Commerce Resources Corp Stock EBITDA

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.
Last ReportedProjected for Next Year
EBITDA-1.5 M-1.6 M
EBITDA is likely to drop to about (1.6 M) in 2024.
  
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Commerce Resources Corp Company EBITDA Analysis

Commerce Resources' 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.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Commerce Resources EBITDA

    
  (1.66 M)  
Most of Commerce Resources' fundamental indicators, such as EBITDA, 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 EBITDA 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 EBITDA. 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.
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.
Competition

Commerce Ebitda

Ebitda

(1.56 Million)

Commerce Resources reported EBITDA of (1.49 Million) in 2023
According to the company disclosure, Commerce Resources Corp reported earnings before interest,tax, depreciation and amortization of (1.66 Million). This is 100.21% lower than that of the Metals & Mining sector and 100.05% lower than that of the Materials industry. The ebitda for all Canada stocks is 100.04% higher than that of the company.

Commerce EBITDA 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 EBITDA 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 ebitda 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.
201920202021202220232024 (projected)
Market Cap10.8M15.7M12.7M9.9M11.4M10.8M
Enterprise Value9.8M12.5M12.3M6.1M7.0M6.6M

Commerce Fundamentals

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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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.