K92 Mining Stock Fundamentals
| KNT Stock | CAD 9.04 0.01 0.11% |
K92 Mining fundamentals help investors to digest information that contributes to K92 Mining's financial success or failures. It also enables traders to predict the movement of K92 Stock. The fundamental analysis module provides a way to measure K92 Mining'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 K92 Mining stock.
At this time, K92 Mining's EBITDA is very stable compared to the past year. As of the 26th of November 2024, Cost Of Revenue is likely to grow to about 117 M, while Gross Profit is likely to drop about 50.7 M. K92 | Select Account or Indicator |
K92 Mining Company Return On Asset Analysis
K92 Mining's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current K92 Mining Return On Asset | 0.0749 |
Most of K92 Mining's fundamental indicators, such as Return On Asset, 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, K92 Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
K92 Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for K92 Mining is extremely important. It helps to project a fair market value of K92 Stock properly, considering its historical fundamentals such as Return On Asset. Since K92 Mining'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 K92 Mining'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 K92 Mining's interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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K92 Total Assets
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Based on the latest financial disclosure, K92 Mining has a Return On Asset of 0.0749. This is 89.88% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on asset for all Canada stocks is 153.5% lower than that of the firm.
K92 Mining Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining K92 Mining's current stock value. Our valuation model uses many indicators to compare K92 Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across K92 Mining competition to find correlations between indicators driving K92 Mining's intrinsic value. More Info.K92 Mining is rated third overall in return on equity category among its peers. It is rated second overall in return on asset category among its peers reporting about 0.91 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for K92 Mining is roughly 1.10 . At this time, K92 Mining's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value K92 Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for K92 Mining's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.K92 Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses K92 Mining's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of K92 Mining could also be used in its relative valuation, which is a method of valuing K92 Mining by comparing valuation metrics of similar companies.K92 Mining is currently under evaluation in return on asset category among its peers.
K92 Mining Current Valuation Drivers
We derive many important indicators used in calculating different scores of K92 Mining from analyzing K92 Mining's financial statements. These drivers represent accounts that assess K92 Mining's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of K92 Mining's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 448.1M | 1.3B | 1.3B | 1.3B | 1.1B | 1.2B | |
| Enterprise Value | 441.0M | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B |
K92 Fundamentals
| Return On Equity | 0.0825 | ||||
| Return On Asset | 0.0749 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 2.07 B | ||||
| Shares Outstanding | 237.91 M | ||||
| Shares Owned By Insiders | 2.53 % | ||||
| Shares Owned By Institutions | 56.39 % | ||||
| Number Of Shares Shorted | 1.27 M | ||||
| Price To Earning | 32.83 X | ||||
| Price To Book | 3.73 X | ||||
| Price To Sales | 9.98 X | ||||
| Revenue | 200.25 M | ||||
| Gross Profit | 91.91 M | ||||
| EBITDA | 90.94 M | ||||
| Net Income | 33.16 M | ||||
| Cash And Equivalents | 109.94 M | ||||
| Cash Per Share | 0.36 X | ||||
| Total Debt | 4.76 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 3.51 X | ||||
| Book Value Per Share | 1.49 X | ||||
| Cash Flow From Operations | 74.43 M | ||||
| Short Ratio | 2.05 X | ||||
| Earnings Per Share | 0.43 X | ||||
| Target Price | 13.39 | ||||
| Beta | 1.07 | ||||
| Market Capitalization | 2.15 B | ||||
| Total Asset | 412.83 M | ||||
| Retained Earnings | 174.02 M | ||||
| Working Capital | 99.62 M | ||||
| Net Asset | 412.83 M |
About K92 Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze K92 Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of K92 Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of K92 Mining 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 33.1 M | 34.7 M | |
| Cost Of Revenue | 111.4 M | 117 M | |
| Total Revenue | 200.3 M | 117.8 M | |
| Stock Based Compensation To Revenue | 0.03 | 0.03 | |
| Sales General And Administrative To Revenue | 0.04 | 0.06 | |
| Capex To Revenue | 0.51 | 0.28 | |
| Revenue Per Share | 0.86 | 0.52 | |
| Ebit Per Revenue | 0.27 | 0.26 |
Pair Trading with K92 Mining
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if K92 Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in K92 Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with K92 Stock
| 0.88 | AG | First Majestic Silver | PairCorr |
| 0.86 | IE | Ivanhoe Energy | PairCorr |
| 0.84 | FDY | Faraday Copper Corp | PairCorr |
Moving against K92 Stock
The ability to find closely correlated positions to K92 Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace K92 Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back K92 Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling K92 Mining to buy it.
The correlation of K92 Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as K92 Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if K92 Mining moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for K92 Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in K92 Stock
K92 Mining financial ratios help investors to determine whether K92 Stock 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 K92 with respect to the benefits of owning K92 Mining security.