Gold Royalty Return On Equity vs. Gross Profit
| GROY Stock | USD 1.29 0.01 0.78% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.06) | Current Value (0.06) | Quarterly Volatility 0.51396248 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.32 | 0.46 |
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For Gold Royalty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Gold Royalty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Gold Royalty Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Gold Royalty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Gold Royalty Corp over time as well as its relative position and ranking within its peers.
Gold |
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gold Royalty. If investors know Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gold Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.13) | Revenue Per Share 0.051 | Quarterly Revenue Growth 1.585 | Return On Assets (0) | Return On Equity (0.04) |
The market value of Gold Royalty Corp is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Royalty's value that differs from its market value or its book value, called intrinsic value, which is Gold Royalty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gold Royalty's market value can be influenced by many factors that don't directly affect Gold Royalty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gold Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Royalty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Gold Royalty Corp Gross Profit vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Gold Royalty's current stock value. Our valuation model uses many indicators to compare Gold Royalty value to that of its competitors to determine the firm's financial worth. Gold Royalty Corp is rated below average in return on equity category among its peers. It is rated below average in gross profit category among its peers . At this time, Gold Royalty'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 Gold Royalty's earnings, one of the primary drivers of an investment's value.Gold Gross Profit vs. Return On Equity
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.
Gold Royalty |
| = | -0.036 |
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.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gold Royalty |
| = | 3.94 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Gold Gross Profit Comparison
Gold Royalty is currently under evaluation in gross profit category among its peers.
Gold Royalty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Gold Royalty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Gold Royalty will eventually generate negative long term returns. The profitability progress is the general direction of Gold Royalty's change in net profit over the period of time. It can combine multiple indicators of Gold Royalty, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 24.9 M | 26.2 M | |
| Operating Income | -8.8 M | -9.2 M | |
| Income Before Tax | -33.1 M | -31.4 M | |
| Total Other Income Expense Net | -24.3 M | -23.1 M | |
| Net Loss | -15.6 M | -16.4 M | |
| Net Loss | -26.8 M | -25.4 M | |
| Income Tax Expense | -6.1 M | -5.8 M | |
| Net Interest Income | -1.8 M | -1.7 M | |
| Interest Income | 5 M | 5.2 M | |
| Net Loss | -26.8 M | -28.1 M | |
| Change To Netincome | -1.3 M | -1.2 M | |
| Net Loss | (0.21) | (0.22) | |
| Income Quality | 0.27 | 0.44 | |
| Net Income Per E B T | 0.93 | 1.09 |
Gold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Gold Royalty. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Gold Royalty position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Gold Royalty's important profitability drivers and their relationship over time.
Use Gold Royalty in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gold Royalty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gold Royalty will appreciate offsetting losses from the drop in the long position's value.Gold Royalty Pair Trading
Gold Royalty Corp Pair Trading Analysis
The ability to find closely correlated positions to Gold Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gold Royalty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gold Royalty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gold Royalty Corp to buy it.
The correlation of Gold Royalty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gold Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gold Royalty Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gold Royalty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Gold Royalty position
In addition to having Gold Royalty in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Adviser Favorites Thematic Idea Now
Adviser Favorites
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Adviser Favorites Theme or any other thematic opportunities.
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Additional Tools for Gold Stock Analysis
When running Gold Royalty's price analysis, check to measure Gold Royalty'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 Gold Royalty is operating at the current time. Most of Gold Royalty's value examination focuses on studying past and present price action to predict the probability of Gold Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Royalty's price. Additionally, you may evaluate how the addition of Gold Royalty to your portfolios can decrease your overall portfolio volatility.