Goobit Group Ab Stock Return On Equity
| BTCX Stock | SEK 0.11 0.01 10.00% |
Goobit Group AB fundamentals help investors to digest information that contributes to Goobit Group's financial success or failures. It also enables traders to predict the movement of Goobit Stock. The fundamental analysis module provides a way to measure Goobit Group'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 Goobit Group stock.
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Goobit Group AB Company Return On Equity Analysis
Goobit Group's 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 Goobit Group Return On Equity | -0.46 |
Most of Goobit Group's 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, Goobit Group AB 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, Goobit Group AB has a Return On Equity of -0.4599. This is 131.72% lower than that of the Financial Services sector and 105.82% lower than that of the Capital Markets industry. The return on equity for all Sweden stocks is 48.35% higher than that of the company.
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Goobit Fundamentals
| Return On Equity | -0.46 | |||
| Return On Asset | -0.2 | |||
| Profit Margin | (0.12) % | |||
| Operating Margin | (0.12) % | |||
| Current Valuation | 17.39 M | |||
| Shares Outstanding | 137.54 M | |||
| Shares Owned By Insiders | 68.97 % | |||
| Shares Owned By Institutions | 4.55 % | |||
| Price To Book | 1.45 X | |||
| Price To Sales | 0.16 X | |||
| Revenue | 352.85 M | |||
| Gross Profit | 11.62 M | |||
| EBITDA | (10.41 M) | |||
| Net Income | (17.48 M) | |||
| Book Value Per Share | 0.19 X | |||
| Cash Flow From Operations | (11.89 M) | |||
| Earnings Per Share | (0.05) X | |||
| Number Of Employees | 12 | |||
| Market Capitalization | 44.23 M | |||
| Total Asset | 47.31 M | |||
| Z Score | 6.99 | |||
| Net Asset | 47.31 M |
About Goobit Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Goobit Group AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goobit Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goobit Group AB 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 Goobit Stock Analysis
When running Goobit Group's price analysis, check to measure Goobit Group'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 Goobit Group is operating at the current time. Most of Goobit Group's value examination focuses on studying past and present price action to predict the probability of Goobit Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goobit Group's price. Additionally, you may evaluate how the addition of Goobit Group to your portfolios can decrease your overall portfolio volatility.