Blumetric Environmental Stock Return On Asset
| BLM Stock | CAD 0.86 0.06 6.52% |
BluMetric Environmental fundamentals help investors to digest information that contributes to BluMetric Environmental's financial success or failures. It also enables traders to predict the movement of BluMetric Stock. The fundamental analysis module provides a way to measure BluMetric Environmental's 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 BluMetric Environmental stock.
Return On Assets is likely to drop to -0.25 in 2024. BluMetric | Return On Asset |
BluMetric Environmental Company Return On Asset Analysis
BluMetric Environmental's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current BluMetric Environmental Return On Asset | 0.0569 |
Most of BluMetric Environmental's fundamental indicators, such as Return On Asset, 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, BluMetric Environmental is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
BluMetric Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for BluMetric Environmental is extremely important. It helps to project a fair market value of BluMetric Stock properly, considering its historical fundamentals such as Return On Asset. Since BluMetric Environmental's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BluMetric Environmental's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BluMetric Environmental's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, BluMetric Environmental has a Return On Asset of 0.0569. This is 111.16% lower than that of the Commercial Services & Supplies sector and 100.53% lower than that of the Industrials industry. The return on asset for all Canada stocks is 140.64% lower than that of the firm.
BluMetric Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BluMetric Environmental's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BluMetric Environmental could also be used in its relative valuation, which is a method of valuing BluMetric Environmental by comparing valuation metrics of similar companies.BluMetric Environmental is currently under evaluation in return on asset category among its peers.
BluMetric Environmental Current Valuation Drivers
We derive many important indicators used in calculating different scores of BluMetric Environmental from analyzing BluMetric Environmental's financial statements. These drivers represent accounts that assess BluMetric Environmental's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of BluMetric Environmental's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.7M | 20.4M | 10.6M | 8.8M | 221.0K | 210.0K | |
| Enterprise Value | 5.1M | 18.3M | 7.8M | 8.6M | 1.7M | 1.6M |
BluMetric Fundamentals
| Return On Equity | 0.0897 | ||||
| Return On Asset | 0.0569 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 28.3 M | ||||
| Shares Outstanding | 31.79 M | ||||
| Shares Owned By Insiders | 10.68 % | ||||
| Number Of Shares Shorted | 3.05 K | ||||
| Price To Earning | 5.75 X | ||||
| Price To Book | 2.15 X | ||||
| Price To Sales | 0.80 X | ||||
| Revenue | 35.08 M | ||||
| Gross Profit | 7.56 M | ||||
| EBITDA | 1.78 M | ||||
| Net Income | 506.72 K | ||||
| Cash And Equivalents | 3.79 M | ||||
| Cash Per Share | 0.13 X | ||||
| Total Debt | 2.8 M | ||||
| Debt To Equity | 0.35 % | ||||
| Current Ratio | 2.53 X | ||||
| Book Value Per Share | 0.43 X | ||||
| Cash Flow From Operations | (462.95 K) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | 0.04 X | ||||
| Target Price | 0.67 | ||||
| Number Of Employees | 200 | ||||
| Beta | 1.41 | ||||
| Market Capitalization | 27.34 M | ||||
| Total Asset | 20.05 M | ||||
| Retained Earnings | 5.4 M | ||||
| Working Capital | 11.1 M | ||||
| Current Asset | 19 M | ||||
| Current Liabilities | 8 M | ||||
| Net Asset | 20.05 M |
About BluMetric Environmental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BluMetric Environmental's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BluMetric Environmental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BluMetric Environmental 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.
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Additional Tools for BluMetric Stock Analysis
When running BluMetric Environmental's price analysis, check to measure BluMetric Environmental'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 BluMetric Environmental is operating at the current time. Most of BluMetric Environmental's value examination focuses on studying past and present price action to predict the probability of BluMetric Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BluMetric Environmental's price. Additionally, you may evaluate how the addition of BluMetric Environmental to your portfolios can decrease your overall portfolio volatility.