Reliance Global Group Stock Fundamentals
| RELIW Stock | USD 0.03 0.02 35.90% |
Reliance Global Group fundamentals help investors to digest information that contributes to Reliance Global's financial success or failures. It also enables traders to predict the movement of Reliance Stock. The fundamental analysis module provides a way to measure Reliance Global'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 Reliance Global stock.
At this time, Reliance Global's Total Revenue is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 29 M in 2024, whereas Interest Expense is likely to drop slightly above 1.6 M in 2024. Reliance | Select Account or Indicator |
Reliance Global Group Company Return On Equity Analysis
Reliance Global'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 Reliance Global Return On Equity | -1.99 |
Most of Reliance Global'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, Reliance Global Group 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.
CompetitionReliance Total Stockholder Equity
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Based on the latest financial disclosure, Reliance Global Group has a Return On Equity of -1.9854. This is much lower than that of the Insurance sector and significantly lower than that of the Financials industry. The return on equity for all United States stocks is notably higher than that of the company.
Reliance Global Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reliance Global's current stock value. Our valuation model uses many indicators to compare Reliance Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reliance Global competition to find correlations between indicators driving Reliance Global's intrinsic value. More Info.Reliance Global Group is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, Reliance Global's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Reliance Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Reliance Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliance Global'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 Reliance Global could also be used in its relative valuation, which is a method of valuing Reliance Global by comparing valuation metrics of similar companies.Reliance Global is currently under evaluation in return on equity category among its peers.
Reliance Global Current Valuation Drivers
We derive many important indicators used in calculating different scores of Reliance Global from analyzing Reliance Global's financial statements. These drivers represent accounts that assess Reliance Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Reliance Global's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.4B | 638.9M | 1.1B | 158.6M | 25.7M | 24.5M | |
| Enterprise Value | 1.4B | 652.8M | 1.1B | 174.4M | 39.0M | 37.0M |
Reliance Fundamentals
| Return On Equity | -1.99 | ||||
| Return On Asset | -0.11 | ||||
| Profit Margin | (1.19) % | ||||
| Operating Margin | (0.15) % | ||||
| Number Of Shares Shorted | 11.08 K | ||||
| Revenue | 13.73 M | ||||
| EBITDA | (8.92 M) | ||||
| Net Income | (12.01 M) | ||||
| Cash And Equivalents | 13.28 K | ||||
| Total Debt | 14.54 M | ||||
| Current Ratio | 0.09 X | ||||
| Book Value Per Share | 1.94 X | ||||
| Cash Flow From Operations | (847.97 K) | ||||
| Number Of Employees | 67 | ||||
| Beta | 0.28 | ||||
| Market Capitalization | 39.24 M | ||||
| Total Asset | 23.02 M | ||||
| Retained Earnings | (39 M) | ||||
| Working Capital | 1.19 M | ||||
| Net Asset | 23.02 M |
About Reliance Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reliance Global Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Global Group 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 | ||
| Current Deferred Revenue | 111.5 K | 105.9 K | |
| Total Revenue | 13.7 M | 14.4 M | |
| Cost Of Revenue | 11.2 M | 11.8 M | |
| Stock Based Compensation To Revenue | 0.06 | 0.06 | |
| Sales General And Administrative To Revenue | 0.30 | 0.28 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 4.87 | 4.63 | |
| Ebit Per Revenue | (1.01) | (1.06) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Reliance Stock Analysis
When running Reliance Global's price analysis, check to measure Reliance Global'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 Reliance Global is operating at the current time. Most of Reliance Global's value examination focuses on studying past and present price action to predict the probability of Reliance Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Global's price. Additionally, you may evaluate how the addition of Reliance Global to your portfolios can decrease your overall portfolio volatility.