Guardian Capital Return On Equity vs. Net Income

GCG-A Stock  CAD 42.78  2.03  4.98%   
Taking into consideration Guardian Capital's profitability measurements, Guardian Capital Group 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 Guardian Capital's ability to earn profits and add value for shareholders.
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.45365817
Current Value
0.48
Quarterly Volatility
0.1532402
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Guardian Capital's Days Sales Outstanding is comparatively stable compared to the past year. Operating Cash Flow Sales Ratio is likely to gain to 0.34 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024. At this time, Guardian Capital's Income Before Tax is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 60.7 M in 2024, despite the fact that Net Interest Income is likely to grow to (7.9 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.440.5155
Fairly Down
Slightly volatile
Operating Profit Margin0.220.2351
Notably Down
Slightly volatile
For Guardian Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Guardian Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Guardian Capital Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Guardian Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Guardian Capital Group over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Guardian Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardian Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardian Capital'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.

Guardian Capital Net Income vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Guardian Capital's current stock value. Our valuation model uses many indicators to compare Guardian Capital value to that of its competitors to determine the firm's financial worth.
Guardian Capital Group is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in net income category among its peers making up about  7,622,911,833  of Net Income per Return On Equity. At this time, Guardian Capital's Return On Equity is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Guardian Capital's earnings, one of the primary drivers of an investment's value.

Guardian Net Income 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.

Guardian Capital

Return On Equity

 = 

Net Income

Total Equity

 = 
0.0862
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Guardian Capital

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
657.1 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Guardian Net Income Comparison

Guardian Capital is currently under evaluation in net income category among its peers.

Guardian Capital Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Guardian Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Guardian Capital will eventually generate negative long term returns. The profitability progress is the general direction of Guardian Capital's change in net profit over the period of time. It can combine multiple indicators of Guardian Capital, 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 Income13.4 M12.7 M
Operating Income59.8 M50.6 M
Income Before Tax117.6 M123.5 M
Total Other Income Expense Net57.8 M60.7 M
Net Income657.1 M689.9 M
Income Tax Expense15.5 M16.2 M
Net Interest Income-8.3 M-7.9 M
Net Income From Continuing Ops102.2 M64.9 M
Net Loss-38.8 M-36.8 M
Change To Netincome121.1 M127.2 M
Net Income Per Share 22.05  23.16 
Income Quality 0.12  0.12 
Net Income Per E B T 4.79  5.02 

Guardian Profitability Driver Comparison

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

Use Guardian Capital 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 Guardian Capital 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 Guardian Capital will appreciate offsetting losses from the drop in the long position's value.

Guardian Capital Pair Trading

Guardian Capital Group Pair Trading Analysis

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

In addition to having Guardian Capital 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 Coal Thematic Idea Now

Coal
Coal Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Coal theme has 13 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 Coal Theme or any other thematic opportunities.
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Additional Tools for Guardian Stock Analysis

When running Guardian Capital's price analysis, check to measure Guardian Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Guardian Capital is operating at the current time. Most of Guardian Capital's value examination focuses on studying past and present price action to predict the probability of Guardian Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guardian Capital's price. Additionally, you may evaluate how the addition of Guardian Capital to your portfolios can decrease your overall portfolio volatility.