Titan Mining Corp Stock Return On Equity
| TI Stock | CAD 0.31 0.03 10.71% |
Titan Mining Corp fundamentals help investors to digest information that contributes to Titan Mining's financial success or failures. It also enables traders to predict the movement of Titan Stock. The fundamental analysis module provides a way to measure Titan Mining'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 Titan Mining stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 4.50 | 4.72 |
Titan | Return On Equity |
Titan Mining Corp Company Return On Equity Analysis
Titan Mining'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.
Current Titan Mining Return On Equity | -20.59 |
Most of Titan Mining'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, Titan Mining Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Titan Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Titan Mining is extremely important. It helps to project a fair market value of Titan Stock properly, considering its historical fundamentals such as Return On Equity. Since Titan Mining's 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 Titan Mining's 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 Titan Mining's 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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Titan Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Titan Mining Corp has a Return On Equity of -20.5937. This is 2363.04% 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 notably higher than that of the company.
Titan Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Titan Mining'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 Titan Mining could also be used in its relative valuation, which is a method of valuing Titan Mining by comparing valuation metrics of similar companies.Titan Mining is currently under evaluation in return on equity category among its peers.
Titan Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of Titan Mining from analyzing Titan Mining's financial statements. These drivers represent accounts that assess Titan Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Titan Mining's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 24.0M | 83.9M | 70.3M | 48.2M | 34.7M | 33.0M | |
| Enterprise Value | 54.0M | 114.1M | 99.6M | 71.7M | 33.9M | 32.2M |
Titan Fundamentals
| Return On Equity | -20.59 | ||||
| Return On Asset | -0.035 | ||||
| Profit Margin | (0.12) % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 86.34 M | ||||
| Shares Outstanding | 136.37 M | ||||
| Shares Owned By Insiders | 57.32 % | ||||
| Shares Owned By Institutions | 5.20 % | ||||
| Number Of Shares Shorted | 28.36 K | ||||
| Price To Book | 3.92 X | ||||
| Price To Sales | 0.75 X | ||||
| Revenue | 52.09 M | ||||
| Gross Profit | 20.77 M | ||||
| EBITDA | 6.17 M | ||||
| Net Income | (10.2 M) | ||||
| Cash And Equivalents | 552 K | ||||
| Total Debt | 4.2 M | ||||
| Debt To Equity | 122.20 % | ||||
| Current Ratio | 0.59 X | ||||
| Book Value Per Share | (0.02) X | ||||
| Cash Flow From Operations | 419 K | ||||
| Short Ratio | 0.16 X | ||||
| Earnings Per Share | (0.13) X | ||||
| Target Price | 0.35 | ||||
| Number Of Employees | 142 | ||||
| Beta | 0.045 | ||||
| Market Capitalization | 42.27 M | ||||
| Total Asset | 52.76 M | ||||
| Retained Earnings | (68.33 M) | ||||
| Working Capital | (23.51 M) | ||||
| Net Asset | 52.76 M | ||||
| Last Dividend Paid | 0.008 |
About Titan Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Titan Mining Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Titan Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Titan Mining Corp 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.
Pair Trading with Titan Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Titan Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Titan Mining will appreciate offsetting losses from the drop in the long position's value.Moving against Titan Stock
The ability to find closely correlated positions to Titan Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Titan Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Titan Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Titan Mining Corp to buy it.
The correlation of Titan Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Titan Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Titan Mining Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Titan Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Titan Stock
Titan Mining financial ratios help investors to determine whether Titan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Titan with respect to the benefits of owning Titan Mining security.