Emx Royalty Corp Stock Beta
| EMX Stock | CAD 2.65 0.02 0.75% |
EMX Royalty Corp fundamentals help investors to digest information that contributes to EMX Royalty's financial success or failures. It also enables traders to predict the movement of EMX Stock. The fundamental analysis module provides a way to measure EMX Royalty'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 EMX Royalty stock.
EMX | Beta |
EMX Royalty Corp Company Beta Analysis
EMX Royalty's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current EMX Royalty Beta | 0.65 |
Most of EMX Royalty's fundamental indicators, such as Beta, 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, EMX Royalty Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EMX Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for EMX Royalty is extremely important. It helps to project a fair market value of EMX Stock properly, considering its historical fundamentals such as Beta. Since EMX Royalty's 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 EMX Royalty's 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 EMX Royalty's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, EMX Royalty Corp has a Beta of 0.651. This is 25.17% lower than that of the Metals & Mining sector and 44.36% lower than that of the Materials industry. The beta for all Canada stocks is notably lower than that of the firm.
EMX Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EMX Royalty's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EMX Royalty could also be used in its relative valuation, which is a method of valuing EMX Royalty by comparing valuation metrics of similar companies.EMX Royalty is currently under evaluation in beta category among its peers.
EMX Royalty Current Valuation Drivers
We derive many important indicators used in calculating different scores of EMX Royalty from analyzing EMX Royalty's financial statements. These drivers represent accounts that assess EMX Royalty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of EMX Royalty's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 360.7M | 249.6M | 200.6M | 178.5M | 160.6M | 82.0M | |
| Enterprise Value | 319.6M | 280.3M | 225.6M | 191.1M | 172.0M | 180.6M |
As returns on the market increase, EMX Royalty's returns are expected to increase less than the market. However, during the bear market, the loss of holding EMX Royalty is expected to be smaller as well.
EMX Fundamentals
| Return On Equity | -0.0312 | ||||
| Return On Asset | -0.0032 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 303.06 M | ||||
| Shares Outstanding | 110.88 M | ||||
| Shares Owned By Insiders | 19.14 % | ||||
| Shares Owned By Institutions | 16.07 % | ||||
| Number Of Shares Shorted | 4.49 K | ||||
| Price To Earning | 2.47 X | ||||
| Price To Book | 1.74 X | ||||
| Price To Sales | 10.96 X | ||||
| Revenue | 27.38 M | ||||
| Gross Profit | 15.17 M | ||||
| EBITDA | 2.47 M | ||||
| Net Income | (6.25 M) | ||||
| Cash And Equivalents | 80.94 M | ||||
| Cash Per Share | 0.99 X | ||||
| Total Debt | 43.19 M | ||||
| Debt To Equity | 86.30 % | ||||
| Current Ratio | 26.29 X | ||||
| Book Value Per Share | 1.04 X | ||||
| Cash Flow From Operations | 19.63 M | ||||
| Short Ratio | 0.18 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Target Price | 4.25 | ||||
| Number Of Employees | 46 | ||||
| Beta | 0.65 | ||||
| Market Capitalization | 293.82 M | ||||
| Total Asset | 209.09 M | ||||
| Retained Earnings | (77.93 M) | ||||
| Working Capital | (2.27 M) | ||||
| Net Asset | 209.09 M |
About EMX Royalty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EMX Royalty Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EMX Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EMX Royalty 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 EMX Stock Analysis
When running EMX Royalty's price analysis, check to measure EMX Royalty'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 EMX Royalty is operating at the current time. Most of EMX Royalty's value examination focuses on studying past and present price action to predict the probability of EMX Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMX Royalty's price. Additionally, you may evaluate how the addition of EMX Royalty to your portfolios can decrease your overall portfolio volatility.