Prime Dividend Corp Stock Fundamentals
| PDV Stock | CAD 8.63 0.03 0.35% |
Prime Dividend Corp fundamentals help investors to digest information that contributes to Prime Dividend's financial success or failures. It also enables traders to predict the movement of Prime Stock. The fundamental analysis module provides a way to measure Prime Dividend'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 Prime Dividend stock.
At this time, Prime Dividend's Interest Income is very stable compared to the past year. Prime | Select Account or Indicator |
Prime Dividend Corp Company Return On Equity Analysis
Prime Dividend's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Prime Dividend Return On Equity | -0.19 |
Most of Prime Dividend's fundamental indicators, such as Return On Equity, 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, Prime Dividend Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Prime Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Prime Dividend is extremely important. It helps to project a fair market value of Prime Stock properly, considering its historical fundamentals such as Return On Equity. Since Prime Dividend'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 Prime Dividend'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 Prime Dividend's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Prime Total Stockholder Equity
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Based on the latest financial disclosure, Prime Dividend Corp has a Return On Equity of -0.194. This is 113.38% lower than that of the Capital Markets sector and 102.88% lower than that of the Financials industry. The return on equity for all Canada stocks is 37.42% lower than that of the firm.
Prime Dividend Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prime Dividend's current stock value. Our valuation model uses many indicators to compare Prime Dividend value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prime Dividend competition to find correlations between indicators driving Prime Dividend's intrinsic value. More Info.Prime Dividend Corp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . At this time, Prime Dividend'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 Prime Dividend by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Prime Dividend'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.Prime Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prime Dividend's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Prime Dividend could also be used in its relative valuation, which is a method of valuing Prime Dividend by comparing valuation metrics of similar companies.Prime Dividend is currently under evaluation in return on equity category among its peers.
Prime Dividend Current Valuation Drivers
We derive many important indicators used in calculating different scores of Prime Dividend from analyzing Prime Dividend's financial statements. These drivers represent accounts that assess Prime Dividend's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Prime Dividend's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 7.4M | 11.0M | 8.1M | 3.2M | 3.7M | 3.5M | |
| Enterprise Value | 15.9M | 19.2M | 15.9M | 10.6M | 12.2M | 21.7M |
Prime Fundamentals
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.004 | ||||
| Operating Margin | 0.35 % | ||||
| Current Valuation | (169.78 K) | ||||
| Shares Outstanding | 590.32 K | ||||
| Number Of Shares Shorted | 589 | ||||
| Price To Earning | 2.46 X | ||||
| Price To Book | 1.23 X | ||||
| Price To Sales | 28.39 X | ||||
| Revenue | 71.04 K | ||||
| Gross Profit | (348.91 K) | ||||
| EBITDA | (150.57 K) | ||||
| Net Income | (834 K) | ||||
| Cash And Equivalents | 13.17 M | ||||
| Cash Per Share | 14.02 X | ||||
| Total Debt | 8.54 M | ||||
| Debt To Equity | 2.35 % | ||||
| Current Ratio | 1.42 X | ||||
| Book Value Per Share | 7.00 X | ||||
| Cash Flow From Operations | 1.36 M | ||||
| Short Ratio | 0.90 X | ||||
| Earnings Per Share | 0.78 X | ||||
| Beta | 1.86 | ||||
| Market Capitalization | 5.11 M | ||||
| Total Asset | 12.64 M | ||||
| Annual Yield | 0.11 % | ||||
| Net Asset | 12.64 M | ||||
| Last Dividend Paid | 0.42 |
About Prime Dividend Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prime Dividend Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prime Dividend using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prime Dividend Corp 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 | -9.5 M | -10 M | |
| Total Revenue | 63.9 K | 60.7 K | |
| Cost Of Revenue | 64.1 K | 92.3 K | |
| Sales General And Administrative To Revenue | 2.44 | 2.56 | |
| Revenue Per Share | 0.13 | 0.12 | |
| Ebit Per Revenue | (1.91) | (1.81) |
Pair Trading with Prime Dividend
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 Prime Dividend 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 Prime Dividend will appreciate offsetting losses from the drop in the long position's value.Moving together with Prime Stock
| 0.68 | CEF | Sprott Physical Gold | PairCorr |
| 0.71 | PHYS | Sprott Physical Gold | PairCorr |
| 0.73 | EVT | Economic Investment Trust | PairCorr |
The ability to find closely correlated positions to Prime Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prime Dividend 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 Prime Dividend - 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 Prime Dividend Corp to buy it.
The correlation of Prime Dividend 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 Prime Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Prime Dividend Corp 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 Prime Dividend 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 Prime Stock
Prime Dividend financial ratios help investors to determine whether Prime 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 Prime with respect to the benefits of owning Prime Dividend security.