Iconic Minerals Stock Fundamentals
| ICM Stock | CAD 0.01 0.00 0.00% |
Iconic Minerals fundamentals help investors to digest information that contributes to Iconic Minerals' financial success or failures. It also enables traders to predict the movement of Iconic Stock. The fundamental analysis module provides a way to measure Iconic Minerals' 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 Iconic Minerals stock.
At this time, Iconic Minerals' Other Operating Expenses is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 2.5 M in 2024, despite the fact that Operating Income is likely to grow to (1.9 M). Iconic | Select Account or Indicator |
Iconic Minerals Company Current Valuation Analysis
Iconic Minerals' 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.
Current Iconic Minerals Current Valuation | 3.05 M |
Most of Iconic Minerals' fundamental indicators, such as Current Valuation, 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, Iconic Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Iconic Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for Iconic Minerals is extremely important. It helps to project a fair market value of Iconic Stock properly, considering its historical fundamentals such as Current Valuation. Since Iconic Minerals' 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 Iconic Minerals' 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 Iconic Minerals' interrelated accounts and indicators.
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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.
| Competition |
In accordance with the recently published financial statements, Iconic Minerals has a Current Valuation of 3.05 M. This is 99.97% lower than that of the Metals & Mining sector and 99.92% lower than that of the Materials industry. The current valuation for all Canada stocks is 99.98% higher than that of the company.
Iconic Minerals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Iconic Minerals's current stock value. Our valuation model uses many indicators to compare Iconic Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Iconic Minerals competition to find correlations between indicators driving Iconic Minerals's intrinsic value. More Info.Iconic Minerals is currently regarded as number one stock in return on equity category among its peers. It is rated third overall in return on asset category among its peers . At this time, Iconic Minerals' 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 Iconic Minerals' earnings, one of the primary drivers of an investment's value.Iconic Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Iconic Minerals' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Iconic Minerals could also be used in its relative valuation, which is a method of valuing Iconic Minerals by comparing valuation metrics of similar companies.Iconic Minerals is currently under evaluation in current valuation category among its peers.
Iconic Minerals Current Valuation Drivers
We derive many important indicators used in calculating different scores of Iconic Minerals from analyzing Iconic Minerals' financial statements. These drivers represent accounts that assess Iconic Minerals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Iconic Minerals' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 9.2M | 25.3M | 14.5M | 5.4M | 4.8M | 5.5M | |
| Enterprise Value | 11.1M | 25.9M | 16.1M | 5.0M | 4.5M | 6.0M |
Iconic Fundamentals
| Return On Equity | 0.94 | ||||
| Return On Asset | -0.0869 | ||||
| Current Valuation | 3.05 M | ||||
| Shares Outstanding | 147.51 M | ||||
| Shares Owned By Insiders | 7.23 % | ||||
| Number Of Shares Shorted | 795 | ||||
| Price To Earning | (0.57) X | ||||
| Price To Book | 1.45 X | ||||
| EBITDA | (1.37 M) | ||||
| Net Income | 17.58 M | ||||
| Cash And Equivalents | 105.94 K | ||||
| Total Debt | 1.39 M | ||||
| Current Ratio | 0.05 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (3.32 M) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | 0.14 X | ||||
| Beta | 1.25 | ||||
| Market Capitalization | 1.48 M | ||||
| Total Asset | 4.26 M | ||||
| Retained Earnings | (31.45 M) | ||||
| Working Capital | 1.63 M | ||||
| Net Asset | 4.26 M |
About Iconic Minerals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Iconic Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Iconic Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Iconic Minerals 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 | 1.1 M | 952.1 K | |
| Sales General And Administrative To Revenue | 45.16 | 40.14 | |
| Research And Ddevelopement To Revenue | 2.77 | 4.96 | |
| Capex To Revenue | 77.92 | 82.49 | |
| Revenue Per Share | 0.05 | 0.04 | |
| Ebit Per Revenue | (23.74) | (24.93) |
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Additional Tools for Iconic Stock Analysis
When running Iconic Minerals' price analysis, check to measure Iconic Minerals' 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 Iconic Minerals is operating at the current time. Most of Iconic Minerals' value examination focuses on studying past and present price action to predict the probability of Iconic Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iconic Minerals' price. Additionally, you may evaluate how the addition of Iconic Minerals to your portfolios can decrease your overall portfolio volatility.