Renascor Resources Stock Fundamentals
| RNU Stock | 0.06 0 1.69% |
Renascor Resources fundamentals help investors to digest information that contributes to Renascor Resources' financial success or failures. It also enables traders to predict the movement of Renascor Stock. The fundamental analysis module provides a way to measure Renascor 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 Renascor Resources stock.
At this time, Renascor Resources' Interest Income is comparatively stable compared to the past year. Reconciled Depreciation is likely to gain to about 125.3 K in 2024, whereas Total Revenue is likely to drop 513.00 in 2024. Renascor | Select Account or Indicator |
Renascor Resources Company Return On Equity Analysis
Renascor Resources' 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 Renascor Resources Return On Equity | 0.0102 |
Most of Renascor Resources' 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, Renascor Resources 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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Renascor Total Stockholder Equity
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Based on the latest financial disclosure, Renascor Resources has a Return On Equity of 0.0102. This is 98.88% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The return on equity for all Australia stocks is 103.29% lower than that of the firm.
Renascor Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Renascor Resources's current stock value. Our valuation model uses many indicators to compare Renascor Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Renascor Resources competition to find correlations between indicators driving Renascor Resources's intrinsic value. More Info.Renascor Resources is rated below average 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 Renascor Resources' earnings, one of the primary drivers of an investment's value.Renascor Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renascor Resources' 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 Renascor Resources could also be used in its relative valuation, which is a method of valuing Renascor Resources by comparing valuation metrics of similar companies.Renascor Resources is currently under evaluation in return on equity category among its peers.
Renascor Fundamentals
| Return On Equity | 0.0102 | ||||
| Return On Asset | -0.0121 | ||||
| Profit Margin | 3,162 % | ||||
| Current Valuation | 37.58 M | ||||
| Shares Outstanding | 2.54 B | ||||
| Shares Owned By Insiders | 12.19 % | ||||
| Shares Owned By Institutions | 1.18 % | ||||
| Price To Book | 0.87 X | ||||
| Price To Sales | 263,597 X | ||||
| Revenue | 540 | ||||
| Gross Profit | 255 | ||||
| EBITDA | (3.28 M) | ||||
| Net Income | 1.71 M | ||||
| Total Debt | 180.44 K | ||||
| Book Value Per Share | 0.07 X | ||||
| Cash Flow From Operations | 2.71 M | ||||
| Target Price | 0.25 | ||||
| Beta | 1.91 | ||||
| Market Capitalization | 142.34 M | ||||
| Total Asset | 171.09 M | ||||
| Retained Earnings | (16.33 M) | ||||
| Working Capital | 110.93 M | ||||
| Net Asset | 171.09 M |
About Renascor Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Renascor Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renascor Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renascor Resources 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 | ||
| Total Revenue | 540.00 | 513.00 | |
| Cost Of Revenue | 119.3 K | 125.3 K |
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Additional Tools for Renascor Stock Analysis
When running Renascor Resources' price analysis, check to measure Renascor 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 Renascor Resources is operating at the current time. Most of Renascor Resources' value examination focuses on studying past and present price action to predict the probability of Renascor Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renascor Resources' price. Additionally, you may evaluate how the addition of Renascor Resources to your portfolios can decrease your overall portfolio volatility.