Rover Metals Corp Stock Return On Equity
| ROVMF Stock | USD 0.02 0 18.05% |
Rover Metals Corp fundamentals help investors to digest information that contributes to Rover Metals' financial success or failures. It also enables traders to predict the movement of Rover OTC Stock. The fundamental analysis module provides a way to measure Rover 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 Rover Metals otc stock.
Rover |
Rover Metals Corp OTC Stock Return On Equity Analysis
Rover 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 Rover Metals Return On Equity | -0.38 |
Most of Rover 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, Rover Metals Corp 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, Rover Metals Corp has a Return On Equity of -0.3775. This is 141.48% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on equity for all United States stocks is 21.77% higher than that of the company.
Rover Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rover 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 Rover Metals could also be used in its relative valuation, which is a method of valuing Rover Metals by comparing valuation metrics of similar companies.Rover Metals is currently under evaluation in return on equity category among its peers.
Rover Fundamentals
| Return On Equity | -0.38 | |||
| Return On Asset | -0.11 | |||
| Current Valuation | 2.39 M | |||
| Shares Outstanding | 31.15 M | |||
| Shares Owned By Insiders | 3.52 % | |||
| Price To Book | 0.71 X | |||
| EBITDA | (1.67 M) | |||
| Net Income | (1.68 M) | |||
| Cash And Equivalents | 335.39 K | |||
| Total Debt | 35.15 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 1.53 X | |||
| Book Value Per Share | 0.17 X | |||
| Cash Flow From Operations | (1.58 M) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | 1.67 | |||
| Market Capitalization | 2.22 M | |||
| Total Asset | 4.42 M | |||
| Z Score | 37.8 | |||
| Net Asset | 4.42 M |
About Rover Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rover Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rover Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rover Metals Corp 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.
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Other Information on Investing in Rover OTC Stock
Rover Metals financial ratios help investors to determine whether Rover 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 Rover with respect to the benefits of owning Rover Metals security.