Niobay Metals Stock Fundamentals
| NBYCF Stock | USD 0.04 0.01 20.00% |
Niobay Metals fundamentals help investors to digest information that contributes to Niobay Metals' financial success or failures. It also enables traders to predict the movement of Niobay OTC Stock. The fundamental analysis module provides a way to measure Niobay Metals' 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 Niobay Metals otc stock.
Niobay |
Niobay Metals OTC Stock Return On Equity Analysis
Niobay Metals' 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 Niobay Metals Return On Equity | -0.5 |
Most of Niobay Metals' 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, Niobay Metals 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.
| Competition |
Based on the latest financial disclosure, Niobay Metals has a Return On Equity of -0.5036. This is 155.34% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 62.45% higher than that of the company.
Niobay Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Niobay Metals's current stock value. Our valuation model uses many indicators to compare Niobay Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Niobay Metals competition to find correlations between indicators driving Niobay Metals's intrinsic value. More Info.Niobay Metals is regarded fourth in return on equity category among its peers. It 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 Niobay Metals' earnings, one of the primary drivers of an investment's value.Niobay Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Niobay Metals' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Niobay Metals could also be used in its relative valuation, which is a method of valuing Niobay Metals by comparing valuation metrics of similar companies.Niobay Metals is currently under evaluation in return on equity category among its peers.
Niobay Fundamentals
| Return On Equity | -0.5 | |||
| Return On Asset | -0.37 | |||
| Current Valuation | 1.34 M | |||
| Shares Outstanding | 71.3 M | |||
| Shares Owned By Insiders | 19.37 % | |||
| Shares Owned By Institutions | 8.48 % | |||
| Price To Book | 0.98 X | |||
| EBITDA | (4.45 M) | |||
| Net Income | (3.97 M) | |||
| Cash And Equivalents | 7.39 M | |||
| Cash Per Share | 0.10 X | |||
| Current Ratio | 6.51 X | |||
| Book Value Per Share | 0.10 X | |||
| Cash Flow From Operations | (3.83 M) | |||
| Earnings Per Share | (0.04) X | |||
| Target Price | 2.63 | |||
| Beta | -0.1 | |||
| Market Capitalization | 9.01 M | |||
| Total Asset | 11.13 M | |||
| Net Asset | 11.13 M |
About Niobay Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Niobay Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Niobay Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Niobay Metals based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.Niobay Metals Inc., a mineral resource company, acquires, explores for, evaluates, and develops mining properties in Canada. Niobay Metals Inc. was incorporated in 1954 and is based in Montreal, Canada. Niobay Metals is traded on OTC Exchange in the United States.
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Other Information on Investing in Niobay OTC Stock
Niobay Metals financial ratios help investors to determine whether Niobay OTC 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 Niobay with respect to the benefits of owning Niobay Metals security.