Entree Resources Stock Return On Equity

ETG Stock  CAD 1.52  0.02  1.33%   
Entree Resources fundamentals help investors to digest information that contributes to Entree Resources' financial success or failures. It also enables traders to predict the movement of Entree Stock. The fundamental analysis module provides a way to measure Entree Resources' 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 Entree Resources stock.
Last ReportedProjected for Next Year
As of the 12th of June 2024, Return On Equity is likely to grow to 0.0002.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Entree Resources Company Return On Equity Analysis

Entree Resources' 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 Entree Resources Return On Equity

    
  1.56E-4  
Most of Entree Resources' 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, Entree Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Entree Return On Equity Driver Correlations

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

Entree Total Stockholder Equity

Total Stockholder Equity

(61.39 Million)

Entree Resources reported last year Total Stockholder Equity of (64.62 Million)

Entree Return On Equity Peer Comparison

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

Entree Resources Current Valuation Drivers

We derive many important indicators used in calculating different scores of Entree Resources from analyzing Entree Resources' financial statements. These drivers represent accounts that assess Entree Resources' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Entree Resources' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap49.8M78.5M119.9M167.3M171.9M180.5M
Enterprise Value53.8M81.1M123.2M172.6M178.5M187.5M

Entree Fundamentals

About Entree Resources Fundamental Analysis

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Entree Stock

Entree Resources financial ratios help investors to determine whether Entree Stock 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 Entree with respect to the benefits of owning Entree Resources security.