Newfoundland Discovery Corp Stock Fundamentals
| NEWDF Stock | USD 0.14 0.01 7.69% |
Fundamental analysis of Newfoundland Discovery allows traders to better anticipate movements in Newfoundland Discovery's stock price by examining its financial health and performance throughout various phases of its business cycle.
Newfoundland |
Newfoundland Discovery Corp Company Return On Equity Analysis
Newfoundland Discovery'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.
Current Newfoundland Discovery Return On Equity | -0.0824 |
Most of Newfoundland Discovery'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, Newfoundland Discovery Corp 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 |
Based on the latest financial disclosure, Newfoundland Discovery Corp has a Return On Equity of -0.0824. This is 109.05% lower than that of the Basic Materials sector and 182.4% lower than that of the Gold industry. The return on equity for all United States stocks is 73.42% lower than that of the firm.
Newfoundland Discovery Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newfoundland Discovery's current stock value. Our valuation model uses many indicators to compare Newfoundland Discovery value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newfoundland Discovery competition to find correlations between indicators driving Newfoundland Discovery's intrinsic value. More Info.Newfoundland Discovery Corp is regarded fourth in return on equity category among its peers. It also is regarded fourth 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 Newfoundland Discovery's earnings, one of the primary drivers of an investment's value.Newfoundland Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Newfoundland Discovery's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Newfoundland Discovery could also be used in its relative valuation, which is a method of valuing Newfoundland Discovery by comparing valuation metrics of similar companies.Newfoundland Discovery is currently under evaluation in return on equity category among its peers.
Newfoundland Fundamentals
| Return On Equity | -0.0824 | |||
| Return On Asset | -0.0419 | |||
| Current Valuation | 1.45 M | |||
| Shares Outstanding | 46.71 M | |||
| Shares Owned By Insiders | 14.01 % | |||
| Price To Book | 0.20 X | |||
| Gross Profit | (23.48 K) | |||
| EBITDA | (1.19 M) | |||
| Net Income | (1.09 M) | |||
| Cash And Equivalents | 1.42 M | |||
| Cash Per Share | 0.03 X | |||
| Current Ratio | 4.20 X | |||
| Book Value Per Share | 0.24 X | |||
| Cash Flow From Operations | (903.91 K) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 2.44 | |||
| Market Capitalization | 3.85 M | |||
| Total Asset | 12.26 M | |||
| Net Asset | 12.26 M |
About Newfoundland Discovery Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Newfoundland Discovery Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newfoundland Discovery using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newfoundland Discovery 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.Newfoundland Discovery Corp., a junior exploration company, engages in the evaluation, exploration, and development of mineral properties in Canada. Newfoundland Discovery Corp. is headquartered in Vancouver, Canada. Newfoundland Discovery is traded on OTC Exchange in the United States.
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Other Information on Investing in Newfoundland Pink Sheet
Newfoundland Discovery financial ratios help investors to determine whether Newfoundland Pink Sheet 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 Newfoundland with respect to the benefits of owning Newfoundland Discovery security.