Power Financial Corp Preferred Stock Fundamentals
| PWF-PS Preferred Stock | CAD 20.09 0.27 1.36% |
Power Financial Corp fundamentals help investors to digest information that contributes to Power Financial's financial success or failures. It also enables traders to predict the movement of Power Preferred Stock. The fundamental analysis module provides a way to measure Power 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 Power Financial preferred stock.
Power |
Power Financial Corp Company Price To Earning Analysis
Power Financial's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Power Financial Price To Earning | 6.97 X |
Most of Power Financial's fundamental indicators, such as Price To Earning, 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, Power Financial Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Power Financial Corp has a Price To Earning of 6.97 times. This is 61.87% lower than that of the Financial Services sector and 52.1% lower than that of the Insurance - Life industry. The price to earning for all Canada preferred stocks is 75.73% higher than that of the company.
Power Financial Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Power Financial's current stock value. Our valuation model uses many indicators to compare Power Financial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Power Financial competition to find correlations between indicators driving Power Financial's intrinsic value. More Info.Power Financial Corp is considered to be number one stock in price to earning category among its peers. It also is considered to be number one stock in price to sales category among its peers fabricating about 0.04 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Power Financial Corp is roughly 23.51 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Power Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Power Financial's Preferred 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.Power Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Power Financial's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Power Financial could also be used in its relative valuation, which is a method of valuing Power Financial by comparing valuation metrics of similar companies.Power Financial is currently under evaluation in price to earning category among its peers.
Power Fundamentals
| Return On Equity | 0.0927 | ||||
| Return On Asset | 0.0051 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | (66.45 B) | ||||
| Shares Outstanding | 714.1 M | ||||
| Shares Owned By Institutions | 17.01 % | ||||
| Number Of Shares Shorted | 11.49 K | ||||
| Price To Earning | 6.97 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 57.47 B | ||||
| Gross Profit | 11.23 B | ||||
| EBITDA | 4.34 B | ||||
| Net Income | 2.05 B | ||||
| Cash And Equivalents | 7.07 B | ||||
| Cash Per Share | 10.65 X | ||||
| Total Debt | 16.12 B | ||||
| Debt To Equity | 45.90 % | ||||
| Current Ratio | 2.62 X | ||||
| Book Value Per Share | 29.39 X | ||||
| Cash Flow From Operations | 10.1 B | ||||
| Short Ratio | 2.48 X | ||||
| Earnings Per Share | 2.74 X | ||||
| Number Of Employees | 28.4 K | ||||
| Beta | 0.23 | ||||
| Market Capitalization | 19.01 B | ||||
| Z Score | 0.6 | ||||
| Annual Yield | 0.06 % | ||||
| Five Year Return | 5.26 % | ||||
| Last Dividend Paid | 0.91 |
About Power Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Power Financial Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Power Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Power Financial 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.Power Financial Corporation provides financial services in Canada, the United States, Europe, and Asia. Power Financial Corporation is a subsidiary of Power Corporation of Canada. POWER FINANCIAL operates under Insurance - Life classification in Canada and is traded on Toronto Stock Exchange. It employs 28000 people.
Pair Trading with Power 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 Power 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 Power Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Power Preferred Stock
| 0.77 | MFC-PJ | Manulife Fin Non | PairCorr |
| 0.73 | MFC-PK | Manulife Financial Corp | PairCorr |
| 0.65 | MFC-PL | Manulife Financial Corp | PairCorr |
Moving against Power Preferred Stock
| 0.85 | JPM | JPMorgan Chase | PairCorr |
| 0.85 | BOFA | Bank of America | PairCorr |
| 0.83 | RY-PS | Royal Bank | PairCorr |
| 0.82 | RY-PM | Royal Bank | PairCorr |
| 0.77 | RY-PJ | Royal Bank | PairCorr |
The ability to find closely correlated positions to Power 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 Power 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 Power 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 Power Financial Corp to buy it.
The correlation of Power 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 Power Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Power Financial 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 Power 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 Power Preferred Stock
Power Financial financial ratios help investors to determine whether Power Preferred 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 Power with respect to the benefits of owning Power Financial security.