SmartCentres Real Current Valuation vs. Gross Profit

SRU-UN Stock  CAD 25.44  0.01  0.04%   
Taking into consideration SmartCentres Real's profitability measurements, SmartCentres Real's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess SmartCentres Real's ability to earn profits and add value for shareholders. As of December 12, 2024, Price To Sales Ratio is expected to decline to 4.58. In addition to that, Days Sales Outstanding is expected to decline to 10.20. At present, SmartCentres Real's Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 348.4 M, whereas Operating Income is forecasted to decline to about 313.1 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.740.6546
Moderately Up
Slightly volatile
Operating Profit Margin0.420.6214
Way Down
Pretty Stable
Pretax Profit Margin0.370.5489
Way Down
Very volatile
For SmartCentres Real profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SmartCentres Real to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SmartCentres Real Estate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SmartCentres Real's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SmartCentres Real Estate 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 SmartCentres Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if SmartCentres Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SmartCentres Real'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.

SmartCentres Real Estate Gross Profit vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining SmartCentres Real's current stock value. Our valuation model uses many indicators to compare SmartCentres Real value to that of its competitors to determine the firm's financial worth.
SmartCentres Real Estate is rated third in current valuation category among its peers. It is rated fourth in gross profit category among its peers fabricating about  0.06  of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for SmartCentres Real Estate is roughly  17.77 . At present, SmartCentres Real's Gross Profit is projected to increase significantly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value SmartCentres Real by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SmartCentres Real'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.

SmartCentres Current Valuation vs. Competition

SmartCentres Real Estate is rated third in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Real Estate industry is at this time estimated at about 56.32 Billion. SmartCentres Real retains roughly 9.33 Billion in current valuation claiming about 17% of equities listed under Real Estate industry.

SmartCentres Gross Profit vs. Current Valuation

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.

SmartCentres Real

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
9.33 B
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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

SmartCentres Real

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
524.84 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.

SmartCentres Gross Profit Comparison

SmartCentres Real is currently under evaluation in gross profit category among its peers.

SmartCentres Real Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in SmartCentres Real, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SmartCentres Real will eventually generate negative long term returns. The profitability progress is the general direction of SmartCentres Real's change in net profit over the period of time. It can combine multiple indicators of SmartCentres Real, 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 B6.7 B
Operating Income577.6 M313.1 M
Income Before Tax510.1 M301 M
Total Other Income Expense Net-67.5 M-70.8 M
Net Income510.1 M269.3 M
Income Tax Expense331.8 M348.4 M
Net Income From Continuing Ops510.1 M496.5 M
Net Income Applicable To Common Shares593.5 M406.5 M
Net Interest Income-144.1 M-151.3 M
Interest Income19.9 M14.9 M
Change To Netincome-85 M-80.8 M
Net Income Per Share 2.32  2.44 
Income Quality 0.65  0.62 
Net Income Per E B T 0.81  0.68 

SmartCentres Profitability Driver Comparison

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

Use SmartCentres Real 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 SmartCentres Real 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 SmartCentres Real will appreciate offsetting losses from the drop in the long position's value.

SmartCentres Real Pair Trading

SmartCentres Real Estate Pair Trading Analysis

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

In addition to having SmartCentres Real 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 Large Growth Funds Thematic Idea Now

Large Growth Funds
Large Growth Funds Theme
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 39 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 Large Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in SmartCentres Stock

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