Electric Royalties Stock Net Income
| ELEC Stock | CAD 0.14 0.01 6.67% |
Fundamental analysis of Electric Royalties allows traders to better anticipate movements in Electric Royalties' stock price by examining its financial health and performance throughout various phases of its business cycle.
| Last Reported | Projected for Next Year | ||
| Net Loss | -6.4 M | -6 M | |
| Net Loss | -2.4 M | -2.3 M | |
| Net Loss | -6.4 M | -6 M | |
| Net Loss | (0.06) | (0.07) | |
| Net Income Per E B T | 0.97 | 1.10 |
Electric | Net Income |
Electric Royalties Company Net Income Analysis
Electric Royalties' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Electric Royalties Net Income | (6.36 M) |
Most of Electric Royalties' fundamental indicators, such as Net Income, 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, Electric Royalties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Electric Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Electric Royalties is extremely important. It helps to project a fair market value of Electric Stock properly, considering its historical fundamentals such as Net Income. Since Electric Royalties' 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 Electric Royalties' 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 Electric Royalties' interrelated accounts and indicators.
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Electric Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Electric Royalties reported net income of (6.36 Million). This is 47.14% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Canada stocks is 101.11% higher than that of the company.
Electric Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Electric Royalties' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Electric Royalties could also be used in its relative valuation, which is a method of valuing Electric Royalties by comparing valuation metrics of similar companies.Electric Royalties is currently under evaluation in net income category among its peers.
Electric Royalties Current Valuation Drivers
We derive many important indicators used in calculating different scores of Electric Royalties from analyzing Electric Royalties' financial statements. These drivers represent accounts that assess Electric Royalties' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Electric Royalties' important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 8.1M | 23.0M | 24.5M | 23.5M | 15.8M | 10.9M | |
| Enterprise Value | 5.5M | 20.9M | 23.3M | 27.4M | 24.9M | 26.2M |
Electric Fundamentals
| Return On Equity | -0.55 | ||||
| Return On Asset | -0.0378 | ||||
| Operating Margin | (1.97) % | ||||
| Current Valuation | 27.69 M | ||||
| Shares Outstanding | 119.97 M | ||||
| Shares Owned By Insiders | 38.21 % | ||||
| Number Of Shares Shorted | 2.03 K | ||||
| Price To Book | 1.80 X | ||||
| Price To Sales | 63.26 X | ||||
| Revenue | 31.14 K | ||||
| Gross Profit | 284.5 K | ||||
| EBITDA | (1.08 M) | ||||
| Net Income | (6.36 M) | ||||
| Cash And Equivalents | 2.4 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 10.43 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 15.06 X | ||||
| Book Value Per Share | 0.08 X | ||||
| Cash Flow From Operations | (1.18 M) | ||||
| Short Ratio | 0.03 X | ||||
| Earnings Per Share | (0.06) X | ||||
| Target Price | 1.12 | ||||
| Beta | 1.07 | ||||
| Market Capitalization | 18 M | ||||
| Total Asset | 20.16 M | ||||
| Retained Earnings | (19.28 M) | ||||
| Working Capital | (10.22 M) | ||||
| Net Asset | 20.16 M |
About Electric Royalties Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Electric Royalties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Electric Royalties using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Electric Royalties 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 Electric Stock Analysis
When running Electric Royalties' price analysis, check to measure Electric Royalties' 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 Electric Royalties is operating at the current time. Most of Electric Royalties' value examination focuses on studying past and present price action to predict the probability of Electric Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electric Royalties' price. Additionally, you may evaluate how the addition of Electric Royalties to your portfolios can decrease your overall portfolio volatility.