Starbox Group Holdings Stock Return On Equity

STBX Stock  USD 0.13  0.01  8.33%   
Starbox Group Holdings fundamentals help investors to digest information that contributes to Starbox Group's financial success or failures. It also enables traders to predict the movement of Starbox Stock. The fundamental analysis module provides a way to measure Starbox Group'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 Starbox Group stock.
Last ReportedProjected for Next Year
Return On Equity 0.03  0.03 
Return On Equity is likely to drop to 0.03 in 2024.
  
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Starbox Group Holdings Company Return On Equity Analysis

Starbox Group'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Starbox Group Return On Equity

    
  -0.14  
Most of Starbox Group'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, Starbox Group Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Starbox Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Starbox Group is extremely important. It helps to project a fair market value of Starbox Stock properly, considering its historical fundamentals such as Return On Equity. Since Starbox Group'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 Starbox Group'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 Starbox Group's interrelated accounts and indicators.
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Starbox Return On Equity Historical Pattern

Today, most investors in Starbox Group Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Starbox Group's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Starbox Group return on equity as a starting point in their analysis.
   Starbox Group Return On Equity   
       Timeline  
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

Starbox Total Stockholder Equity

Total Stockholder Equity

108.43 Million

At this time, Starbox Group's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Starbox Group Holdings has a Return On Equity of -0.1418. This is 101.37% lower than that of the Entertainment sector and significantly lower than that of the Communication Services industry. The return on equity for all United States stocks is 54.26% lower than that of the firm.

Starbox Return On Equity Peer Comparison

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

Starbox Fundamentals

About Starbox Group Fundamental Analysis

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

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Additional Tools for Starbox Stock Analysis

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