Westgold Resources Stock Return On Equity

0W2 Stock  EUR 1.79  0.07  4.07%   
Westgold Resources fundamentals help investors to digest information that contributes to Westgold Resources' financial success or failures. It also enables traders to predict the movement of Westgold Stock. The fundamental analysis module provides a way to measure Westgold Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westgold Resources stock.
  
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Westgold Resources Company Return On Equity Analysis

Westgold 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Westgold Resources Return On Equity

    
  -0.24  
Most of Westgold 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, Westgold Resources 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, Westgold Resources has a Return On Equity of -0.2373. This is 126.08% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on equity for all Germany stocks is 23.45% lower than that of the firm.

Westgold Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westgold Resources' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westgold Resources could also be used in its relative valuation, which is a method of valuing Westgold Resources by comparing valuation metrics of similar companies.
Westgold Resources is currently under evaluation in return on equity category among its peers.

Westgold Fundamentals

About Westgold Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Westgold Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westgold Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westgold Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Other Information on Investing in Westgold Stock

Westgold Resources financial ratios help investors to determine whether Westgold 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 Westgold with respect to the benefits of owning Westgold Resources security.