Unifirst Return On Assets from 2010 to 2024

UNF Stock  USD 202.84  3.38  1.64%   
Unifirst's Return On Assets are decreasing over the last several years with slightly volatile swings. Return On Assets are estimated to finish at 0.07 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Unifirst earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.05395093
Current Value
0.0722
Quarterly Volatility
0.02250018
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Unifirst financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unifirst's main balance sheet or income statement drivers, such as Depreciation And Amortization of 148.5 M, Interest Expense of 5.2 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 0.88, Dividend Yield of 0.0051 or PTB Ratio of 1.94. Unifirst financial statements analysis is a perfect complement when working with Unifirst Valuation or Volatility modules.
  
Check out the analysis of Unifirst Correlation against competitors.
For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.

Latest Unifirst's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Unifirst over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Unifirst's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Unifirst's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Unifirst Return On Assets Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.06
Coefficient Of Variation34.26
Mean Deviation0.02
Median0.07
Standard Deviation0.02
Sample Variance0.0005
Range0.0486
R-Value(0.49)
Mean Square Error0.0004
R-Squared0.24
Significance0.06
Slope(0)
Total Sum of Squares0.01

Unifirst Return On Assets History

2024 0.0722
2023 0.054
2018 0.0403
2012 0.0889
2011 0.0766
2010 0.0472

About Unifirst Financial Statements

Unifirst stakeholders use historical fundamental indicators, such as Unifirst's Return On Assets, to determine how well the company is positioned to perform in the future. Although Unifirst investors may analyze each financial statement separately, they are all interrelated. For example, changes in Unifirst's assets and liabilities are reflected in the revenues and expenses on Unifirst's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Unifirst. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.05  0.07 

Currently Active Assets on Macroaxis

When determining whether Unifirst is a strong investment it is important to analyze Unifirst's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Unifirst's future performance. For an informed investment choice regarding Unifirst Stock, refer to the following important reports:
Check out the analysis of Unifirst Correlation against competitors.
For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Commercial Services & Supplies 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 Unifirst. If investors know Unifirst 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 Unifirst listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.626
Dividend Share
1.32
Earnings Share
7.77
Revenue Per Share
130.066
Quarterly Revenue Growth
0.119
The market value of Unifirst is measured differently than its book value, which is the value of Unifirst that is recorded on the company's balance sheet. Investors also form their own opinion of Unifirst's value that differs from its market value or its book value, called intrinsic value, which is Unifirst'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 Unifirst's market value can be influenced by many factors that don't directly affect Unifirst'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 Unifirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unifirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unifirst'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.