Medical Facilities Current Valuation vs. Price To Book

DR Stock  CAD 15.53  0.02  0.13%   
Based on Medical Facilities' profitability indicators, Medical Facilities is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Medical Facilities' ability to earn profits and add value for shareholders. At this time, Medical Facilities' Days Sales Outstanding is very stable compared to the past year. As of the 11th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.26, while Price To Sales Ratio is likely to drop 0.36. At this time, Medical Facilities' Operating Income is very stable compared to the past year. As of the 11th of December 2024, Net Income Per E B T is likely to grow to 0.37, while Income Before Tax is likely to drop about 44.2 M.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.770.6658
Fairly Up
Slightly volatile
Operating Profit Margin0.30.1506
Way Up
Slightly volatile
Pretax Profit Margin0.150.1174
Significantly Up
Very volatile
For Medical Facilities profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Medical Facilities to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Medical Facilities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Medical Facilities's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Medical Facilities 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 Medical Facilities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Medical Facilities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medical Facilities' 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.

Medical Facilities Price To Book vs. Current Valuation Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Medical Facilities's current stock value. Our valuation model uses many indicators to compare Medical Facilities value to that of its competitors to determine the firm's financial worth.
Medical Facilities is rated as one of the top companies in current valuation category among its peers. It also is one of the top stocks in price to book category among its peers . The ratio of Current Valuation to Price To Book for Medical Facilities is about  142,888,531 . As of the 11th of December 2024, Price To Book Ratio is likely to drop to 1.89. Comparative valuation analysis is a catch-all model that can be used if you cannot value Medical Facilities by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Medical Facilities' 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.

Medical Current Valuation vs. Competition

Medical Facilities is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is currently estimated at about 72.21 Billion. Medical Facilities maintains roughly 475.32 Million in current valuation contributing less than 1% to equities under Health Care industry.

Medical Price To Book 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.

Medical Facilities

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
475.32 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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Medical Facilities

P/B

 = 

MV Per Share

BV Per Share

 = 
3.33 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Medical Price To Book Comparison

Medical Facilities is currently under evaluation in price to book category among its peers.

Medical Facilities Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Medical Facilities, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Medical Facilities will eventually generate negative long term returns. The profitability progress is the general direction of Medical Facilities' change in net profit over the period of time. It can combine multiple indicators of Medical Facilities, 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
Operating Income67.1 M73.8 M
Income Before Tax52.3 M44.2 M
Total Other Income Expense Net-14.8 M-15.5 M
Net Income44 M30.5 M
Income Tax Expense8.3 M6.4 M
Net Income From Continuing Ops44 M36.6 M
Net Loss-4 M-3.8 M
Interest Income717 K681.1 K
Net Interest Income-16.1 M-16.9 M
Change To Netincome53.9 M42.4 M
Net Income Per Share 0.73  0.40 
Income Quality 1.65  1.57 
Net Income Per E B T 0.35  0.37 

Medical Profitability Driver Comparison

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

Use Medical Facilities 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 Medical Facilities 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 Medical Facilities will appreciate offsetting losses from the drop in the long position's value.

Medical Facilities Pair Trading

Medical Facilities Pair Trading Analysis

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

In addition to having Medical Facilities 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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Other Information on Investing in Medical Stock

To fully project Medical Facilities' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Medical Facilities 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 Medical Facilities' income statement, its balance sheet, and the statement of cash flows.
Potential Medical Facilities investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Medical Facilities investors may work on each financial statement separately, they are all related. The changes in Medical Facilities's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Medical Facilities'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.