Mira Pharmaceuticals, Common Stock Return On Equity
| MIRA Stock | 1.15 0.10 8.00% |
MIRA Pharmaceuticals, Common fundamentals help investors to digest information that contributes to MIRA Pharmaceuticals,'s financial success or failures. It also enables traders to predict the movement of MIRA Stock. The fundamental analysis module provides a way to measure MIRA Pharmaceuticals,'s 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 MIRA Pharmaceuticals, stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (2.74) | (2.60) |
MIRA | Return On Equity |
MIRA Pharmaceuticals, Common Company Return On Equity Analysis
MIRA Pharmaceuticals,'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 MIRA Pharmaceuticals, Return On Equity | -7.49 |
Most of MIRA Pharmaceuticals,'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, MIRA Pharmaceuticals, Common is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
MIRA Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for MIRA Pharmaceuticals, is extremely important. It helps to project a fair market value of MIRA Stock properly, considering its historical fundamentals such as Return On Equity. Since MIRA Pharmaceuticals,'s 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 MIRA Pharmaceuticals,'s 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 MIRA Pharmaceuticals,'s interrelated accounts and indicators.
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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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MIRA Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, MIRA Pharmaceuticals, Common has a Return On Equity of -7.4859. This is 68.77% lower than that of the Pharmaceuticals sector and 79.47% lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.
MIRA Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MIRA Pharmaceuticals,'s direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MIRA Pharmaceuticals, could also be used in its relative valuation, which is a method of valuing MIRA Pharmaceuticals, by comparing valuation metrics of similar companies.MIRA Pharmaceuticals, is currently under evaluation in return on equity category among its peers.
MIRA Fundamentals
| Return On Equity | -7.49 | ||||
| Return On Asset | -1.78 | ||||
| Current Valuation | 16.84 M | ||||
| Shares Outstanding | 16.56 M | ||||
| Shares Owned By Insiders | 27.20 % | ||||
| Shares Owned By Institutions | 5.95 % | ||||
| Number Of Shares Shorted | 671.79 K | ||||
| Price To Book | 5.79 X | ||||
| EBITDA | (3.46 M) | ||||
| Net Income | (11.98 K) | ||||
| Total Debt | 5.06 K | ||||
| Book Value Per Share | 0.30 X | ||||
| Cash Flow From Operations | (5.63 M) | ||||
| Short Ratio | 0.47 X | ||||
| Earnings Per Share | (0.55) X | ||||
| Target Price | 12.08 | ||||
| Market Capitalization | 20.7 M | ||||
| Total Asset | 4.93 M | ||||
| Retained Earnings | (21.29 M) | ||||
| Working Capital | (875.63 K) | ||||
| Net Asset | 4.93 M |
About MIRA Pharmaceuticals, Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MIRA Pharmaceuticals, Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MIRA Pharmaceuticals, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MIRA Pharmaceuticals, Common 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether MIRA Pharmaceuticals, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MIRA Pharmaceuticals,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mira Pharmaceuticals, Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mira Pharmaceuticals, Common Stock:Check out MIRA Pharmaceuticals, Piotroski F Score and MIRA Pharmaceuticals, Altman Z Score analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MIRA Pharmaceuticals,. If investors know MIRA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MIRA Pharmaceuticals, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.55) | Return On Assets (1.78) | Return On Equity (7.49) |
The market value of MIRA Pharmaceuticals, is measured differently than its book value, which is the value of MIRA that is recorded on the company's balance sheet. Investors also form their own opinion of MIRA Pharmaceuticals,'s value that differs from its market value or its book value, called intrinsic value, which is MIRA Pharmaceuticals,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MIRA Pharmaceuticals,'s market value can be influenced by many factors that don't directly affect MIRA Pharmaceuticals,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MIRA Pharmaceuticals,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if MIRA Pharmaceuticals, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MIRA Pharmaceuticals,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.