Royalty Management Holding Stock Price To Sales
| RMCO Stock | 1.03 0.06 5.50% |
Royalty Management Holding fundamentals help investors to digest information that contributes to Royalty Management's financial success or failures. It also enables traders to predict the movement of Royalty Stock. The fundamental analysis module provides a way to measure Royalty Management'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 Royalty Management stock.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 66.69 | 63.36 |
Royalty |
Royalty Management Holding Company Price To Sales Analysis
Royalty Management's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Royalty Management Price To Sales | 23.91 X |
Most of Royalty Management's fundamental indicators, such as Price To Sales, 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, Royalty Management Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Royalty Price To Sales Driver Correlations
Understanding the fundamental principles of building solid financial models for Royalty Management is extremely important. It helps to project a fair market value of Royalty Stock properly, considering its historical fundamentals such as Price To Sales. Since Royalty Management'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 Royalty Management'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 Royalty Management's interrelated accounts and indicators.
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The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Royalty Management Holding has a Price To Sales of 23.907 times. This is much higher than that of the Capital Markets sector and 58.22% higher than that of the Financials industry. The price to sales for all United States stocks is 109.34% lower than that of the firm.
Royalty Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royalty Management's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Royalty Management could also be used in its relative valuation, which is a method of valuing Royalty Management by comparing valuation metrics of similar companies.Royalty Management is currently under evaluation in price to sales category among its peers.
Royalty Fundamentals
| Return On Equity | -0.17 | |||
| Return On Asset | -0.077 | |||
| Profit Margin | (2.46) % | |||
| Operating Margin | (0.65) % | |||
| Current Valuation | 17.35 M | |||
| Shares Outstanding | 14.95 M | |||
| Shares Owned By Insiders | 50.42 % | |||
| Shares Owned By Institutions | 1.25 % | |||
| Number Of Shares Shorted | 44.17 K | |||
| Price To Book | 1.45 X | |||
| Price To Sales | 23.91 X | |||
| Revenue | 361.62 K | |||
| EBITDA | (1.67 M) | |||
| Net Income | (2.07 M) | |||
| Total Debt | 2.4 M | |||
| Book Value Per Share | 0.67 X | |||
| Cash Flow From Operations | (1.91 M) | |||
| Short Ratio | 4.34 X | |||
| Earnings Per Share | (0.11) X | |||
| Beta | -0.24 | |||
| Market Capitalization | 15.4 M | |||
| Total Asset | 13.61 M | |||
| Retained Earnings | 1.39 M | |||
| Working Capital | (1.08 M) | |||
| Net Asset | 13.61 M |
About Royalty Management Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Royalty Management Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royalty Management using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royalty Management Holding 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 Royalty Management
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 Royalty Management 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 Royalty Management will appreciate offsetting losses from the drop in the long position's value.Moving together with Royalty Stock
| 0.74 | V | Visa Class A | PairCorr |
| 0.78 | LC | LendingClub Corp | PairCorr |
| 0.73 | LX | Lexinfintech Holdings Earnings Call This Week | PairCorr |
| 0.8 | MA | Mastercard | PairCorr |
Moving against Royalty Stock
| 0.75 | WU | Western Union | PairCorr |
| 0.61 | PT | Pintec Technology | PairCorr |
| 0.57 | RM | Regional Management Corp | PairCorr |
| 0.41 | ORGN | Origin Materials | PairCorr |
The ability to find closely correlated positions to Royalty Management could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Royalty Management 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 Royalty Management - 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 Royalty Management Holding to buy it.
The correlation of Royalty Management 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 Royalty Management moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Royalty Management 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 Royalty Management 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 Royalty Management Piotroski F Score and Royalty Management Altman Z Score analysis. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Asset Management & Custody Banks 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 Royalty Management. If investors know Royalty 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 Royalty Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 0.03 | Quarterly Revenue Growth 2.831 | Return On Assets (0.08) | Return On Equity (0.17) |
The market value of Royalty Management is measured differently than its book value, which is the value of Royalty that is recorded on the company's balance sheet. Investors also form their own opinion of Royalty Management's value that differs from its market value or its book value, called intrinsic value, which is Royalty Management'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 Royalty Management's market value can be influenced by many factors that don't directly affect Royalty Management'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 Royalty Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royalty Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royalty Management'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.