Flora Growth Corp Stock Return On Equity

FLGC Stock  USD 1.43  0.12  9.16%   
Flora Growth Corp fundamentals help investors to digest information that contributes to Flora Growth's financial success or failures. It also enables traders to predict the movement of Flora Stock. The fundamental analysis module provides a way to measure Flora Growth'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 Flora Growth stock.
Last ReportedProjected for Next Year
Return On Equity(8.91)(8.46)
The current year's Return On Equity is expected to grow to -8.46.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Flora Growth Corp Company Return On Equity Analysis

Flora Growth'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 Flora Growth Return On Equity

    
  -1.35  
Most of Flora Growth'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, Flora Growth Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Flora Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Flora Growth is extremely important. It helps to project a fair market value of Flora Stock properly, considering its historical fundamentals such as Return On Equity. Since Flora Growth'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 Flora Growth'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 Flora Growth's interrelated accounts and indicators.
0.930.850.18-0.73-0.610.790.870.770.94-0.160.960.610.850.360.850.840.83-0.270.890.18
0.930.65-0.06-0.86-0.330.610.720.591.0-0.470.890.770.930.040.870.640.620.060.95-0.06
0.850.650.67-0.49-0.920.870.940.860.660.280.90.360.640.740.561.00.99-0.670.550.67
0.18-0.060.670.09-0.850.520.560.54-0.050.720.33-0.140.030.87-0.120.680.69-0.8-0.171.0
-0.73-0.86-0.490.090.13-0.24-0.43-0.21-0.850.67-0.81-0.97-0.980.19-0.49-0.47-0.43-0.09-0.660.09
-0.61-0.33-0.92-0.850.13-0.85-0.87-0.85-0.35-0.61-0.66-0.01-0.31-0.93-0.35-0.93-0.930.82-0.28-0.85
0.790.610.870.52-0.24-0.850.971.00.620.320.730.070.440.70.760.870.86-0.440.660.52
0.870.720.940.56-0.43-0.870.970.970.730.230.860.290.610.680.750.950.94-0.470.710.56
0.770.590.860.54-0.21-0.851.00.970.610.360.710.050.410.720.750.860.87-0.440.650.54
0.941.00.66-0.05-0.85-0.350.620.730.61-0.450.90.770.930.050.870.650.640.050.95-0.05
-0.16-0.470.280.720.67-0.610.320.230.36-0.45-0.16-0.69-0.540.85-0.230.30.35-0.74-0.380.72
0.960.890.90.33-0.81-0.660.730.860.710.9-0.160.70.910.390.70.890.87-0.370.760.33
0.610.770.36-0.14-0.97-0.010.070.290.050.77-0.690.70.92-0.270.370.350.330.140.57-0.14
0.850.930.640.03-0.98-0.310.440.610.410.93-0.540.910.92-0.020.630.630.59-0.020.760.03
0.360.040.740.870.19-0.930.70.680.720.050.850.39-0.27-0.020.140.760.79-0.880.040.87
0.850.870.56-0.12-0.49-0.350.760.750.750.87-0.230.70.370.630.140.560.560.120.97-0.12
0.840.641.00.68-0.47-0.930.870.950.860.650.30.890.350.630.760.561.0-0.680.550.68
0.830.620.990.69-0.43-0.930.860.940.870.640.350.870.330.590.790.561.0-0.690.550.69
-0.270.06-0.67-0.8-0.090.82-0.44-0.47-0.440.05-0.74-0.370.14-0.02-0.880.12-0.68-0.690.16-0.8
0.890.950.55-0.17-0.66-0.280.660.710.650.95-0.380.760.570.760.040.970.550.550.16-0.17
0.18-0.060.671.00.09-0.850.520.560.54-0.050.720.33-0.140.030.87-0.120.680.69-0.8-0.17
Click cells to compare fundamentals
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

Flora Total Stockholder Equity

Total Stockholder Equity

6.08 Million

At present, Flora Growth's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Flora Growth Corp has a Return On Equity of -1.3537. This is 94.35% lower than that of the Biotechnology sector and significantly lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.

Flora Return On Equity Peer Comparison

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

Flora Fundamentals

About Flora Growth Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Flora Growth Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Flora Growth's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Flora Growth Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Flora Growth Corp Stock:
Check out Flora Growth Piotroski F Score and Flora Growth Altman Z Score analysis.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flora Growth. If investors know Flora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flora Growth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.35)
Revenue Per Share
7.41
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.17)
Return On Equity
(1.35)
The market value of Flora Growth Corp is measured differently than its book value, which is the value of Flora that is recorded on the company's balance sheet. Investors also form their own opinion of Flora Growth's value that differs from its market value or its book value, called intrinsic value, which is Flora Growth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flora Growth's market value can be influenced by many factors that don't directly affect Flora Growth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flora Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flora Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flora Growth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.