| PKI Stock | | | CAD 36.15 0.59 1.61% |
Taking into consideration Parkland Fuel's profitability measurements, Parkland Fuel is performing exceptionally good at the moment. It has a great risk to showcase excellent profitability results in January. Profitability indicators assess Parkland Fuel's ability to earn profits and add value for shareholders. As of the 1st of December 2024,
Sales General And Administrative To Revenue is likely to grow to 0.04, while
Price To Sales Ratio is likely to drop 0.22. At this time, Parkland Fuel's
Change To Netincome is very stable compared to the past year. As of the 1st of December 2024,
Net Income Per Share is likely to grow to 2.81, while
Accumulated Other Comprehensive Income is likely to drop (72.5
M).
For Parkland Fuel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Parkland Fuel to generate income relative to revenue, assets, operating costs, and current equity. These
fundamental indicators attest to how well Parkland Fuel utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Parkland Fuel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Parkland Fuel over time as well as its relative position and ranking within its peers.
Check out
Your Equity Center.
Please note, there is a significant difference between Parkland Fuel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parkland Fuel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parkland Fuel'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.
Parkland Fuel Shares Owned By Insiders vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Parkland Fuel's current stock value. Our valuation model uses many indicators to compare Parkland Fuel value to that of its competitors to determine the firm's financial worth.
Parkland Fuel is rated top company in current valuation category among its peers. It also is considered to be number one stock in shares owned by insiders category among its peers . The ratio of Current Valuation to Shares Owned By Insiders for Parkland Fuel is about
593,754,019 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Parkland Fuel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Parkland Fuel'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.
Parkland Current Valuation vs. Competition
Parkland Fuel is rated top company in current valuation category among its peers. After adjusting for long-term liabilities,
total market size of
Consumer Discretionary industry is at this time estimated at about 109.29 Billion. Parkland Fuel retains roughly 12.24 Billion in current valuation claiming about 11% of stocks in Consumer Discretionary industry.
Parkland Shares Owned By Insiders 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.
Parkland Fuel | Enterprise Value | = | Market Cap + Debt | - | Cash |
| = | 12.24 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.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Parkland Fuel | Insiders Shares | = | Executives Shares | + | Employees |
| = | 20.62 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Parkland Shares Owned By Insiders Comparison
Parkland Fuel is currently under evaluation in shares owned by insiders category among its peers.
Parkland Fuel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Parkland Fuel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Parkland Fuel will eventually generate negative long term returns. The profitability progress is the general direction of Parkland Fuel's change in net profit over the period of time. It can combine
multiple indicators of Parkland Fuel, 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.
Parkland Profitability Driver Comparison
Profitability drivers are factors that can directly affect your
investment outlook on Parkland Fuel. 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 Parkland Fuel 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 Parkland Fuel's important profitability drivers and their relationship over time.
Use Parkland Fuel 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 Parkland Fuel 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 Parkland Fuel will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Parkland Fuel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Parkland Fuel 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 Parkland Fuel - 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 Parkland Fuel to buy it.
The correlation of Parkland Fuel 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 Parkland Fuel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Parkland Fuel 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 Parkland Fuel 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 Parkland Fuel position
In addition to having Parkland Fuel 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.
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds 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
Government Funds Theme or any other
thematic opportunities.
Other Information on Investing in Parkland Stock
To fully project Parkland Fuel's
future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the
financial position of Parkland Fuel 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 Parkland Fuel's income statement, its balance sheet, and the statement of cash flows.
Potential Parkland Fuel investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Parkland Fuel investors may work on each financial statement separately, they are all related. The changes in Parkland Fuel's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Parkland Fuel'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.
