PermRock Royalty Return On Asset vs. Net Income
| PRT Stock | USD 3.67 0.03 0.82% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Profit Margin | 0.83 | 0.8714 |
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For PermRock Royalty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of PermRock Royalty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well PermRock Royalty Trust utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between PermRock Royalty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of PermRock Royalty Trust over time as well as its relative position and ranking within its peers.
PermRock |
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PermRock Royalty. If investors know PermRock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PermRock Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.49) | Earnings Share 0.42 | Revenue Per Share 0.503 | Quarterly Revenue Growth (0.45) | Return On Assets 0.0412 |
The market value of PermRock Royalty Trust is measured differently than its book value, which is the value of PermRock that is recorded on the company's balance sheet. Investors also form their own opinion of PermRock Royalty's value that differs from its market value or its book value, called intrinsic value, which is PermRock Royalty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PermRock Royalty's market value can be influenced by many factors that don't directly affect PermRock Royalty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PermRock Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if PermRock Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PermRock Royalty's 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.
PermRock Royalty Trust Net Income vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining PermRock Royalty's current stock value. Our valuation model uses many indicators to compare PermRock Royalty value to that of its competitors to determine the firm's financial worth. PermRock Royalty Trust is regarded third in return on asset category among its peers. It is regarded fourth in net income category among its peers . At this time, PermRock Royalty's Net Income is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value PermRock Royalty by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.PermRock Net Income 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.
PermRock Royalty |
| = | 0.0412 |
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.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
PermRock Royalty |
| = | (4.16 B) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
PermRock Net Income Comparison
PermRock Royalty is currently under evaluation in net income category among its peers.
PermRock Royalty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in PermRock Royalty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, PermRock Royalty will eventually generate negative long term returns. The profitability progress is the general direction of PermRock Royalty's change in net profit over the period of time. It can combine multiple indicators of PermRock Royalty, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.1 M | 1.2 M | |
| Net Interest Income | 10.7 K | 11.2 K | |
| Operating Income | 6.3 M | 5.9 M | |
| Net Income From Continuing Ops | 8.1 M | 6.3 M | |
| Income Before Tax | 6.3 M | 6 M | |
| Total Other Income Expense Net | (4.00) | (4.20) | |
| Net Loss | -4.2 B | -4 B | |
| Income Tax Expense | 6.3 M | 6.6 M | |
| Interest Income | 8.4 K | 7.4 K | |
| Net Income Applicable To Common Shares | 6.6 M | 6.7 M | |
| Net Income Per Share | 0.51 | 0.49 | |
| Income Quality | (299.50) | (284.53) | |
| Net Income Per E B T | 1.4 K | 1.5 K |
PermRock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on PermRock Royalty. 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 PermRock Royalty 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 PermRock Royalty's important profitability drivers and their relationship over time.
Use PermRock Royalty 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 PermRock Royalty 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 PermRock Royalty will appreciate offsetting losses from the drop in the long position's value.PermRock Royalty Pair Trading
PermRock Royalty Trust Pair Trading Analysis
The ability to find closely correlated positions to PermRock Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PermRock Royalty 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 PermRock Royalty - 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 PermRock Royalty Trust to buy it.
The correlation of PermRock Royalty 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 PermRock Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PermRock Royalty Trust 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 PermRock Royalty 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.Use Investing Themes to Complement your PermRock Royalty position
In addition to having PermRock Royalty 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 Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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Additional Tools for PermRock Stock Analysis
When running PermRock Royalty's price analysis, check to measure PermRock Royalty's 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 PermRock Royalty is operating at the current time. Most of PermRock Royalty's value examination focuses on studying past and present price action to predict the probability of PermRock Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PermRock Royalty's price. Additionally, you may evaluate how the addition of PermRock Royalty to your portfolios can decrease your overall portfolio volatility.