Commerce Resources Corp Stock Return On Equity
| CCE Stock | CAD 0.08 0.01 6.67% |
Commerce Resources Corp fundamentals help investors to digest information that contributes to Commerce Resources' financial success or failures. It also enables traders to predict the movement of Commerce Stock. The fundamental analysis module provides a way to measure Commerce Resources' 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 Commerce Resources stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.02) | (0.02) |
Commerce | Return On Equity |
Commerce Resources Corp Company Return On Equity Analysis
Commerce Resources' 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 Commerce Resources Return On Equity | -0.48 |
Most of Commerce Resources' 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, Commerce Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Commerce Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Commerce Resources is extremely important. It helps to project a fair market value of Commerce Stock properly, considering its historical fundamentals such as Return On Equity. Since Commerce Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Commerce Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Commerce Resources' interrelated accounts and indicators.
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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.
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Commerce Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Commerce Resources Corp has a Return On Equity of -0.4763. This is 152.34% lower than that of the Metals & Mining sector and 199.23% lower than that of the Materials industry. The return on equity for all Canada stocks is 53.65% higher than that of the company.
Commerce Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Commerce Resources' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Commerce Resources could also be used in its relative valuation, which is a method of valuing Commerce Resources by comparing valuation metrics of similar companies.Commerce Resources is currently under evaluation in return on equity category among its peers.
Commerce Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Commerce Resources from analyzing Commerce Resources' financial statements. These drivers represent accounts that assess Commerce Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Commerce Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 10.8M | 15.7M | 12.7M | 9.9M | 11.4M | 10.8M | |
| Enterprise Value | 9.8M | 12.5M | 12.3M | 6.1M | 7.0M | 6.6M |
Commerce Fundamentals
| Return On Equity | -0.48 | ||||
| Return On Asset | -0.0175 | ||||
| Current Valuation | 8.78 M | ||||
| Shares Outstanding | 212.02 M | ||||
| Shares Owned By Insiders | 7.46 % | ||||
| Number Of Shares Shorted | 4.11 K | ||||
| Price To Earning | (20.00) X | ||||
| Price To Book | 0.30 X | ||||
| EBITDA | (1.66 M) | ||||
| Net Income | (1.7 M) | ||||
| Cash And Equivalents | 70.95 K | ||||
| Total Debt | 121.81 K | ||||
| Current Ratio | 0.08 X | ||||
| Book Value Per Share | 0.27 X | ||||
| Cash Flow From Operations | (509.69 K) | ||||
| Short Ratio | 0.02 X | ||||
| Earnings Per Share | (0.18) X | ||||
| Beta | 2.42 | ||||
| Market Capitalization | 16.96 M | ||||
| Total Asset | 77.29 M | ||||
| Retained Earnings | (37.88 M) | ||||
| Working Capital | 3.98 M | ||||
| Net Asset | 77.29 M |
About Commerce Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Commerce Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commerce Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Commerce Resources Corp 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.
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Additional Tools for Commerce Stock Analysis
When running Commerce Resources' price analysis, check to measure Commerce Resources' 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 Commerce Resources is operating at the current time. Most of Commerce Resources' value examination focuses on studying past and present price action to predict the probability of Commerce Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Resources' price. Additionally, you may evaluate how the addition of Commerce Resources to your portfolios can decrease your overall portfolio volatility.