Altura Mining Limited Stock Return On Equity

ALTAF Stock  USD 0.01  0.0001  1.92%   
Altura Mining Limited fundamentals help investors to digest information that contributes to Altura Mining's financial success or failures. It also enables traders to predict the movement of Altura Pink Sheet. The fundamental analysis module provides a way to measure Altura Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Altura Mining pink sheet.
  
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Altura Mining Limited Company Return On Equity Analysis

Altura Mining'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.

Return On Equity

 = 

Net Income

Total Equity

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Current Altura Mining Return On Equity

    
  -0.0327  
Most of Altura Mining'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, Altura Mining Limited 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, Altura Mining Limited has a Return On Equity of -0.0327. This is 103.59% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 89.45% lower than that of the firm.

Altura Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altura Mining's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Altura Mining could also be used in its relative valuation, which is a method of valuing Altura Mining by comparing valuation metrics of similar companies.
Altura Mining is currently under evaluation in return on equity category among its peers.

Altura Fundamentals

About Altura Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Altura Mining Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altura Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altura Mining Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Other Information on Investing in Altura Pink Sheet

Altura Mining financial ratios help investors to determine whether Altura Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Altura with respect to the benefits of owning Altura Mining security.