Current Water Revenue vs. Price To Sales

WATR Stock  CAD 0.03  0.01  25.00%   
Considering Current Water's profitability and operating efficiency indicators, Current Water Technologies is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess Current Water's ability to earn profits and add value for shareholders.
 
Total Revenue  
First Reported
1997-06-30
Previous Quarter
-530.3 K
Current Value
481.2 K
Quarterly Volatility
278.7 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Current Water's Days Sales Outstanding is fairly stable compared to the past year. Operating Cash Flow Sales Ratio is likely to climb to 0.09 in 2024, whereas EV To Sales is likely to drop 3.93 in 2024. At this time, Current Water's Net Income is fairly stable compared to the past year. Income Before Tax is likely to climb to about 469.5 K in 2024, whereas Operating Income is likely to drop (560.9 K) in 2024.
For Current Water profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Current Water to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Current Water Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Current Water's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Current Water Technologies 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 Current Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Current Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Current Water'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.

Current Water Techno Price To Sales vs. Revenue Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Current Water's current stock value. Our valuation model uses many indicators to compare Current Water value to that of its competitors to determine the firm's financial worth.
Current Water Technologies is rated first in revenue category among its peers. It is rated first in price to sales category among its peers . The ratio of Revenue to Price To Sales for Current Water Technologies is about  421,386 . At this time, Current Water's Total Revenue is fairly stable compared to the past year. 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 Current Water's earnings, one of the primary drivers of an investment's value.

Current Revenue vs. Competition

Current Water Technologies is rated first in revenue category among its peers. Market size based on revenue of Industrials industry is at this time estimated at about 10.81 Billion. Current Water adds roughly 2.02 Million in revenue claiming only tiny portion of equities under Industrials industry.

Current Price To Sales vs. Revenue

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

Current Water

Revenue

 = 

Money Received

-

Discounts and Returns

 = 
2.02 M
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Current Water

P/S

 = 

MV Per Share

Revenue Per Share

 = 
4.79 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Current Price To Sales Comparison

Current Water is currently under evaluation in price to sales category among its peers.

Current Water Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Current Water, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Current Water will eventually generate negative long term returns. The profitability progress is the general direction of Current Water's change in net profit over the period of time. It can combine multiple indicators of Current Water, 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 Income1.1 M660.7 K
Operating Income-534.2 K-560.9 K
Net Income447.2 K469.5 K
Income Tax Expense(900.00)(945.00)
Income Before Tax447.2 K469.5 K
Total Other Income Expense NetM1.1 M
Net Interest Income-44.8 K-42.6 K
Net Income From Continuing Ops447.2 K469.5 K
Net Loss-1.8 M-1.9 M
Change To Netincome102.2 K97.1 K
Income Quality 0.38  0.36 
Net Income Per E B T 0.90  0.51 

Current Profitability Driver Comparison

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

Use Current Water 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 Current Water 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 Current Water will appreciate offsetting losses from the drop in the long position's value.

Current Water Pair Trading

Current Water Technologies Pair Trading Analysis

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

In addition to having Current Water 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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Run Utilities Thematic Idea Now

Utilities
Utilities Theme
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 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 Utilities Theme or any other thematic opportunities.
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Additional Tools for Current Stock Analysis

When running Current Water's price analysis, check to measure Current Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Current Water is operating at the current time. Most of Current Water's value examination focuses on studying past and present price action to predict the probability of Current Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Current Water's price. Additionally, you may evaluate how the addition of Current Water to your portfolios can decrease your overall portfolio volatility.