Legacy Iron Ore Stock Return On Equity

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.
  
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Legacy Iron Ore Company Return On Equity Analysis

Legacy Iron'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 Legacy Iron Return On Equity

    
  -1.24  
Most of Legacy Iron'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, Legacy Iron Ore is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Legacy Total Stockholder Equity

Total Stockholder Equity

19.95 Million

At this time, Legacy Iron's Total Stockholder Equity is comparatively stable compared to the past year.
Based on the latest financial disclosure, Legacy Iron Ore has a Return On Equity of -1.2411. This is 236.38% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all Australia stocks is notably higher than that of the company.

Legacy Return On Equity 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 Equity 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 equity 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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.