Allied Gold Stock Fundamentals
| AAUC Stock | 3.48 0.02 0.58% |
Allied Gold fundamentals help investors to digest information that contributes to Allied Gold's financial success or failures. It also enables traders to predict the movement of Allied Stock. The fundamental analysis module provides a way to measure Allied Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Allied Gold stock.
Allied |
Allied Gold Company Current Valuation Analysis
Allied Gold's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Allied Gold Current Valuation | 1.15 B |
Most of Allied Gold's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Allied Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Allied Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Allied Gold is extremely important. It helps to project a fair market value of Allied Stock properly, considering its historical fundamentals such as Current Valuation. Since Allied Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Allied Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Allied Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Allied Gold has a Current Valuation of 1.15 B. This is 89.89% lower than that of the Basic Materials sector and 70.65% lower than that of the Gold industry. The current valuation for all Canada stocks is 93.06% higher than that of the company.
Allied Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Allied Gold's current stock value. Our valuation model uses many indicators to compare Allied Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Allied Gold competition to find correlations between indicators driving Allied Gold's intrinsic value. More Info.Allied Gold is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . At this time, Allied Gold's 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 Allied Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Allied Gold'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.Allied Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Allied Gold's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Allied Gold could also be used in its relative valuation, which is a method of valuing Allied Gold by comparing valuation metrics of similar companies.Allied Gold is currently under evaluation in current valuation category among its peers.
Allied Fundamentals
| Return On Equity | -0.3 | ||||
| Return On Asset | 0.0644 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 1.15 B | ||||
| Shares Outstanding | 328.89 M | ||||
| Shares Owned By Insiders | 26.20 % | ||||
| Shares Owned By Institutions | 25.33 % | ||||
| Number Of Shares Shorted | 1.01 M | ||||
| Price To Book | 3.74 X | ||||
| Price To Sales | 1.54 X | ||||
| Revenue | 655.69 M | ||||
| EBITDA | 64.37 M | ||||
| Net Income | (191.54 M) | ||||
| Total Debt | 103.46 M | ||||
| Book Value Per Share | 0.83 X | ||||
| Cash Flow From Operations | 19.76 M | ||||
| Short Ratio | 1.55 X | ||||
| Earnings Per Share | (0.43) X | ||||
| Target Price | 7.44 | ||||
| Market Capitalization | 1.14 B | ||||
| Total Asset | 956.29 M | ||||
| Retained Earnings | (120.88 M) | ||||
| Working Capital | 42.66 M | ||||
| Net Asset | 956.29 M |
About Allied Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Allied Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allied Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allied Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 95.8 M | 85.1 M | |
| Total Revenue | 655.7 M | 530.1 M | |
| Cost Of Revenue | 548.9 M | 599 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.10 | 0.07 | |
| Capex To Revenue | 0.11 | 0.12 | |
| Revenue Per Share | 2.62 | 2.90 | |
| Ebit Per Revenue | 0.03 | 0.03 |
Pair Trading with Allied Gold
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 Allied Gold 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 Allied Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Allied Stock
| 0.84 | AEM | Agnico Eagle Mines | PairCorr |
| 0.9 | WPM | Wheaton Precious Metals | PairCorr |
| 0.92 | FNV | Franco Nevada | PairCorr |
The ability to find closely correlated positions to Allied Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allied Gold 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 Allied Gold - 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 Allied Gold to buy it.
The correlation of Allied Gold 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 Allied Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allied Gold 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 Allied Gold 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.Other Information on Investing in Allied Stock
Allied Gold financial ratios help investors to determine whether Allied Stock 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 Allied with respect to the benefits of owning Allied Gold security.