Route1 Inc Stock Beta
| ROI Stock | CAD 0.04 0.01 10.00% |
Route1 Inc fundamentals help investors to digest information that contributes to Route1's financial success or failures. It also enables traders to predict the movement of Route1 Stock. The fundamental analysis module provides a way to measure Route1'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 Route1 stock.
Route1 | Beta |
Route1 Inc Company Beta Analysis
Route1's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Route1 Beta | -0.1 |
Most of Route1's fundamental indicators, such as Beta, 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, Route1 Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Route1 Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Route1 is extremely important. It helps to project a fair market value of Route1 Stock properly, considering its historical fundamentals such as Beta. Since Route1'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 Route1'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 Route1's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Route1 Inc has a Beta of -0.105. This is 109.91% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The beta for all Canada stocks is 30.0% lower than that of the firm.
Route1 Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Route1's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Route1 could also be used in its relative valuation, which is a method of valuing Route1 by comparing valuation metrics of similar companies.Route1 is currently under evaluation in beta category among its peers.
Route1 Current Valuation Drivers
We derive many important indicators used in calculating different scores of Route1 from analyzing Route1's financial statements. These drivers represent accounts that assess Route1's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Route1's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 14.2M | 31.9M | 2.4M | 1.3M | 1.1M | 1.1M | |
| Enterprise Value | 17.1M | 34.9M | 7.3M | 5.9M | 5.3M | 5.0M |
As returns on the market increase, returns on owning Route1 are expected to decrease at a much lower rate. During the bear market, Route1 is likely to outperform the market.
Route1 Fundamentals
| Return On Equity | -3.33 | ||||
| Return On Asset | -0.0333 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 5.86 M | ||||
| Shares Outstanding | 42.5 M | ||||
| Shares Owned By Insiders | 7.50 % | ||||
| Number Of Shares Shorted | 122 | ||||
| Price To Earning | 91.43 X | ||||
| Price To Book | 22.82 X | ||||
| Price To Sales | 0.14 X | ||||
| Revenue | 17.58 M | ||||
| Gross Profit | 5.36 M | ||||
| EBITDA | 640.36 K | ||||
| Net Income | (1.28 M) | ||||
| Cash And Equivalents | 165.75 K | ||||
| Total Debt | 4.62 M | ||||
| Debt To Equity | 1.30 % | ||||
| Current Ratio | 0.55 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | 686.82 K | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Target Price | 0.07 | ||||
| Beta | -0.1 | ||||
| Market Capitalization | 2.12 M | ||||
| Total Asset | 9.54 M | ||||
| Retained Earnings | (40.93 M) | ||||
| Working Capital | (5.02 M) | ||||
| Net Asset | 9.54 M |
About Route1 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Route1 Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Route1 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Route1 Inc 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 Route1 Stock Analysis
When running Route1's price analysis, check to measure Route1'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 Route1 is operating at the current time. Most of Route1's value examination focuses on studying past and present price action to predict the probability of Route1's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Route1's price. Additionally, you may evaluate how the addition of Route1 to your portfolios can decrease your overall portfolio volatility.