Total Energy Gross Profit vs. Price To Book

TOT Stock  CAD 12.10  0.17  1.42%   
Based on the key profitability measurements obtained from Total Energy's financial statements, Total Energy Services is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in January. Profitability indicators assess Total Energy's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
1998-03-31
Previous Quarter
26.6 M
Current Value
40.3 M
Quarterly Volatility
12.8 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
At this time, Total Energy's Days Sales Outstanding is very stable compared to the past year. As of the 9th of December 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Price To Sales Ratio is likely to drop 0.33. At this time, Total Energy's Change To Netincome is very stable compared to the past year. As of the 9th of December 2024, Income Quality is likely to grow to 3.68, while Accumulated Other Comprehensive Income is likely to drop (26.8 M).
For Total Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Total Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Total Energy Services utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Total Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Total Energy Services 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 Total Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Total Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Total Energy'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.

Total Energy Services Price To Book vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Total Energy's current stock value. Our valuation model uses many indicators to compare Total Energy value to that of its competitors to determine the firm's financial worth.
Total Energy Services is rated fourth in gross profit category among its peers. It is rated fifth in price to book category among its peers . The ratio of Gross Profit to Price To Book for Total Energy Services is about  205,467,730 . At this time, Total Energy's Gross Profit is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Total Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Total Energy'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.

Total Price To Book vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Total Energy

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
170 M
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Total Energy

P/B

 = 

MV Per Share

BV Per Share

 = 
0.83 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Total Price To Book Comparison

Total Energy is currently under evaluation in price to book category among its peers.

Total Energy Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Total Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Total Energy will eventually generate negative long term returns. The profitability progress is the general direction of Total Energy's change in net profit over the period of time. It can combine multiple indicators of Total Energy, 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 Income-25.5 M-26.8 M
Operating Income84.6 M88.9 M
Income Before Tax70.7 M74.3 M
Total Other Income Expense Net-13.9 M-13.2 M
Net Income41.6 M22.1 M
Income Tax Expense29.1 M30.6 M
Net Income From Continuing Ops41.6 M43.7 M
Net Income Applicable To Common Shares34.2 M35.9 M
Interest Income8.3 M9.8 M
Net Interest Income-17.4 M-16.6 M
Change To Netincome16.1 M16.9 M
Net Income Per Share 1.03  0.72 
Income Quality 3.51  3.68 
Net Income Per E B T 0.59  0.84 

Total Profitability Driver Comparison

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

Use Total Energy 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 Total Energy 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 Total Energy will appreciate offsetting losses from the drop in the long position's value.

Total Energy Pair Trading

Total Energy Services Pair Trading Analysis

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

In addition to having Total Energy 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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Steel Works Etc Theme
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Other Information on Investing in Total Stock

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