Royce Micro Cap Stock Book Value Per Share

RMT Stock

USD 10.33 0.15 1.47%

Royce Micro Cap fundamentals help investors to digest information that contributes to Royce Micro's financial success or failures. It also enables traders to predict the movement of Royce Stock. The fundamental analysis module provides a way to measure Royce Micro'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 Royce Micro stock.

	Last Reported	Projected for Next Year
Book Value Per Share	10.47	11.81
Tangible Book Value Per Share	10.47	11.81

Book Value Per Share is likely to gain to 11.81 in 2024. Tangible Book Value Per Share is likely to gain to 11.81 in 2024.

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Royce Micro Cap Company Book Value Per Share Analysis

Royce Micro's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Royce Micro Book Value Per Share

10.56 X

Most of Royce Micro's fundamental indicators, such as Book Value Per Share, 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, Royce Micro Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Royce Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Royce Micro is extremely important. It helps to project a fair market value of Royce Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Royce Micro'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 Royce Micro'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 Royce Micro's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Long Term Investments	Common Stock	Total Current Assets	Short Term Debt	Net Debt	Net Invested Capital	Capital Stock	Current Deferred Revenue
Total Assets		0.97	0.97	0.78	0.16	-0.12	-0.37	0.82	0.53	-0.38	0.02	-0.49	0.9	0.64	0.33
Total Stockholder Equity	0.97		0.99	0.73	0.15	-0.31	-0.55	0.9	0.62	-0.47	-0.12	-0.62	0.87	0.71	0.38
Net Tangible Assets	0.97	0.99		0.69	0.15	-0.28	-0.53	0.89	0.67	-0.47	-0.15	-0.63	0.85	0.71	0.38
Retained Earnings	0.78	0.73	0.69		-0.05	0.11	-0.14	0.48	0.01	-0.02	0.49	-0.14	0.73	0.28	-0.02
Accounts Payable	0.16	0.15	0.15	-0.05		0.0	-0.02	0.24	0.29	-0.13	-0.11	-0.29	0.02	0.37	0.74
Net Receivables	-0.12	-0.31	-0.28	0.11	0.0		0.8	-0.53	-0.41	0.43	0.78	0.5	-0.22	-0.37	-0.17
Total Liab	-0.37	-0.55	-0.53	-0.14	-0.02	0.8		-0.71	-0.58	0.54	0.6	0.87	-0.4	-0.74	-0.47
Long Term Investments	0.82	0.9	0.89	0.48	0.24	-0.53	-0.71		0.64	-0.73	-0.3	-0.71	0.65	0.68	0.42
Common Stock	0.53	0.62	0.67	0.01	0.29	-0.41	-0.58	0.64		-0.56	-0.66	-0.81	0.44	0.74	0.59
Total Current Assets	-0.38	-0.47	-0.47	-0.02	-0.13	0.43	0.54	-0.73	-0.56		0.37	0.57	-0.22	-0.37	-0.19
Short Term Debt	0.02	-0.12	-0.15	0.49	-0.11	0.78	0.6	-0.3	-0.66	0.37		0.53	-0.11	-0.43	-0.36
Net Debt	-0.49	-0.62	-0.63	-0.14	-0.29	0.5	0.87	-0.71	-0.81	0.57	0.53		-0.43	-0.91	-0.74
Net Invested Capital	0.9	0.87	0.85	0.73	0.02	-0.22	-0.4	0.65	0.44	-0.22	-0.11	-0.43		0.64	0.28
Capital Stock	0.64	0.71	0.71	0.28	0.37	-0.37	-0.74	0.68	0.74	-0.37	-0.43	-0.91	0.64		0.84
Current Deferred Revenue	0.33	0.38	0.38	-0.02	0.74	-0.17	-0.47	0.42	0.59	-0.19	-0.36	-0.74	0.28	0.84

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Royce Book Value Per Share Historical Pattern

Today, most investors in Royce Micro Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Royce Micro's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Royce Micro book value per share as a starting point in their analysis.

Royce Micro Book Value Per Share

Timeline

The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Competition

Predict Royce Micro

Book Value Per Share Over Time

Royce Common Stock Shares Outstanding

Common Stock Shares Outstanding

40.86 Million

At this time, Royce Micro's Common Stock Shares Outstanding is comparatively stable compared to the past year.

In accordance with the recently published financial statements, the book value per share of Royce Micro Cap is about 10.564 times. This is 87.16% lower than that of the Capital Markets sector and 41.6% lower than that of the Financials industry. The book value per share for all United States stocks is 99.45% higher than that of the company.

Royce Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royce Micro's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Royce Micro could also be used in its relative valuation, which is a method of valuing Royce Micro by comparing valuation metrics of similar companies.

Royce Micro is currently under evaluation in book value per share category among its peers.

Royce Micro Current Valuation Drivers

We derive many important indicators used in calculating different scores of Royce Micro from analyzing Royce Micro's financial statements. These drivers represent accounts that assess Royce Micro's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Royce Micro's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	358.8M	442.9M	509.4M	413.9M	451.9M	294.6M
Enterprise Value	380.8M	464.9M	531.4M	424.9M	453.8M	317.3M

Royce Micro ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Royce Micro's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Royce Micro's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Royce Fundamentals

	Return On Equity	0.13
	Return On Asset	4.0E-4
	Profit Margin	9.03 %
	Operating Margin	(0.06) %
	Current Valuation	525.52 M
	Shares Outstanding	50.68 M
	Shares Owned By Insiders	0.18 %
	Shares Owned By Institutions	30.97 %
	Number Of Shares Shorted	2.51 K
	Price To Earning	3.27 X
	Price To Book	0.98 X
	Price To Sales	69.85 X
	Revenue	8.26 M
	Gross Profit	7.49 M
	EBITDA	73.97 M
	Net Income	72.89 M
	Cash And Equivalents	126.64 K
	Total Debt	2 M
	Debt To Equity	0.05 %
	Current Ratio	1.36 X
	Book Value Per Share	10.56 X
	Cash Flow From Operations	27.36 M
	Short Ratio	0.04 X
	Earnings Per Share	1.27 X
	Beta	1.32
	Market Capitalization	523.55 M
	Total Asset	523.86 M
	Retained Earnings	102 M
	Annual Yield	0.07 %
	Five Year Return	7.81 %
	Net Asset	523.86 M
	Last Dividend Paid	0.74

About Royce Micro Fundamental Analysis

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

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

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