Sir Royalty Income Stock Fundamentals
| SRV-UN Stock | CAD 13.00 0.04 0.31% |
SIR Royalty Income fundamentals help investors to digest information that contributes to SIR Royalty's financial success or failures. It also enables traders to predict the movement of SIR Stock. The fundamental analysis module provides a way to measure SIR Royalty'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 SIR Royalty stock.
At present, SIR Royalty's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 12.2 M, whereas Selling General Administrative is forecasted to decline to about 491.2 K. SIR | Select Account or Indicator |
SIR Royalty Income Company Return On Equity Analysis
SIR Royalty'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 SIR Royalty Return On Equity | 0.25 |
Most of SIR Royalty'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, SIR Royalty Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SIR Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for SIR Royalty is extremely important. It helps to project a fair market value of SIR Stock properly, considering its historical fundamentals such as Return On Equity. Since SIR Royalty'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 SIR Royalty'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 SIR Royalty'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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SIR Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, SIR Royalty Income has a Return On Equity of 0.2494. This is 93.07% lower than that of the Hotels, Restaurants & Leisure sector and 98.98% lower than that of the Consumer Discretionary industry. The return on equity for all Canada stocks is 180.45% lower than that of the firm.
SIR Royalty Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SIR Royalty's current stock value. Our valuation model uses many indicators to compare SIR Royalty value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SIR Royalty competition to find correlations between indicators driving SIR Royalty's intrinsic value. More Info.SIR Royalty Income 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 reporting about 0.68 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for SIR Royalty Income is roughly 1.47 . At present, SIR Royalty's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value SIR Royalty by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for SIR Royalty's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.SIR Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SIR Royalty'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 SIR Royalty could also be used in its relative valuation, which is a method of valuing SIR Royalty by comparing valuation metrics of similar companies.SIR Royalty is currently under evaluation in return on equity category among its peers.
SIR Royalty Current Valuation Drivers
We derive many important indicators used in calculating different scores of SIR Royalty from analyzing SIR Royalty's financial statements. These drivers represent accounts that assess SIR Royalty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of SIR Royalty's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 68.3M | 25.5M | 97.0M | 149.4M | 135.7M | 142.5M | |
| Enterprise Value | 68.2M | 25.5M | 95.6M | 147.2M | 135.3M | 142.1M |
SIR Fundamentals
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.17 | ||||
| Profit Margin | 1.87 % | ||||
| Operating Margin | 1.65 % | ||||
| Current Valuation | 22.06 M | ||||
| Shares Outstanding | 8.38 M | ||||
| Shares Owned By Insiders | 28.32 % | ||||
| Number Of Shares Shorted | 769 | ||||
| Price To Earning | 2.40 X | ||||
| Price To Book | 1.25 X | ||||
| Price To Sales | 9.99 X | ||||
| Revenue | 23.32 M | ||||
| Gross Profit | 7.12 M | ||||
| EBITDA | 11.66 M | ||||
| Net Income | 19.11 M | ||||
| Cash And Equivalents | 304.11 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 42.47 K | ||||
| Current Ratio | 1.20 X | ||||
| Book Value Per Share | 10.21 X | ||||
| Cash Flow From Operations | 8.04 M | ||||
| Short Ratio | 0.96 X | ||||
| Earnings Per Share | 2.28 X | ||||
| Target Price | 10.5 | ||||
| Beta | 2.48 | ||||
| Market Capitalization | 108.46 M | ||||
| Total Asset | 90.96 M | ||||
| Retained Earnings | (10.69 M) | ||||
| Annual Yield | 0.09 % | ||||
| Five Year Return | 12.06 % | ||||
| Net Asset | 90.96 M |
About SIR Royalty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SIR Royalty Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SIR Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SIR Royalty Income 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 | ||
| Total Revenue | 23.3 M | 24.5 M | |
| Cost Of Revenue | 12.2 M | 12.9 M | |
| Sales General And Administrative To Revenue | 0.03 | 0.04 | |
| Revenue Per Share | 2.78 | 2.92 | |
| Ebit Per Revenue | 0.50 | 0.95 |
Pair Trading with SIR Royalty
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SIR Royalty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SIR Royalty will appreciate offsetting losses from the drop in the long position's value.Moving together with SIR Stock
Moving against SIR Stock
The ability to find closely correlated positions to SIR Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SIR Royalty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SIR Royalty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SIR Royalty Income to buy it.
The correlation of SIR Royalty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SIR Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SIR Royalty Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SIR Royalty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in SIR Stock
SIR Royalty financial ratios help investors to determine whether SIR Stock 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 SIR with respect to the benefits of owning SIR Royalty security.