DIRTT Environmental Return On Equity vs. EBITDA
| DRT Stock | CAD 0.95 0.05 5.56% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (2.05) | Current Value (1.95) | Quarterly Volatility 0.96805696 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.39 | 0.3273 |
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For DIRTT Environmental profitability analysis, we use financial ratios and fundamental drivers that measure the ability of DIRTT Environmental to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well DIRTT Environmental Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between DIRTT Environmental's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of DIRTT Environmental Solutions over time as well as its relative position and ranking within its peers.
DIRTT |
DIRTT Environmental EBITDA vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining DIRTT Environmental's current stock value. Our valuation model uses many indicators to compare DIRTT Environmental value to that of its competitors to determine the firm's financial worth. DIRTT Environmental Solutions is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in ebitda category among its peers . At this time, DIRTT Environmental'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 DIRTT Environmental by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for DIRTT Environmental'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.DIRTT EBITDA vs. Return On Equity
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.
DIRTT Environmental |
| = | 0.51 |
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.
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.
DIRTT Environmental |
| = | (391 K) |
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.
DIRTT EBITDA Comparison
DIRTT Environmental is currently under evaluation in ebitda category among its peers.
DIRTT Environmental Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in DIRTT Environmental, profitability is also one of the essential criteria for including it into their portfolios because, without profit, DIRTT Environmental will eventually generate negative long term returns. The profitability progress is the general direction of DIRTT Environmental's change in net profit over the period of time. It can combine multiple indicators of DIRTT Environmental, 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 | -16.1 M | -15.3 M | |
| Operating Income | -16.6 M | -15.7 M | |
| Net Loss | -14.6 M | -15.3 M | |
| Income Before Tax | -14.3 M | -15 M | |
| Total Other Income Expense Net | 2.3 M | 2.4 M | |
| Net Loss | -49.5 M | -47 M | |
| Net Loss | -14.6 M | -15.3 M | |
| Income Tax Expense | 332 K | 315.4 K | |
| Interest Income | 490 K | 465.5 K | |
| Net Interest Income | -4.4 M | -4.2 M | |
| Change To Netincome | 1.9 M | 1.8 M | |
| Net Loss | (0.14) | (0.15) | |
| Income Quality | (1.02) | (0.97) | |
| Net Income Per E B T | 1.02 | 0.80 |
DIRTT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on DIRTT Environmental. 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 DIRTT Environmental 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 DIRTT Environmental's important profitability drivers and their relationship over time.
Use DIRTT Environmental 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 DIRTT Environmental 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 DIRTT Environmental will appreciate offsetting losses from the drop in the long position's value.DIRTT Environmental Pair Trading
DIRTT Environmental Solutions Pair Trading Analysis
The ability to find closely correlated positions to DIRTT Environmental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DIRTT Environmental 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 DIRTT Environmental - 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 DIRTT Environmental Solutions to buy it.
The correlation of DIRTT Environmental 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 DIRTT Environmental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DIRTT Environmental 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 DIRTT Environmental 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 DIRTT Environmental position
In addition to having DIRTT Environmental 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?
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Other Information on Investing in DIRTT Stock
To fully project DIRTT Environmental's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of DIRTT Environmental 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 DIRTT Environmental's income statement, its balance sheet, and the statement of cash flows.