Rubellite Energy Stock Fundamentals
| RBY Stock | 2.20 0.02 0.92% |
Rubellite Energy fundamentals help investors to digest information that contributes to Rubellite Energy's financial success or failures. It also enables traders to predict the movement of Rubellite Stock. The fundamental analysis module provides a way to measure Rubellite Energy'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 Rubellite Energy stock.
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Rubellite Energy Company Return On Equity Analysis
Rubellite Energy'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 Rubellite Energy Return On Equity | 0.11 |
Most of Rubellite Energy'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, Rubellite Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Rubellite Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Rubellite Energy is extremely important. It helps to project a fair market value of Rubellite Stock properly, considering its historical fundamentals such as Return On Equity. Since Rubellite Energy'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 Rubellite Energy'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 Rubellite Energy's interrelated accounts and indicators.
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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.
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Rubellite Total Stockholder Equity
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Based on the latest financial disclosure, Rubellite Energy has a Return On Equity of 0.1106. This is 105.59% lower than that of the Oil, Gas & Consumable Fuels sector and 93.79% lower than that of the Energy industry. The return on equity for all Canada stocks is 135.68% lower than that of the firm.
Rubellite Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rubellite Energy's current stock value. Our valuation model uses many indicators to compare Rubellite Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rubellite Energy competition to find correlations between indicators driving Rubellite Energy's intrinsic value. More Info.Rubellite Energy is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 0.79 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Rubellite Energy is roughly 1.26 . At this time, Rubellite Energy's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Rubellite Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Rubellite Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Rubellite Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rubellite Energy'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 Rubellite Energy could also be used in its relative valuation, which is a method of valuing Rubellite Energy by comparing valuation metrics of similar companies.Rubellite Energy is currently under evaluation in return on equity category among its peers.
Rubellite Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0879 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.50 % | ||||
| Current Valuation | 231.95 M | ||||
| Shares Outstanding | 92.95 M | ||||
| Shares Owned By Insiders | 47.75 % | ||||
| Shares Owned By Institutions | 0.29 % | ||||
| Number Of Shares Shorted | 8.71 K | ||||
| Price To Book | 0.87 X | ||||
| Price To Sales | 1.91 X | ||||
| Revenue | 80.45 M | ||||
| Gross Profit | 44.38 M | ||||
| EBITDA | 50.02 M | ||||
| Net Income | 18.56 M | ||||
| Cash And Equivalents | 1.95 M | ||||
| Total Debt | 29.32 M | ||||
| Book Value Per Share | 3.19 X | ||||
| Cash Flow From Operations | 55.39 M | ||||
| Short Ratio | 0.16 X | ||||
| Earnings Per Share | 0.51 X | ||||
| Target Price | 3.81 | ||||
| Beta | 1.05 | ||||
| Market Capitalization | 202.63 M | ||||
| Total Asset | 271.15 M | ||||
| Retained Earnings | 50.87 M | ||||
| Working Capital | (12.95 M) | ||||
| Net Asset | 271.15 M |
About Rubellite Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rubellite Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rubellite Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rubellite Energy 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 | ||
| Total Revenue | 80.5 M | 51.3 M | |
| Cost Of Revenue | 51 M | 28.3 M | |
| Stock Based Compensation To Revenue | 0.04 | 0.05 | |
| Sales General And Administrative To Revenue | 0.09 | 0.09 | |
| Capex To Revenue | 0.89 | 0.84 | |
| Revenue Per Share | 1.33 | 1.40 | |
| Ebit Per Revenue | 0.58 | 0.61 |
Pair Trading with Rubellite Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rubellite Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rubellite Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Rubellite Stock
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| 0.56 | ENS | E Split Corp | PairCorr |
| 0.45 | ENB-PFU | Enbridge Pref L | PairCorr |
| 0.39 | ENS-PA | E Split Corp | PairCorr |
The ability to find closely correlated positions to Rubellite Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rubellite Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rubellite Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rubellite Energy to buy it.
The correlation of Rubellite Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rubellite Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rubellite Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rubellite Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Rubellite Stock
Rubellite Energy financial ratios help investors to determine whether Rubellite Stock 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 Rubellite with respect to the benefits of owning Rubellite Energy security.