Olympia Financial Group Stock Retained Earnings
| OLY Stock | CAD 102.00 0.29 0.29% |
Olympia Financial Group fundamentals help investors to digest information that contributes to Olympia Financial's financial success or failures. It also enables traders to predict the movement of Olympia Stock. The fundamental analysis module provides a way to measure Olympia Financial'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 Olympia Financial stock.
| Last Reported | Projected for Next Year | ||
| Retained Earnings | 27.3 M | 28.7 M |
Olympia | Retained Earnings |
Olympia Financial Group Company Retained Earnings Analysis
Olympia Financial's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
More About Retained Earnings | All Equity Analysis
Retained Earnings | = | Beginning RE + Income | - | Dividends |
Current Olympia Financial Retained Earnings | 27.35 M |
Most of Olympia Financial's fundamental indicators, such as Retained Earnings, 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, Olympia Financial Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Olympia Retained Earnings Driver Correlations
Understanding the fundamental principles of building solid financial models for Olympia Financial is extremely important. It helps to project a fair market value of Olympia Stock properly, considering its historical fundamentals such as Retained Earnings. Since Olympia Financial'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 Olympia Financial'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 Olympia Financial's interrelated accounts and indicators.
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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
| Competition |
Based on the latest financial disclosure, Olympia Financial Group has a Retained Earnings of 27.35 M. This is 99.82% lower than that of the Capital Markets sector and 98.12% lower than that of the Financials industry. The retained earnings for all Canada stocks is 99.71% higher than that of the company.
Olympia Retained Earnings Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Olympia Financial's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Olympia Financial could also be used in its relative valuation, which is a method of valuing Olympia Financial by comparing valuation metrics of similar companies.Olympia Financial is currently under evaluation in retained earnings category among its peers.
Olympia Financial Current Valuation Drivers
We derive many important indicators used in calculating different scores of Olympia Financial from analyzing Olympia Financial's financial statements. These drivers represent accounts that assess Olympia Financial's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Olympia Financial's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 92.5M | 123.4M | 112.0M | 166.1M | 149.5M | 78.8M | |
| Enterprise Value | 83.9M | 118.2M | 110.7M | 164.0M | 147.6M | 75.0M |
Olympia Fundamentals
| Return On Equity | 0.71 | ||||
| Return On Asset | 0.36 | ||||
| Profit Margin | 0.24 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | 231.43 M | ||||
| Shares Outstanding | 2.41 M | ||||
| Shares Owned By Insiders | 34.63 % | ||||
| Shares Owned By Institutions | 1.34 % | ||||
| Number Of Shares Shorted | 452 | ||||
| Price To Earning | 9.93 X | ||||
| Price To Book | 6.08 X | ||||
| Price To Sales | 2.38 X | ||||
| Revenue | 99.82 M | ||||
| Gross Profit | 68.23 M | ||||
| EBITDA | 32.91 M | ||||
| Net Income | 23.96 M | ||||
| Cash Per Share | 8.01 X | ||||
| Total Debt | 3.57 M | ||||
| Debt To Equity | 66.00 % | ||||
| Current Ratio | 1.18 X | ||||
| Book Value Per Share | 14.68 X | ||||
| Cash Flow From Operations | 18.95 M | ||||
| Short Ratio | 0.51 X | ||||
| Earnings Per Share | 9.48 X | ||||
| Target Price | 140.64 | ||||
| Number Of Employees | 325 | ||||
| Beta | 0.27 | ||||
| Market Capitalization | 245.45 M | ||||
| Total Asset | 47.27 M | ||||
| Retained Earnings | 27.35 M | ||||
| Working Capital | 17.34 M | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 7.89 % | ||||
| Net Asset | 47.27 M |
About Olympia Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Olympia Financial Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Olympia Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Olympia Financial 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 Olympia Financial
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 Olympia Financial 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 Olympia Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Olympia Stock
Moving against Olympia Stock
The ability to find closely correlated positions to Olympia Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Olympia Financial 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 Olympia Financial - 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 Olympia Financial Group to buy it.
The correlation of Olympia Financial 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 Olympia Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Olympia Financial 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 Olympia Financial 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 Olympia Stock
Olympia Financial financial ratios help investors to determine whether Olympia 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 Olympia with respect to the benefits of owning Olympia Financial security.