Legacy Iron Ore Stock Price To Book
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.
Legacy | Price To Book |
Legacy Iron Ore Company Price To Book Analysis
Legacy Iron's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Legacy Iron Price To Book | 5.41 X |
Most of Legacy Iron's fundamental indicators, such as Price To Book, 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.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition |
Based on the latest financial disclosure, Legacy Iron Ore has a Price To Book of 5.4145 times. This is 55.55% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The price to book for all Australia stocks is 43.07% higher than that of the company.
Legacy Price To Book 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 Price To Book 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 price to book category among its peers.
Legacy Fundamentals
Return On Equity | -1.24 | ||||
Return On Asset | -0.52 | ||||
Profit Margin | (0.97) % | ||||
Operating Margin | (0.56) % | ||||
Current Valuation | 94.76 M | ||||
Shares Outstanding | 9.76 B | ||||
Shares Owned By Insiders | 95.05 % | ||||
Price To Book | 5.41 X | ||||
Price To Sales | 3.38 X | ||||
Revenue | 2.08 M | ||||
Gross Profit | 3.71 M | ||||
EBITDA | (9.53 M) | ||||
Net Income | (9.59 M) | ||||
Cash And Equivalents | 490.83 K | ||||
Total Debt | 49.77 K | ||||
Book Value Per Share | 0 X | ||||
Cash Flow From Operations | (9.95 M) | ||||
Beta | 1.11 | ||||
Market Capitalization | 97.62 M | ||||
Total Asset | 47.22 M | ||||
Retained Earnings | (68.8 M) | ||||
Working Capital | 15.21 M | ||||
Net Asset | 47.22 M |
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.
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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.