Valore Metals Corp Stock Return On Equity
| VO Stock | CAD 0.08 0.01 11.11% |
ValOre Metals Corp fundamentals help investors to digest information that contributes to ValOre Metals' financial success or failures. It also enables traders to predict the movement of ValOre Stock. The fundamental analysis module provides a way to measure ValOre Metals' 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 ValOre Metals stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 2.34 | 2.46 |
ValOre | Return On Equity |
ValOre Metals Corp Company Return On Equity Analysis
ValOre Metals' 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 ValOre Metals Return On Equity | -0.34 |
Most of ValOre Metals' 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, ValOre Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ValOre Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for ValOre Metals is extremely important. It helps to project a fair market value of ValOre Stock properly, considering its historical fundamentals such as Return On Equity. Since ValOre Metals' 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 ValOre Metals' 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 ValOre Metals' 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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ValOre Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, ValOre Metals Corp has a Return On Equity of -0.3368. This is 137.01% lower than that of the Oil, Gas & Consumable Fuels sector and 170.17% lower than that of the Energy industry. The return on equity for all Canada stocks is 8.65% higher than that of the company.
ValOre Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ValOre Metals' 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 ValOre Metals could also be used in its relative valuation, which is a method of valuing ValOre Metals by comparing valuation metrics of similar companies.ValOre Metals is currently under evaluation in return on equity category among its peers.
ValOre Metals Current Valuation Drivers
We derive many important indicators used in calculating different scores of ValOre Metals from analyzing ValOre Metals' financial statements. These drivers represent accounts that assess ValOre Metals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ValOre Metals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 16.4M | 25.8M | 40.3M | 50.7M | 58.3M | 38.7M | |
| Enterprise Value | 13.9M | 26.5M | 37.8M | 49.7M | 57.1M | 36.3M |
ValOre Fundamentals
| Return On Equity | -0.34 | ||||
| Return On Asset | -0.21 | ||||
| Current Valuation | 17.51 M | ||||
| Shares Outstanding | 229.06 M | ||||
| Shares Owned By Insiders | 18.79 % | ||||
| Shares Owned By Institutions | 7.90 % | ||||
| Number Of Shares Shorted | 208 | ||||
| Price To Book | 2.02 X | ||||
| Gross Profit | (1.68 K) | ||||
| EBITDA | (7.46 M) | ||||
| Net Income | 24 M | ||||
| Cash And Equivalents | 1.23 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 1.08 M | ||||
| Current Ratio | 38.60 X | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (6.46 M) | ||||
| Earnings Per Share | 0.17 X | ||||
| Target Price | 0.82 | ||||
| Beta | 1.29 | ||||
| Market Capitalization | 17.18 M | ||||
| Total Asset | 10.3 M | ||||
| Retained Earnings | (79.78 M) | ||||
| Working Capital | 272.03 K | ||||
| Net Asset | 10.3 M |
About ValOre Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ValOre Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ValOre Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ValOre Metals 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.
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Additional Tools for ValOre Stock Analysis
When running ValOre Metals' price analysis, check to measure ValOre Metals' 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 ValOre Metals is operating at the current time. Most of ValOre Metals' value examination focuses on studying past and present price action to predict the probability of ValOre Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ValOre Metals' price. Additionally, you may evaluate how the addition of ValOre Metals to your portfolios can decrease your overall portfolio volatility.