Goodfood Market Stock

Goodfood Market P/E 2024

Goodfood Market P/E

-5.23

Ticker

FOOD.TO

ISIN

CA38217M1005

WKN

A2H9NH

As of Sep 10, 2024, Goodfood Market's P/E ratio was -5.23, a 136.65% change from the -2.21 P/E ratio recorded in the previous year.

The Goodfood Market P/E history

Goodfood Market Aktienanalyse

What does Goodfood Market do?

Goodfood Market Corp is a Canadian company specializing in food delivery. It was founded in 2014 by Jonathan Ferrari, Neil Cuggy, and Raffi Krikorian in Montreal and has become one of the leading food delivery providers in Canada. The idea behind Goodfood was to offer consumers a convenient and affordable way to have healthy and high-quality food delivered to their homes. The company delivers a variety of products, including fresh produce such as fruits and vegetables, meat and fish, dairy products, frozen meals, and household items such as toilet paper and cleaning supplies. Customers can place their orders online and choose from a variety of options, including weekly menus, quick and healthy meals, and special offers for dietary and vegan options. Goodfood has grown into a comprehensive food offering and offers several different divisions, including Goodfood, Goodfood WOW, Goodfood AT WORK, and MissFresh. Goodfood offers a wide range of food products, as well as a variety of recipes and cooking instructions. Goodfood WOW is a new division specializing in the delivery of snacks and sweets. Goodfood AT WORK helps companies provide their employees with healthy and affordable meals. MissFresh is another division of Goodfood that focuses on delivering ingredients and recipes for a weekly meal to help customers prepare healthy meals. Goodfood has experienced steady growth in recent years and was listed on the Toronto Stock Exchange in 2017. The company now has over 200,000 active customers and delivers across Canada, including Quebec, Ontario, British Columbia, and Alberta. Goodfood also plans to expand into the US and Europe. Another important aspect of Goodfood is sustainability. The company aims to be as environmentally friendly as possible both in food production and delivery. Goodfood relies on local suppliers and produces food without the use of chemicals and pesticides. The company uses its own delivery vehicles powered by rechargeable batteries that are CO2-neutral. Additionally, Goodfood uses packaging made from biodegradable materials. Overall, Goodfood is an innovative company that meets customers' needs for healthy, affordable, and convenient food supply. By providing a variety of products and services and maintaining high sustainability standards, the company has become a leading force in the Canadian food market. Goodfood is a Canadian company specializing in food delivery. It was founded in 2014 and has become a leading provider of food delivery in Canada. The company offers a wide range of products, including fresh produce, meat and fish, dairy products, frozen meals, and household items. Customers can place their orders online and choose from a variety of options, including weekly menus, quick and healthy meals, and special offers for dietary and vegan options. Goodfood has grown into a comprehensive food offering and has several different divisions, including Goodfood, Goodfood WOW, Goodfood AT WORK, and MissFresh. The company is committed to sustainability and uses environmentally friendly practices in its production and delivery processes. Goodfood has experienced steady growth and plans to expand into the US and Europe. Goodfood Market ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Goodfood Market's P/E Ratio

The Price to Earnings (P/E) Ratio of Goodfood Market is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Goodfood Market's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Goodfood Market is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Goodfood Market’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Goodfood Market stock

What is the price-to-earnings ratio of Goodfood Market?

The price-earnings ratio of Goodfood Market is currently -5.23.

How has the price-earnings ratio of Goodfood Market changed compared to last year?

The price-to-earnings ratio of Goodfood Market has increased by 136.65% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Goodfood Market high compared to other companies?

Yes, the price-to-earnings ratio of Goodfood Market is high compared to other companies.

How does an increase in the price-earnings ratio of Goodfood Market affect the company?

An increase in the price-earnings ratio of Goodfood Market would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Goodfood Market affect the company?

A decrease in the price-earnings ratio of Goodfood Market would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Goodfood Market?

Some factors that influence the price-earnings ratio of Goodfood Market are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Goodfood Market pay?

Over the past 12 months, Goodfood Market paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Goodfood Market is expected to pay a dividend of 0 CAD.

What is the dividend yield of Goodfood Market?

The current dividend yield of Goodfood Market is .

When does Goodfood Market pay dividends?

Goodfood Market pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Goodfood Market?

Goodfood Market paid dividends every year for the past 0 years.

What is the dividend of Goodfood Market?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Goodfood Market located?

Goodfood Market is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Goodfood Market kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Goodfood Market from 9/10/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 9/10/2024.

When did Goodfood Market pay the last dividend?

The last dividend was paid out on 9/10/2024.

What was the dividend of Goodfood Market in the year 2023?

In the year 2023, Goodfood Market distributed 0 CAD as dividends.

In which currency does Goodfood Market pay out the dividend?

The dividends of Goodfood Market are distributed in CAD.

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Andere Kennzahlen von Goodfood Market

Our stock analysis for Goodfood Market Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Goodfood Market Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.