Permex Petroleum Stock Return On Asset
| OILCF Stock | USD 2.54 0.16 5.93% |
Permex Petroleum fundamentals help investors to digest information that contributes to Permex Petroleum's financial success or failures. It also enables traders to predict the movement of Permex Pink Sheet. The fundamental analysis module provides a way to measure Permex Petroleum'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 Permex Petroleum pink sheet.
Permex |
Permex Petroleum Company Return On Asset Analysis
Permex Petroleum'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 Permex Petroleum Return On Asset | -0.17 |
Most of Permex Petroleum'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, Permex Petroleum 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, Permex Petroleum has a Return On Asset of -0.1673. This is 518.25% lower than that of the Energy sector and 97.7% lower than that of the Oil & Gas E&P industry. The return on asset for all United States stocks is 19.5% higher than that of the company.
Permex Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Permex Petroleum's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Permex Petroleum could also be used in its relative valuation, which is a method of valuing Permex Petroleum by comparing valuation metrics of similar companies.Permex Petroleum is currently under evaluation in return on asset category among its peers.
Permex Fundamentals
| Return On Equity | -0.34 | |||
| Return On Asset | -0.17 | |||
| Current Valuation | 929.07 K | |||
| Shares Outstanding | 1.93 M | |||
| Shares Owned By Insiders | 32.57 % | |||
| Shares Owned By Institutions | 9.58 % | |||
| Price To Book | 0.57 X | |||
| Price To Sales | 6.82 X | |||
| Revenue | 106.89 K | |||
| Gross Profit | 49.27 K | |||
| EBITDA | (1.43 M) | |||
| Net Income | (1.59 M) | |||
| Cash And Equivalents | 5.37 M | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 40 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 5.49 X | |||
| Book Value Per Share | 5.98 X | |||
| Cash Flow From Operations | (951.57 K) | |||
| Earnings Per Share | (0.03) X | |||
| Beta | 4.05 | |||
| Market Capitalization | 11.54 M | |||
| Total Asset | 10.37 M | |||
| Net Asset | 10.37 M |
About Permex Petroleum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Permex Petroleum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Permex Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Permex Petroleum 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.
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Other Information on Investing in Permex Pink Sheet
Permex Petroleum financial ratios help investors to determine whether Permex 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 Permex with respect to the benefits of owning Permex Petroleum security.