Applied Dna Sciences Stock Return On Asset
| APDN Stock | USD 0.15 0.01 6.25% |
Applied DNA Sciences fundamentals help investors to digest information that contributes to Applied DNA's financial success or failures. It also enables traders to predict the movement of Applied Stock. The fundamental analysis module provides a way to measure Applied DNA'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 Applied DNA stock.
As of the 1st of December 2024, Return On Assets is likely to grow to -60.39. Applied | Return On Asset |
Applied DNA Sciences Company Return On Asset Analysis
Applied DNA's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Applied DNA Return On Asset | -0.57 |
Most of Applied DNA's fundamental indicators, such as Return On Asset, 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, Applied DNA Sciences is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Applied Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Applied DNA is extremely important. It helps to project a fair market value of Applied Stock properly, considering its historical fundamentals such as Return On Asset. Since Applied DNA'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 Applied DNA'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 Applied DNA's interrelated accounts and indicators.
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Applied DNA Sciences has a Return On Asset of -0.5744. This is 93.44% lower than that of the Electronic Equipment, Instruments & Components sector and 92.37% lower than that of the Information Technology industry. The return on asset for all United States stocks is notably higher than that of the company.
Applied Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Applied DNA's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Applied DNA could also be used in its relative valuation, which is a method of valuing Applied DNA by comparing valuation metrics of similar companies.Applied DNA is currently under evaluation in return on asset category among its peers.
Applied Fundamentals
| Return On Equity | -0.76 | ||||
| Return On Asset | -0.57 | ||||
| Profit Margin | (2.14) % | ||||
| Operating Margin | (4.20) % | ||||
| Current Valuation | (1.83 M) | ||||
| Shares Outstanding | 50.9 M | ||||
| Shares Owned By Insiders | 0.62 % | ||||
| Shares Owned By Institutions | 0.49 % | ||||
| Number Of Shares Shorted | 476.99 K | ||||
| Price To Earning | (5.06) X | ||||
| Price To Book | 0.63 X | ||||
| Price To Sales | 2.32 X | ||||
| Revenue | 13.37 M | ||||
| Gross Profit | 5.05 M | ||||
| EBITDA | (9.59 M) | ||||
| Net Income | (9.95 M) | ||||
| Cash And Equivalents | 4.68 M | ||||
| Cash Per Share | 0.36 X | ||||
| Total Debt | 1.24 M | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 2.16 X | ||||
| Book Value Per Share | 1.20 X | ||||
| Cash Flow From Operations | (6.22 M) | ||||
| Short Ratio | 0.11 X | ||||
| Earnings Per Share | (7.50) X | ||||
| Target Price | 1.5 | ||||
| Number Of Employees | 52 | ||||
| Beta | 0.45 | ||||
| Market Capitalization | 7.88 M | ||||
| Total Asset | 13.65 M | ||||
| Retained Earnings | (302.45 M) | ||||
| Working Capital | 5.28 M | ||||
| Current Asset | 11.35 M | ||||
| Current Liabilities | 4.08 M | ||||
| Net Asset | 13.65 M |
About Applied DNA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Applied DNA Sciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Applied DNA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Applied DNA Sciences 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.
Pair Trading with Applied DNA
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 Applied DNA 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 Applied DNA will appreciate offsetting losses from the drop in the long position's value.Moving against Applied Stock
| 0.87 | GLW | Corning Incorporated | PairCorr |
| 0.87 | JBL | Jabil Circuit | PairCorr |
| 0.81 | ZBRA | Zebra Technologies | PairCorr |
| 0.75 | FLEX | Flex | PairCorr |
| 0.75 | MYNA | Mynaric AG ADR | PairCorr |
The ability to find closely correlated positions to Applied DNA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied DNA 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 Applied DNA - 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 Applied DNA Sciences to buy it.
The correlation of Applied DNA 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 Applied DNA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied DNA Sciences 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 Applied DNA 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.Check out Applied DNA Piotroski F Score and Applied DNA Altman Z Score analysis. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Electronic Equipment, Instruments & Components 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 Applied DNA. If investors know Applied 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 Applied DNA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.50) | Revenue Per Share 2.202 | Quarterly Revenue Growth (0.73) | Return On Assets (0.57) | Return On Equity (0.76) |
The market value of Applied DNA Sciences is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied DNA's value that differs from its market value or its book value, called intrinsic value, which is Applied DNA'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 Applied DNA's market value can be influenced by many factors that don't directly affect Applied DNA'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 Applied DNA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied DNA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied DNA'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.