Taseko Mines Return On Equity vs. Profit Margin
| TKO Stock | CAD 2.87 0.03 1.06% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.19054792 | Current Value 0.18 | Quarterly Volatility 0.12071192 |
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.
Taseko |
Taseko Mines Profit Margin vs. Return On Equity 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. Taseko Mines is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in profit margin category among its peers fabricating about 0.71 of Profit Margin per Return On Equity. The ratio of Return On Equity to Profit Margin for Taseko Mines is roughly 1.41 . At this time, Taseko Mines' Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Taseko Mines by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Taseko Mines' 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.Taseko Profit Margin vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Taseko Mines |
| = | 0.11 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Taseko Mines |
| = | 0.08 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Taseko Profit Margin Comparison
Taseko Mines is currently under evaluation in profit margin 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 16.6 M | 12.4 M | |
| Operating Income | 186.2 M | 195.6 M | |
| Total Other Income Expense Net | -53.4 M | -50.7 M | |
| Net Income | 82.7 M | 86.9 M | |
| Income Tax Expense | 50.1 M | 52.7 M | |
| Income Before Tax | 132.9 M | 139.5 M | |
| Net Income From Continuing Ops | 82.7 M | 86.9 M | |
| Net Loss | -29.9 M | -31.4 M | |
| Interest Income | 3 M | 2.8 M | |
| Net Interest Income | -49.9 M | -52.4 M | |
| Change To Netincome | 69.4 M | 57.6 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.Use Investing Themes to Complement your Taseko Mines position
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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.