Concorde Gaming Stock Return On Equity

CGAM Stock  USD 0.0001  0.00  0.00%   
Concorde Gaming fundamentals help investors to digest information that contributes to Concorde Gaming's financial success or failures. It also enables traders to predict the movement of Concorde Pink Sheet. The fundamental analysis module provides a way to measure Concorde Gaming'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 Concorde Gaming pink sheet.
  
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Concorde Gaming Company Return On Equity Analysis

Concorde Gaming'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Concorde Gaming Return On Equity

    
  -8.29  
Most of Concorde Gaming'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, Concorde Gaming 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, Concorde Gaming has a Return On Equity of -8.2856. This is 330.16% lower than that of the Hotels, Restaurants & Leisure sector and 165.81% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is notably higher than that of the company.

Concorde Return On Equity Peer Comparison

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

Concorde Fundamentals

About Concorde Gaming Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Concorde Gaming's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Concorde Gaming using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Concorde Gaming 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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Other Information on Investing in Concorde Pink Sheet

Concorde Gaming financial ratios help investors to determine whether Concorde Pink Sheet 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 Concorde with respect to the benefits of owning Concorde Gaming security.