Tamarack Valley Net Income vs. Return On Equity

TVE Stock  CAD 4.48  0.04  0.90%   
Based on the key profitability measurements obtained from Tamarack Valley's financial statements, Tamarack Valley Energy is performing exceptionally good at this time. It has a great risk to showcase excellent profitability results in January. Profitability indicators assess Tamarack Valley's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2002-06-30
Previous Quarter
94.9 M
Current Value
93.7 M
Quarterly Volatility
47.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of the 5th of December 2024, Price To Sales Ratio is likely to drop to 1.15. In addition to that, Days Sales Outstanding is likely to drop to 33.30. At this time, Tamarack Valley's Interest Income is very stable compared to the past year. As of the 5th of December 2024, Change To Netincome is likely to grow to about 66.3 M, though Total Other Income Expense Net is likely to grow to (202.9 M).
For Tamarack Valley profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tamarack Valley to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tamarack Valley Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tamarack Valley's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tamarack Valley Energy 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 Tamarack Valley's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tamarack Valley is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tamarack Valley'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.

Tamarack Valley Energy Return On Equity vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Tamarack Valley's current stock value. Our valuation model uses many indicators to compare Tamarack Valley value to that of its competitors to determine the firm's financial worth.
Tamarack Valley Energy is rated fifth in net income category among its peers. It is rated below average in return on equity category among its peers . The ratio of Net Income to Return On Equity for Tamarack Valley Energy is about  956,304,569 . At this time, Tamarack Valley's Net Income is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Tamarack Valley by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tamarack Valley'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.

Tamarack Return On Equity 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.

Tamarack Valley

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
94.2 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.
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.

Tamarack Valley

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0985
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.

Tamarack Return On Equity Comparison

Tamarack Valley is currently under evaluation in return on equity category among its peers.

Tamarack Valley Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Tamarack Valley, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tamarack Valley will eventually generate negative long term returns. The profitability progress is the general direction of Tamarack Valley's change in net profit over the period of time. It can combine multiple indicators of Tamarack Valley, 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
Operating Income355 M372.7 M
Income Before Tax141.4 M148.4 M
Total Other Income Expense Net-213.6 M-202.9 M
Net Income94.2 M98.9 M
Income Tax Expense47.2 M49.5 M
Net Income From Continuing Ops94.2 M98.9 M
Net Income Applicable To Common Shares397 M416.8 M
Interest Income102.1 M107.2 M
Net Interest Income-103.7 M-98.5 M
Change To Netincome63.1 M66.3 M
Net Income Per Share 0.17  0.18 
Income Quality 6.71  5.26 
Net Income Per E B T 0.67  0.49 

Tamarack Profitability Driver Comparison

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

Use Tamarack Valley 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 Tamarack Valley 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 Tamarack Valley will appreciate offsetting losses from the drop in the long position's value.

Tamarack Valley Pair Trading

Tamarack Valley Energy Pair Trading Analysis

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

In addition to having Tamarack Valley 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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Corporate ETFs
Corporate ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Corporate ETFs theme has 222 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 Corporate ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Tamarack Stock

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