Remitly Global Stock Fundamentals
| RELY Stock | USD 20.81 0.29 1.41% |
Remitly Global fundamentals help investors to digest information that contributes to Remitly Global's financial success or failures. It also enables traders to predict the movement of Remitly Stock. The fundamental analysis module provides a way to measure Remitly Global'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 Remitly Global stock.
At this time, Remitly Global's Gross Profit is fairly stable compared to the past year. Other Operating Expenses is likely to rise to about 1.1 B in 2024, whereas Depreciation And Amortization is likely to drop slightly above 12.5 M in 2024. Remitly | Select Account or Indicator |
Remitly Global Company Return On Equity Analysis
Remitly Global'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 Remitly Global Return On Equity | -0.11 |
Most of Remitly Global'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, Remitly Global 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.
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Remitly Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Remitly Global has a Return On Equity of -0.1146. This is 99.05% lower than that of the Financial Services sector and significantly lower than that of the Financials industry. The return on equity for all United States stocks is 63.03% lower than that of the firm.
Remitly Global Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Remitly Global's current stock value. Our valuation model uses many indicators to compare Remitly Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Remitly Global competition to find correlations between indicators driving Remitly Global's intrinsic value. More Info.Remitly Global is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers . At this time, Remitly Global's 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 Remitly Global's earnings, one of the primary drivers of an investment's value.Remitly Global's Earnings Breakdown by Geography
Remitly Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Remitly Global'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 Remitly Global could also be used in its relative valuation, which is a method of valuing Remitly Global by comparing valuation metrics of similar companies.Remitly Global is currently under evaluation in return on equity category among its peers.
Remitly Global ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Remitly Global's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Remitly Global's managers, analysts, and investors.Environmental | Governance | Social |
Remitly Fundamentals
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0451 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 3.81 B | ||||
| Shares Outstanding | 198.06 M | ||||
| Shares Owned By Insiders | 5.83 % | ||||
| Shares Owned By Institutions | 82.39 % | ||||
| Number Of Shares Shorted | 9.25 M | ||||
| Price To Earning | (0.43) X | ||||
| Price To Book | 6.54 X | ||||
| Price To Sales | 3.51 X | ||||
| Revenue | 944.28 M | ||||
| Gross Profit | 326.63 M | ||||
| EBITDA | (96.47 M) | ||||
| Net Income | (117.84 M) | ||||
| Cash And Equivalents | 429.71 M | ||||
| Cash Per Share | 2.56 X | ||||
| Total Debt | 142.99 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 2.80 X | ||||
| Book Value Per Share | 3.19 X | ||||
| Cash Flow From Operations | (53.59 M) | ||||
| Short Ratio | 3.82 X | ||||
| Earnings Per Share | (0.35) X | ||||
| Price To Earnings To Growth | (0.02) X | ||||
| Target Price | 23.56 | ||||
| Number Of Employees | 2.7 K | ||||
| Beta | 0.026 | ||||
| Market Capitalization | 4.13 B | ||||
| Total Asset | 1.04 B | ||||
| Retained Earnings | (491.3 M) | ||||
| Working Capital | 565.28 M | ||||
| Current Asset | 271.8 M | ||||
| Current Liabilities | 155.1 M | ||||
| Net Asset | 1.04 B |
About Remitly Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Remitly Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Remitly Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Remitly Global 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 | -635.4 K | -603.6 K | |
| Total Revenue | 944.3 M | 558.5 M | |
| Cost Of Revenue | 410.9 M | 440.6 M | |
| Stock Based Compensation To Revenue | 0.15 | 0.15 | |
| Sales General And Administrative To Revenue | 0.19 | 0.23 | |
| Research And Ddevelopement To Revenue | 0.23 | 0.16 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 5.22 | 9.05 | |
| Ebit Per Revenue | (0.12) | (0.13) |
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When running Remitly Global's price analysis, check to measure Remitly Global's 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 Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.