Relmada Therapeutics Return On Equity vs. Current Valuation
| RLMD Stock | USD 2.77 0.52 15.81% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (1.16) | Current Value (1.22) | Quarterly Volatility 1.37370012 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.26 | 0.31 |
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For Relmada Therapeutics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Relmada Therapeutics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Relmada Therapeutics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Relmada Therapeutics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Relmada Therapeutics over time as well as its relative position and ranking within its peers.
Relmada |
Is Pharmaceuticals 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 Relmada Therapeutics. If investors know Relmada 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 Relmada Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.86) | Return On Assets (0.59) | Return On Equity (1.00) |
The market value of Relmada Therapeutics is measured differently than its book value, which is the value of Relmada that is recorded on the company's balance sheet. Investors also form their own opinion of Relmada Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Relmada Therapeutics' 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 Relmada Therapeutics' market value can be influenced by many factors that don't directly affect Relmada Therapeutics' 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 Relmada Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Relmada Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Relmada Therapeutics' 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.
Relmada Therapeutics Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Relmada Therapeutics's current stock value. Our valuation model uses many indicators to compare Relmada Therapeutics value to that of its competitors to determine the firm's financial worth. Relmada Therapeutics is rated below average in return on equity category among its peers. It is rated below average in current valuation category among its peers . At present, Relmada Therapeutics' Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Relmada Therapeutics by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Relmada Current Valuation 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.
Relmada Therapeutics |
| = | -1.0 |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Relmada Therapeutics |
| = | 45.16 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Relmada Current Valuation vs Competition
Relmada Therapeutics is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Health Care industry is at this time estimated at about 35.57 Billion. Relmada Therapeutics adds roughly 45.16 Million in current valuation claiming only tiny portion of equities under Health Care industry.
Relmada Therapeutics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Relmada Therapeutics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Relmada Therapeutics will eventually generate negative long term returns. The profitability progress is the general direction of Relmada Therapeutics' change in net profit over the period of time. It can combine multiple indicators of Relmada Therapeutics, 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 | ||
| Operating Income | -103.7 M | -98.5 M | |
| Income Before Tax | -98.8 M | -93.9 M | |
| Total Other Income Expense Net | 4.9 M | 5.2 M | |
| Net Loss | -98.8 M | -93.9 M | |
| Income Tax Expense | -103.7 K | -108.9 K | |
| Net Interest Income | 5.2 M | 5.4 M | |
| Net Loss | -98.8 M | -103.7 M | |
| Net Loss | -141.3 M | -148.4 M | |
| Interest Income | 5.2 M | 2.9 M | |
| Non Operating Income Net Other | 1.4 M | 1.2 M | |
| Change To Netincome | 44.2 M | 46.4 M | |
| Net Loss | (3.28) | (3.45) | |
| Income Quality | 0.52 | 0.50 |
Relmada Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Relmada Therapeutics. 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 Relmada Therapeutics 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 Relmada Therapeutics' important profitability drivers and their relationship over time.
Use Relmada Therapeutics 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 Relmada Therapeutics 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 Relmada Therapeutics will appreciate offsetting losses from the drop in the long position's value.Relmada Therapeutics Pair Trading
Relmada Therapeutics Pair Trading Analysis
The ability to find closely correlated positions to Relmada Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Relmada Therapeutics 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 Relmada Therapeutics - 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 Relmada Therapeutics to buy it.
The correlation of Relmada Therapeutics 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 Relmada Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Relmada Therapeutics 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 Relmada Therapeutics 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 Relmada Therapeutics position
In addition to having Relmada Therapeutics 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?
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Check out Your Equity Center. For information on how to trade Relmada Stock refer to our How to Trade Relmada Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Relmada Therapeutics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Relmada Therapeutics at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Relmada Therapeutics' income statement, its balance sheet, and the statement of cash flows.