Niobay Financial Statements From 2010 to 2024
| NBYCF Stock | USD 0.05 0.01 25.00% |
Check Niobay Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Niobay Metals' main balance sheet or income statement drivers, such as , as well as many indicators such as . Niobay financial statements analysis is a perfect complement when working with Niobay Metals Valuation or Volatility modules.
Niobay |
Niobay Metals OTC Stock Return On Equity Analysis
Niobay 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 Niobay Metals Return On Equity | -0.5 |
Most of Niobay 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, Niobay Metals 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, Niobay Metals has a Return On Equity of -0.5036. This is 155.34% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is 62.45% higher than that of the company.
Niobay Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Niobay Metals's current stock value. Our valuation model uses many indicators to compare Niobay Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Niobay Metals competition to find correlations between indicators driving Niobay Metals's intrinsic value. More Info.Niobay Metals is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . 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 Niobay Metals' earnings, one of the primary drivers of an investment's value.About Niobay Metals Financial Statements
Niobay Metals stakeholders use historical fundamental indicators, such as Niobay Metals' revenue or net income, to determine how well the company is positioned to perform in the future. Although Niobay Metals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Niobay Metals' assets and liabilities are reflected in the revenues and expenses on Niobay Metals' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Niobay Metals. Please read more on our technical analysis and fundamental analysis pages.
Niobay Metals Inc., a mineral resource company, acquires, explores for, evaluates, and develops mining properties in Canada. Niobay Metals Inc. was incorporated in 1954 and is based in Montreal, Canada. Niobay Metals is traded on OTC Exchange in the United States.
Currently Active Assets on Macroaxis
Other Information on Investing in Niobay OTC Stock
Niobay Metals financial ratios help investors to determine whether Niobay 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 Niobay with respect to the benefits of owning Niobay Metals security.