Journey Energy Stock Return On Equity

JOY Stock  CAD 1.64  0.03  1.86%   
Journey Energy fundamentals help investors to digest information that contributes to Journey Energy's financial success or failures. It also enables traders to predict the movement of Journey Stock. The fundamental analysis module provides a way to measure Journey 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 Journey Energy stock.
Last ReportedProjected for Next Year
Return On Equity 0.02  0.02 
As of the 23rd of March 2025, Return On Equity is likely to drop to 0.01.
  
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Journey Energy Company Return On Equity Analysis

Journey Energy'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

More About Return On Equity | All Equity Analysis

Current Journey Energy Return On Equity

    
  0.016  
Most of Journey Energy'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, Journey Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Journey Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Journey Energy is extremely important. It helps to project a fair market value of Journey Stock properly, considering its historical fundamentals such as Return On Equity. Since Journey 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 Journey 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 Journey Energy's interrelated accounts and indicators.
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

Journey Total Stockholder Equity

Total Stockholder Equity

190.42 Million

At this time, Journey Energy's Total Stockholder Equity is very stable compared to the past year.
Based on the latest financial disclosure, Journey Energy has a Return On Equity of 0.016. This is 100.81% lower than that of the Oil, Gas & Consumable Fuels sector and 99.1% lower than that of the Energy industry. The return on equity for all Canada stocks is 105.16% lower than that of the firm.

Journey Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Journey Energy's 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 Journey Energy could also be used in its relative valuation, which is a method of valuing Journey Energy by comparing valuation metrics of similar companies.
Journey Energy is currently under evaluation in return on equity category among its peers.

Journey Fundamentals

About Journey Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Journey Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Journey Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Journey 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.

Other Information on Investing in Journey Stock

Journey Energy financial ratios help investors to determine whether Journey Stock 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 Journey with respect to the benefits of owning Journey Energy security.