Mcchip Resources Stock Fundamentals
| MCS Stock | CAD 0.80 0.00 0.00% |
McChip Resources fundamentals help investors to digest information that contributes to McChip Resources' financial success or failures. It also enables traders to predict the movement of McChip Stock. The fundamental analysis module provides a way to measure McChip Resources' 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 McChip Resources stock.
At this time, McChip Resources' Gross Profit is fairly stable compared to the past year. Net Income From Continuing Ops is likely to climb to about 591.3 K in 2024, whereas Total Revenue is likely to drop slightly above 335.1 K in 2024. McChip | Select Account or Indicator |
McChip Resources Company Return On Asset Analysis
McChip Resources' 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 McChip Resources Return On Asset | 0.17 |
Most of McChip Resources' 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, McChip Resources 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 |
McChip Total Assets
Total Assets |
|
Based on the latest financial disclosure, McChip Resources has a Return On Asset of 0.1701. This is 325.25% higher than that of the Oil, Gas & Consumable Fuels sector and 102.34% lower than that of the Energy industry. The return on asset for all Canada stocks is notably lower than that of the firm.
McChip Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining McChip Resources's current stock value. Our valuation model uses many indicators to compare McChip Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across McChip Resources competition to find correlations between indicators driving McChip Resources's intrinsic value. More Info.McChip Resources is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for McChip Resources is roughly 2.02 . 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 McChip Resources' earnings, one of the primary drivers of an investment's value.McChip Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses McChip Resources' 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 McChip Resources could also be used in its relative valuation, which is a method of valuing McChip Resources by comparing valuation metrics of similar companies.McChip Resources is currently under evaluation in return on asset category among its peers.
McChip Fundamentals
| Return On Equity | 0.34 | ||||
| Return On Asset | 0.17 | ||||
| Profit Margin | 0.77 % | ||||
| Operating Margin | 0.89 % | ||||
| Current Valuation | (3.83 M) | ||||
| Shares Outstanding | 5.71 M | ||||
| Shares Owned By Insiders | 58.31 % | ||||
| Number Of Shares Shorted | 6 | ||||
| Price To Earning | 2.72 X | ||||
| Price To Book | 0.47 X | ||||
| Price To Sales | 1.21 X | ||||
| Revenue | 480.49 K | ||||
| Gross Profit | 289.42 K | ||||
| EBITDA | 2.93 M | ||||
| Net Income | 563.13 K | ||||
| Cash And Equivalents | 6.42 M | ||||
| Cash Per Share | 1.13 X | ||||
| Total Debt | 1.78 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 8.54 X | ||||
| Book Value Per Share | 1.71 X | ||||
| Cash Flow From Operations | (149.1 K) | ||||
| Short Ratio | 2.04 X | ||||
| Earnings Per Share | 0.51 X | ||||
| Beta | 0.46 | ||||
| Market Capitalization | 4.57 M | ||||
| Total Asset | 10.34 M | ||||
| Retained Earnings | 1.84 M | ||||
| Working Capital | 7.28 M | ||||
| Annual Yield | 0.05 % | ||||
| Net Asset | 10.34 M | ||||
| Last Dividend Paid | 0.04 |
About McChip Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze McChip Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of McChip Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of McChip Resources 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 | ||
| Total Revenue | 480.5 K | 335.1 K | |
| Cost Of Revenue | 27.6 K | 29 K |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for McChip Stock Analysis
When running McChip Resources' price analysis, check to measure McChip Resources' 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 McChip Resources is operating at the current time. Most of McChip Resources' value examination focuses on studying past and present price action to predict the probability of McChip Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McChip Resources' price. Additionally, you may evaluate how the addition of McChip Resources to your portfolios can decrease your overall portfolio volatility.