Equitable Group Stock Revenue
| EQB Stock | CAD 88.41 1.91 2.21% |
Equitable Group fundamentals help investors to digest information that contributes to Equitable's financial success or failures. It also enables traders to predict the movement of Equitable Stock. The fundamental analysis module provides a way to measure Equitable'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 Equitable stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 899.5 M | 944.5 M |
Equitable | Revenue |
Equitable Group Company Revenue Analysis
Equitable's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Equitable Revenue | 782.19 M |
Most of Equitable's fundamental indicators, such as Revenue, 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, Equitable Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Equitable
Projected quarterly revenue analysis of Equitable Group provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Equitable match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Equitable's stock price.
Equitable Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Equitable is extremely important. It helps to project a fair market value of Equitable Stock properly, considering its historical fundamentals such as Revenue. Since Equitable'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 Equitable'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 Equitable's interrelated accounts and indicators.
Click cells to compare fundamentals
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Equitable Total Revenue
Total Revenue |
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Based on the latest financial disclosure, Equitable Group reported 782.19 M of revenue. This is 93.02% lower than that of the Banks sector and significantly higher than that of the Financials industry. The revenue for all Canada stocks is 91.71% higher than that of the company.
Equitable Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Equitable's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Equitable could also be used in its relative valuation, which is a method of valuing Equitable by comparing valuation metrics of similar companies.Equitable is currently under evaluation in revenue category among related companies.
Equitable Fundamentals
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0076 | ||||
| Profit Margin | 0.40 % | ||||
| Operating Margin | 0.51 % | ||||
| Current Valuation | 19.12 B | ||||
| Shares Outstanding | 38.21 M | ||||
| Shares Owned By Insiders | 29.00 % | ||||
| Shares Owned By Institutions | 23.63 % | ||||
| Number Of Shares Shorted | 412.98 K | ||||
| Price To Earning | 7.77 X | ||||
| Price To Book | 1.20 X | ||||
| Price To Sales | 2.91 X | ||||
| Revenue | 782.19 M | ||||
| Gross Profit | 744.93 M | ||||
| EBITDA | 1.3 B | ||||
| Net Income | 445.91 M | ||||
| Cash And Equivalents | 1.78 B | ||||
| Cash Per Share | 105.97 X | ||||
| Total Debt | 19.54 B | ||||
| Debt To Equity | 0.38 % | ||||
| Book Value Per Share | 71.34 X | ||||
| Cash Flow From Operations | 29.89 M | ||||
| Short Ratio | 7.51 X | ||||
| Earnings Per Share | 9.31 X | ||||
| Price To Earnings To Growth | 0.27 X | ||||
| Target Price | 103.7 | ||||
| Number Of Employees | 1.8 K | ||||
| Beta | 1.63 | ||||
| Market Capitalization | 3.31 B | ||||
| Total Asset | 51.14 B | ||||
| Retained Earnings | 1.87 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.56 % | ||||
| Net Asset | 51.14 B | ||||
| Last Dividend Paid | 1.32 |
About Equitable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Equitable Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Equitable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Equitable Group 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 Equitable
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 Equitable 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 Equitable will appreciate offsetting losses from the drop in the long position's value.Moving against Equitable Stock
| 0.68 | WMT | Walmart Inc CDR | PairCorr |
| 0.58 | JPM | JPMorgan Chase | PairCorr |
| 0.5 | IBM | International Business | PairCorr |
| 0.49 | AMZN | Amazon CDR | PairCorr |
| 0.42 | FURY | Fury Gold Mines | PairCorr |
The ability to find closely correlated positions to Equitable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equitable 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 Equitable - 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 Equitable Group to buy it.
The correlation of Equitable 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 Equitable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equitable Group 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 Equitable 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, which includes a position in Equitable Group. 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. Note that the Equitable Group information on this page should be used as a complementary analysis to other Equitable'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Equitable Stock analysis
When running Equitable's price analysis, check to measure Equitable's 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 Equitable is operating at the current time. Most of Equitable's value examination focuses on studying past and present price action to predict the probability of Equitable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equitable's price. Additionally, you may evaluate how the addition of Equitable to your portfolios can decrease your overall portfolio volatility.
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