Accord Financial Current Valuation vs. EBITDA
| ACD Stock | CAD 3.75 0.02 0.54% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.74 | 0.9912 |
|
|
For Accord Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Accord Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Accord Financial Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Accord Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Accord Financial Corp over time as well as its relative position and ranking within its peers.
Accord |
Accord Financial Corp EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Accord Financial's current stock value. Our valuation model uses many indicators to compare Accord Financial value to that of its competitors to determine the firm's financial worth. Accord Financial Corp is rated fifth in current valuation category among its peers. It is rated fourth in ebitda category among its peers totaling about 0.06 of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for Accord Financial Corp is roughly 17.86 . At this time, Accord Financial's EBITDA is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Accord Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Accord Financial'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.Accord Current Valuation vs. Competition
Accord Financial Corp is rated fifth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is presently estimated at about 4.63 Billion. Accord Financial holds roughly 369.39 Million in current valuation claiming about 8% of equities under Financials industry.
Accord EBITDA vs. Current Valuation
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.
Accord Financial |
| = | 369.39 M |
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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Accord Financial |
| = | 20.68 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Accord EBITDA Comparison
Accord Financial is currently under evaluation in ebitda category among its peers.
Accord Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Accord Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Accord Financial will eventually generate negative long term returns. The profitability progress is the general direction of Accord Financial's change in net profit over the period of time. It can combine multiple indicators of Accord Financial, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 7.1 M | 7.4 M | |
| Operating Income | 34.6 M | 36.3 M | |
| Income Before Tax | -27.2 M | -25.8 M | |
| Total Other Income Expense Net | -61.8 M | -58.7 M | |
| Net Loss | -14.6 M | -13.9 M | |
| Income Tax Expense | -11.8 M | -11.2 M | |
| Net Loss | -15.4 M | -14.6 M | |
| Net Income Applicable To Common Shares | 1.3 M | 1.2 M | |
| Interest Income | 68.7 M | 72.2 M | |
| Net Interest Income | 33.4 M | 34.1 M | |
| Change To Netincome | 9.6 M | 10.1 M | |
| Net Loss | (1.71) | (1.62) | |
| Income Quality | 3.50 | 3.67 | |
| Net Income Per E B T | 0.54 | 0.54 |
Accord Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Accord Financial. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Accord Financial position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Accord Financial's important profitability drivers and their relationship over time.
Use Accord Financial in pair-trading
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 Accord 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 Accord Financial will appreciate offsetting losses from the drop in the long position's value.Accord Financial Pair Trading
Accord Financial Corp Pair Trading Analysis
The ability to find closely correlated positions to Accord 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 Accord 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 Accord 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 Accord Financial Corp to buy it.
The correlation of Accord 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 Accord Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Accord 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 Accord 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.Use Investing Themes to Complement your Accord Financial position
In addition to having Accord Financial in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Penny Thematic Idea Now
Penny
Solid stocks, funds or ETFs with below average market capitalization and typicl daily price below 2. The Penny theme has 56 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Penny Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Accord Stock
To fully project Accord Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Accord Financial Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Accord Financial's income statement, its balance sheet, and the statement of cash flows.