Skyx Platforms Corp Stock Fundamentals

SKYX Stock  USD 1.01  0.01  1.00%   
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess SKYX Platforms' long-term financial health and intrinsic value.
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SKYX Platforms Corp Company Return On Equity Analysis

SKYX Platforms' 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current SKYX Platforms Return On Equity

    
  -3.95  
Most of SKYX Platforms' 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, SKYX Platforms 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.
Competition

Based on the latest financial disclosure, SKYX Platforms Corp has a Return On Equity of -3.9545. This is 998.75% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The return on equity for all United States stocks is notably higher than that of the company.

SKYX Platforms Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining SKYX Platforms's current stock value. Our valuation model uses many indicators to compare SKYX Platforms value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SKYX Platforms competition to find correlations between indicators driving SKYX Platforms's intrinsic value. More Info.
SKYX Platforms Corp is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . 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 SKYX Platforms' earnings, one of the primary drivers of an investment's value.

SKYX Return On Equity Peer Comparison

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

SKYX Fundamentals

About SKYX Platforms Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SKYX Platforms Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SKYX Platforms using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SKYX Platforms 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.
SKYX Platforms Corp. provides a series of safe-smart platform technologies. SKYX Platforms Corp. was incorporated in 2004 and is headquartered in Pompano Beach, Florida. Skyx Platforms operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 26 people.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for SKYX Stock Analysis

When running SKYX Platforms' price analysis, check to measure SKYX Platforms' 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 SKYX Platforms is operating at the current time. Most of SKYX Platforms' value examination focuses on studying past and present price action to predict the probability of SKYX Platforms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKYX Platforms' price. Additionally, you may evaluate how the addition of SKYX Platforms to your portfolios can decrease your overall portfolio volatility.