Cobalt Financial Statements From 2010 to 2024
| PGP Stock | CAD 0.03 0.00 0.00% |
Market Capitalization 298.9 K | Earnings Share (0.01) |
Check Cobalt Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cobalt Power's main balance sheet or income statement drivers, such as , as well as many indicators such as . Cobalt financial statements analysis is a perfect complement when working with Cobalt Power Valuation or Volatility modules.
Cobalt |
Cobalt Power Group Company Return On Equity Analysis
Cobalt Power'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.
Current Cobalt Power Return On Equity | -8.44 |
Most of Cobalt Power'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, Cobalt Power Group 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.
| Competition |
Based on the latest financial disclosure, Cobalt Power Group has a Return On Equity of -8.4407. This is 1027.55% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all Canada stocks is notably higher than that of the company.
Cobalt Power Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cobalt Power's current stock value. Our valuation model uses many indicators to compare Cobalt Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cobalt Power competition to find correlations between indicators driving Cobalt Power's intrinsic value. More Info.Cobalt Power Group is regarded fifth in return on equity category among its peers. It is regarded fourth in return on asset category among its peers . 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 Cobalt Power's earnings, one of the primary drivers of an investment's value.About Cobalt Power Financial Statements
Cobalt Power investors use historical fundamental indicators, such as Cobalt Power's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Cobalt Power. Please read more on our technical analysis and fundamental analysis pages.
Power Group Projects Corp., an exploration stage company, engages in the acquisition, exploration, and development of resource properties in Canada. Power Group Projects Corp. was incorporated in 2009 and is headquartered in Toronto, Canada. POWER GROUP operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
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Additional Tools for Cobalt Stock Analysis
When running Cobalt Power's price analysis, check to measure Cobalt Power'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 Cobalt Power is operating at the current time. Most of Cobalt Power's value examination focuses on studying past and present price action to predict the probability of Cobalt Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cobalt Power's price. Additionally, you may evaluate how the addition of Cobalt Power to your portfolios can decrease your overall portfolio volatility.