Summa Silver Corp Stock Return On Equity

SSVR Stock  CAD 0.28  0.01  3.70%   
Summa Silver Corp fundamentals help investors to digest information that contributes to Summa Silver's financial success or failures. It also enables traders to predict the movement of Summa Stock. The fundamental analysis module provides a way to measure Summa Silver'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 Summa Silver stock.
Last ReportedProjected for Next Year
Return On Equity(0.06)(0.06)
Return On Equity is likely to drop to -0.06 in 2024.
  
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Summa Silver Corp Company Return On Equity Analysis

Summa Silver'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 Summa Silver Return On Equity

    
  -0.064  
Most of Summa Silver'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, Summa Silver Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Summa Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Summa Silver is extremely important. It helps to project a fair market value of Summa Stock properly, considering its historical fundamentals such as Return On Equity. Since Summa Silver'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 Summa Silver'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 Summa Silver'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.
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Summa Total Stockholder Equity

Total Stockholder Equity

50.53 Million

At this time, Summa Silver's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Summa Silver Corp has a Return On Equity of -0.064. This is 107.03% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all Canada stocks is 79.35% lower than that of the firm.

Summa Return On Equity Peer Comparison

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

Summa Silver Current Valuation Drivers

We derive many important indicators used in calculating different scores of Summa Silver from analyzing Summa Silver's financial statements. These drivers represent accounts that assess Summa Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Summa Silver's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Enterprise Value880.8K99.1M52.4M35.9M32.3M30.3M

Summa Fundamentals

About Summa Silver Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Summa Silver Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summa Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summa Silver Corp 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.

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 Summa Stock Analysis

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