Majestic Gold Corp Stock Fundamentals
| MJS Stock | CAD 0.08 0.00 0.00% |
Majestic Gold Corp fundamentals help investors to digest information that contributes to Majestic Gold's financial success or failures. It also enables traders to predict the movement of Majestic Stock. The fundamental analysis module provides a way to measure Majestic 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 Majestic Gold stock.
At this time, Majestic Gold's Net Income Applicable To Common Shares is fairly stable compared to the past year. Net Interest Income is likely to climb to about 924.5 K in 2024, whereas Total Operating Expenses is likely to drop slightly above 5.2 M in 2024. Majestic | Select Account or Indicator |
Majestic Gold Corp Company Return On Asset Analysis
Majestic 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.
Current Majestic Gold Return On Asset | 0.0839 |
Most of Majestic 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, Majestic Gold Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Majestic Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Majestic Gold is extremely important. It helps to project a fair market value of Majestic Stock properly, considering its historical fundamentals such as Return On Asset. Since Majestic Gold'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 Majestic Gold'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 Majestic Gold's interrelated accounts and indicators.
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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.
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Majestic Total Assets
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Based on the latest financial disclosure, Majestic Gold Corp has a Return On Asset of 0.0839. This is 88.66% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on asset for all Canada stocks is 159.93% lower than that of the firm.
Majestic Gold Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Majestic Gold's current stock value. Our valuation model uses many indicators to compare Majestic Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Majestic Gold competition to find correlations between indicators driving Majestic Gold's intrinsic value. More Info.Majestic Gold Corp is regarded second in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers reporting about 0.72 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Majestic Gold Corp is roughly 1.39 . At this time, Majestic Gold's Return On Equity is fairly stable compared to the past year. 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 Majestic Gold's earnings, one of the primary drivers of an investment's value.Majestic Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Majestic Gold's 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 Majestic Gold could also be used in its relative valuation, which is a method of valuing Majestic Gold by comparing valuation metrics of similar companies.Majestic Gold is currently under evaluation in return on asset category among its peers.
Majestic Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0839 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 21.62 M | ||||
| Shares Outstanding | 1.04 B | ||||
| Shares Owned By Insiders | 12.81 % | ||||
| Number Of Shares Shorted | 22.14 K | ||||
| Price To Earning | 12.00 X | ||||
| Price To Book | 0.51 X | ||||
| Price To Sales | 1.30 X | ||||
| Revenue | 55.03 M | ||||
| Gross Profit | 25.78 M | ||||
| EBITDA | 26.53 M | ||||
| Net Income | 12.23 M | ||||
| Cash And Equivalents | 22.62 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 4.29 M | ||||
| Debt To Equity | 18.50 % | ||||
| Current Ratio | 1.11 X | ||||
| Book Value Per Share | 0.11 X | ||||
| Cash Flow From Operations | 24.49 M | ||||
| Short Ratio | 0.11 X | ||||
| Earnings Per Share | 0.02 X | ||||
| Beta | 1.29 | ||||
| Market Capitalization | 78.2 M | ||||
| Total Asset | 187.23 M | ||||
| Retained Earnings | (27.2 M) | ||||
| Working Capital | 76.46 M | ||||
| Annual Yield | 0.09 % | ||||
| Net Asset | 187.23 M |
About Majestic Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Majestic Gold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Majestic Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Majestic Gold Corp 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 | ||
| Current Deferred Revenue | 17.5 M | 9 M | |
| Total Revenue | 55 M | 35.6 M | |
| Cost Of Revenue | 28.5 M | 22.1 M | |
| Stock Based Compensation To Revenue | 0.03 | 0.03 | |
| Sales General And Administrative To Revenue | 0.14 | 0.28 | |
| Research And Ddevelopement To Revenue | 0.02 | 0.01 | |
| Capex To Revenue | 0.20 | 0.35 | |
| Revenue Per Share | 0.05 | 0.03 | |
| Ebit Per Revenue | 0.34 | 0.36 |
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Additional Tools for Majestic Stock Analysis
When running Majestic Gold's price analysis, check to measure Majestic Gold'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 Majestic Gold is operating at the current time. Most of Majestic Gold's value examination focuses on studying past and present price action to predict the probability of Majestic Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Majestic Gold's price. Additionally, you may evaluate how the addition of Majestic Gold to your portfolios can decrease your overall portfolio volatility.