Lundin Gold Net Income vs. Price To Sales

LUG Stock  CAD 31.38  0.54  1.69%   
Based on the measurements of profitability obtained from Lundin Gold's financial statements, Lundin Gold is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in January. Profitability indicators assess Lundin Gold's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
1997-09-30
Previous Quarter
119.3 M
Current Value
135.7 M
Quarterly Volatility
27.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of the 15th of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.60, while Price To Sales Ratio is likely to drop 3.10. At this time, Lundin Gold's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 15th of December 2024, Change To Netincome is likely to grow to about 284.6 M, though Total Other Income Expense Net is likely to grow to (229.9 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.530.4822
Significantly Up
Pretty Stable
For Lundin Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Lundin Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Lundin Gold utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Lundin Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Lundin Gold over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Lundin Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lundin Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lundin Gold'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.

Lundin Gold Price To Sales vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Lundin Gold's current stock value. Our valuation model uses many indicators to compare Lundin Gold value to that of its competitors to determine the firm's financial worth.
JavaScript chart by amCharts 3.21.15EDVDPMSSLORSSRMLUG 05101520 -100M-50M050M100M150M200M250M
Lundin Gold is rated third overall in net income category among its peers. It also is rated third overall in price to sales category among its peers . The ratio of Net Income to Price To Sales for Lundin Gold is about  24,807,780 . At this time, Lundin Gold'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 Lundin Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lundin Gold'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.

Lundin Price To Sales vs. Net Income

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.

Lundin Gold

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
179.46 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.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Lundin Gold

P/S

 = 

MV Per Share

Revenue Per Share

 = 
7.23 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Lundin Price To Sales Comparison

7.2320.4113.704.14
Lundin Gold is currently under evaluation in price to sales category among its peers.

Lundin Gold Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Lundin Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Lundin Gold will eventually generate negative long term returns. The profitability progress is the general direction of Lundin Gold's change in net profit over the period of time. It can combine multiple indicators of Lundin Gold, 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 IncomeM2.1 M
Operating Income527 M553.4 M
Net Income179.5 M188.4 M
Income Tax Expense105.6 M110.9 M
Income Before Tax285 M299.3 M
Total Other Income Expense Net-242 M-229.9 M
Net Income From Continuing Ops179.5 M188.4 M
Net Income Applicable To Common Shares84.6 M88.8 M
Interest Income13 M12.3 M
Net Interest Income-72.3 M-75.9 M
Change To Netincome271.1 M284.6 M
Net Income Per Share 0.75  0.79 
Income Quality 2.89  3.04 
Net Income Per E B T 0.63  1.19 

Lundin Profitability Driver Comparison

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

Use Lundin Gold 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 Lundin Gold 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 Lundin Gold will appreciate offsetting losses from the drop in the long position's value.

Lundin Gold Pair Trading

Lundin Gold Pair Trading Analysis

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

In addition to having Lundin Gold 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.

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Music and Video
Music and Video Theme
Companies specializing in music, video and movie production and distribution. The Music and Video theme has 36 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 Music and Video Theme or any other thematic opportunities.
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Other Information on Investing in Lundin Stock

To fully project Lundin Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Lundin Gold 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 Lundin Gold's income statement, its balance sheet, and the statement of cash flows.
Potential Lundin Gold investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Lundin Gold investors may work on each financial statement separately, they are all related. The changes in Lundin Gold's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lundin Gold's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.