Champion Iron Current Valuation vs. Price To Sales

CIA Stock  CAD 5.17  0.01  0.19%   
Considering Champion Iron's profitability and operating efficiency indicators, Champion Iron is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in January. Profitability indicators assess Champion Iron's ability to earn profits and add value for shareholders. At this time, Champion Iron's Days Sales Outstanding is very stable compared to the past year. As of the 22nd of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.33, while Price To Sales Ratio is likely to drop 2.16. At this time, Champion Iron's Net Income Per E B T is very stable compared to the past year.
For Champion Iron profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Champion Iron to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Champion Iron utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Champion Iron's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Champion Iron over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Champion Iron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Champion Iron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Champion Iron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Champion Iron Price To Sales vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Champion Iron's current stock value. Our valuation model uses many indicators to compare Champion Iron value to that of its competitors to determine the firm's financial worth.
Champion Iron is the top company in current valuation category among its peers. It is rated second in price to sales category among its peers . The ratio of Current Valuation to Price To Sales for Champion Iron is about  1,909,037,786 . At this time, Champion Iron's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Champion Iron by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Champion Iron'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.

Champion Current Valuation vs. Competition

Champion Iron is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is currently estimated at about 3.14 Billion. Champion Iron totals roughly 3.09 Billion in current valuation claiming about 98% of all equities under Materials industry.

Champion Price To Sales 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.

Champion Iron

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
3.09 B
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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Champion Iron

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.62 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Champion Iron Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Champion Iron, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Champion Iron will eventually generate negative long term returns. The profitability progress is the general direction of Champion Iron's change in net profit over the period of time. It can combine multiple indicators of Champion Iron, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income22.7 M23.9 M
Operating Income429.2 M265.8 M
Income Before Tax392.8 M239.1 M
Total Other Income Expense Net-36.4 M-38.2 M
Net Income234.2 M134.9 M
Income Tax Expense158.6 M101.4 M
Net Income From Continuing Ops234.2 M148 M
Net Income Applicable To Common Shares601 M631 M
Net Interest Income-34 M-32.3 M
Interest Income14.4 M15.2 M
Change To Netincome127.8 M134.2 M
Net Income Per Share 0.44  0.46 
Income Quality 2.03  2.13 
Net Income Per E B T 0.60  0.75 

Champion Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Champion Iron. 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 Champion Iron 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 Champion Iron's important profitability drivers and their relationship over time.

Use Champion Iron 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 Champion Iron 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 Champion Iron will appreciate offsetting losses from the drop in the long position's value.

Champion Iron Pair Trading

Champion Iron Pair Trading Analysis

The ability to find closely correlated positions to Champion Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Champion Iron 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 Champion Iron - 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 Champion Iron to buy it.
The correlation of Champion Iron 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 Champion Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Champion Iron 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 Champion Iron 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Champion Iron position

In addition to having Champion Iron 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.

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Tech Growth
Tech Growth Theme
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
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Other Information on Investing in Champion Stock

To fully project Champion Iron's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Champion Iron 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 Champion Iron's income statement, its balance sheet, and the statement of cash flows.
Potential Champion Iron investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Champion Iron investors may work on each financial statement separately, they are all related. The changes in Champion Iron's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Champion Iron's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.