Taseko Mines Operating Margin vs. EBITDA

TGB Stock  USD 1.99  0.01  0.51%   
Based on Taseko Mines' profitability indicators, Taseko Mines is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in January. Profitability indicators assess Taseko Mines' ability to earn profits and add value for shareholders.

Taseko Mines Operating Profit Margin

0.37

The current year's Operating Cash Flow Sales Ratio is expected to grow to 0.30, whereas Price To Sales Ratio is forecasted to decline to 0.99. At present, Taseko Mines' Operating Income is projected to increase significantly based on the last few years of reporting. The current year's Income Before Tax is expected to grow to about 139.5 M, whereas Accumulated Other Comprehensive Income is forecasted to decline to about 13 M.
For Taseko Mines profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Taseko Mines to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Taseko Mines utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Taseko Mines's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Taseko Mines over time as well as its relative position and ranking within its peers.
  
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For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Taseko Mines. If investors know Taseko will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Taseko Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Earnings Share
0.11
Revenue Per Share
2.008
Quarterly Revenue Growth
0.231
Return On Assets
0.0337
The market value of Taseko Mines is measured differently than its book value, which is the value of Taseko that is recorded on the company's balance sheet. Investors also form their own opinion of Taseko Mines' value that differs from its market value or its book value, called intrinsic value, which is Taseko Mines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Taseko Mines' market value can be influenced by many factors that don't directly affect Taseko Mines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Taseko Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taseko Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taseko Mines' 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.

Taseko Mines EBITDA vs. Operating Margin Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Taseko Mines's current stock value. Our valuation model uses many indicators to compare Taseko Mines value to that of its competitors to determine the firm's financial worth.
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Taseko Mines is rated below average in operating margin category among its peers. It is rated below average in ebitda category among its peers . At present, Taseko Mines' Operating Profit Margin is projected to decrease significantly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Taseko Mines' earnings, one of the primary drivers of an investment's value.

Taseko EBITDA vs. Operating Margin

Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.

Taseko Mines

Operating Margin

 = 

Operating Income

Revenue

X

100

 = 
(0.07) %
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Taseko Mines

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
233.23 M
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.

Taseko EBITDA Comparison

Taseko Mines is currently under evaluation in ebitda category among its peers.

Taseko Mines Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Taseko Mines, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Taseko Mines will eventually generate negative long term returns. The profitability progress is the general direction of Taseko Mines' change in net profit over the period of time. It can combine multiple indicators of Taseko Mines, 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 Income16.6 M13 M
Operating Income186.2 M195.6 M
Income Before Tax132.9 M139.5 M
Net Income82.7 M86.9 M
Income Tax Expense50.1 M52.7 M
Total Other Income Expense Net-53.4 M-50.7 M
Net Income From Continuing Ops13 M13.7 M
Net Loss-23.4 M-22.2 M
Interest Income2.7 M2.6 M
Net Interest Income-47.5 M-49.9 M
Change To Netincome69.4 M72.9 M
Net Income Per Share 0.28  0.29 
Income Quality 1.83  1.92 
Net Income Per E B T 0.62  0.59 

Taseko Profitability Driver Comparison

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

Use Taseko Mines 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 Taseko Mines 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 Taseko Mines will appreciate offsetting losses from the drop in the long position's value.

Taseko Mines Pair Trading

Taseko Mines Pair Trading Analysis

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

In addition to having Taseko Mines 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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Plastics
Plastics Theme
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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When determining whether Taseko Mines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Taseko Mines' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Taseko Mines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Taseko Mines Stock:
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For information on how to trade Taseko Stock refer to our How to Trade Taseko Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
To fully project Taseko Mines' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Taseko Mines 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 Taseko Mines' income statement, its balance sheet, and the statement of cash flows.
Potential Taseko Mines investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Taseko Mines investors may work on each financial statement separately, they are all related. The changes in Taseko Mines's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Taseko Mines'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.