PyroGenesis Canada's shows a recovering structural trend supported by multi-year data. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
This page complements PyroGenesis Canada Technical models with financial statement trends. It helps organize financial context for review. PyroGenesis Canada Correlation provides competitor comparison context for PyroGenesis Canada. The view supports competitor context.
Evaluating PyroGenesis Canada's Return On Tangible Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into PyroGenesis Canada's fundamental strength.
Latest PyroGenesis Canada's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of PyroGenesis Canada over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. PyroGenesis Canada's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PyroGenesis Canada's overall financial position and show how it may be relating to other accounts over time.
PyroGenesis Return On Tangible Assets Regression Statistics
Arithmetic Mean
-0.80
Geometric Mean
0.64
Coefficient Of Variation
-78.31
Mean Deviation
0.47
Median
-0.86
Standard Deviation
0.62
Sample Variance
0.39
Range
2.715
R-Value
0.38
Mean Square Error
0.35
R-Squared
0.15
Significance
0.13
Slope
0.05
Total Sum of Squares
6.23
PyroGenesis Return On Tangible Assets History
2026
-0.29
2025
-0.28
2024
-0.24
2023
-1.06
2022
-0.75
2021
-0.6
2020
0.57
Stock Overview, Methodology & Data Sources
PyroGenesis Canada Inc. designs, develops, manufactures, and commercializes plasma processes and systems in Canada and internationally. Additionally, it offers installation, commissioning, and start-up services. PYROGENESIS CANADA operates under Specialty Industrial Machinery classification in Canada and is traded on Toronto Stock Exchange. As a micro-cap equity, PyroGenesis Canada is reviewed for growth durability, margin stability, and risk discipline. Current metrics include P/E of 4.15, P/B of 25.32, profit margin of -68.98%. PyroGenesis Canada has a market cap of 41.41 M, P/E of 4.15, ROE of -34.01%.
Methodology
Unless otherwise specified, financial data for PyroGenesis Canada is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. PyroGenesis (CA:PYR) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: We use public filings and market reference sources with disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR and the Bureau of Labor Statistics (BLS) as reference inputs. Data may be normalized and can be delayed. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Analyst Sources
PyroGenesis Canada may have analyst coverage included in Macroaxis-derived consensus inputs when available. Updates may occur throughout the day.
Pair trading with PyroGenesis Canada can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
Identifying correlated replacements for PyroGenesis Canada is particularly important in concentrated portfolios where PyroGenesis Canada represents a large allocation. A poor substitute could introduce unintended factor or sector risks that persist beyond the required waiting period.
Correlation is not causation, but for PyroGenesis Canada it is a practical tool. High correlations between PyroGenesis Canada and a potential addition to the portfolio flag concentrated exposure, while low correlations signal diversification potential.
Correlation analysis and pair evaluation for PyroGenesis Canada can support hedging context. The method can be applied across sectors and broader equity sets.
Other Information on Investing in PyroGenesis Stock
Financial ratios for PyroGenesis Canada provide valuation context across profits, cash flow, and enterprise value. They help compare PyroGenesis across valuation measures and peers.