Hemisphere Energy Stock Return On Asset
| HME Stock | CAD 1.86 0.02 1.09% |
Hemisphere Energy fundamentals help investors to digest information that contributes to Hemisphere Energy's financial success or failures. It also enables traders to predict the movement of Hemisphere Stock. The fundamental analysis module provides a way to measure Hemisphere Energy'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 Hemisphere Energy stock.
Return On Assets is likely to climb to 0.28 in 2024. Hemisphere | Return On Asset |
Hemisphere Energy Company Return On Asset Analysis
Hemisphere Energy's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Hemisphere Energy Return On Asset | 0.27 |
Most of Hemisphere Energy's fundamental indicators, such as Return On Asset, 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, Hemisphere Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hemisphere Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Hemisphere Energy is extremely important. It helps to project a fair market value of Hemisphere Stock properly, considering its historical fundamentals such as Return On Asset. Since Hemisphere Energy'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 Hemisphere Energy'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 Hemisphere Energy's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Hemisphere Total Assets
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Based on the latest financial disclosure, Hemisphere Energy has a Return On Asset of 0.2724. This is much higher than that of the Oil, Gas & Consumable Fuels sector and 103.74% lower than that of the Energy industry. The return on asset for all Canada stocks is notably lower than that of the firm.
Hemisphere Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hemisphere Energy's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hemisphere Energy could also be used in its relative valuation, which is a method of valuing Hemisphere Energy by comparing valuation metrics of similar companies.Hemisphere Energy is currently under evaluation in return on asset category among its peers.
Hemisphere Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Hemisphere Energy from analyzing Hemisphere Energy's financial statements. These drivers represent accounts that assess Hemisphere Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hemisphere Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 18.8M | 17.6M | 87.7M | 130.1M | 127.2M | 133.5M | |
| Enterprise Value | 50.8M | 42.5M | 108.3M | 133.8M | 123.4M | 129.6M |
Hemisphere Fundamentals
| Return On Equity | 0.46 | |||
| Return On Asset | 0.27 | |||
| Profit Margin | 0.38 % | |||
| Operating Margin | 0.61 % | |||
| Current Valuation | 169.9 M | |||
| Shares Outstanding | 97.53 M | |||
| Shares Owned By Insiders | 7.40 % | |||
| Shares Owned By Institutions | 0.58 % | |||
| Number Of Shares Shorted | 11.95 K | |||
| Price To Earning | 5.26 X | |||
| Price To Book | 2.43 X | |||
| Price To Sales | 2.36 X | |||
| Revenue | 84.47 M | |||
| Gross Profit | 58.27 M | |||
| EBITDA | 46.05 M | |||
| Net Income | 24.2 M | |||
| Cash And Equivalents | 1.9 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 3.4 M | |||
| Debt To Equity | 180.30 % | |||
| Current Ratio | 1.22 X | |||
| Book Value Per Share | 0.62 X | |||
| Cash Flow From Operations | 44.24 M | |||
| Short Ratio | 0.05 X | |||
| Earnings Per Share | 0.30 X | |||
| Target Price | 2.6 | |||
| Beta | 1.95 | |||
| Market Capitalization | 181.41 M | |||
| Total Asset | 90.74 M | |||
| Retained Earnings | (8.36 M) | |||
| Working Capital | 2.91 M | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 90.74 M |
About Hemisphere Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hemisphere Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hemisphere Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hemisphere Energy 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 Hemisphere Stock Analysis
When running Hemisphere Energy's price analysis, check to measure Hemisphere Energy'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 Hemisphere Energy is operating at the current time. Most of Hemisphere Energy's value examination focuses on studying past and present price action to predict the probability of Hemisphere Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hemisphere Energy's price. Additionally, you may evaluate how the addition of Hemisphere Energy to your portfolios can decrease your overall portfolio volatility.