Rockridge Resources Valuation
| ROCK Stock | CAD 0.02 0.01 33.33% |
Rockridge Resources seems to be overvalued based on Macroaxis valuation methodology. Our model determines the value of Rockridge Resources from analyzing the company fundamentals such as Shares Outstanding of 125.01 M, number of shares shorted of 419.56 K, and Return On Equity of -0.0673 as well as examining its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Rockridge Resources' valuation include:
Price Book 0.3013 | Enterprise Value 1.7 M | Enterprise Value Ebitda (2.81) |
Overvalued
Today
Please note that Rockridge Resources' price fluctuation is out of control at this time. Calculation of the real value of Rockridge Resources is based on 3 months time horizon. Increasing Rockridge Resources' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the Rockridge stock is determined by what a typical buyer is willing to pay for full or partial control of Rockridge Resources. Since Rockridge Resources is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Rockridge Stock. However, Rockridge Resources' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.02 | Real 0.0147 | Hype 0.02 |
The intrinsic value of Rockridge Resources' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Rockridge Resources' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Rockridge Resources helps investors to forecast how Rockridge stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Rockridge Resources more accurately as focusing exclusively on Rockridge Resources' fundamentals will not take into account other important factors: Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Rockridge Resources' intrinsic value based on its ongoing forecasts of Rockridge Resources' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Rockridge Resources' closest peers.
Rockridge Resources Cash |
|
Rockridge Valuation Trend
Analysing the historical paterns of Rockridge Resources' enterprise value and its market capitalization is a good way to estimate and gauge the value of Rockridge Resources over time and is usually enough for investors to make rational market timing decisions.
Rockridge Resources Total Value Analysis
Rockridge Resources is at this time forecasted to have takeover price of 1.7 M with market capitalization of 1.88 M, debt of 209.94 K, and cash on hands of 159.76 K. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Rockridge Resources fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
1.7 M | 1.88 M | 209.94 K | 159.76 K |
Rockridge Resources Asset Utilization
One of the ways to look at asset utilization of Rockridge is to check how much profit was generated for every dollar of assets it reports. Rockridge Resources holds a negative application of assets of -0.0528 pct., losing C$5.28E-4 for each dollar of assets held by the company. Inadequate asset utilization implies the company is being less effective with each dollar of assets it holds. Put it differently, asset utilization of Rockridge Resources shows how discouraging it operates for each dollar spent on its assets.Rockridge Resources Ownership Allocation
Rockridge Resources owns a total of 125.01 Million outstanding shares. Rockridge Resources holds 7.0 pct. of its outstanding shares held by insiders and 0.0 pct. owned by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.Rockridge Resources Profitability Analysis
Net Loss for the year was (728.38 K) with profit before overhead, payroll, taxes, and interest of 0.About Rockridge Resources Valuation
Our relative valuation model uses a comparative analysis of Rockridge Resources. We calculate exposure to Rockridge Resources's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Rockridge Resources's related companies.Additional Tools for Rockridge Stock Analysis
When running Rockridge Resources' price analysis, check to measure Rockridge Resources' 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 Rockridge Resources is operating at the current time. Most of Rockridge Resources' value examination focuses on studying past and present price action to predict the probability of Rockridge Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rockridge Resources' price. Additionally, you may evaluate how the addition of Rockridge Resources to your portfolios can decrease your overall portfolio volatility.