among its peers. It is rated fifth in price to book category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value SolGold PLC by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SolGold PLC'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.SolGold Price To Book vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
SolGold PLC |
| = | (60.3 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
SolGold PLC |
| = | 1.09 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.
SolGold Price To Book Comparison
SolGold PLC is currently under evaluation in price to book category among its peers.
SolGold PLC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SolGold PLC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SolGold PLC will eventually generate negative long term returns. The profitability progress is the general direction of SolGold PLC's change in net profit over the period of time. It can combine multiple indicators of SolGold PLC, 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.
SolGold Plc, together with its subsidiaries, engages in the exploration of mineral properties in Ecuador, Australia, and Solomon Islands. SolGold Plc was incorporated in 2005 and is headquartered in Brisbane, Australia. SOLGOLD PLC operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 463 people.
SolGold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SolGold PLC. 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 SolGold PLC 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 SolGold PLC's important profitability drivers and their relationship over time.
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Other Information on Investing in SolGold Stock
To fully project SolGold PLC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SolGold PLC 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 SolGold PLC's income statement, its balance sheet, and the statement of cash flows.