Sagen MI Canada Stock

Sagen MI Canada P/E 2024

Sagen MI Canada P/E

7.27

Ticker

MIC.TO

ISIN

CA7866881013

As of Sep 30, 2024, Sagen MI Canada's P/E ratio was 7.27, a 0% change from the 0 P/E ratio recorded in the previous year.

The Sagen MI Canada P/E history

Sagen MI Canada Aktienanalyse

What does Sagen MI Canada do?

Sagen MI Canada Inc. is a leading company in the field of flood forecasting and provides a wide range of products and services to support decision-making for risk assessment and planning of flood events. The company was founded in 1970 under the name Sigma Engineering Limited in Vancouver, Canada. In 2006, the company was renamed Sagen MI Canada Inc. The business model of Sagen MI Canada Inc. focuses on the development and provision of advanced hydrological models and their implementation as hydrology and flood forecasting systems for authorities and private companies. These systems enable customers to integrate and analyze data from various sources to study historical flood events and predict future events. Sagen MI Canada Inc. offers its products and services in three business areas: 1. Hydrology and flood forecasting systems for government agencies and municipal companies. These products enable customers to assess the potential for flood damage and risks to buildings and infrastructure. The models can be applied to various scenarios for future flood events to make decisions about infrastructure development. 2. Flood risk assessment for the insurance industry. Sagen MI Canada Inc. provides the insurance industry with risk assessments and models based on satellite data, topographic analysis, and prediction models. The models help identify both future damages and risk factors. 3. Web-based applications and services for end-users. Sagen MI Canada Inc. enables end-users to access web-based platforms that empower them to understand the hazards of flood events, prevent flood damage, and improve preparedness for future events. There are also web-based applications for data collection entered by users which can contribute to improving prediction models and forecasts. Sagen MI Canada Inc. also offers a range of products related to monitoring and predicting flood events. These products include flood warning systems, radar and satellite image analysis, and flow measurement devices that can be used in many different industries and applications. The company's technology allows for collecting and integrating data from many different sources to obtain a detailed picture of flood hazards. Overall, Sagen MI Canada Inc. has a long history as a leading company in the field of flood forecasting. The company's business model focuses on developing and providing solutions to support customers in risk assessment and planning of flood events. With a wide range of products and services and a focus on using advanced technology, the company has established itself as a key player in this field.. Sagen MI Canada ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Sagen MI Canada's P/E Ratio

The Price to Earnings (P/E) Ratio of Sagen MI Canada 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 Sagen MI Canada'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 Sagen MI Canada 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 Sagen MI Canada’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 Sagen MI Canada stock

What is the price-to-earnings ratio of Sagen MI Canada?

The price-earnings ratio of Sagen MI Canada is currently 7.27.

How has the price-earnings ratio of Sagen MI Canada changed compared to last year?

The price-to-earnings ratio of Sagen MI Canada has increased by 0% 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 Sagen MI Canada high compared to other companies?

Yes, the price-to-earnings ratio of Sagen MI Canada is high compared to other companies.

How does an increase in the price-earnings ratio of Sagen MI Canada affect the company?

An increase in the price-earnings ratio of Sagen MI Canada 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 Sagen MI Canada affect the company?

A decrease in the price-earnings ratio of Sagen MI Canada 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 Sagen MI Canada?

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

How much dividend does Sagen MI Canada pay?

Over the past 12 months, Sagen MI Canada paid a dividend of 6.8 CAD . This corresponds to a dividend yield of about 15.63 %. For the coming 12 months, Sagen MI Canada is expected to pay a dividend of 7.06 CAD.

What is the dividend yield of Sagen MI Canada?

The current dividend yield of Sagen MI Canada is 15.63 %.

When does Sagen MI Canada pay dividends?

Sagen MI Canada pays a quarterly dividend. This is distributed in the months of June, September, December, March.

How secure is the dividend of Sagen MI Canada?

Sagen MI Canada paid dividends every year for the past 16 years.

What is the dividend of Sagen MI Canada?

For the upcoming 12 months, dividends amounting to 7.06 CAD are expected. This corresponds to a dividend yield of 16.24 %.

In which sector is Sagen MI Canada located?

Sagen MI Canada is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Sagen MI Canada kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sagen MI Canada from 3/3/2021 amounting to 0.54 CAD, you needed to have the stock in your portfolio before the ex-date on 2/12/2021.

When did Sagen MI Canada pay the last dividend?

The last dividend was paid out on 3/3/2021.

What was the dividend of Sagen MI Canada in the year 2023?

In the year 2023, Sagen MI Canada distributed 7.202 CAD as dividends.

In which currency does Sagen MI Canada pay out the dividend?

The dividends of Sagen MI Canada are distributed in CAD.

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Andere Kennzahlen von Sagen MI Canada

Our stock analysis for Sagen MI Canada 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 Sagen MI Canada Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.