Datable Technology Corp Stock Return On Equity

DAC Stock  CAD 0.04  0.00  0.00%   
Datable Technology Corp fundamentals help investors to digest information that contributes to Datable Technology's financial success or failures. It also enables traders to predict the movement of Datable Stock. The fundamental analysis module provides a way to measure Datable Technology'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 Datable Technology stock.
Last ReportedProjected for Next Year
Return On Equity 0.72  0.69 
Return On Equity is likely to drop to 0.69 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Datable Technology Corp Company Return On Equity Analysis

Datable Technology'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 Datable Technology Return On Equity

    
  0.69  
Most of Datable Technology'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, Datable Technology Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Datable Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Datable Technology is extremely important. It helps to project a fair market value of Datable Stock properly, considering its historical fundamentals such as Return On Equity. Since Datable Technology'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 Datable Technology'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 Datable Technology's interrelated accounts and indicators.
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

Datable Total Stockholder Equity

Total Stockholder Equity

(4.78 Million)

Datable Technology reported Total Stockholder Equity of (5.03 Million) in 2023

Datable Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Datable Technology's 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 Datable Technology could also be used in its relative valuation, which is a method of valuing Datable Technology by comparing valuation metrics of similar companies.
Datable Technology is currently under evaluation in return on equity category among its peers.

Datable Technology Current Valuation Drivers

We derive many important indicators used in calculating different scores of Datable Technology from analyzing Datable Technology's financial statements. These drivers represent accounts that assess Datable Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Datable Technology's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.3M1.3M75.7M2.5M2.9M2.8M
Enterprise Value2.1M966.4K77.5M5.3M6.1M5.8M

Datable Fundamentals

About Datable Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Datable Technology Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Datable Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Datable Technology Corp 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Datable Stock Analysis

When running Datable Technology's price analysis, check to measure Datable Technology'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 Datable Technology is operating at the current time. Most of Datable Technology's value examination focuses on studying past and present price action to predict the probability of Datable Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Datable Technology's price. Additionally, you may evaluate how the addition of Datable Technology to your portfolios can decrease your overall portfolio volatility.