Mayfair Gold Corp Stock Fundamentals

MFGCF Stock  USD 1.37  0.03  2.14%   
Mayfair Gold Corp fundamentals help investors to digest information that contributes to Mayfair Gold's financial success or failures. It also enables traders to predict the movement of Mayfair OTC Stock. The fundamental analysis module provides a way to measure Mayfair Gold'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 Mayfair Gold otc stock.
  
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Mayfair Gold Corp OTC Stock Return On Asset Analysis

Mayfair Gold'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

More About Return On Asset | All Equity Analysis

Current Mayfair Gold Return On Asset

    
  -0.48  
Most of Mayfair Gold'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, Mayfair Gold Corp 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

Based on the latest financial disclosure, Mayfair Gold Corp has a Return On Asset of -0.4828. This is 165.24% lower than that of the Basic Materials sector and notably higher than that of the Gold industry. The return on asset for all United States stocks is notably higher than that of the company.

Mayfair Gold Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mayfair Gold's current stock value. Our valuation model uses many indicators to compare Mayfair Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mayfair Gold competition to find correlations between indicators driving Mayfair Gold's intrinsic value. More Info.
Mayfair Gold Corp 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 . 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 Mayfair Gold's earnings, one of the primary drivers of an investment's value.

Mayfair Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mayfair Gold's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Mayfair Gold could also be used in its relative valuation, which is a method of valuing Mayfair Gold by comparing valuation metrics of similar companies.
Mayfair Gold is currently under evaluation in return on asset category among its peers.

Mayfair Fundamentals

About Mayfair Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mayfair Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mayfair Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mayfair Gold Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Mayfair Gold Corp., an exploration-stage company, acquires, explores, evaluates, and develops mineral properties. The company was incorporated in 2019 and is headquartered in Matheson, Canada. Mayfair Gold is traded on OTC Exchange in the United States.

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Other Information on Investing in Mayfair OTC Stock

Mayfair Gold financial ratios help investors to determine whether Mayfair OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mayfair with respect to the benefits of owning Mayfair Gold security.