Descartes Systems Group Stock Earnings Per Share
| DSG Stock | CAD 164.74 1.65 1.01% |
Descartes Systems Group fundamentals help investors to digest information that contributes to Descartes Systems' financial success or failures. It also enables traders to predict the movement of Descartes Stock. The fundamental analysis module provides a way to measure Descartes Systems' 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 Descartes Systems stock.
Descartes | Earnings Per Share |
Descartes Systems Group Company Earnings Per Share Analysis
Descartes Systems' Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Current Descartes Systems Earnings Per Share | 2.08 X |
Most of Descartes Systems' fundamental indicators, such as Earnings Per Share, 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, Descartes Systems Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Descartes Earnings Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Descartes Systems is extremely important. It helps to project a fair market value of Descartes Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Descartes Systems' 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 Descartes Systems' 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 Descartes Systems' interrelated accounts and indicators.
Click cells to compare fundamentals
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
| Competition |
Descartes Common Stock Shares Outstanding
Common Stock Shares Outstanding |
|
According to the company disclosure, Descartes Systems Group has an Earnings Per Share of 2.08 times. This is 112.24% higher than that of the Software sector and notably higher than that of the Information Technology industry. The earnings per share for all Canada stocks is 33.33% higher than that of the company.
Descartes Earnings Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Descartes Systems' direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Descartes Systems could also be used in its relative valuation, which is a method of valuing Descartes Systems by comparing valuation metrics of similar companies.Descartes Systems is currently under evaluation in earnings per share category among its peers.
Descartes Systems Current Valuation Drivers
We derive many important indicators used in calculating different scores of Descartes Systems from analyzing Descartes Systems' financial statements. These drivers represent accounts that assess Descartes Systems' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Descartes Systems' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.7B | 5.3B | 6.2B | 6.2B | 7.6B | 8.0B | |
| Enterprise Value | 3.6B | 5.2B | 6.0B | 5.9B | 7.3B | 7.6B |
Descartes Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0751 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 13.74 B | ||||
| Shares Outstanding | 85.48 M | ||||
| Shares Owned By Institutions | 87.10 % | ||||
| Number Of Shares Shorted | 637.62 K | ||||
| Price To Earning | 118.05 X | ||||
| Price To Book | 7.65 X | ||||
| Price To Sales | 23.17 X | ||||
| Revenue | 572.93 M | ||||
| Gross Profit | 372.69 M | ||||
| EBITDA | 218.49 M | ||||
| Net Income | 115.91 M | ||||
| Cash And Equivalents | 29.55 M | ||||
| Cash Per Share | 0.38 X | ||||
| Total Debt | 6.98 M | ||||
| Debt To Equity | 46.10 % | ||||
| Current Ratio | 0.94 X | ||||
| Book Value Per Share | 15.35 X | ||||
| Cash Flow From Operations | 207.68 M | ||||
| Short Ratio | 5.60 X | ||||
| Earnings Per Share | 2.08 X | ||||
| Price To Earnings To Growth | 2.11 X | ||||
| Target Price | 62.86 | ||||
| Beta | 0.74 | ||||
| Market Capitalization | 14.08 B | ||||
| Total Asset | 1.47 B | ||||
| Retained Earnings | 220.75 M | ||||
| Working Capital | 214.55 M | ||||
| Net Asset | 1.47 B |
About Descartes Systems Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Descartes Systems Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Descartes Systems using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Descartes Systems Group 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.
Pair Trading with Descartes Systems
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 Descartes Systems 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 Descartes Systems will appreciate offsetting losses from the drop in the long position's value.Moving together with Descartes Stock
The ability to find closely correlated positions to Descartes Systems could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Descartes Systems 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 Descartes Systems - 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 Descartes Systems Group to buy it.
The correlation of Descartes Systems 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 Descartes Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Descartes Systems 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 Descartes Systems 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.