Wishpond Technologies Stock Return On Equity

WISH Stock  CAD 0.28  0.03  12.00%   
Wishpond Technologies fundamentals help investors to digest information that contributes to Wishpond Technologies' financial success or failures. It also enables traders to predict the movement of Wishpond Stock. The fundamental analysis module provides a way to measure Wishpond Technologies' 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 Wishpond Technologies stock.
Last ReportedProjected for Next Year
Return On Equity(0.20)(0.21)
Return On Equity is likely to drop to -0.21 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Wishpond Technologies Company Return On Equity Analysis

Wishpond Technologies' 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 Wishpond Technologies Return On Equity

    
  -0.11  
Most of Wishpond Technologies' 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, Wishpond Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Wishpond Return On Equity Driver Correlations

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

Wishpond Total Stockholder Equity

Total Stockholder Equity

6.34 Million

At this time, Wishpond Technologies' Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Wishpond Technologies has a Return On Equity of -0.1093. This is 99.09% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on equity for all Canada stocks is 64.74% lower than that of the firm.

Wishpond Return On Equity Peer Comparison

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

Wishpond Technologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Wishpond Technologies from analyzing Wishpond Technologies' financial statements. These drivers represent accounts that assess Wishpond Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Wishpond Technologies' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.5M59.7M68.6M36.8M21.0M26.4M
Enterprise Value6.4M52.8M62.3M34.1M20.6M25.5M

Wishpond Fundamentals

About Wishpond Technologies Fundamental Analysis

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

Explore Investment Opportunities

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.
Explore Investing Ideas  

Additional Tools for Wishpond Stock Analysis

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