Western Uranium & Vanadium Corp. (CNSX:WUC) Profitability in Focus With ROIC Quality of
Date: Oct 10, 2018
Looking at some ROIC (Return on Invested Capital) numbers, Western Uranium & Vanadium Corp. (CNSX:WUC)’s ROIC Quality Score is . ROIC is a profitability ratio that measures the return that an investment generates for those providing capital. ROIC helps show how efficient a firm is at turning capital into profits. This formula is calculated by 5 year average Return on Invested Capital (ROIC) / Standard Deviation of the 5 year ROIC. The higher the ratio, the better as a higher score indicates a more stable return on invested capital.
Investing in the stock market will always come with ups and downs. There are so many different factors that can have an impact on the day to day movements of stock prices. Finding the correct investing strategy may take some time. Many investors may have the tendency to become impatient when the portfolio is not performing up to snuff. Sometimes an original plan may be solid, but it needs some time to start to work itself out. Staying on the right track can be much easier said than done. There are always forces leading the investor to question their holdings. Giving up on a strategy too early can result in a lot of second guessing. There may be a time when the plan needs to be modified to adapt with changing market environments, but pulling the cord based on some early trouble may not be the best solution.
Western Uranium & Vanadium Corp. (CNSX:WUC) has a Price to Book ratio of 3.666987. This ratio is calculated by dividing the current share price by the book value per share. Investors may use Price to Book to display how the market portrays the value of a stock. Checking in on some other ratios, the company has a Price to Cash Flow ratio of -50.811524, and a current Price to Earnings ratio of -344.716081. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued.
