Ressources Minieres Radisson Stock Return On Equity

RDS Stock  CAD 0.24  0.02  9.09%   
Ressources Minieres Radisson fundamentals help investors to digest information that contributes to Ressources Minieres' financial success or failures. It also enables traders to predict the movement of Ressources Stock. The fundamental analysis module provides a way to measure Ressources Minieres' 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 Ressources Minieres stock.
Last ReportedProjected for Next Year
Return On Equity(0.02)(0.02)
Return On Equity is likely to drop to -0.02 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ressources Minieres Radisson Company Return On Equity Analysis

Ressources Minieres' 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 Ressources Minieres Return On Equity

    
  -0.0179  
Most of Ressources Minieres' 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, Ressources Minieres Radisson is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ressources Return On Equity Driver Correlations

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

Ressources Total Stockholder Equity

Total Stockholder Equity

52.46 Million

At this time, Ressources Minieres' Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Ressources Minieres Radisson has a Return On Equity of -0.0179. This is 101.97% lower than that of the Metals & Mining sector and 117.9% lower than that of the Materials industry. The return on equity for all Canada stocks is 94.23% lower than that of the firm.

Ressources Return On Equity Peer Comparison

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

Ressources Minieres Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ressources Minieres from analyzing Ressources Minieres' financial statements. These drivers represent accounts that assess Ressources Minieres' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ressources Minieres' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap31.6M68.6M60.2M38.7M34.8M36.5M
Enterprise Value29.3M57.3M49.2M37.1M33.3M35.0M

Ressources Fundamentals

About Ressources Minieres Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

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.
Explore Investing Ideas  

Additional Tools for Ressources Stock Analysis

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