| EQB Stock | | | CAD 109.45 0.39 0.36% |
Based on the measurements of profitability obtained from Equitable's financial statements, Equitable Group is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess Equitable's ability to earn profits and add value for shareholders. At this time, Equitable's
Price To Sales Ratio is very stable compared to the past year. As of the 4th of December 2024,
Price Sales Ratio is likely to grow to 4.44, while
Days Sales Outstanding is likely to drop 642.40. At this time, Equitable's
Operating Income is very stable compared to the past year. As of the 4th of December 2024,
Income Before Tax is likely to grow to about 727.5
M, while
Accumulated Other Comprehensive Income is likely to drop (4.9
M).
For Equitable profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Equitable to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Equitable Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Equitable's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Equitable Group 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 Equitable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equitable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equitable'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.
Equitable Group Shares Owned By Insiders vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Equitable's current stock value. Our valuation model uses many indicators to compare Equitable value to that of its competitors to determine the firm's financial worth.
Equitable Group is rated
# 5 in price to book category among its peers. It is one of the top stocks in shares owned by insiders category among its peers making about
20.59 of Shares Owned By Insiders per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Equitable by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Equitable'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.
Equitable Shares Owned By Insiders vs. Price To Book
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.
Equitable | P/B | = | MV Per ShareBV Per Share |
| = | 1.41 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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Equitable | Insiders Shares | = | Executives Shares | + | Employees |
| = | 28.95 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Equitable Shares Owned By Insiders Comparison
Equitable is currently under evaluation in shares owned by insiders category among its peers.
Equitable Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Equitable, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Equitable will eventually generate negative long term returns. The profitability progress is the general direction of Equitable's change in net profit over the period of time. It can combine
multiple indicators of Equitable, 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.
Equitable Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Equitable. 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 Equitable 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 Equitable's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your Equitable position
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Yield ETFs theme has 105 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
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Other Information on Investing in Equitable Stock
To fully project Equitable's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Equitable Group 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 Equitable's income statement, its balance sheet, and the statement of cash flows.
