Vitalhub Corp Stock Return On Equity
| VHI Stock | 8.93 0.07 0.78% |
Vitalhub Corp fundamentals help investors to digest information that contributes to Vitalhub Corp's financial success or failures. It also enables traders to predict the movement of Vitalhub Stock. The fundamental analysis module provides a way to measure Vitalhub 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 Vitalhub Corp stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.06 | 0.06 |
Vitalhub | Return On Equity |
Vitalhub Corp Company Return On Equity Analysis
Vitalhub 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 Vitalhub Corp Return On Equity | 0.0473 |
Most of Vitalhub 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, Vitalhub Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Vitalhub Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Vitalhub Corp is extremely important. It helps to project a fair market value of Vitalhub Stock properly, considering its historical fundamentals such as Return On Equity. Since Vitalhub Corp's 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 Vitalhub Corp's 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 Vitalhub Corp's interrelated accounts and indicators.
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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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Vitalhub Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Vitalhub Corp has a Return On Equity of 0.0473. This is 100.2% lower than that of the Health Care Technology sector and significantly higher than that of the Health Care industry. The return on equity for all Canada stocks is 115.26% lower than that of the firm.
Vitalhub Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vitalhub 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 Vitalhub Corp could also be used in its relative valuation, which is a method of valuing Vitalhub Corp by comparing valuation metrics of similar companies.Vitalhub Corp is currently under evaluation in return on equity category among its peers.
Vitalhub Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Vitalhub Corp from analyzing Vitalhub Corp's financial statements. These drivers represent accounts that assess Vitalhub Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Vitalhub Corp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 38.1M | 48.0M | 120.1M | 110.0M | 99.0M | 103.9M | |
| Enterprise Value | 37.7M | 48.5M | 104.5M | 93.4M | 84.0M | 88.3M |
Vitalhub Fundamentals
| Return On Equity | 0.0473 | ||||
| Return On Asset | 0.0381 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 382.93 M | ||||
| Shares Outstanding | 50.85 M | ||||
| Shares Owned By Insiders | 18.57 % | ||||
| Shares Owned By Institutions | 32.03 % | ||||
| Number Of Shares Shorted | 78.55 K | ||||
| Price To Book | 3.66 X | ||||
| Price To Sales | 7.79 X | ||||
| Revenue | 52.51 M | ||||
| Gross Profit | 32.94 M | ||||
| EBITDA | 11.84 M | ||||
| Net Income | 4.55 M | ||||
| Total Debt | 541.09 K | ||||
| Book Value Per Share | 2.44 X | ||||
| Cash Flow From Operations | 20.47 M | ||||
| Short Ratio | 0.66 X | ||||
| Earnings Per Share | 0.11 X | ||||
| Price To Earnings To Growth | 1.18 X | ||||
| Target Price | 9.67 | ||||
| Number Of Employees | 353 | ||||
| Beta | 1.26 | ||||
| Market Capitalization | 454.12 M | ||||
| Total Asset | 118.78 M | ||||
| Retained Earnings | (3.44 M) | ||||
| Working Capital | 14.84 M | ||||
| Net Asset | 118.78 M |
About Vitalhub Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vitalhub Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vitalhub Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vitalhub 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.
Pair Trading with Vitalhub Corp
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 Vitalhub Corp 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 Vitalhub Corp will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Vitalhub Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vitalhub Corp 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 Vitalhub Corp - 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 Vitalhub Corp to buy it.
The correlation of Vitalhub Corp 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 Vitalhub Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vitalhub Corp 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 Vitalhub Corp 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.Other Information on Investing in Vitalhub Stock
Vitalhub Corp financial ratios help investors to determine whether Vitalhub 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 Vitalhub with respect to the benefits of owning Vitalhub Corp security.