Quorum Information Technologies Stock Fundamentals

QIS Stock  CAD 0.95  0.01  1.04%   
Quorum Information Technologies fundamentals help investors to digest information that contributes to Quorum Information's financial success or failures. It also enables traders to predict the movement of Quorum Stock. The fundamental analysis module provides a way to measure Quorum Information'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 Quorum Information stock.
  
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Quorum Information Technologies Company Return On Equity Analysis

Quorum Information'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 Quorum Information Return On Equity

    
  0.0449  
Most of Quorum Information'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, Quorum Information Technologies 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.
Competition

Based on the latest financial disclosure, Quorum Information Technologies has a Return On Equity of 0.0449. This is 100.37% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The return on equity for all Canada stocks is 114.48% lower than that of the firm.

Quorum Information Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Quorum Information's current stock value. Our valuation model uses many indicators to compare Quorum Information value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Quorum Information competition to find correlations between indicators driving Quorum Information's intrinsic value. More Info.
Quorum Information Technologies is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  1.04  of Return On Asset per Return On Equity. 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 Quorum Information's earnings, one of the primary drivers of an investment's value.

Quorum Return On Equity Peer Comparison

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

Quorum Fundamentals

About Quorum Information Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Quorum Information Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quorum Information using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quorum Information Technologies 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.
Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States. Quorum Information Technologies Inc. was founded in 1996 and is headquartered in Calgary, Canada. Quorum Information operates under SoftwareApplication classification in Exotistan and is traded on Commodity Exchange.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Quorum Stock Analysis

When running Quorum Information's price analysis, check to measure Quorum Information'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 Quorum Information is operating at the current time. Most of Quorum Information's value examination focuses on studying past and present price action to predict the probability of Quorum Information's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quorum Information's price. Additionally, you may evaluate how the addition of Quorum Information to your portfolios can decrease your overall portfolio volatility.