Betmakers Technology Group Stock Fundamentals

TPBTF Stock  USD 0.05  0.00  0.00%   
Betmakers Technology Group fundamentals help investors to digest information that contributes to Betmakers Technology's financial success or failures. It also enables traders to predict the movement of Betmakers Pink Sheet. The fundamental analysis module provides a way to measure Betmakers Technology'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 Betmakers Technology pink sheet.
  
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Betmakers Technology Group Company Return On Equity Analysis

Betmakers Technology'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 Betmakers Technology Return On Equity

    
  -0.46  
Most of Betmakers Technology'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, Betmakers Technology Group 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, Betmakers Technology Group has a Return On Equity of -0.4639. This is 112.89% lower than that of the sector and 98.89% lower than that of the Return On Equity industry. The return on equity for all United States stocks is 49.65% higher than that of the company.

Betmakers Technology Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Betmakers Technology's current stock value. Our valuation model uses many indicators to compare Betmakers Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Betmakers Technology competition to find correlations between indicators driving Betmakers Technology's intrinsic value. More Info.
Betmakers Technology Group is rated fifth in return on equity category among its peers. It also is rated fifth 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 Betmakers Technology's earnings, one of the primary drivers of an investment's value.

Betmakers Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Betmakers Technology's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Betmakers Technology could also be used in its relative valuation, which is a method of valuing Betmakers Technology by comparing valuation metrics of similar companies.
Betmakers Technology is currently under evaluation in return on equity category among its peers.

Betmakers Fundamentals

About Betmakers Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Betmakers Technology Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Betmakers Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Betmakers Technology Group 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.
Betmakers Technology Group Ltd, together with its subsidiaries, develops and provides software, data, and analytics products for the B2B wagering market in Australia, New Zealand, the United States, the United Kingdom, and internationally. Betmakers Technology Group Ltd was incorporated in 2013 and is headquartered in The Junction, Australia. Betmakers Technology operates under Gambling classification in the United States and is traded on OTC Exchange. It employs 500 people.

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Other Information on Investing in Betmakers Pink Sheet

Betmakers Technology financial ratios help investors to determine whether Betmakers Pink Sheet 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 Betmakers with respect to the benefits of owning Betmakers Technology security.