Wescan Energy Corp Stock Fundamentals

WCE Stock  CAD 0.09  0.02  18.18%   
WesCan Energy Corp fundamentals help investors to digest information that contributes to WesCan Energy's financial success or failures. It also enables traders to predict the movement of WesCan Stock. The fundamental analysis module provides a way to measure WesCan Energy'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 WesCan Energy stock.
At this time, WesCan Energy's Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 484.6 K in 2024, whereas Total Operating Expenses is likely to drop slightly above 455.2 K in 2024.
  
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WesCan Energy Corp Company Shares Outstanding Analysis

WesCan Energy's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current WesCan Energy Shares Outstanding

    
  44.62 M  
Most of WesCan Energy's fundamental indicators, such as Shares Outstanding, 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, WesCan Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

WesCan Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for WesCan Energy is extremely important. It helps to project a fair market value of WesCan Stock properly, considering its historical fundamentals such as Shares Outstanding. Since WesCan Energy'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 WesCan Energy'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 WesCan Energy's interrelated accounts and indicators.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

WesCan Common Stock Shares Outstanding

Common Stock Shares Outstanding

43.55 Million

At this time, WesCan Energy's Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, WesCan Energy Corp has 44.62 M of shares currently outstending. This is 97.54% lower than that of the Oil, Gas & Consumable Fuels sector and 94.7% lower than that of the Energy industry. The shares outstanding for all Canada stocks is 92.2% higher than that of the company.

WesCan Energy Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining WesCan Energy's current stock value. Our valuation model uses many indicators to compare WesCan Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across WesCan Energy competition to find correlations between indicators driving WesCan Energy's intrinsic value. More Info.
WesCan Energy Corp is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for WesCan Energy Corp is about  490.00 . At this time, WesCan Energy'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 WesCan Energy's earnings, one of the primary drivers of an investment's value.

WesCan Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WesCan Energy's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of WesCan Energy could also be used in its relative valuation, which is a method of valuing WesCan Energy by comparing valuation metrics of similar companies.
WesCan Energy is currently under evaluation in shares outstanding category among its peers.

WesCan Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of WesCan Energy from analyzing WesCan Energy's financial statements. These drivers represent accounts that assess WesCan Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of WesCan Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.7M1.6M627.2K3.3M2.1M2.2M
Enterprise Value2.2M1.8M903.3K4.5M3.8M4.0M

WesCan Fundamentals

About WesCan Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze WesCan Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WesCan Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WesCan Energy 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.
Last ReportedProjected for Next Year
Current Deferred Revenue353.6 K329.6 K
Total Revenue2.6 M2.7 M
Cost Of RevenueM2.1 M
Stock Based Compensation To Revenue 0.12  0.11 
Sales General And Administrative To Revenue 0.19  0.18 
Research And Ddevelopement To Revenue 0.21  0.18 
Capex To Revenue 0.06  0.06 
Revenue Per Share 0.06  0.06 
Ebit Per Revenue 0.26  0.27 

Thematic Opportunities

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Additional Tools for WesCan Stock Analysis

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