K92 Mining Current Valuation vs. Net Income
| KNT Stock | CAD 9.34 0.19 1.99% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.53 | 0.4438 |
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| Net Profit Margin | 0.16 | 0.1656 |
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| Operating Profit Margin | 0.26 | 0.2716 |
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| Pretax Profit Margin | 0.24 | 0.2561 |
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For K92 Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of K92 Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well K92 Mining utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between K92 Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of K92 Mining over time as well as its relative position and ranking within its peers.
K92 |
K92 Mining Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining K92 Mining's current stock value. Our valuation model uses many indicators to compare K92 Mining value to that of its competitors to determine the firm's financial worth. K92 Mining is considered the number one company in current valuation category among its peers. It also is currently regarded as number one stock in net income category among its peers making up about 0.02 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for K92 Mining is roughly 64.44 . At this time, K92 Mining's Net Income is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value K92 Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for K92 Mining'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.K92 Current Valuation vs. Competition
K92 Mining is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is now estimated at about 2.76 Billion. K92 Mining totals roughly 2.14 Billion in current valuation claiming about 77% of all equities under Materials industry.
K92 Net Income 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.
K92 Mining |
| = | 2.14 B |
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.
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.
K92 Mining |
| = | 33.16 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.
K92 Net Income Comparison
K92 Mining is currently under evaluation in net income category among its peers.
K92 Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in K92 Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, K92 Mining will eventually generate negative long term returns. The profitability progress is the general direction of K92 Mining's change in net profit over the period of time. It can combine multiple indicators of K92 Mining, 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 | -231.3 K | -242.9 K | |
| Operating Income | 54.4 M | 57.1 M | |
| Income Before Tax | 51.3 M | 53.9 M | |
| Total Other Income Expense Net | -4.5 M | -4.3 M | |
| Net Income | 33.2 M | 34.8 M | |
| Income Tax Expense | 18.1 M | 19 M | |
| Interest Income | 2.9 M | 3.1 M | |
| Net Income Applicable To Common Shares | 40.9 M | 25.2 M | |
| Net Interest Income | -390 K | -409.5 K | |
| Net Income From Continuing Ops | 33.2 M | 31 M | |
| Change To Netincome | 19.2 M | 20.1 M | |
| Net Income Per Share | 0.14 | 0.15 | |
| Income Quality | 2.24 | 2.36 | |
| Net Income Per E B T | 0.65 | 1.22 |
K92 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on K92 Mining. 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 K92 Mining 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 K92 Mining's important profitability drivers and their relationship over time.
Use K92 Mining 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 K92 Mining 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 K92 Mining will appreciate offsetting losses from the drop in the long position's value.K92 Mining Pair Trading
K92 Mining Pair Trading Analysis
The ability to find closely correlated positions to K92 Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K92 Mining 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 K92 Mining - 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 K92 Mining to buy it.
The correlation of K92 Mining 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 K92 Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K92 Mining 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 K92 Mining 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 K92 Mining position
In addition to having K92 Mining 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 K92 Stock
To fully project K92 Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of K92 Mining 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 K92 Mining's income statement, its balance sheet, and the statement of cash flows.