Vox Royalty Corp Stock Fundamentals
| VOXR Stock | USD 2.41 0.06 2.43% |
Vox Royalty Corp fundamentals help investors to digest information that contributes to Vox Royalty's financial success or failures. It also enables traders to predict the movement of Vox Stock. The fundamental analysis module provides a way to measure Vox Royalty'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 Vox Royalty stock.
At this time, Vox Royalty's Operating Income is relatively stable compared to the past year. As of 12/19/2024, EBITDA is likely to grow to about 5.9 M, while Selling General Administrative is likely to drop slightly above 5.6 M. Vox | Select Account or Indicator |
Vox Royalty Corp Company Return On Equity Analysis
Vox Royalty'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 Vox Royalty Return On Equity | -0.0252 |
Most of Vox Royalty'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, Vox Royalty 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 |
Vox Other Stockholder Equity
Other Stockholder Equity |
|
Based on the latest financial disclosure, Vox Royalty Corp has a Return On Equity of -0.0252. This is 102.77% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The return on equity for all United States stocks is 91.87% lower than that of the firm.
Vox Royalty Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vox Royalty's current stock value. Our valuation model uses many indicators to compare Vox Royalty value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vox Royalty competition to find correlations between indicators driving Vox Royalty's intrinsic value. More Info.Vox Royalty Corp is rated below average in return on equity category among its peers. It is rated first in return on asset category among its peers . At this time, Vox Royalty's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Vox Royalty by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Vox Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vox Royalty'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 Vox Royalty could also be used in its relative valuation, which is a method of valuing Vox Royalty by comparing valuation metrics of similar companies.Vox Royalty is currently under evaluation in return on equity category among its peers.
Vox Royalty Current Valuation Drivers
We derive many important indicators used in calculating different scores of Vox Royalty from analyzing Vox Royalty's financial statements. These drivers represent accounts that assess Vox Royalty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Vox Royalty's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 3.7M | 69.0M | 104.5M | 99.2M | 97.1M | 49.8M | |
| Enterprise Value | 5.0M | 65.8M | 99.5M | 95.0M | 87.8M | 47.5M |
Vox Royalty ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Vox Royalty's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Vox Royalty's managers, analysts, and investors.Environmental | Governance | Social |
Vox Fundamentals
| Return On Equity | -0.0252 | ||||
| Return On Asset | 0.006 | ||||
| Profit Margin | (0.1) % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 113.13 M | ||||
| Shares Outstanding | 50.59 M | ||||
| Shares Owned By Insiders | 17.49 % | ||||
| Shares Owned By Institutions | 49.16 % | ||||
| Number Of Shares Shorted | 100.33 K | ||||
| Price To Book | 2.76 X | ||||
| Price To Sales | 10.48 X | ||||
| Revenue | 12.31 M | ||||
| Gross Profit | 8.2 M | ||||
| EBITDA | 5.58 M | ||||
| Net Income | (102.97 K) | ||||
| Cash And Equivalents | 1.53 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 7.78 M | ||||
| Current Ratio | 2.37 X | ||||
| Book Value Per Share | 0.88 X | ||||
| Cash Flow From Operations | 5.37 M | ||||
| Short Ratio | 0.40 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Target Price | 4.45 | ||||
| Beta | 0.34 | ||||
| Market Capitalization | 116.84 M | ||||
| Total Asset | 52.71 M | ||||
| Retained Earnings | (26.98 M) | ||||
| Working Capital | 10.38 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 52.71 M | ||||
| Last Dividend Paid | 0.047 |
About Vox Royalty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vox Royalty Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vox Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vox Royalty 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 | 146.8 K | 130.5 K | |
| Total Revenue | 12.3 M | 12.9 M | |
| Cost Of Revenue | 2.3 M | 2.4 M | |
| Stock Based Compensation To Revenue | 0.14 | 0.13 | |
| Sales General And Administrative To Revenue | 0.52 | 0.50 | |
| Capex To Revenue | 0.45 | 0.42 | |
| Revenue Per Share | 0.26 | 0.27 | |
| Ebit Per Revenue | 0.14 | 0.15 |
Pair Trading with Vox Royalty
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 Vox Royalty 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 Vox Royalty will appreciate offsetting losses from the drop in the long position's value.Moving together with Vox Stock
Moving against Vox Stock
| 0.63 | SLSR | Solaris Resources | PairCorr |
| 0.39 | MPVDF | Mountain Province | PairCorr |
| 0.38 | PPTA | Perpetua Resources Corp | PairCorr |
The ability to find closely correlated positions to Vox Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vox Royalty 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 Vox Royalty - 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 Vox Royalty Corp to buy it.
The correlation of Vox Royalty 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 Vox Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vox Royalty 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 Vox Royalty 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.Additional Tools for Vox Stock Analysis
When running Vox Royalty's price analysis, check to measure Vox Royalty'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 Vox Royalty is operating at the current time. Most of Vox Royalty's value examination focuses on studying past and present price action to predict the probability of Vox Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vox Royalty's price. Additionally, you may evaluate how the addition of Vox Royalty to your portfolios can decrease your overall portfolio volatility.