Sovereign Metals EBITDA vs. Return On Equity
| SVML Stock | 40.50 0.30 0.74% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -14.1 M | Current Value -13.4 M | Quarterly Volatility 5.2 M |
For Sovereign Metals profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sovereign Metals to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sovereign Metals utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sovereign Metals's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sovereign Metals over time as well as its relative position and ranking within its peers.
Sovereign |
Sovereign Metals Return On Equity vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sovereign Metals's current stock value. Our valuation model uses many indicators to compare Sovereign Metals value to that of its competitors to determine the firm's financial worth. Sovereign Metals is rated below average in ebitda category among its peers. It is rated below average in return on equity category among its peers . At this time, Sovereign Metals' EBITDA is comparatively stable compared to the past year. 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 Sovereign Metals' earnings, one of the primary drivers of an investment's value.Sovereign Return On Equity vs. EBITDA
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.
Sovereign Metals |
| = | (20.41 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.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Sovereign Metals |
| = | -0.84 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Sovereign Return On Equity Comparison
Sovereign Metals is currently under evaluation in return on equity category among its peers.
Sovereign Metals Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sovereign Metals, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sovereign Metals will eventually generate negative long term returns. The profitability progress is the general direction of Sovereign Metals' change in net profit over the period of time. It can combine multiple indicators of Sovereign Metals, 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 | -3.4 M | -3.2 M | |
| Operating Income | -20.7 M | -19.7 M | |
| Income Before Tax | -18.6 M | -17.7 M | |
| Total Other Income Expense Net | 141.6 K | 134.5 K | |
| Net Loss | -18.6 M | -17.7 M | |
| Income Tax Expense | -326.4 K | -310.1 K | |
| Interest Income | 1.8 M | 1.9 M | |
| Net Loss | -5.2 M | -5.5 M | |
| Net Interest Income | 1.8 M | 1.9 M | |
| Net Loss | -18.6 M | -17.7 M | |
| Change To Netincome | -7 M | -6.6 M |
Sovereign Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sovereign Metals. 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 Sovereign Metals 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 Sovereign Metals' important profitability drivers and their relationship over time.
Use Sovereign Metals 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 Sovereign Metals 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 Sovereign Metals will appreciate offsetting losses from the drop in the long position's value.Sovereign Metals Pair Trading
Sovereign Metals Pair Trading Analysis
The ability to find closely correlated positions to Sovereign Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sovereign Metals 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 Sovereign Metals - 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 Sovereign Metals to buy it.
The correlation of Sovereign Metals 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 Sovereign Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sovereign Metals 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 Sovereign Metals 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 Sovereign Metals position
In addition to having Sovereign Metals 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 Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 46 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 Large Value Funds Theme or any other thematic opportunities.
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Additional Tools for Sovereign Stock Analysis
When running Sovereign Metals' price analysis, check to measure Sovereign Metals' 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 Sovereign Metals is operating at the current time. Most of Sovereign Metals' value examination focuses on studying past and present price action to predict the probability of Sovereign Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sovereign Metals' price. Additionally, you may evaluate how the addition of Sovereign Metals to your portfolios can decrease your overall portfolio volatility.