City Developments Limited Stock Return On Equity
| CDEVF Stock | USD 4.38 0.00 0.00% |
City Developments Limited fundamentals help investors to digest information that contributes to City Developments' financial success or failures. It also enables traders to predict the movement of City Pink Sheet. The fundamental analysis module provides a way to measure City Developments' 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 City Developments pink sheet.
City |
City Developments Limited Company Return On Equity Analysis
City Developments' 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 City Developments Return On Equity | 0.14 |
Most of City Developments' 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, City Developments 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, City Developments Limited has a Return On Equity of 0.139. This is 110.22% lower than that of the Real Estate sector and significantly higher than that of the Real Estate—Development industry. The return on equity for all United States stocks is 144.84% lower than that of the firm.
City Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses City Developments' 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 City Developments could also be used in its relative valuation, which is a method of valuing City Developments by comparing valuation metrics of similar companies.City Developments is currently under evaluation in return on equity category among related companies.
City Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0067 | |||
| Profit Margin | 0.43 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 11.32 B | |||
| Shares Outstanding | 906.9 M | |||
| Shares Owned By Insiders | 53.30 % | |||
| Shares Owned By Institutions | 14.61 % | |||
| Price To Earning | 5.87 X | |||
| Price To Book | 0.81 X | |||
| Price To Sales | 1.90 X | |||
| Revenue | 2.63 B | |||
| Gross Profit | 977.71 M | |||
| EBITDA | 686.23 M | |||
| Net Income | 97.66 M | |||
| Cash And Equivalents | 2.16 B | |||
| Cash Per Share | 2.38 X | |||
| Total Debt | 5.95 B | |||
| Debt To Equity | 1.05 % | |||
| Current Ratio | 1.76 X | |||
| Book Value Per Share | 9.82 X | |||
| Cash Flow From Operations | 1.13 B | |||
| Earnings Per Share | 0.99 X | |||
| Price To Earnings To Growth | 3.73 X | |||
| Number Of Employees | 31 | |||
| Beta | 0.93 | |||
| Market Capitalization | 5.56 B | |||
| Total Asset | 23.89 B | |||
| Retained Earnings | 7.35 B | |||
| Working Capital | 6.81 B | |||
| Current Asset | 10.71 B | |||
| Current Liabilities | 3.9 B | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 23.89 B | |||
| Last Dividend Paid | 0.08 |
About City Developments Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze City Developments Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of City Developments using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of City Developments 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.
Pair Trading with City Developments
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 City Developments 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 City Developments will appreciate offsetting losses from the drop in the long position's value.Moving together with City Pink Sheet
| 0.68 | CRBJF | China Resources Land | PairCorr |
Moving against City Pink Sheet
| 0.81 | GE | GE Aerospace Earnings Call This Week | PairCorr |
| 0.73 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.63 | PBCRY | Bank Central Asia | PairCorr |
| 0.62 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.58 | SHG | Shinhan Financial Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to City Developments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace City Developments 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 City Developments - 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 City Developments Limited to buy it.
The correlation of City Developments 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 City Developments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Developments 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 City Developments 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in City Developments Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for City Pink Sheet analysis
When running City Developments' price analysis, check to measure City Developments' 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 City Developments is operating at the current time. Most of City Developments' value examination focuses on studying past and present price action to predict the probability of City Developments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move City Developments' price. Additionally, you may evaluate how the addition of City Developments to your portfolios can decrease your overall portfolio volatility.
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