Canadian Imperial Bank Stock Gross Profit

CM Stock  USD 50.07  0.43  0.87%   
Canadian Imperial Bank fundamentals help investors to digest information that contributes to Canadian Imperial's financial success or failures. It also enables traders to predict the movement of Canadian Stock. The fundamental analysis module provides a way to measure Canadian Imperial's 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 Canadian Imperial stock.
As of the 28th of March 2024, Gross Profit is likely to grow to about 28.1 B. Also, Gross Profit Margin is likely to grow to 0.93.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Canadian Gross Profit Analysis

Canadian Imperial's 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.

Canadian Imperial Gross Profit

28.12 Billion

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Canadian Imperial Gross Profit

    
  21.31 B  
Most of Canadian Imperial's fundamental indicators, such as Gross Profit, 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, Canadian Imperial Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Canadian Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for Canadian Imperial is extremely important. It helps to project a fair market value of Canadian Stock properly, considering its historical fundamentals such as Gross Profit. Since Canadian Imperial's 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 Canadian Imperial's 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 Canadian Imperial's interrelated accounts and indicators.
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Canadian Gross Profit Historical Pattern

Today, most investors in Canadian Imperial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Canadian Imperial's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Canadian Imperial gross profit as a starting point in their analysis.
   Canadian Imperial Gross Profit   
       Timeline  
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.
Competition

According to the company disclosure, Canadian Imperial Bank reported 21.31 B of gross profit. This is 92.74% lower than that of the Banks sector and significantly higher than that of the Financials industry. The gross profit for all United States stocks is 22.15% higher than that of the company.

Canadian Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Canadian Imperial's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Canadian Imperial could also be used in its relative valuation, which is a method of valuing Canadian Imperial by comparing valuation metrics of similar companies.
Canadian Imperial is currently under evaluation in gross profit category among related companies.

Canadian Imperial ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Canadian Imperial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Canadian Imperial's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Canadian Fundamentals

About Canadian Imperial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Canadian Imperial Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Canadian Imperial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Canadian Imperial Bank 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.
Last ReportedProjected for 2024
Gross Profit26.8 B28.1 B
Gross Profit Margin 0.89  0.93 

Pair Trading with Canadian Imperial

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 Canadian Imperial 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 Canadian Imperial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Canadian Stock

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The ability to find closely correlated positions to Canadian Imperial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Canadian Imperial 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 Canadian Imperial - 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 Canadian Imperial Bank to buy it.
The correlation of Canadian Imperial 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 Canadian Imperial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Canadian Imperial Bank 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 Canadian Imperial 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
When determining whether Canadian Imperial Bank is a strong investment it is important to analyze Canadian Imperial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Canadian Imperial's future performance. For an informed investment choice regarding Canadian Stock, refer to the following important reports:
Check out Canadian Imperial Piotroski F Score and Canadian Imperial Altman Z Score analysis.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Is Canadian Imperial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Canadian Imperial. If investors know Canadian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Canadian Imperial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.559
Dividend Share
3.49
Earnings Share
4.8
Revenue Per Share
23.121
Return On Assets
0.0067
The market value of Canadian Imperial Bank is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Imperial's value that differs from its market value or its book value, called intrinsic value, which is Canadian Imperial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Canadian Imperial's market value can be influenced by many factors that don't directly affect Canadian Imperial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Canadian Imperial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Imperial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Imperial'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.