Snipp Interactive Stock Fundamentals
| SPN Stock | CAD 0.07 0.01 7.14% |
Snipp Interactive fundamentals help investors to digest information that contributes to Snipp Interactive's financial success or failures. It also enables traders to predict the movement of Snipp Stock. The fundamental analysis module provides a way to measure Snipp Interactive'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 Snipp Interactive stock.
At this time, Snipp Interactive's Interest Income is fairly stable compared to the past year. Reconciled Depreciation is likely to climb to about 1.2 M in 2024, whereas Gross Profit is likely to drop slightly above 302.4 K in 2024. Snipp | Select Account or Indicator |
Snipp Interactive Company Return On Equity Analysis
Snipp Interactive'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 Snipp Interactive Return On Equity | -0.34 |
Most of Snipp Interactive'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, Snipp Interactive is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Snipp Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Snipp Interactive is extremely important. It helps to project a fair market value of Snipp Stock properly, considering its historical fundamentals such as Return On Equity. Since Snipp Interactive'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 Snipp Interactive'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 Snipp Interactive'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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Snipp Total Stockholder Equity
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Based on the latest financial disclosure, Snipp Interactive has a Return On Equity of -0.3351. This is 109.31% lower than that of the Media sector and 100.77% lower than that of the Communication Services industry. The return on equity for all Canada stocks is 8.1% higher than that of the company.
Snipp Interactive Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Snipp Interactive's current stock value. Our valuation model uses many indicators to compare Snipp Interactive value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Snipp Interactive competition to find correlations between indicators driving Snipp Interactive's intrinsic value. More Info.Snipp Interactive is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers . At this time, Snipp Interactive'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 Snipp Interactive's earnings, one of the primary drivers of an investment's value.Snipp Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Snipp Interactive'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 Snipp Interactive could also be used in its relative valuation, which is a method of valuing Snipp Interactive by comparing valuation metrics of similar companies.Snipp Interactive is rated fourth in return on equity category among its peers.
Snipp Interactive Current Valuation Drivers
We derive many important indicators used in calculating different scores of Snipp Interactive from analyzing Snipp Interactive's financial statements. These drivers represent accounts that assess Snipp Interactive's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Snipp Interactive's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.5M | 10.8M | 57.0M | 25.1M | 27.7M | 14.5M | |
| Enterprise Value | 2.6M | 9.2M | 55.2M | 19.5M | 25.3M | 13.2M |
Snipp Fundamentals
| Return On Equity | -0.34 | ||||
| Return On Asset | -0.0921 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | (0.11) % | ||||
| Current Valuation | 13.69 M | ||||
| Shares Outstanding | 286.11 M | ||||
| Shares Owned By Insiders | 31.39 % | ||||
| Shares Owned By Institutions | 0.02 % | ||||
| Number Of Shares Shorted | 7.94 K | ||||
| Price To Earning | (1.40) X | ||||
| Price To Book | 2.57 X | ||||
| Price To Sales | 0.77 X | ||||
| Revenue | 30.55 M | ||||
| Gross Profit | 1.17 M | ||||
| EBITDA | (2.15 M) | ||||
| Net Income | (3.38 M) | ||||
| Cash And Equivalents | 1.94 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 526.53 K | ||||
| Debt To Equity | 10.60 % | ||||
| Current Ratio | 1.26 X | ||||
| Book Value Per Share | 0.02 X | ||||
| Cash Flow From Operations | (1.4 M) | ||||
| Short Ratio | 0.17 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 0.19 | ||||
| Beta | 1.38 | ||||
| Market Capitalization | 20.03 M | ||||
| Total Asset | 13.43 M | ||||
| Retained Earnings | (36.92 M) | ||||
| Working Capital | (33.1 K) | ||||
| Net Asset | 13.43 M |
About Snipp Interactive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Snipp Interactive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Snipp Interactive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Snipp Interactive 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 Reported | Projected for Next Year | ||
| Current Deferred Revenue | 3.7 M | 3.9 M | |
| Total Revenue | 30.5 M | 32.1 M | |
| Cost Of Revenue | 30 M | 31.5 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.34 | 0.33 | |
| Research And Ddevelopement To Revenue | 0.01 | 0.01 | |
| Capex To Revenue | 0.04 | 0.04 | |
| Revenue Per Share | 0.11 | 0.08 | |
| Ebit Per Revenue | (0.07) | (0.07) |
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Additional Tools for Snipp Stock Analysis
When running Snipp Interactive's price analysis, check to measure Snipp Interactive'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 Snipp Interactive is operating at the current time. Most of Snipp Interactive's value examination focuses on studying past and present price action to predict the probability of Snipp Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snipp Interactive's price. Additionally, you may evaluate how the addition of Snipp Interactive to your portfolios can decrease your overall portfolio volatility.