Purpose Canadian Valuation
BNC Etf | CAD 27.42 0.49 1.82% |
At this time, the etf appears to be fairly valued. Purpose Canadian Fin holds a recent Real Value of C$27.48 per share. The prevailing price of the etf is C$27.42. Our model determines the value of Purpose Canadian Fin from analyzing the etf fundamentals such as Revenue of 130 K, price to book of 53.75 X, and Return On Asset of -19.13 as well as examining its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that Purpose Canadian's price fluctuation is very steady at this time. Calculation of the real value of Purpose Canadian Fin is based on 3 months time horizon. Increasing Purpose Canadian's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Purpose Canadian is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Purpose Etf. However, Purpose Canadian's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 27.42 | Real 27.48 | Hype 27.42 | Naive 27.83 |
The intrinsic value of Purpose Canadian's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Purpose Canadian's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Purpose Canadian Financial helps investors to forecast how Purpose etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Purpose Canadian more accurately as focusing exclusively on Purpose Canadian's fundamentals will not take into account other important factors: Purpose Canadian Total Value Analysis
Purpose Canadian Financial is currently forecasted to have takeover price of 45.36 M with market capitalization of 6.33 B, debt of 12.73 M, and cash on hands of 40.15 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Purpose Canadian fundamentals before making investing decisions based on enterprise value of the companyTakeover Price | Market Cap | Debt Obligations | Cash |
45.36 M | 6.33 B | 12.73 M | 40.15 M |
Purpose Canadian Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Purpose Canadian has an asset utilization ratio of 3.68 percent. This suggests that the ETF is making C$0.0368 for each dollar of assets. An increasing asset utilization means that Purpose Canadian Financial is more efficient with each dollar of assets it utilizes for everyday operations.Purpose Canadian Profitability Analysis
The company reported the revenue of 130 K. Net Loss for the year was (15.7 M).About Purpose Canadian Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Purpose Canadian Financial. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Purpose Canadian Fin based exclusively on its fundamental and basic technical indicators. By analyzing Purpose Canadian's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Purpose Canadian's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Purpose Canadian. We calculate exposure to Purpose Canadian's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Purpose Canadian's related companies.The fund seeks to provide shareholders with long-term capital appreciation through investment in a portfolio of Canadian Banks and Canadian Insurance Companies and monthly distributions PURPOSE CDN is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in Purpose Etf
Purpose Canadian financial ratios help investors to determine whether Purpose Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Purpose with respect to the benefits of owning Purpose Canadian security.