Legend Power Systems Stock Return On Equity

LPS Stock  CAD 0.20  0.01  5.26%   
Legend Power Systems fundamentals help investors to digest information that contributes to Legend Power's financial success or failures. It also enables traders to predict the movement of Legend Stock. The fundamental analysis module provides a way to measure Legend Power'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 Legend Power stock.
Last ReportedProjected for Next Year
Return On Equity(0.02)(0.02)
Return On Equity is likely to drop to -0.02 in 2024.
  
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Legend Power Systems Company Return On Equity Analysis

Legend Power'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 Legend Power Return On Equity

    
  -1.66  
Most of Legend Power'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, Legend Power Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Legend Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Legend Power is extremely important. It helps to project a fair market value of Legend Stock properly, considering its historical fundamentals such as Return On Equity. Since Legend Power'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 Legend Power'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 Legend Power's interrelated accounts and indicators.
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

Legend Total Stockholder Equity

Total Stockholder Equity

3.91 Million

At this time, Legend Power's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Legend Power Systems has a Return On Equity of -1.6616. This is 477.64% lower than that of the Electrical Equipment sector and 41.9% lower than that of the Industrials industry. The return on equity for all Canada stocks is notably higher than that of the company.

Legend Return On Equity Peer Comparison

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

Legend Power Current Valuation Drivers

We derive many important indicators used in calculating different scores of Legend Power from analyzing Legend Power's financial statements. These drivers represent accounts that assess Legend Power's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Legend Power's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap35.7M48.3M21.2M20.4M4.9M4.6M
Enterprise Value33.6M39.3M18.3M18.3M4.9M4.6M

Legend Fundamentals

About Legend Power Fundamental Analysis

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

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