Bluestone Resources Stock Return On Equity
| BSR Stock | CAD 0.31 0.01 3.33% |
Bluestone Resources fundamentals help investors to digest information that contributes to Bluestone Resources' financial success or failures. It also enables traders to predict the movement of Bluestone Stock. The fundamental analysis module provides a way to measure Bluestone 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 Bluestone Resources stock.
| Last Reported | Projected for Next Year |
Bluestone | Return On Equity |
Bluestone Resources Company Return On Equity Analysis
Bluestone 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 Bluestone Resources Return On Equity | -0.28 |
Most of Bluestone 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, Bluestone Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bluestone Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Bluestone Resources is extremely important. It helps to project a fair market value of Bluestone Stock properly, considering its historical fundamentals such as Return On Equity. Since Bluestone Resources' 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 Bluestone Resources' 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 Bluestone Resources' interrelated accounts and indicators.
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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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Bluestone Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Bluestone Resources has a Return On Equity of -0.2823. This is 131.02% lower than that of the Metals & Mining sector and 158.81% lower than that of the Materials industry. The return on equity for all Canada stocks is 8.94% lower than that of the firm.
Bluestone Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bluestone 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 Bluestone Resources could also be used in its relative valuation, which is a method of valuing Bluestone Resources by comparing valuation metrics of similar companies.Bluestone Resources is currently under evaluation in return on equity category among its peers.
Bluestone Resources Current Valuation Drivers
We derive many important indicators used in calculating different scores of Bluestone Resources from analyzing Bluestone Resources' financial statements. These drivers represent accounts that assess Bluestone Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Bluestone Resources' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 83.4M | 189.5M | 254.2M | 47.2M | 24.5M | 26.1M | |
| Enterprise Value | 80.6M | 140.2M | 236.0M | 51.5M | 35.9M | 22.6M |
Bluestone Fundamentals
| Return On Equity | -0.28 | ||||
| Return On Asset | -0.0874 | ||||
| Current Valuation | 66.46 M | ||||
| Shares Outstanding | 152.16 M | ||||
| Shares Owned By Insiders | 38.56 % | ||||
| Shares Owned By Institutions | 16.74 % | ||||
| Number Of Shares Shorted | 69 K | ||||
| Price To Earning | (4.53) X | ||||
| Price To Book | 1.39 X | ||||
| EBITDA | (7.03 K) | ||||
| Net Income | (8.31 M) | ||||
| Cash And Equivalents | 16.47 M | ||||
| Cash Per Share | 0.20 X | ||||
| Total Debt | 12 M | ||||
| Debt To Equity | 0.40 % | ||||
| Current Ratio | 10.79 X | ||||
| Book Value Per Share | 0.15 X | ||||
| Cash Flow From Operations | (9.59 M) | ||||
| Short Ratio | 0.11 X | ||||
| Earnings Per Share | (0.07) X | ||||
| Target Price | 0.75 | ||||
| Beta | 1.93 | ||||
| Market Capitalization | 46.41 M | ||||
| Total Asset | 54.35 M | ||||
| Retained Earnings | (176.75 M) | ||||
| Working Capital | (2.55 M) | ||||
| Net Asset | 54.35 M |
About Bluestone Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bluestone Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bluestone Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bluestone 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.
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Additional Tools for Bluestone Stock Analysis
When running Bluestone Resources' price analysis, check to measure Bluestone Resources' 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 Bluestone Resources is operating at the current time. Most of Bluestone Resources' value examination focuses on studying past and present price action to predict the probability of Bluestone Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluestone Resources' price. Additionally, you may evaluate how the addition of Bluestone Resources to your portfolios can decrease your overall portfolio volatility.