Is Royce Micro Stock a Good Investment?
Royce Micro Investment Advice | RMT |
- Examine Royce Micro's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Royce Micro's leadership team and their track record. Good management can help Royce Micro navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact Royce Micro's business and its evolving consumer preferences.
- Compare Royce Micro's performance and market position to its competitors. Analyze how Royce Micro is positioned in terms of product offerings, innovation, and market share.
- Check if Royce Micro pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Royce Micro's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Royce Micro Cap stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Royce Micro Cap is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Royce Micro Stock
Researching Royce Micro's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 31.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.98. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Royce Micro Cap last dividend was issued on the 13th of September 2024.
To determine if Royce Micro is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Royce Micro's research are outlined below:
| Latest headline from prnewswire.com: Royce Micro-Cap Trust as of Oct 31, 2024 |
Royce Micro Quarterly Accounts Payable |
|
Royce Micro's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 523.04 M.Market Cap |
|
Royce Micro's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.14 | 0.07 | |
| Return On Assets | 0.14 | 0.07 | |
| Return On Equity | 0.14 | 0.08 |
Determining Royce Micro's profitability involves analyzing its financial statements and using various financial metrics to determine if Royce Micro is a good buy. For example, gross profit margin measures Royce Micro's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Royce Micro's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Royce Micro's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Royce Micro Cap. Check Royce Micro's Beneish M Score to see the likelihood of Royce Micro's management manipulating its earnings.
Evaluate Royce Micro's management efficiency
Return On Tangible Assets is likely to drop to 0.07 in 2024. Return On Capital Employed is likely to drop to 0.001 in 2024. Total Current Liabilities is likely to drop to about 3.1 M in 2024. Liabilities And Stockholders Equity is likely to drop to about 419 M in 2024Royce Micro's management efficiency ratios could be used to measure how well Royce Micro manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 10.64 | 11.83 | |
| Tangible Book Value Per Share | 10.64 | 11.83 | |
| Enterprise Value Over EBITDA | 6.04 | 4.13 | |
| Price Book Value Ratio | 0.85 | 0.96 | |
| Enterprise Value Multiple | 6.04 | 4.13 | |
| Price Fair Value | 0.85 | 0.96 | |
| Enterprise Value | 446.6 M | 316.8 M |
Royce Micro Cap has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield 0.0698 | Forward Dividend Yield 0.0698 | Forward Dividend Rate 0.72 | Beta 1.318 |
Basic technical analysis of Royce Stock
As of the 30th of November, Royce Micro holds the Coefficient Of Variation of 929.03, risk adjusted performance of 0.0863, and Semi Deviation of 0.9623. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Royce Micro, as well as the relationship between them.Royce Micro's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Royce Micro insiders, such as employees or executives, is commonly permitted as long as it does not rely on Royce Micro's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Royce Micro insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Michael Shields over a month ago Insider Trading | ||
Michael Shields over two months ago Insider Trading | ||
Fockler Jack E. Jr. over two months ago Disposition of 10118 shares by Fockler Jack E. Jr. of Royce Micro at 10.996 subject to Rule 16b-3 | ||
Christopher Clark over three months ago Acquisition by Christopher Clark of 5400 shares of Royce Micro at 9.56 subject to Rule 16b-3 | ||
Charles Royce over three months ago Disposition of 10300 shares by Charles Royce of Royce Micro at 14.4617 subject to Rule 16b-3 | ||
Charles Royce over three months ago Disposition of 100000 shares by Charles Royce of Royce Micro at 7.827 subject to Rule 16b-3 | ||
Francis Gannon over six months ago Acquisition by Francis Gannon of 2500 shares of Royce Micro at 9.25 subject to Rule 16b-3 |
Royce Micro's Outstanding Corporate Bonds
Royce Micro issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Royce Micro Cap uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Royce bonds can be classified according to their maturity, which is the date when Royce Micro Cap has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Royce Micro's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Royce Micro's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0863 | |||
| Market Risk Adjusted Performance | 0.103 | |||
| Mean Deviation | 0.9554 | |||
| Semi Deviation | 0.9623 | |||
| Downside Deviation | 1.15 | |||
| Coefficient Of Variation | 929.03 | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.61 | |||
| Information Ratio | (0.0008) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.0009) | |||
| Treynor Ratio | 0.093 | |||
| Maximum Drawdown | 6.83 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.07 | |||
| Downside Variance | 1.32 | |||
| Semi Variance | 0.926 | |||
| Expected Short fall | (1.09) | |||
| Skewness | 0.6015 | |||
| Kurtosis | 2.62 |
| Risk Adjusted Performance | 0.0863 | |||
| Market Risk Adjusted Performance | 0.103 | |||
| Mean Deviation | 0.9554 | |||
| Semi Deviation | 0.9623 | |||
| Downside Deviation | 1.15 | |||
| Coefficient Of Variation | 929.03 | |||
| Standard Deviation | 1.27 | |||
| Variance | 1.61 | |||
| Information Ratio | (0.0008) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.0009) | |||
| Treynor Ratio | 0.093 | |||
| Maximum Drawdown | 6.83 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.07 | |||
| Downside Variance | 1.32 | |||
| Semi Variance | 0.926 | |||
| Expected Short fall | (1.09) | |||
| Skewness | 0.6015 | |||
| Kurtosis | 2.62 |
Consider Royce Micro's intraday indicators
Royce Micro intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Royce Micro stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Royce Micro Corporate Filings
| 19th of November 2024 Other Reports | ViewVerify | |
| 29th of August 2024 Other Reports | ViewVerify | |
| 28th of August 2024 Other Reports | ViewVerify | |
F4 | 19th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Royce Stock media impact
Far too much social signal, news, headlines, and media speculation about Royce Micro that are available to investors today. That information is available publicly through Royce media outlets and privately through word of mouth or via Royce internal channels. However, regardless of the origin, that massive amount of Royce data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Royce Micro news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Royce Micro relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Royce Micro's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Royce Micro alpha.
Royce Micro Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Royce Micro can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Royce Micro Corporate Directors
| Charles Royce | Pres and Interested Director | Profile | |
| Arthur Mehlman | Independent Director | Profile | |
| Stephen Isaacs | Independent Director | Profile | |
| David Meister | Independent Director | Profile |
Additional Tools for Royce Stock Analysis
When running Royce Micro's price analysis, check to measure Royce Micro'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 Royce Micro is operating at the current time. Most of Royce Micro's value examination focuses on studying past and present price action to predict the probability of Royce Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royce Micro's price. Additionally, you may evaluate how the addition of Royce Micro to your portfolios can decrease your overall portfolio volatility.