Olympia Financial Return On Asset vs. Shares Outstanding

OLY Stock  CAD 100.76  0.01  0.01%   
Taking into consideration Olympia Financial's profitability measurements, Olympia Financial's profitability may be sliding down. It has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Olympia Financial's ability to earn profits and add value for shareholders. At this time, Olympia Financial's Days Sales Outstanding is very stable compared to the past year. As of the 4th of December 2024, Days Of Sales Outstanding is likely to grow to 98.45, while Price To Sales Ratio is likely to drop 2.20. At this time, Olympia Financial's Net Income Per Share is very stable compared to the past year. As of the 4th of December 2024, Income Quality is likely to grow to 1.30, though Total Other Income Expense Net is likely to grow to (1.7 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.750.9632
Significantly Down
Very volatile
Net Profit Margin0.150.24
Way Down
Pretty Stable
Operating Profit Margin0.350.3345
Sufficiently Up
Slightly volatile
Pretax Profit Margin0.170.3165
Way Down
Slightly volatile
Return On Assets0.530.5068
Sufficiently Up
Very volatile
Return On Equity0.390.6782
Way Down
Very volatile
For Olympia Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Olympia Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Olympia Financial Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Olympia Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Olympia Financial 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 Olympia Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Olympia Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olympia Financial'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.

Olympia Financial Shares Outstanding vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Olympia Financial's current stock value. Our valuation model uses many indicators to compare Olympia Financial value to that of its competitors to determine the firm's financial worth.
Olympia Financial Group is considered to be number one stock in return on asset category among its peers. It is rated below average in shares outstanding category among its peers creating about  6,706,633  of Shares Outstanding per Return On Asset. As of the 4th of December 2024, Common Stock Shares Outstanding is likely to grow to about 3.2 M. Comparative valuation analysis is a catch-all model that can be used if you cannot value Olympia Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Olympia Financial'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.

Olympia Shares Outstanding vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Olympia Financial

Return On Asset

 = 

Net Income

Total Assets

 = 
0.36
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Olympia Financial

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
2.41 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

Olympia Shares Outstanding Comparison

Olympia Financial is currently under evaluation in shares outstanding category among its peers.

Olympia Financial Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Olympia Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Olympia Financial will eventually generate negative long term returns. The profitability progress is the general direction of Olympia Financial's change in net profit over the period of time. It can combine multiple indicators of Olympia Financial, 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 Income35.3 M37.1 M
Operating Income33.4 M35.1 M
Income Before Tax31.6 M33.2 M
Total Other Income Expense Net-1.8 M-1.7 M
Net Income24 M25.2 M
Income Tax Expense7.6 MM
Net Income From Continuing Ops22.8 M24 M
Net Income Applicable To Common Shares12.7 M8.3 M
Net Interest Income886.2 K841.9 K
Interest Income886.2 K841.9 K
Change To Netincome-211.9 K-222.5 K
Net Income Per Share 9.96  10.45 
Income Quality 0.79  1.30 
Net Income Per E B T 0.76  0.74 

Olympia Profitability Driver Comparison

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

Use Olympia Financial 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 Olympia Financial 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 Olympia Financial will appreciate offsetting losses from the drop in the long position's value.

Olympia Financial Pair Trading

Olympia Financial Group Pair Trading Analysis

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

In addition to having Olympia Financial 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 Processed Foods Thematic Idea Now

Processed Foods
Processed Foods Theme
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 42 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 Processed Foods Theme or any other thematic opportunities.
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Other Information on Investing in Olympia Stock

To fully project Olympia Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Olympia Financial 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 Olympia Financial's income statement, its balance sheet, and the statement of cash flows.
Potential Olympia Financial investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Olympia Financial investors may work on each financial statement separately, they are all related. The changes in Olympia Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Olympia Financial'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.