Meteoric Resources Nl Stock Fundamentals
| RNF Stock | EUR 0.04 0.01 23.61% |
Meteoric Resources NL fundamentals help investors to digest information that contributes to Meteoric Resources' financial success or failures. It also enables traders to predict the movement of Meteoric Stock. The fundamental analysis module provides a way to measure Meteoric Resources' 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 Meteoric Resources stock.
Meteoric |
Meteoric Resources NL Company Return On Equity Analysis
Meteoric Resources' 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 Meteoric Resources Return On Equity | -1.75 |
Most of Meteoric Resources' 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, Meteoric Resources NL 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.
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Based on the latest financial disclosure, Meteoric Resources NL has a Return On Equity of -1.7493. This is 292.23% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all Germany stocks is notably higher than that of the company.
Meteoric Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Meteoric Resources's current stock value. Our valuation model uses many indicators to compare Meteoric Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Meteoric Resources competition to find correlations between indicators driving Meteoric Resources's intrinsic value. More Info.Meteoric Resources NL 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 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Meteoric Resources' earnings, one of the primary drivers of an investment's value.Meteoric Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Meteoric Resources' 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 Meteoric Resources could also be used in its relative valuation, which is a method of valuing Meteoric Resources by comparing valuation metrics of similar companies.Meteoric Resources is currently under evaluation in return on equity category among its peers.
Meteoric Fundamentals
| Return On Equity | -1.75 | |||
| Return On Asset | -0.95 | |||
| Current Valuation | 14.68 M | |||
| Shares Outstanding | 1.53 B | |||
| Shares Owned By Insiders | 37.76 % | |||
| Price To Earning | (22.50) X | |||
| Price To Book | 1.40 X | |||
| Price To Sales | 688,142 X | |||
| Revenue | 250 | |||
| Gross Profit | 1.31 M | |||
| EBITDA | (5.53 M) | |||
| Net Income | (5.56 M) | |||
| Cash And Equivalents | 6.35 M | |||
| Current Ratio | 19.30 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (5.02 M) | |||
| Number Of Employees | 13 | |||
| Beta | 1.78 | |||
| Market Capitalization | 107.64 M | |||
| Total Asset | 2.12 M | |||
| Z Score | -6.6 | |||
| Net Asset | 2.12 M |
About Meteoric Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Meteoric Resources NL's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Meteoric Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Meteoric Resources NL 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.Meteoric Resources NL explores for mineral tenements in Brazil, Canada, Western Australia, and Northern Territory. Meteoric Resources NL is was incorporated in 2004 and is based in West Perth, Australia. METEORIC RESOURCES operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange.
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Other Information on Investing in Meteoric Stock
Meteoric Resources financial ratios help investors to determine whether Meteoric 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 Meteoric with respect to the benefits of owning Meteoric Resources security.