Avino Silver Gold Stock Fundamentals
ASM Stock | USD 0.58 0.02 3.33% |
Avino Silver Gold fundamentals help investors to digest information that contributes to Avino Silver's financial success or failures. It also enables traders to predict the movement of Avino Stock. The fundamental analysis module provides a way to measure Avino Silver'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 Avino Silver stock.
At this time, Avino Silver's EBIT is very stable compared to the past year. As of the 19th of March 2024, EBITDA is likely to grow to about 12 M, while Discontinued Operations is likely to drop (159.7 K). Avino | Select Account or Indicator |
Avino Return On Equity Analysis
Avino Silver's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
More About Return On Equity | All Equity Analysis
Avino Silver Return On Equity |
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Return On Equity | = | Net IncomeTotal Equity |
Current Avino Silver Return On Equity | 0.0128 |
Most of Avino Silver's fundamental indicators, such as Return On Equity, 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, Avino Silver Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Avino Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Avino Silver Gold has a Return On Equity of 0.0128. This is 98.59% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The return on equity for all United States stocks is 104.13% lower than that of the firm.
Avino Silver Gold Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Avino Silver's current stock value. Our valuation model uses many indicators to compare Avino Silver value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avino Silver competition to find correlations between indicators driving Avino Silver's intrinsic value. More Info.Avino Silver Gold is rated below average in debt to equity category among related companies. It is rated fifth in earnings per share category among related companies creating about 0.15 of Earnings Per Share per Debt To Equity. The ratio of Debt To Equity to Earnings Per Share for Avino Silver Gold is roughly 6.70 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Avino Silver by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Avino Silver'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. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avino Silver's earnings, one of the primary drivers of an investment's value.Avino Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avino Silver's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Avino Silver could also be used in its relative valuation, which is a method of valuing Avino Silver by comparing valuation metrics of similar companies.Avino Silver is currently under evaluation in beta category among related companies.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Avino Silver will likely underperform.
Avino Fundamentals
Return On Equity | 0.0128 | ||||
Return On Asset | 0.0104 | ||||
Profit Margin | 0.03 % | ||||
Operating Margin | 0.04 % | ||||
Current Valuation | 76.02 M | ||||
Shares Outstanding | 125.81 M | ||||
Shares Owned By Insiders | 0.88 % | ||||
Shares Owned By Institutions | 7.72 % | ||||
Number Of Shares Shorted | 269.04 K | ||||
Price To Earning | 179.97 X | ||||
Price To Book | 0.73 X | ||||
Price To Sales | 1.63 X | ||||
Revenue | 46.01 M | ||||
Gross Profit | 15.31 M | ||||
EBITDA | 4.84 M | ||||
Net Income | 1.27 M | ||||
Cash And Equivalents | 12.79 M | ||||
Cash Per Share | 0.11 X | ||||
Total Debt | 6.67 M | ||||
Debt To Equity | 0.07 % | ||||
Current Ratio | 2.27 X | ||||
Book Value Per Share | 0.82 X | ||||
Cash Flow From Operations | 4.19 M | ||||
Short Ratio | 0.69 X | ||||
Earnings Per Share | 0.01 X | ||||
Target Price | 1.65 | ||||
Beta | 1.87 | ||||
Market Capitalization | 75.11 M | ||||
Total Asset | 121.2 M | ||||
Retained Earnings | (52.03 M) | ||||
Working Capital | 8.82 M | ||||
Current Asset | 20.05 M | ||||
Current Liabilities | 14.04 M | ||||
Z Score | 6.75 | ||||
Net Asset | 121.2 M |
About Avino Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Avino Silver Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avino Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avino Silver Gold 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 Reported | Projected for 2024 | ||
Current Deferred Revenue | 232.3 K | 243.9 K | |
Total Revenue | 46 M | 48.3 M | |
Cost Of Revenue | 36.4 M | 38.2 M | |
Ebit Per Revenue | 0.16 | 0.17 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Avino Silver in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Avino Silver's short interest history, or implied volatility extrapolated from Avino Silver options trading.
Pair Trading with Avino Silver
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 Avino Silver 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 Avino Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Avino Stock
0.82 | EXK | Endeavour Silver Corp Financial Report 8th of May 2024 | PairCorr |
Moving against Avino Stock
0.42 | AUMN | Golden Minerals Earnings Call Tomorrow | PairCorr |
0.41 | X | United States Steel Financial Report 25th of April 2024 | PairCorr |
The ability to find closely correlated positions to Avino Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avino Silver 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 Avino Silver - 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 Avino Silver Gold to buy it.
The correlation of Avino Silver is a statistical measure of how it moves in relation to other equities. 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 Avino Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avino Silver Gold 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 Avino Silver 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 Avino Silver Piotroski F Score and Avino Silver Altman Z Score analysis. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Avino Stock analysis
When running Avino Silver's price analysis, check to measure Avino Silver'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 Avino Silver is operating at the current time. Most of Avino Silver's value examination focuses on studying past and present price action to predict the probability of Avino Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avino Silver's price. Additionally, you may evaluate how the addition of Avino Silver to your portfolios can decrease your overall portfolio volatility.
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Is Avino Silver'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 Avino Silver. If investors know Avino 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 Avino Silver 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 (0.51) | Earnings Share 0.01 | Revenue Per Share 0.384 | Quarterly Revenue Growth 0.351 | Return On Assets 0.0104 |
The market value of Avino Silver Gold is measured differently than its book value, which is the value of Avino that is recorded on the company's balance sheet. Investors also form their own opinion of Avino Silver's value that differs from its market value or its book value, called intrinsic value, which is Avino Silver'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 Avino Silver's market value can be influenced by many factors that don't directly affect Avino Silver'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 Avino Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avino Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avino Silver'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.