Weebit Nano Limited Stock Return On Equity
| WBTNF Stock | USD 1.86 0.04 2.11% |
Weebit Nano Limited fundamentals help investors to digest information that contributes to Weebit Nano's financial success or failures. It also enables traders to predict the movement of Weebit Pink Sheet. The fundamental analysis module provides a way to measure Weebit Nano'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 Weebit Nano pink sheet.
Weebit |
Weebit Nano Limited Company Return On Equity Analysis
Weebit Nano'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 Weebit Nano Return On Equity | -0.73 |
Most of Weebit Nano'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, Weebit Nano Limited 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.
| Competition |
Based on the latest financial disclosure, Weebit Nano Limited has a Return On Equity of -0.7273. This is 93.95% lower than that of the Technology sector and 140.86% lower than that of the Semiconductors industry. The return on equity for all United States stocks is 134.61% higher than that of the company.
Weebit Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Weebit Nano'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 Weebit Nano could also be used in its relative valuation, which is a method of valuing Weebit Nano by comparing valuation metrics of similar companies.Weebit Nano is currently under evaluation in return on equity category among its peers.
Weebit Fundamentals
| Return On Equity | -0.73 | |||
| Return On Asset | -0.43 | |||
| Current Valuation | 411.87 M | |||
| Shares Outstanding | 173.64 M | |||
| Shares Owned By Insiders | 10.60 % | |||
| Shares Owned By Institutions | 0.89 % | |||
| Price To Book | 11.56 X | |||
| EBITDA | (27.36 M) | |||
| Net Income | (27.7 M) | |||
| Cash And Equivalents | 50.25 M | |||
| Cash Per Share | 0.29 X | |||
| Total Debt | 414.82 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 33.81 X | |||
| Book Value Per Share | 0.32 X | |||
| Cash Flow From Operations | (21.82 M) | |||
| Earnings Per Share | (0.14) X | |||
| Beta | 2.12 | |||
| Market Capitalization | 753.83 M | |||
| Total Asset | 57.01 M | |||
| Net Asset | 57.01 M |
About Weebit Nano Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Weebit Nano Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Weebit Nano using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Weebit Nano Limited 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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Other Information on Investing in Weebit Pink Sheet
Weebit Nano financial ratios help investors to determine whether Weebit Pink Sheet 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 Weebit with respect to the benefits of owning Weebit Nano security.