Roscan Gold Price To Earning vs. EBITDA
| ROS Stock | CAD 0.07 0.01 7.14% |
For Roscan Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Roscan Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Roscan Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Roscan Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Roscan Gold Corp over time as well as its relative position and ranking within its peers.
Roscan |
Roscan Gold Corp EBITDA vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Roscan Gold's current stock value. Our valuation model uses many indicators to compare Roscan Gold value to that of its competitors to determine the firm's financial worth. Roscan Gold Corp is rated second in price to earning category among its peers. It is rated fourth in ebitda category among its peers . Roscan Gold reported EBITDA of (8.69 Million) in 2023. 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 Roscan Gold's earnings, one of the primary drivers of an investment's value.Roscan EBITDA vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Roscan Gold |
| = | (26.67) X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Roscan Gold |
| = | (9.66 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Roscan EBITDA Comparison
Roscan Gold is currently under evaluation in ebitda category among its peers.
Roscan Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Roscan Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Roscan Gold will eventually generate negative long term returns. The profitability progress is the general direction of Roscan Gold's change in net profit over the period of time. It can combine multiple indicators of Roscan 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 824.6 K | 1.2 M | |
| Operating Income | -8.7 M | -8.3 M | |
| Income Before Tax | -4.4 M | -4.6 M | |
| Total Other Income Expense Net | 4.3 M | 4.5 M | |
| Net Loss | -4.4 M | -4.6 M | |
| Income Tax Expense | -151.1 K | -143.6 K | |
| Net Loss | -4.4 M | -4.6 M | |
| Net Loss | -15.1 M | -14.3 M | |
| Change To Netincome | 3.5 M | 3.7 M | |
| Net Loss | (0.01) | (0.02) | |
| Income Quality | 0.65 | 0.77 | |
| Net Income Per E B T | 0.90 | 0.73 |
Roscan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Roscan 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 Roscan 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 Roscan Gold's important profitability drivers and their relationship over time.
Use Roscan 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 Roscan 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 Roscan Gold will appreciate offsetting losses from the drop in the long position's value.Roscan Gold Pair Trading
Roscan Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Roscan 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 Roscan 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 Roscan 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 Roscan Gold Corp to buy it.
The correlation of Roscan 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 Roscan Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Roscan Gold 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 Roscan 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.Use Investing Themes to Complement your Roscan Gold position
In addition to having Roscan 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.Did You Try This Idea?
Run Adviser Favorites Thematic Idea Now
Adviser Favorites
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 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 Adviser Favorites Theme or any other thematic opportunities.
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Additional Tools for Roscan Stock Analysis
When running Roscan Gold's price analysis, check to measure Roscan Gold's 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 Roscan Gold is operating at the current time. Most of Roscan Gold's value examination focuses on studying past and present price action to predict the probability of Roscan Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roscan Gold's price. Additionally, you may evaluate how the addition of Roscan Gold to your portfolios can decrease your overall portfolio volatility.