Pedevco Corp Stock Fundamentals
| PED Stock | USD 0.93 0.04 4.49% |
PEDEVCO Corp fundamentals help investors to digest information that contributes to PEDEVCO Corp's financial success or failures. It also enables traders to predict the movement of PEDEVCO Stock. The fundamental analysis module provides a way to measure PEDEVCO Corp'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 PEDEVCO Corp stock.
At present, PEDEVCO Corp's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 10.6 M, whereas Total Operating Expenses is forecasted to decline to about 5.5 M. PEDEVCO | Select Account or Indicator |
PEDEVCO Corp Company Return On Equity Analysis
PEDEVCO Corp's 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 PEDEVCO Corp Return On Equity | 0.0027 |
Most of PEDEVCO Corp's 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, PEDEVCO Corp 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.
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PEDEVCO Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, PEDEVCO Corp has a Return On Equity of 0.0027. This is 100.14% lower than that of the Oil, Gas & Consumable Fuels sector and 99.85% lower than that of the Energy industry. The return on equity for all United States stocks is 100.87% lower than that of the firm.
PEDEVCO Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PEDEVCO Corp's current stock value. Our valuation model uses many indicators to compare PEDEVCO Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PEDEVCO Corp competition to find correlations between indicators driving PEDEVCO Corp's intrinsic value. More Info.PEDEVCO Corp is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies reporting about 7.96 of Return On Asset per Return On Equity. At present, PEDEVCO Corp's Return On Equity is projected to drop based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value PEDEVCO Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for PEDEVCO Corp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 PEDEVCO Corp's earnings, one of the primary drivers of an investment's value.PEDEVCO Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PEDEVCO Corp's 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 PEDEVCO Corp could also be used in its relative valuation, which is a method of valuing PEDEVCO Corp by comparing valuation metrics of similar companies.PEDEVCO Corp is currently under evaluation in return on equity category among related companies.
PEDEVCO Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of PEDEVCO Corp from analyzing PEDEVCO Corp's financial statements. These drivers represent accounts that assess PEDEVCO Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of PEDEVCO Corp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 85.0M | 109.0M | 84.8M | 94.1M | 67.0M | 70.6M | |
| Enterprise Value | 63.0M | 101.7M | 59.0M | 64.7M | 48.8M | 76.7M |
PEDEVCO Fundamentals
| Return On Equity | 0.0027 | |||
| Return On Asset | 0.0215 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 56.86 M | |||
| Shares Outstanding | 89.36 M | |||
| Shares Owned By Insiders | 70.90 % | |||
| Shares Owned By Institutions | 3.12 % | |||
| Number Of Shares Shorted | 128.35 K | |||
| Price To Earning | 57.00 X | |||
| Price To Book | 0.80 X | |||
| Price To Sales | 2.57 X | |||
| Revenue | 30.78 M | |||
| Gross Profit | 19.64 M | |||
| EBITDA | 15.04 M | |||
| Net Income | 264 K | |||
| Cash And Equivalents | 23.06 M | |||
| Cash Per Share | 0.27 X | |||
| Total Debt | 316 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 7.60 X | |||
| Book Value Per Share | 1.13 X | |||
| Cash Flow From Operations | 23.48 M | |||
| Short Ratio | 1.18 X | |||
| Target Price | 2.2 | |||
| Number Of Employees | 15 | |||
| Beta | 0.56 | |||
| Market Capitalization | 75.06 M | |||
| Total Asset | 120.06 M | |||
| Retained Earnings | (126.48 M) | |||
| Working Capital | 5.71 M | |||
| Current Asset | 1.38 M | |||
| Current Liabilities | 3.1 M | |||
| Net Asset | 120.06 M |
About PEDEVCO Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PEDEVCO Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PEDEVCO Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PEDEVCO 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 Reported | Projected for Next Year | ||
| Current Deferred Revenue | 640.5 K | 335.3 K | |
| Total Revenue | 30.8 M | 32.3 M | |
| Cost Of Revenue | 20.7 M | 21.7 M | |
| Stock Based Compensation To Revenue | 0.07 | 0.06 | |
| Sales General And Administrative To Revenue | 0.20 | 0.19 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (1.14) | (1.19) | |
| Revenue Per Share | 0.35 | 0.34 | |
| Ebit Per Revenue | 0.13 | 0.14 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards PEDEVCO Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, PEDEVCO Corp's short interest history, or implied volatility extrapolated from PEDEVCO Corp options trading.
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Check out PEDEVCO Corp Piotroski F Score and PEDEVCO Corp Altman Z Score analysis. For information on how to trade PEDEVCO Stock refer to our How to Trade PEDEVCO Stock guide.Note that the PEDEVCO Corp information on this page should be used as a complementary analysis to other PEDEVCO Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for PEDEVCO Stock analysis
When running PEDEVCO Corp's price analysis, check to measure PEDEVCO Corp'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 PEDEVCO Corp is operating at the current time. Most of PEDEVCO Corp's value examination focuses on studying past and present price action to predict the probability of PEDEVCO Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PEDEVCO Corp's price. Additionally, you may evaluate how the addition of PEDEVCO Corp to your portfolios can decrease your overall portfolio volatility.
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Is PEDEVCO Corp's industry 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 PEDEVCO Corp. If investors know PEDEVCO 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 PEDEVCO Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share 0.354 | Quarterly Revenue Growth 0.138 | Return On Assets 0.0215 | Return On Equity 0.0027 |
The market value of PEDEVCO Corp is measured differently than its book value, which is the value of PEDEVCO that is recorded on the company's balance sheet. Investors also form their own opinion of PEDEVCO Corp's value that differs from its market value or its book value, called intrinsic value, which is PEDEVCO Corp'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 PEDEVCO Corp's market value can be influenced by many factors that don't directly affect PEDEVCO Corp'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 PEDEVCO Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PEDEVCO Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PEDEVCO Corp'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.