G6 Materials Operating Margin vs. Revenue
| GGG Stock | CAD 0.04 0.00 0.00% |
G6 Materials Operating Profit Margin |
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For G6 Materials profitability analysis, we use financial ratios and fundamental drivers that measure the ability of G6 Materials to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well G6 Materials Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between G6 Materials's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of G6 Materials Corp over time as well as its relative position and ranking within its peers.
GGG |
G6 Materials Corp Revenue vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining G6 Materials's current stock value. Our valuation model uses many indicators to compare G6 Materials value to that of its competitors to determine the firm's financial worth. G6 Materials Corp is one of the top stocks in operating margin category among its peers. It also is rated as one of the top companies in revenue category among its peers . At this time, G6 Materials' Operating Profit Margin is fairly 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 G6 Materials' earnings, one of the primary drivers of an investment's value.GGG Revenue vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
G6 Materials |
| = | (0.64) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
G6 Materials |
| = | 1.55 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
GGG Revenue vs Competition
G6 Materials Corp is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Materials industry is currently estimated at about 2.91 Million. G6 Materials totals roughly 1.55 Million in revenue claiming about 53% of all equities under Materials industry.
G6 Materials Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in G6 Materials, profitability is also one of the essential criteria for including it into their portfolios because, without profit, G6 Materials will eventually generate negative long term returns. The profitability progress is the general direction of G6 Materials' change in net profit over the period of time. It can combine multiple indicators of G6 Materials, 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 | -147.9 K | -140.5 K | |
| Operating Income | -2.5 M | -2.3 M | |
| Income Before Tax | -2.5 M | -2.6 M | |
| Net Loss | -2.5 M | -2.6 M | |
| Total Other Income Expense Net | 178.20 | 187.11 | |
| Income Tax Expense | (227.70) | (216.31) | |
| Net Loss | -2.5 M | -2.6 M | |
| Net Loss | -2.5 M | -2.6 M | |
| Net Interest Income | -6 K | -5.7 K | |
| Change To Netincome | 308.7 K | 293.3 K | |
| Net Loss | (1.38) | (1.31) | |
| Income Quality | 0.24 | 0.23 | |
| Net Income Per E B T | 1.12 | 1.07 |
GGG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on G6 Materials. 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 G6 Materials 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 G6 Materials' important profitability drivers and their relationship over time.
Use G6 Materials 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 G6 Materials 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 G6 Materials will appreciate offsetting losses from the drop in the long position's value.G6 Materials Pair Trading
G6 Materials Corp Pair Trading Analysis
The ability to find closely correlated positions to G6 Materials could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace G6 Materials 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 G6 Materials - 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 G6 Materials Corp to buy it.
The correlation of G6 Materials 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 G6 Materials moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if G6 Materials Corp 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 G6 Materials 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 G6 Materials position
In addition to having G6 Materials 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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Additional Tools for GGG Stock Analysis
When running G6 Materials' price analysis, check to measure G6 Materials' 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 G6 Materials is operating at the current time. Most of G6 Materials' value examination focuses on studying past and present price action to predict the probability of G6 Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move G6 Materials' price. Additionally, you may evaluate how the addition of G6 Materials to your portfolios can decrease your overall portfolio volatility.