Orogen Royalties Return On Asset vs. Current Valuation

OGN Stock  CAD 1.34  0.02  1.47%   
Based on Orogen Royalties' profitability indicators, Orogen Royalties is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in January. Profitability indicators assess Orogen Royalties' ability to earn profits and add value for shareholders. Operating Cash Flow Sales Ratio is likely to climb to 0.18 in 2024, whereas Price To Sales Ratio is likely to drop 14.74 in 2024. At this time, Orogen Royalties' Net Interest Income is fairly stable compared to the past year. Interest Income is likely to climb to about 269.4 K in 2024, whereas Net Loss is likely to drop (2.7 M) in 2024.
For Orogen Royalties profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Orogen Royalties to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Orogen Royalties utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Orogen Royalties's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Orogen Royalties over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Orogen Royalties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Orogen Royalties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orogen Royalties' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Orogen Royalties Current Valuation vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Orogen Royalties's current stock value. Our valuation model uses many indicators to compare Orogen Royalties value to that of its competitors to determine the firm's financial worth.
Orogen Royalties is considered to be number one stock in return on asset category among its peers. It also is rated top company in current valuation category among its peers reporting about  12,651,106,050  of Current Valuation per Return On Asset. 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 Orogen Royalties' earnings, one of the primary drivers of an investment's value.

Orogen Current Valuation vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Orogen Royalties

Return On Asset

 = 

Net Income

Total Assets

 = 
0.02
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Orogen Royalties

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
253.02 M
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Orogen Current Valuation vs Competition

Orogen Royalties is rated top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Materials industry is now estimated at about 10.73 Billion. Orogen Royalties holds roughly 253.02 Million in current valuation claiming about 2.36% of all equities under Materials industry.

Orogen Royalties Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Orogen Royalties, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Orogen Royalties will eventually generate negative long term returns. The profitability progress is the general direction of Orogen Royalties' change in net profit over the period of time. It can combine multiple indicators of Orogen Royalties, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Net Interest Income256.6 K269.4 K
Interest Income256.6 K269.4 K
Operating IncomeM3.2 M
Net Income From Continuing OpsM3.2 M
Income Before Tax1.9 MM
Total Other Income Expense Net-1.4 M-1.5 M
Net Loss-2.5 M-2.7 M
Net IncomeM3.2 M
Income Tax Expense121.4 K107.9 K
Change To Netincome-1 M-966.5 K
Net Income Per Share 0.02  0.02 
Income Quality 0.45  0.56 
Net Income Per E B T 1.59  0.80 

Orogen Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Orogen Royalties. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Orogen Royalties position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Orogen Royalties' important profitability drivers and their relationship over time.

Use Orogen Royalties in pair-trading

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 Orogen Royalties 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 Orogen Royalties will appreciate offsetting losses from the drop in the long position's value.

Orogen Royalties Pair Trading

Orogen Royalties Pair Trading Analysis

The ability to find closely correlated positions to Orogen Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orogen Royalties 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 Orogen Royalties - 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 Orogen Royalties to buy it.
The correlation of Orogen Royalties 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 Orogen Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orogen Royalties 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 Orogen Royalties 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Orogen Royalties position

In addition to having Orogen Royalties in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Restaurants Thematic Idea Now

Restaurants
Restaurants Theme
Entities that are involved in restaurant business, as well as coffee shop chains and other eateries. The Restaurants theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Restaurants Theme or any other thematic opportunities.
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Additional Tools for Orogen Stock Analysis

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