Osisko Development Corp Stock Return On Equity

ODV Stock  CAD 2.50  0.05  1.96%   
Osisko Development Corp fundamentals help investors to digest information that contributes to Osisko Development's financial success or failures. It also enables traders to predict the movement of Osisko Stock. The fundamental analysis module provides a way to measure Osisko Development'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 Osisko Development stock.
Last ReportedProjected for Next Year
Return On Equity(0.31)(0.33)
Return On Equity is likely to drop to -0.33 in 2024.
  
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Osisko Development Corp Company Return On Equity Analysis

Osisko Development'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 Osisko Development Return On Equity

    
  -0.33  
Most of Osisko Development'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, Osisko Development Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Osisko Return On Equity Driver Correlations

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

Osisko Other Stockholder Equity

Other Stockholder Equity

13.78 Million

At this time, Osisko Development's Other Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Osisko Development Corp has a Return On Equity of -0.3319. This is 136.47% lower than that of the Metals & Mining sector and notably lower than that of the Materials industry. The return on equity for all Canada stocks is 7.06% higher than that of the company.

Osisko Return On Equity Peer Comparison

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

Osisko Development Current Valuation Drivers

We derive many important indicators used in calculating different scores of Osisko Development from analyzing Osisko Development's financial statements. These drivers represent accounts that assess Osisko Development's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Osisko Development's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap850.7M863.2M536.5M368.1M334.0M236.4M
Enterprise Value842.7M667.8M516.7M281.3M309.1M209.6M

Osisko Fundamentals

About Osisko Development Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Osisko Stock Analysis

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