Kits Eyecare Gross Profit vs. Market Capitalization

KITS Stock  CAD 10.45  0.03  0.29%   
Based on the measurements of profitability obtained from Kits Eyecare's financial statements, Kits Eyecare may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in November. Profitability indicators assess Kits Eyecare's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
2019-06-30
Previous Quarter
10.7 M
Current Value
12.2 M
Quarterly Volatility
2.7 M
 
Covid
At this time, Kits Eyecare's Days Sales Outstanding is very stable compared to the past year. As of the 21st of October 2024, Sales General And Administrative To Revenue is likely to grow to 0.14, while Price To Sales Ratio is likely to drop 0.96. As of the 21st of October 2024, Change To Netincome is likely to grow to about 1.9 M, while Accumulated Other Comprehensive Income is likely to drop (1.1 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.240.3385
Way Down
Very volatile
For Kits Eyecare profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Kits Eyecare to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Kits Eyecare utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Kits Eyecare's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Kits Eyecare over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Kits Eyecare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kits Eyecare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kits Eyecare'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.

Kits Eyecare Market Capitalization vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Kits Eyecare's current stock value. Our valuation model uses many indicators to compare Kits Eyecare value to that of its competitors to determine the firm's financial worth.
Kits Eyecare is currently regarded as number one stock in gross profit category among its peers. It also is currently regarded as number one stock in market capitalization category among its peers creating about  11.68  of Market Capitalization per Gross Profit. At this time, Kits Eyecare'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 Kits Eyecare by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kits Eyecare'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.

Kits Market Capitalization 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.

Kits Eyecare

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
29.25 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.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Kits Eyecare

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
341.6 M
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Kits Market Capitalization vs Competition

Kits Eyecare is currently regarded as number one stock in market capitalization category among its peers. Market capitalization of Consumer Discretionary industry is now estimated at about 807.28 Million. Kits Eyecare totals roughly 341.6 Million in market capitalization claiming about 42% of stocks in Consumer Discretionary industry.
Capitalization  Workforce  Valuation  Total debt  Revenue

Kits Eyecare Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Kits Eyecare, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Kits Eyecare will eventually generate negative long term returns. The profitability progress is the general direction of Kits Eyecare's change in net profit over the period of time. It can combine multiple indicators of Kits Eyecare, 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-1.1 M-1.1 M
Interest Income585 K352.2 K
Operating Income-2.4 M-2.3 M
Income Before Tax-2.9 M-3 M
Net Loss-4.1 M-4.3 M
Net Loss-2.2 M-2.3 M
Net Interest Income-975 K-1 M
Net Loss-2.2 M-2.3 M
Total Other Income Expense Net-484 K-508.2 K
Income Tax Expense-676 K-709.8 K
Change To Netincome1.5 M1.9 M
Net Loss(0.07)(0.07)
Income Quality(1.09)(1.03)
Net Income Per E B T 0.77  0.62 

Kits Profitability Driver Comparison

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

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Use Investing Themes to Complement your Kits Eyecare position

In addition to having Kits Eyecare 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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Pharmaceutical Products
Pharmaceutical Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products theme has 61 constituents at this time.
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Other Information on Investing in Kits Stock

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