ODYSSEY Financial Statements From 2010 to 2024
| ODQ Stock | EUR 0.01 0 14.29% |
Check ODYSSEY GOLD financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ODYSSEY GOLD's main balance sheet or income statement drivers, such as , as well as many indicators such as . ODYSSEY financial statements analysis is a perfect complement when working with ODYSSEY GOLD Valuation or Volatility modules.
ODYSSEY |
ODYSSEY GOLD LTD Company Return On Equity Analysis
ODYSSEY GOLD's 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 ODYSSEY GOLD Return On Equity | -0.65 |
Most of ODYSSEY GOLD's 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, ODYSSEY GOLD LTD is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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Based on the latest financial disclosure, ODYSSEY GOLD LTD has a Return On Equity of -0.6522. This is 171.67% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on equity for all Germany stocks is 110.39% higher than that of the company.
ODYSSEY GOLD LTD Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ODYSSEY GOLD's current stock value. Our valuation model uses many indicators to compare ODYSSEY GOLD value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ODYSSEY GOLD competition to find correlations between indicators driving ODYSSEY GOLD's intrinsic value. More Info.ODYSSEY GOLD LTD is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . 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 ODYSSEY GOLD's earnings, one of the primary drivers of an investment's value.About ODYSSEY GOLD Financial Statements
ODYSSEY GOLD stakeholders use historical fundamental indicators, such as ODYSSEY GOLD's revenue or net income, to determine how well the company is positioned to perform in the future. Although ODYSSEY GOLD investors may analyze each financial statement separately, they are all interrelated. For example, changes in ODYSSEY GOLD's assets and liabilities are reflected in the revenues and expenses on ODYSSEY GOLD's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ODYSSEY GOLD LTD. Please read more on our technical analysis and fundamental analysis pages.
Odyssey Gold Limited operates as a mineral resource exploration company in Australia. Odyssey Gold Limited was incorporated in 2005 and is based in Perth, Australia. ODYSSEY GOLD operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange.
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Other Information on Investing in ODYSSEY Stock
ODYSSEY GOLD financial ratios help investors to determine whether ODYSSEY Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ODYSSEY with respect to the benefits of owning ODYSSEY GOLD security.