Commerce Resources Corp Stock Fundamentals
| CCE Stock | CAD 0.07 0.01 6.25% |
Commerce Resources Corp fundamentals help investors to digest information that contributes to Commerce Resources' financial success or failures. It also enables traders to predict the movement of Commerce Stock. The fundamental analysis module provides a way to measure Commerce Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Commerce Resources stock.
At this time, Commerce Resources' Total Other Income Expense Net is fairly stable compared to the past year. Income Tax Expense is likely to climb to about 19.5 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 1.9 M in 2024. Commerce | Select Account or Indicator |
Commerce Resources Corp Company Shares Outstanding Analysis
Commerce Resources' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Commerce Resources Shares Outstanding | 212.02 M |
Most of Commerce Resources' fundamental indicators, such as Shares Outstanding, 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, Commerce Resources Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Commerce Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Commerce Resources is extremely important. It helps to project a fair market value of Commerce Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Commerce Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Commerce Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Commerce Resources' interrelated accounts and indicators.
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Commerce Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Commerce Resources Corp has 212.02 M of shares currently outstending. This is 65.48% lower than that of the Metals & Mining sector and 82.23% lower than that of the Materials industry. The shares outstanding for all Canada stocks is 62.92% higher than that of the company.
Commerce Resources Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Commerce Resources's current stock value. Our valuation model uses many indicators to compare Commerce Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Commerce Resources competition to find correlations between indicators driving Commerce Resources's intrinsic value. More Info.Commerce Resources Corp is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers . At this time, Commerce Resources' Return On Equity is fairly stable compared to the past year. 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 Commerce Resources' earnings, one of the primary drivers of an investment's value.Commerce Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Commerce Resources' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Commerce Resources could also be used in its relative valuation, which is a method of valuing Commerce Resources by comparing valuation metrics of similar companies.Commerce Resources is currently under evaluation in shares outstanding category among its peers.
Commerce Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Commerce Resources from analyzing Commerce Resources' financial statements. These drivers represent accounts that assess Commerce Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Commerce Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 10.8M | 15.7M | 12.7M | 9.9M | 11.4M | 10.8M | |
| Enterprise Value | 9.8M | 12.5M | 12.3M | 6.1M | 7.0M | 6.6M |
Commerce Fundamentals
| Return On Equity | -0.48 | ||||
| Return On Asset | -0.0175 | ||||
| Current Valuation | 8.78 M | ||||
| Shares Outstanding | 212.02 M | ||||
| Shares Owned By Insiders | 7.46 % | ||||
| Number Of Shares Shorted | 4.11 K | ||||
| Price To Earning | (20.00) X | ||||
| Price To Book | 0.30 X | ||||
| EBITDA | (1.66 M) | ||||
| Net Income | (1.7 M) | ||||
| Cash And Equivalents | 70.95 K | ||||
| Total Debt | 121.81 K | ||||
| Current Ratio | 0.08 X | ||||
| Book Value Per Share | 0.27 X | ||||
| Cash Flow From Operations | (509.69 K) | ||||
| Short Ratio | 0.02 X | ||||
| Earnings Per Share | (0.18) X | ||||
| Beta | 2.42 | ||||
| Market Capitalization | 15.9 M | ||||
| Total Asset | 77.29 M | ||||
| Retained Earnings | (37.88 M) | ||||
| Working Capital | 3.98 M | ||||
| Net Asset | 77.29 M |
About Commerce Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Commerce Resources Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commerce Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Commerce Resources Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | -310 K | -294.5 K | |
| Cost Of Revenue | 37.6 K | 39.5 K |
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Additional Tools for Commerce Stock Analysis
When running Commerce Resources' price analysis, check to measure Commerce 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 Commerce Resources is operating at the current time. Most of Commerce Resources' value examination focuses on studying past and present price action to predict the probability of Commerce Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Resources' price. Additionally, you may evaluate how the addition of Commerce Resources to your portfolios can decrease your overall portfolio volatility.