Nobel29 Resources Corp Stock Fundamentals
| NBLC Stock | CAD 0.04 0.00 0.00% |
Nobel29 Resources Corp fundamentals help investors to digest information that contributes to Nobel29 Resources' financial success or failures. It also enables traders to predict the movement of Nobel29 Stock. The fundamental analysis module provides a way to measure Nobel29 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 Nobel29 Resources stock.
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Nobel29 Resources Corp Company Return On Equity Analysis
Nobel29 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 Nobel29 Resources Return On Equity | -4.97 |
Most of Nobel29 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, Nobel29 Resources Corp 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.
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Based on the latest financial disclosure, Nobel29 Resources Corp has a Return On Equity of -4.9681. This is 645.95% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all Canada stocks is notably higher than that of the company.
Nobel29 Resources Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nobel29 Resources's current stock value. Our valuation model uses many indicators to compare Nobel29 Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nobel29 Resources competition to find correlations between indicators driving Nobel29 Resources's intrinsic value. More Info.Nobel29 Resources Corp is regarded third in return on equity category among its peers. It also is regarded third in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nobel29 Resources' earnings, one of the primary drivers of an investment's value.Nobel29 Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nobel29 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 Nobel29 Resources could also be used in its relative valuation, which is a method of valuing Nobel29 Resources by comparing valuation metrics of similar companies.Nobel29 Resources is currently under evaluation in return on equity category among its peers.
Nobel29 Fundamentals
| Return On Equity | -4.97 | |||
| Return On Asset | -1.84 | |||
| Current Valuation | 4.41 M | |||
| Shares Outstanding | 102.48 M | |||
| Shares Owned By Insiders | 11.57 % | |||
| Number Of Shares Shorted | 1.43 K | |||
| Price To Book | 9.23 X | |||
| EBITDA | (3.3 M) | |||
| Net Income | (836.07 K) | |||
| Total Debt | 949.14 K | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (426.05 K) | |||
| Short Ratio | 0.01 X | |||
| Beta | -0.071 | |||
| Market Capitalization | 4.61 M | |||
| Total Asset | 447.44 K | |||
| Retained Earnings | (19.61 M) | |||
| Working Capital | (501.7 K) | |||
| Net Asset | 447.44 K |
About Nobel29 Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nobel29 Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nobel29 Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nobel29 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.Nobel Resources Corp. engages in the exploration and production of copper in northern Chile. NOBEL29 RESOURCES is traded on Commodity Exchange in Exotistan.
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Additional Tools for Nobel29 Stock Analysis
When running Nobel29 Resources' price analysis, check to measure Nobel29 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 Nobel29 Resources is operating at the current time. Most of Nobel29 Resources' value examination focuses on studying past and present price action to predict the probability of Nobel29 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nobel29 Resources' price. Additionally, you may evaluate how the addition of Nobel29 Resources to your portfolios can decrease your overall portfolio volatility.