FMP
iShares S&P/TSX Completion Index ETF
XMD.TO
TSX
The fund invests in the Canadian equities not included in the S&P/TSX 60 Index. The fund tracks a committee-selected index weighted by market capitalization. Eligible securities from the S&P/TSX Composite are screened by market cap and liquidity, only small- and mid-cap companies are included. Sectors weights are intended to parallel the S&P/TSX Composite. The index usually undergoes quarterly rebalance. XMD currently employs a replicating strategy wherein it invests in securities in considerably the same proportions as they are represented in the index.
33.38 CAD
-0.25 (-0.749%)
DuPont Analysis
The DuPont analysis, pioneered by the DuPont Corporation, offers a structured approach to assessing fundamental performance. It involves breaking down the return on equity (ROE) into various components, aiding investors in comprehending the factors influencing a company's returns.
ROE = Net Income / Average Total Equity
ROE = (Net Income / Sales) * (Revenue / Average Total Assets) * (Average Total Assets / Average Total Equity)
The company's tax burden is (Net income ÷ Pretax profit). This is the proportion of the company's profits retained after paying income taxes. [NI/EBT] The company's interest burden is (Pretax income ÷ EBIT). This will be 1.00 for a firm with no debt or financial leverage. [EBT/EBIT] The company's operating income margin or return on sales (ROS) is (EBIT ÷ Revenue). This is the operating income per dollar of sales. [EBIT/Revenue] The company's asset turnover (ATO) is (Revenue ÷ Average Total Assets). The company's equity multiplier is (Average Total Assets ÷ Average Total Equity). This is a measure of financial leverage. Profitability (measured by profit margin) Asset efficiency (measured by asset turnover) Financial leverage (measured by equity multiplier)
