Uniroyal Global Engineered Stock Fundamentals
| UNIR Stock | USD 0.0008 0.00 0.00% |
Uniroyal Global Engineered fundamentals help investors to digest information that contributes to Uniroyal Global's financial success or failures. It also enables traders to predict the movement of Uniroyal Pink Sheet. The fundamental analysis module provides a way to measure Uniroyal Global'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 Uniroyal Global pink sheet.
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Uniroyal Global Engineered Company Return On Equity Analysis
Uniroyal Global'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 Uniroyal Global Return On Equity | -0.45 |
Most of Uniroyal Global'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, Uniroyal Global Engineered 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.
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Based on the latest financial disclosure, Uniroyal Global Engineered has a Return On Equity of -0.4501. This is 112.5% lower than that of the Textiles, Apparel & Luxury Goods sector and 107.0% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 45.19% higher than that of the company.
Uniroyal Global Engi Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Uniroyal Global's current stock value. Our valuation model uses many indicators to compare Uniroyal Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Uniroyal Global competition to find correlations between indicators driving Uniroyal Global's intrinsic value. More Info.Uniroyal Global Engineered is rated first in return on equity category among its peers. It is rated first 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 Uniroyal Global's earnings, one of the primary drivers of an investment's value.Uniroyal Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Uniroyal Global'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 Uniroyal Global could also be used in its relative valuation, which is a method of valuing Uniroyal Global by comparing valuation metrics of similar companies.Uniroyal Global is currently under evaluation in return on equity category among its peers.
Uniroyal Fundamentals
| Return On Equity | -0.45 | |||
| Return On Asset | -0.0198 | |||
| Profit Margin | (0.05) % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 45.62 M | |||
| Shares Outstanding | 3.41 M | |||
| Shares Owned By Insiders | 53.52 % | |||
| Price To Earning | 1.80 X | |||
| Price To Book | 0.35 X | |||
| Price To Sales | 0.03 X | |||
| Revenue | 71.7 M | |||
| Gross Profit | 8.92 M | |||
| EBITDA | 3.08 M | |||
| Net Income | (1.7 M) | |||
| Cash And Equivalents | 324.5 K | |||
| Cash Per Share | 0.09 X | |||
| Total Debt | 11.07 M | |||
| Debt To Equity | 5.37 % | |||
| Current Ratio | 0.95 X | |||
| Book Value Per Share | 1.84 X | |||
| Cash Flow From Operations | (1.53 M) | |||
| Earnings Per Share | 0.40 X | |||
| Number Of Employees | 294 | |||
| Beta | 0.52 | |||
| Market Capitalization | 1.68 M | |||
| Total Asset | 64.46 M | |||
| Retained Earnings | (19.48 M) | |||
| Working Capital | 5.78 M | |||
| Current Asset | 36.38 M | |||
| Current Liabilities | 30.6 M | |||
| Z Score | 1.0 | |||
| Net Asset | 64.46 M |
About Uniroyal Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Uniroyal Global Engineered's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Uniroyal Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Uniroyal Global Engineered 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.Uniroyal Global Engineered Products, Inc. develops, manufactures, and distributes vinyl coated fabrics used in transportation, residential, hospitality, health care, office furniture, and automotive applications. Uniroyal Global Engineered Products, Inc. was founded in 1992 and is based in Sarasota, Florida. Uniroyal Global operates under Textile Manufacturing classification in the United States and is traded on OTC Exchange. It employs 294 people.
Pair Trading with Uniroyal Global
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 Uniroyal Global 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 Uniroyal Global will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Uniroyal Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uniroyal Global 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 Uniroyal Global - 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 Uniroyal Global Engineered to buy it.
The correlation of Uniroyal Global 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 Uniroyal Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uniroyal Global Engi 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 Uniroyal Global 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.Additional Tools for Uniroyal Pink Sheet Analysis
When running Uniroyal Global's price analysis, check to measure Uniroyal Global'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 Uniroyal Global is operating at the current time. Most of Uniroyal Global's value examination focuses on studying past and present price action to predict the probability of Uniroyal Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uniroyal Global's price. Additionally, you may evaluate how the addition of Uniroyal Global to your portfolios can decrease your overall portfolio volatility.