Royce Smaller Companies Growth Fund Fundamentals
| RVPIX Fund | USD 8.95 0.01 0.11% |
Royce Smaller Companies Growth fundamentals help investors to digest information that contributes to Royce Smaller-companie's financial success or failures. It also enables traders to predict the movement of Royce Mutual Fund. The fundamental analysis module provides a way to measure Royce Smaller-companie'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 Smaller-companie mutual fund.
Royce |
Royce Smaller Companies Growth Mutual Fund Price To Earning Analysis
Royce Smaller-companie's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Royce Smaller-companie Price To Earning | 1.78 X |
Most of Royce Smaller-companie's fundamental indicators, such as Price To Earning, 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 Smaller Companies Growth is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Royce Smaller-companie Price To Earning Component Assessment
Based on the latest financial disclosure, Royce Smaller Companies Growth has a Price To Earning of 1.78 times. This is 93.31% lower than that of the Royce family and 93.31% lower than that of the Small Growth category. The price to earning for all United States funds is 72.74% higher than that of the company.
Royce Smaller Companies Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Royce Smaller-companie's current stock value. Our valuation model uses many indicators to compare Royce Smaller-companie value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Royce Smaller-companie competition to find correlations between indicators driving Royce Smaller-companie's intrinsic value. More Info.Royce Smaller Companies Growth is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 1.54 of Price To Book per Price To Earning. 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 Royce Smaller-companie's earnings, one of the primary drivers of an investment's value.Royce Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royce Smaller-companie's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Royce Smaller-companie could also be used in its relative valuation, which is a method of valuing Royce Smaller-companie by comparing valuation metrics of similar companies.Royce Smaller is currently under evaluation in price to earning among similar funds.
Fund Asset Allocation for Royce Smaller-companie
The fund consists of 94.52% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Royce Smaller-companie's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Royce Fundamentals
| Price To Earning | 1.78 X | |||
| Price To Book | 2.75 X | |||
| Price To Sales | 1.79 X | |||
| Total Asset | 179.77 M | |||
| Year To Date Return | 32.50 % | |||
| One Year Return | 45.62 % | |||
| Three Year Return | (0.08) % | |||
| Five Year Return | 11.91 % | |||
| Ten Year Return | 8.96 % | |||
| Net Asset | 370.27 M | |||
| Cash Position Weight | 5.48 % | |||
| Equity Positions Weight | 94.52 % |
About Royce Smaller-companie Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Royce Smaller Companies Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royce Smaller-companie using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royce Smaller Companies Growth based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.The funds investment adviser invests the funds assets primarily in equity securities of companies with stock market capitalizations up to 7.5 billion that the adviser believes have above-average growth prospects. Normally, the fund invests at least 80 percent of its net assets in equity securities of companies with stock market capitalizations up to 7.5 billion. Although the fund normally focuses on securities of U.S. companies, it may invest up to 25 percent of its net assets in securities of companies headquartered in foreign countries.
Also Currently Popular
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.Other Information on Investing in Royce Mutual Fund
Royce Smaller-companie financial ratios help investors to determine whether Royce Mutual Fund 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 Royce with respect to the benefits of owning Royce Smaller-companie security.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |