Nubian Resources Stock Fundamentals
| NBR Stock | CAD 0.06 0.01 14.29% |
Nubian Resources fundamentals help investors to digest information that contributes to Nubian Resources' financial success or failures. It also enables traders to predict the movement of Nubian Stock. The fundamental analysis module provides a way to measure Nubian 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 Nubian Resources stock.
At this time, Nubian Resources' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 473.8 K in 2024, whereas Operating Income is likely to drop (500.4 K) in 2024. Nubian | Select Account or Indicator |
Nubian Resources Company Return On Equity Analysis
Nubian 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 Nubian Resources Return On Equity | -0.0322 |
Most of Nubian 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, Nubian Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nubian Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Nubian Resources is extremely important. It helps to project a fair market value of Nubian Stock properly, considering its historical fundamentals such as Return On Equity. Since Nubian 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 Nubian 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 Nubian 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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Nubian Total Stockholder Equity
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Based on the latest financial disclosure, Nubian Resources has a Return On Equity of -0.0322. This is 103.54% lower than that of the Metals & Mining sector and 106.71% lower than that of the Materials industry. The return on equity for all Canada stocks is 89.61% lower than that of the firm.
Nubian Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nubian Resources's current stock value. Our valuation model uses many indicators to compare Nubian Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nubian Resources competition to find correlations between indicators driving Nubian Resources's intrinsic value. More Info.Nubian Resources is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . At this time, Nubian Resources' Return On Equity is fairly stable compared to the past year. 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 Nubian Resources' earnings, one of the primary drivers of an investment's value.Nubian Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nubian 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 Nubian Resources could also be used in its relative valuation, which is a method of valuing Nubian Resources by comparing valuation metrics of similar companies.Nubian Resources is currently under evaluation in return on equity category among its peers.
Nubian Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Nubian Resources from analyzing Nubian Resources' financial statements. These drivers represent accounts that assess Nubian Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Nubian Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 14.1M | 21.2M | 4.5M | 3.9M | 3.5M | 4.5M | |
| Enterprise Value | 12.9M | 18.8M | 3.8M | 3.6M | 4.2M | 5.8M |
Nubian Fundamentals
| Return On Equity | -0.0322 | ||||
| Return On Asset | -0.0157 | ||||
| Current Valuation | (135.56 K) | ||||
| Shares Outstanding | 67.74 M | ||||
| Shares Owned By Insiders | 32.52 % | ||||
| Shares Owned By Institutions | 1.10 % | ||||
| Number Of Shares Shorted | 27.54 K | ||||
| Price To Earning | 75.00 X | ||||
| Price To Book | 0.38 X | ||||
| Gross Profit | (15.06 K) | ||||
| EBITDA | (413.82 K) | ||||
| Net Income | (491.83 K) | ||||
| Cash And Equivalents | 186.64 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 75.93 K | ||||
| Debt To Equity | 5.10 % | ||||
| Current Ratio | 0.65 X | ||||
| Book Value Per Share | 0.17 X | ||||
| Cash Flow From Operations | (394.54 K) | ||||
| Short Ratio | 1.23 X | ||||
| Earnings Per Share | (0.05) X | ||||
| Beta | 0.88 | ||||
| Market Capitalization | 4.06 M | ||||
| Total Asset | 12.92 M | ||||
| Retained Earnings | (16.55 M) | ||||
| Working Capital | 4.95 M | ||||
| Net Asset | 12.92 M |
About Nubian Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nubian Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nubian Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nubian Resources 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 100 K | 63.2 K | |
| Cost Of Revenue | 721.05 | 693.77 |
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Additional Tools for Nubian Stock Analysis
When running Nubian Resources' price analysis, check to measure Nubian 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 Nubian Resources is operating at the current time. Most of Nubian Resources' value examination focuses on studying past and present price action to predict the probability of Nubian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nubian Resources' price. Additionally, you may evaluate how the addition of Nubian Resources to your portfolios can decrease your overall portfolio volatility.