Skycity Entertainment Group Stock Fundamentals

SKYZF Stock  USD 0.92  0.00  0.00%   
SkyCity Entertainment Group fundamentals help investors to digest information that contributes to SkyCity Entertainment's financial success or failures. It also enables traders to predict the movement of SkyCity Pink Sheet. The fundamental analysis module provides a way to measure SkyCity Entertainment'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 SkyCity Entertainment pink sheet.
  
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SkyCity Entertainment Group Company Return On Equity Analysis

SkyCity Entertainment'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

More About Return On Equity | All Equity Analysis

Current SkyCity Entertainment Return On Equity

    
  -0.0209  
Most of SkyCity Entertainment'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, SkyCity Entertainment Group 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.
Competition
Based on the latest financial disclosure, SkyCity Entertainment Group has a Return On Equity of -0.0209. This is 100.58% lower than that of the sector and 100.17% lower than that of the Return On Equity industry. The return on equity for all United States stocks is 93.26% lower than that of the firm.

SkyCity Entertainment Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining SkyCity Entertainment's current stock value. Our valuation model uses many indicators to compare SkyCity Entertainment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SkyCity Entertainment competition to find correlations between indicators driving SkyCity Entertainment's intrinsic value. More Info.
SkyCity Entertainment Group is rated below average in return on equity category among its peers. It also is rated below average 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 SkyCity Entertainment's earnings, one of the primary drivers of an investment's value.

SkyCity Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SkyCity Entertainment's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of SkyCity Entertainment could also be used in its relative valuation, which is a method of valuing SkyCity Entertainment by comparing valuation metrics of similar companies.
SkyCity Entertainment is currently under evaluation in return on equity category among its peers.

SkyCity Fundamentals

About SkyCity Entertainment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SkyCity Entertainment Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SkyCity Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SkyCity Entertainment Group 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.
SkyCity Entertainment Group Limited, together with its subsidiaries, operates in the gaming, entertainment, hotel, convention, hospitality, and tourism sectors in New Zealand and Australia. The company was incorporated in 1994 and is headquartered in Auckland, New Zealand. Sky City operates under Resorts Casinos classification in the United States and is traded on OTC Exchange. It employs 3784 people.

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Other Information on Investing in SkyCity Pink Sheet

SkyCity Entertainment financial ratios help investors to determine whether SkyCity Pink Sheet 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 SkyCity with respect to the benefits of owning SkyCity Entertainment security.