Solarmax Technology Common Stock Return On Equity
| SMXT Stock | 1.48 0.27 22.31% |
Solarmax Technology Common fundamentals help investors to digest information that contributes to Solarmax Technology's financial success or failures. It also enables traders to predict the movement of Solarmax Stock. The fundamental analysis module provides a way to measure Solarmax Technology'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 Solarmax Technology stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.03) | (0.03) |
Solarmax | Return On Equity |
Solarmax Technology Common Company Return On Equity Analysis
Solarmax Technology'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.
Current Solarmax Technology Return On Equity | -0.0287 |
Most of Solarmax Technology'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, Solarmax Technology Common is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Solarmax Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Solarmax Technology is extremely important. It helps to project a fair market value of Solarmax Stock properly, considering its historical fundamentals such as Return On Equity. Since Solarmax Technology'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 Solarmax Technology'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 Solarmax Technology's interrelated accounts and indicators.
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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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Solarmax Total Stockholder Equity
Total Stockholder Equity |
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Solarmax Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solarmax Technology'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 Solarmax Technology could also be used in its relative valuation, which is a method of valuing Solarmax Technology by comparing valuation metrics of similar companies.Solarmax Technology is currently under evaluation in return on equity category among its peers.
Solarmax Fundamentals
| Return On Asset | -0.22 | |||
| Profit Margin | (0.54) % | |||
| Operating Margin | (0.54) % | |||
| Current Valuation | 93.81 M | |||
| Shares Outstanding | 45.28 M | |||
| Shares Owned By Insiders | 33.68 % | |||
| Shares Owned By Institutions | 2.30 % | |||
| Number Of Shares Shorted | 370.57 K | |||
| Price To Sales | 1.82 X | |||
| Revenue | 54.14 M | |||
| EBITDA | 3.56 M | |||
| Net Income | 434.79 K | |||
| Total Debt | 41.88 M | |||
| Book Value Per Share | (0.40) X | |||
| Cash Flow From Operations | 3.81 M | |||
| Short Ratio | 1.43 X | |||
| Earnings Per Share | (0.71) X | |||
| Number Of Employees | 79 | |||
| Market Capitalization | 67.02 M | |||
| Total Asset | 48.66 M | |||
| Retained Earnings | (68.62 M) | |||
| Working Capital | (23.48 M) | |||
| Net Asset | 48.66 M |
About Solarmax Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Solarmax Technology Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solarmax Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solarmax Technology Common 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 Solarmax Stock Analysis
When running Solarmax Technology's price analysis, check to measure Solarmax Technology'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 Solarmax Technology is operating at the current time. Most of Solarmax Technology's value examination focuses on studying past and present price action to predict the probability of Solarmax Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solarmax Technology's price. Additionally, you may evaluate how the addition of Solarmax Technology to your portfolios can decrease your overall portfolio volatility.