Renoworks Software Stock Fundamentals

RW Stock  CAD 0.32  0.01  3.23%   
Renoworks Software fundamentals help investors to digest information that contributes to Renoworks Software's financial success or failures. It also enables traders to predict the movement of Renoworks Stock. The fundamental analysis module provides a way to measure Renoworks Software'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 Renoworks Software stock.
At this time, Renoworks Software's Interest Income is fairly stable compared to the past year.
  
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Renoworks Software Company Return On Equity Analysis

Renoworks Software'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.

Return On Equity

 = 

Net Income

Total Equity

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Current Renoworks Software Return On Equity

    
  -26.53  
Most of Renoworks Software'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, Renoworks Software is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Renoworks Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Renoworks Software is extremely important. It helps to project a fair market value of Renoworks Stock properly, considering its historical fundamentals such as Return On Equity. Since Renoworks Software'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 Renoworks Software'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 Renoworks Software's interrelated accounts and indicators.
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.
Competition

Renoworks Total Stockholder Equity

Total Stockholder Equity

(204,952)

At this time, Renoworks Software's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Renoworks Software has a Return On Equity of -26.5322. This is 120.55% higher than that of the Software sector and notably higher than that of the Information Technology industry. The return on equity for all Canada stocks is notably higher than that of the company.

Renoworks Software Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Renoworks Software's current stock value. Our valuation model uses many indicators to compare Renoworks Software value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Renoworks Software competition to find correlations between indicators driving Renoworks Software's intrinsic value. More Info.
Renoworks Software 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, Renoworks Software's Return On Equity is fairly stable compared to the past year. 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 Renoworks Software's earnings, one of the primary drivers of an investment's value.

Renoworks Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Renoworks Software'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 Renoworks Software could also be used in its relative valuation, which is a method of valuing Renoworks Software by comparing valuation metrics of similar companies.
Renoworks Software is currently under evaluation in return on equity category among its peers.

Renoworks Software Current Valuation Drivers

We derive many important indicators used in calculating different scores of Renoworks Software from analyzing Renoworks Software's financial statements. These drivers represent accounts that assess Renoworks Software's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Renoworks Software's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap10.6M22.0M17.4M7.6M4.9M4.6M
Enterprise Value10.6M21.9M16.5M6.9M4.2M4.5M

Renoworks Fundamentals

About Renoworks Software Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Renoworks Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renoworks Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renoworks Software 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 ReportedProjected for Next Year
Current Deferred Revenue1.5 M1.6 M
Total Revenue6.3 M6.6 M
Cost Of Revenue1.9 MM
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.46  0.58 
Research And Ddevelopement To Revenue 0.26  0.25 
Revenue Per Share 0.15  0.16 
Ebit Per Revenue(0.07)(0.07)

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Renoworks Stock Analysis

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