Altius Minerals Stock Profit Margin
| ALS Stock | CAD 22.29 0.48 2.20% |
Altius Minerals fundamentals help investors to digest information that contributes to Altius Minerals' financial success or failures. It also enables traders to predict the movement of Altius Stock. The fundamental analysis module provides a way to measure Altius Minerals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altius Minerals stock.
| Last Reported | Projected for Next Year | ||
| Net Profit Margin | 0.19 | 0.18 |
Altius | Profit Margin |
Altius Minerals Company Profit Margin Analysis
Altius Minerals' Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Altius Minerals Profit Margin | 0.14 % |
Most of Altius Minerals' fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Altius Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Altius Profit Margin Driver Correlations
Understanding the fundamental principles of building solid financial models for Altius Minerals is extremely important. It helps to project a fair market value of Altius Stock properly, considering its historical fundamentals such as Profit Margin. Since Altius Minerals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Altius Minerals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Altius Minerals' interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Altius Pretax Profit Margin
Pretax Profit Margin |
|
Based on the latest financial disclosure, Altius Minerals has a Profit Margin of 0.1383%. This is 102.32% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The profit margin for all Canada stocks is 110.89% lower than that of the firm.
Altius Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altius Minerals' direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Altius Minerals could also be used in its relative valuation, which is a method of valuing Altius Minerals by comparing valuation metrics of similar companies.Altius Minerals is currently under evaluation in profit margin category among related companies.
Altius Minerals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Altius Minerals from analyzing Altius Minerals' financial statements. These drivers represent accounts that assess Altius Minerals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Altius Minerals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 511.4M | 570.0M | 721.6M | 1.0B | 875.6M | 919.4M | |
| Enterprise Value | 597.1M | 681.2M | 736.8M | 1.1B | 857.4M | 900.2M |
Altius Fundamentals
| Return On Equity | 0.0166 | |||
| Return On Asset | 0.0246 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.45 % | |||
| Current Valuation | 1.13 B | |||
| Shares Outstanding | 46.45 M | |||
| Shares Owned By Insiders | 18.94 % | |||
| Shares Owned By Institutions | 26.01 % | |||
| Number Of Shares Shorted | 958.01 K | |||
| Price To Earning | 24.03 X | |||
| Price To Book | 2.01 X | |||
| Price To Sales | 14.23 X | |||
| Revenue | 68.71 M | |||
| Gross Profit | 96.17 M | |||
| EBITDA | 47.13 M | |||
| Net Income | 9.54 M | |||
| Cash And Equivalents | 82.39 M | |||
| Cash Per Share | 2.25 X | |||
| Total Debt | 120.87 M | |||
| Debt To Equity | 0.22 % | |||
| Current Ratio | 8.46 X | |||
| Book Value Per Share | 10.38 X | |||
| Cash Flow From Operations | 36.51 M | |||
| Short Ratio | 10.29 X | |||
| Earnings Per Share | 0.20 X | |||
| Target Price | 24.5 | |||
| Number Of Employees | 19 | |||
| Beta | 0.95 | |||
| Market Capitalization | 1.04 B | |||
| Total Asset | 773.54 M | |||
| Retained Earnings | 13.32 M | |||
| Working Capital | 131.84 M | |||
| Current Asset | 26.67 M | |||
| Current Liabilities | 9.98 M | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 1.42 % | |||
| Net Asset | 773.54 M | |||
| Last Dividend Paid | 0.32 |
About Altius Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altius Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altius Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altius Minerals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Altius Minerals
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 Altius Minerals 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 Altius Minerals will appreciate offsetting losses from the drop in the long position's value.Moving together with Altius Stock
| 0.87 | IE | Ivanhoe Energy | PairCorr |
| 0.82 | FDY | Faraday Copper Corp | PairCorr |
| 0.74 | AMZN | Amazon CDR | PairCorr |
Moving against Altius Stock
| 0.69 | TSLA | Tesla Inc CDR | PairCorr |
| 0.67 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to Altius Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altius Minerals 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 Altius Minerals - 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 Altius Minerals to buy it.
The correlation of Altius Minerals 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 Altius Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altius Minerals 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 Altius Minerals 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altius Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Altius Stock analysis
When running Altius Minerals' price analysis, check to measure Altius Minerals' 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 Altius Minerals is operating at the current time. Most of Altius Minerals' value examination focuses on studying past and present price action to predict the probability of Altius Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altius Minerals' price. Additionally, you may evaluate how the addition of Altius Minerals to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stocks Directory Find actively traded stocks across global markets | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |