Legacy Iron Ore Stock Fundamentals

LCY Stock   0.01  0  20.63%   
Legacy Iron Ore fundamentals help investors to digest information that contributes to Legacy Iron's financial success or failures. It also enables traders to predict the movement of Legacy Stock. The fundamental analysis module provides a way to measure Legacy Iron'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 Legacy Iron stock.
At this time, Legacy Iron's Selling General Administrative is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 15 M in 2024, despite the fact that Operating Income is likely to grow to (11.2 M).
  
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Legacy Iron Ore Company Return On Asset Analysis

Legacy Iron'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.

Return On Asset

 = 

Net Income

Total Assets

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Current Legacy Iron Return On Asset

    
  -0.52  
Most of Legacy Iron'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, Legacy Iron Ore is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Legacy Total Assets

Total Assets

49.58 Million

At this time, Legacy Iron's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Legacy Iron Ore has a Return On Asset of -0.5249. This is 170.93% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on asset for all Australia stocks is notably higher than that of the company.

Legacy Iron Ore Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Legacy Iron's current stock value. Our valuation model uses many indicators to compare Legacy Iron value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Legacy Iron competition to find correlations between indicators driving Legacy Iron's intrinsic value. More Info.
Legacy Iron Ore is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Legacy Iron's earnings, one of the primary drivers of an investment's value.

Legacy Return On Asset Peer Comparison

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

Legacy Fundamentals

About Legacy Iron Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Legacy Iron Ore's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Legacy Iron using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Legacy Iron Ore 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 ReportedProjected for Next Year
Cost Of Revenue52.6 K35.9 K
Total Revenue2.1 M2.2 M

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Additional Tools for Legacy Stock Analysis

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