Davidstea Stock Net Income
| DTEADelisted Stock | USD 0.42 0.00 0.00% |
Davidstea fundamentals help investors to digest information that contributes to Davidstea's financial success or failures. It also enables traders to predict the movement of Davidstea Stock. The fundamental analysis module provides a way to measure Davidstea'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 Davidstea stock.
Davidstea |
Davidstea Company Net Income Analysis
Davidstea's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Davidstea Net Income | 78.13 M |
Most of Davidstea's fundamental indicators, such as Net Income, 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, Davidstea is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Davidstea reported net income of 78.13 M. This is 92.93% lower than that of the Specialty Retail sector and 179.93% lower than that of the Consumer Discretionary industry. The net income for all United States stocks is 86.32% higher than that of the company.
Davidstea Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Davidstea's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Davidstea could also be used in its relative valuation, which is a method of valuing Davidstea by comparing valuation metrics of similar companies.Davidstea is currently under evaluation in net income category among related companies.
Davidstea Fundamentals
| Return On Equity | -0.24 | |||
| Return On Asset | -0.0863 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | (0.10) % | |||
| Current Valuation | 15.92 M | |||
| Shares Outstanding | 26.57 M | |||
| Shares Owned By Insiders | 46.31 % | |||
| Shares Owned By Institutions | 12.47 % | |||
| Number Of Shares Shorted | 29.83 K | |||
| Price To Earning | 0.63 X | |||
| Price To Book | 0.71 X | |||
| Price To Sales | 0.22 X | |||
| Revenue | 104.07 M | |||
| Gross Profit | 43.2 M | |||
| EBITDA | 4.72 M | |||
| Net Income | 78.13 M | |||
| Cash And Equivalents | 19.05 M | |||
| Cash Per Share | 0.72 X | |||
| Total Debt | 12.55 M | |||
| Debt To Equity | 0.27 % | |||
| Current Ratio | 2.90 X | |||
| Book Value Per Share | 1.42 X | |||
| Cash Flow From Operations | (4.24 M) | |||
| Short Ratio | 0.73 X | |||
| Earnings Per Share | (0.36) X | |||
| Price To Earnings To Growth | (0.94) X | |||
| Target Price | 3.48 | |||
| Number Of Employees | 37 | |||
| Beta | 2.67 | |||
| Market Capitalization | 13.82 M | |||
| Total Asset | 78.6 M | |||
| Retained Earnings | (70.67 M) | |||
| Working Capital | 43.41 M | |||
| Current Asset | 101.52 M | |||
| Current Liabilities | 18.77 M | |||
| Z Score | 1.59 | |||
| Net Asset | 78.6 M |
About Davidstea Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Davidstea's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Davidstea using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Davidstea 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 Davidstea
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 Davidstea 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 Davidstea will appreciate offsetting losses from the drop in the long position's value.Moving against Davidstea Stock
| 0.73 | CVX | Chevron Corp Earnings Call This Week | PairCorr |
| 0.73 | CAT | Caterpillar Earnings Call This Week | PairCorr |
| 0.73 | TRV | The Travelers Companies Financial Report 18th of July 2024 | PairCorr |
| 0.69 | XOM | Exxon Mobil Corp Earnings Call This Week | PairCorr |
| 0.68 | JPM | JPMorgan Chase Financial Report 12th of July 2024 | PairCorr |
The ability to find closely correlated positions to Davidstea could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Davidstea 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 Davidstea - 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 Davidstea to buy it.
The correlation of Davidstea 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 Davidstea moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Davidstea 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 Davidstea 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Davidstea information on this page should be used as a complementary analysis to other Davidstea's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Davidstea Stock
If you are still planning to invest in Davidstea check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Davidstea's history and understand the potential risks before investing.
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