Quantum Numbers Stock Fundamentals
| QNC Stock | CAD 0.71 0.15 26.79% |
Quantum Numbers fundamentals help investors to digest information that contributes to Quantum Numbers' financial success or failures. It also enables traders to predict the movement of Quantum Stock. The fundamental analysis module provides a way to measure Quantum Numbers' 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 Quantum Numbers stock.
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Quantum Numbers Company Return On Equity Analysis
Quantum Numbers' 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 Quantum Numbers Return On Equity | -2.04 |
Most of Quantum Numbers' 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, Quantum Numbers 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, Quantum Numbers has a Return On Equity of -2.0423. This is 83.02% lower than that of the Semiconductors & Semiconductor Equipment sector and 214.74% lower than that of the Information Technology industry. The return on equity for all Canada stocks is notably higher than that of the company.
Quantum Numbers Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Quantum Numbers's current stock value. Our valuation model uses many indicators to compare Quantum Numbers value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Quantum Numbers competition to find correlations between indicators driving Quantum Numbers's intrinsic value. More Info.Quantum Numbers 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 . 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 Quantum Numbers' earnings, one of the primary drivers of an investment's value.Quantum Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Quantum Numbers' 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 Quantum Numbers could also be used in its relative valuation, which is a method of valuing Quantum Numbers by comparing valuation metrics of similar companies.Quantum Numbers is currently under evaluation in return on equity category among its peers.
Quantum Fundamentals
| Return On Equity | -2.04 | ||||
| Return On Asset | -0.87 | ||||
| Current Valuation | 95.7 M | ||||
| Shares Outstanding | 171.33 M | ||||
| Shares Owned By Insiders | 3.60 % | ||||
| Number Of Shares Shorted | 1.74 M | ||||
| Price To Book | 246.07 X | ||||
| EBITDA | (2.31 M) | ||||
| Net Income | (2.39 M) | ||||
| Cash And Equivalents | 560.24 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 40 K | ||||
| Current Ratio | 21.21 X | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (2.08 M) | ||||
| Short Ratio | 0.48 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Beta | -2.19 | ||||
| Market Capitalization | 121.65 M | ||||
| Total Asset | 1.65 M | ||||
| Retained Earnings | (13.16 M) | ||||
| Working Capital | 1.11 M | ||||
| Net Asset | 1.65 M |
About Quantum Numbers Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Quantum Numbers's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Quantum Numbers using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Quantum Numbers 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.Quantum Numbers Corp. develops cryptographic solutions based on quantum random number generator in Canada. Quantum Numbers Corp. was incorporated in 2007 and is headquartered in Brossard, Canada. QUANTUM NUMBERS operates under Semiconductors classification in Canada and is traded on TSX Venture Exchange.
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Additional Tools for Quantum Stock Analysis
When running Quantum Numbers' price analysis, check to measure Quantum Numbers' 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 Quantum Numbers is operating at the current time. Most of Quantum Numbers' value examination focuses on studying past and present price action to predict the probability of Quantum Numbers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quantum Numbers' price. Additionally, you may evaluate how the addition of Quantum Numbers to your portfolios can decrease your overall portfolio volatility.