Phenom Financial Statements From 2010 to 2024
PHNMF Stock | USD 0.28 0.02 6.67% |
Check Phenom Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phenom Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Phenom financial statements analysis is a perfect complement when working with Phenom Resources Valuation or Volatility modules.
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Phenom Resources Corp OTC Stock Return On Equity Analysis
Phenom Resources' 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 Phenom Resources Return On Equity | -0.0899 |
Most of Phenom Resources' 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, Phenom Resources Corp 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.
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Based on the latest financial disclosure, Phenom Resources Corp has a Return On Equity of -0.0899. This is 109.88% lower than that of the Basic Materials sector and 189.9% lower than that of the Gold industry. The return on equity for all United States stocks is 71.0% lower than that of the firm.
Phenom Resources Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Phenom Resources's current stock value. Our valuation model uses many indicators to compare Phenom Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Phenom Resources competition to find correlations between indicators driving Phenom Resources's intrinsic value. More Info.Phenom Resources Corp is regarded fourth in return on equity category among its peers. It is considered to be number one stock 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 Phenom Resources' earnings, one of the primary drivers of an investment's value.About Phenom Resources Financial Statements
Phenom Resources stakeholders use historical fundamental indicators, such as Phenom Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Phenom Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Phenom Resources' assets and liabilities are reflected in the revenues and expenses on Phenom Resources' 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 Phenom Resources Corp. Please read more on our technical analysis and fundamental analysis pages.
Phenom Resources Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in Canada and the United States. Phenom Resources Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada. Phenom Resources is traded on OTC Exchange in the United States.
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Other Information on Investing in Phenom OTC Stock
Phenom Resources financial ratios help investors to determine whether Phenom 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 Phenom with respect to the benefits of owning Phenom Resources security.