Permex Petroleum Stock Return On Equity
| 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 Equity Analysis
Permex Petroleum'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 Permex Petroleum Return On Equity | -0.34 |
Most of Permex Petroleum'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, Permex Petroleum 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, Permex Petroleum has a Return On Equity of -0.3401. This is 82.82% lower than that of the Energy sector and 119.11% lower than that of the Oil & Gas E&P industry. The return on equity for all United States stocks is 9.71% higher than that of the company.
Permex Return On Equity 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 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 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 equity 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.
Currently Active Assets on Macroaxis
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.