Stellar Africagold Stock Return On Equity

SPX Stock  CAD 0.06  0.01  20.00%   
Stellar AfricaGold fundamentals help investors to digest information that contributes to Stellar AfricaGold's financial success or failures. It also enables traders to predict the movement of Stellar Stock. The fundamental analysis module provides a way to measure Stellar AfricaGold'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 Stellar AfricaGold stock.
Last ReportedProjected for Next Year
Return On Equity 42.42  44.54 
Return On Equity is likely to climb to 44.54 in 2024.
  
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Stellar AfricaGold Company Return On Equity Analysis

Stellar AfricaGold'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Stellar AfricaGold Return On Equity

    
  -5.6  
Most of Stellar AfricaGold'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, Stellar AfricaGold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Stellar Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Stellar AfricaGold is extremely important. It helps to project a fair market value of Stellar Stock properly, considering its historical fundamentals such as Return On Equity. Since Stellar AfricaGold'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 Stellar AfricaGold'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 Stellar AfricaGold's interrelated accounts and indicators.
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

Stellar Total Stockholder Equity

Total Stockholder Equity

(21,156.97)

At this time, Stellar AfricaGold's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Stellar AfricaGold has a Return On Equity of -5.5956. This is 714.9% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all Canada stocks is notably higher than that of the company.

Stellar Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Stellar AfricaGold'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 Stellar AfricaGold could also be used in its relative valuation, which is a method of valuing Stellar AfricaGold by comparing valuation metrics of similar companies.
Stellar AfricaGold is currently under evaluation in return on equity category among its peers.

Stellar AfricaGold Current Valuation Drivers

We derive many important indicators used in calculating different scores of Stellar AfricaGold from analyzing Stellar AfricaGold's financial statements. These drivers represent accounts that assess Stellar AfricaGold's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Stellar AfricaGold's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.3M4.0M6.1M3.3M3.0M1.8M
Enterprise Value3.5M2.4M5.4M3.3M3.0M1.8M

Stellar Fundamentals

About Stellar AfricaGold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Stellar AfricaGold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Stellar AfricaGold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Stellar AfricaGold 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Stellar Stock Analysis

When running Stellar AfricaGold's price analysis, check to measure Stellar AfricaGold'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 Stellar AfricaGold is operating at the current time. Most of Stellar AfricaGold's value examination focuses on studying past and present price action to predict the probability of Stellar AfricaGold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stellar AfricaGold's price. Additionally, you may evaluate how the addition of Stellar AfricaGold to your portfolios can decrease your overall portfolio volatility.