Rumble Price To Book vs. Return On Asset

RUM Stock  USD 7.10  0.03  0.42%   
Based on the measurements of profitability obtained from Rumble's financial statements, Rumble Inc may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Rumble's ability to earn profits and add value for shareholders. As of the 29th of November 2024, Price To Sales Ratio is likely to drop to 10.61. In addition to that, Days Sales Outstanding is likely to drop to 23.30. Rumble reported last year Accumulated Other Comprehensive Income of (16.79 Million). As of the 29th of November 2024, Net Interest Income is likely to grow to about 16.3 M, though Net Loss is likely to grow to (110.6 M).
For Rumble profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Rumble to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Rumble Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Rumble's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Rumble Inc over time as well as its relative position and ranking within its peers.
  
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Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rumble. If investors know Rumble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.65)
Revenue Per Share
0.388
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.31)
Return On Equity
(0.52)
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rumble's market value can be influenced by many factors that don't directly affect Rumble's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Rumble Inc Return On Asset vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Rumble's current stock value. Our valuation model uses many indicators to compare Rumble value to that of its competitors to determine the firm's financial worth.
Rumble Inc is currently regarded as top stock in price to book category among its peers. It is rated third in return on asset category among its peers . As of the 29th of November 2024, Return On Assets is likely to drop to -0.41. Comparative valuation analysis is a catch-all technique that is used if you cannot value Rumble by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Rumble Return On Asset vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Rumble

P/B

 = 

MV Per Share

BV Per Share

 = 
12.18 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Rumble

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.31
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

Rumble Return On Asset Comparison

Rumble is currently under evaluation in return on asset category among its peers.

Rumble Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Rumble, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Rumble will eventually generate negative long term returns. The profitability progress is the general direction of Rumble's change in net profit over the period of time. It can combine multiple indicators of Rumble, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Net Interest Income15.5 M16.3 M
Operating Income-135.5 M-128.8 M
Net Loss-116.4 M-110.6 M
Income Before Tax-119.7 M-113.7 M
Total Other Income Expense Net15.8 M8.1 M
Net Loss-10.3 M-10.8 M
Net Loss-116.4 M-110.6 M
Income Tax Expense-3.3 M-3.1 M
Interest Income15.5 M16.3 M
Change To Netincome-17.6 M-16.7 M
Net Loss(0.58)(0.55)
Income Quality 0.80  0.84 
Net Income Per E B T 0.97  0.78 

Rumble Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Rumble. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Rumble position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Rumble's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in Rumble without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your Rumble position

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When determining whether Rumble Inc is a strong investment it is important to analyze Rumble's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rumble's future performance. For an informed investment choice regarding Rumble Stock, refer to the following important reports:
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You can also try the Stocks Directory module to find actively traded stocks across global markets.
To fully project Rumble's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Rumble Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Rumble's income statement, its balance sheet, and the statement of cash flows.
Potential Rumble investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Rumble investors may work on each financial statement separately, they are all related. The changes in Rumble's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Rumble's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.