Canadian Tire Stock Analysis

Canadian Stock Analysis Notes

About 32.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canadian Tire has Price/Earnings To Growth (PEG) ratio of 0.34. The entity recorded earning per share (EPS) of 11.59. The firm last dividend was issued on the 31st of January 2025. Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. Canadian Tire Corporation, Limited was founded in 1922 and is headquartered in Toronto, Canada. CANADIAN TIRE operates under Specialty Retail classification in Canada and is traded on Toronto Stock Exchange. It employs 13303 people. For more info on Canadian Tire please contact Gregory Hicks at 416 480 3000 or go to https://www.corp.canadiantire.ca.

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Canadian Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.78 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Canadian Tire's market, we take the total number of its shares issued and multiply it by Canadian Tire's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Canadian Profitablity

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08.

Management Efficiency

Canadian Tire has return on total asset (ROA) of 0.0372 % which means that it generated a profit of $0.0372 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1123 %, meaning that it generated $0.1123 on every $100 dollars invested by stockholders. Canadian Tire's management efficiency ratios could be used to measure how well Canadian Tire manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.13 in 2024, whereas Return On Tangible Assets are likely to drop 0.01 in 2024. At this time, Canadian Tire's Non Current Liabilities Total is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 2.6 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 3.4 B in 2024.

Technical Drivers

As of the 29th of November, Canadian Tire shows the Mean Deviation of 0.682, standard deviation of 0.933, and Risk Adjusted Performance of (0.01). Canadian Tire technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Canadian Tire Price Movement Analysis

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Canadian Tire Forecast Models

Canadian Tire's time-series forecasting models are one of many Canadian Tire's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Canadian Tire's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Canadian Tire prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Canadian shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Canadian Tire. By using and applying Canadian Stock analysis, traders can create a robust methodology for identifying Canadian entry and exit points for their positions.

When running Canadian Tire's price analysis, check to measure Canadian Tire'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 Canadian Tire is operating at the current time. Most of Canadian Tire's value examination focuses on studying past and present price action to predict the probability of Canadian Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Tire's price. Additionally, you may evaluate how the addition of Canadian Tire to your portfolios can decrease your overall portfolio volatility.