Royce Micro Current Valuation vs. EBITDA
| RMT Stock | USD 10.32 0.10 0.98% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.0884 | 0.0931 |
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| Operating Profit Margin | 0.0607 | 0.0639 |
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For Royce Micro profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Royce Micro to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Royce Micro Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Royce Micro's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Royce Micro Cap over time as well as its relative position and ranking within its peers.
Royce |
Is Asset Management & Custody Banks 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 Royce Micro. If investors know Royce 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 Royce Micro 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 (0.21) | Dividend Share 0.74 | Earnings Share 1.27 | Revenue Per Share 0.148 | Quarterly Revenue Growth (0.19) |
The market value of Royce Micro Cap is measured differently than its book value, which is the value of Royce that is recorded on the company's balance sheet. Investors also form their own opinion of Royce Micro's value that differs from its market value or its book value, called intrinsic value, which is Royce Micro'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 Royce Micro's market value can be influenced by many factors that don't directly affect Royce Micro'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 Royce Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royce Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royce Micro'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.
Royce Micro Cap EBITDA vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Royce Micro's current stock value. Our valuation model uses many indicators to compare Royce Micro value to that of its competitors to determine the firm's financial worth. Royce Micro Cap is rated fourth in current valuation category among its peers. It also is rated fourth in ebitda category among its peers totaling about 0.14 of EBITDA per Current Valuation. The ratio of Current Valuation to EBITDA for Royce Micro Cap is roughly 7.06 . At this time, Royce Micro's EBITDA is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Royce Micro 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.Royce Current Valuation vs. Competition
Royce Micro Cap is rated fourth in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is at this time estimated at about 13.99 Billion. Royce Micro holds roughly 521.98 Million in current valuation claiming about 4% of equities under Financials industry.
Royce EBITDA vs. Current Valuation
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.
Royce Micro |
| = | 521.98 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.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Royce Micro |
| = | 73.97 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Royce EBITDA Comparison
Royce Micro is currently under evaluation in ebitda category among its peers.
Royce Micro Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Royce Micro, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Royce Micro will eventually generate negative long term returns. The profitability progress is the general direction of Royce Micro's change in net profit over the period of time. It can combine multiple indicators of Royce Micro, 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 | ||
| Operating Income | 528.2 K | 501.8 K | |
| Net Income From Continuing Ops | 72.9 M | 76.5 M | |
| Income Before Tax | 72.9 M | 76.5 M | |
| Total Other Income Expense Net | 72.4 M | 76 M | |
| Net Loss | -118.2 M | -112.3 M | |
| Net Income | 72.9 M | 76.5 M | |
| Income Tax Expense | 528.2 K | 554.6 K | |
| Net Interest Income | -331.1 K | -347.7 K | |
| Interest Income | 784.9 K | 824.2 K | |
| Change To Netincome | 121.9 M | 128 M | |
| Net Income Per Share | 1.49 | 1.00 | |
| Income Quality | 0.38 | 0.42 | |
| Net Income Per E B T | 0.84 | 0.75 |
Royce Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Royce Micro. 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 Royce Micro 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 Royce Micro's important profitability drivers and their relationship over time.
Use Royce Micro 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 Royce Micro 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 Royce Micro will appreciate offsetting losses from the drop in the long position's value.Royce Micro Pair Trading
Royce Micro Cap Pair Trading Analysis
The ability to find closely correlated positions to Royce Micro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Royce Micro 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 Royce Micro - 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 Royce Micro Cap to buy it.
The correlation of Royce Micro 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 Royce Micro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Royce Micro Cap 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 Royce Micro 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 Royce Micro position
In addition to having Royce Micro 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?
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Additional Tools for Royce Stock Analysis
When running Royce Micro's price analysis, check to measure Royce Micro'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 Royce Micro is operating at the current time. Most of Royce Micro's value examination focuses on studying past and present price action to predict the probability of Royce Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royce Micro's price. Additionally, you may evaluate how the addition of Royce Micro to your portfolios can decrease your overall portfolio volatility.