Signature Resources Stock Return On Equity

SGU Stock  CAD 0.04  0.00  0.00%   
Signature Resources fundamentals help investors to digest information that contributes to Signature Resources' financial success or failures. It also enables traders to predict the movement of Signature Stock. The fundamental analysis module provides a way to measure Signature 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 Signature Resources stock.
Last ReportedProjected for Next Year
Return On Equity 1.07  1.13 
Return On Equity is likely to climb to 1.13 in 2024.
  
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Signature Resources Company Return On Equity Analysis

Signature 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Signature Resources Return On Equity

    
  -0.33  
Most of Signature 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, Signature Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Signature Return On Equity Driver Correlations

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

Signature Total Stockholder Equity

Total Stockholder Equity

(1.04 Million)

Signature Resources reported Total Stockholder Equity of (1.1 Million) in 2023
Based on the latest financial disclosure, Signature Resources has a Return On Equity of -0.3263. This is 135.86% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all Canada stocks is 5.26% higher than that of the company.

Signature Return On Equity Peer Comparison

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

Signature Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Signature Resources from analyzing Signature Resources' financial statements. These drivers represent accounts that assess Signature Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Signature Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.1M7.5M16.6M2.8M2.5M3.6M
Enterprise Value1.0M7.0M16.6M2.7M2.5M3.5M

Signature Fundamentals

About Signature Resources Fundamental Analysis

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

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.
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Additional Tools for Signature Stock Analysis

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