Asa Gold And Stock Return On Equity
| ASA Stock | USD 20.39 0.09 0.44% |
ASA Gold and fundamentals help investors to digest information that contributes to ASA Gold's financial success or failures. It also enables traders to predict the movement of ASA Stock. The fundamental analysis module provides a way to measure ASA Gold'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 ASA Gold stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.03 | 0.04 |
ASA | Return On Equity |
ASA Gold and Company Return On Equity Analysis
ASA Gold'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 ASA Gold Return On Equity | 0.23 |
Most of ASA Gold'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, ASA Gold and is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ASA Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for ASA Gold is extremely important. It helps to project a fair market value of ASA Stock properly, considering its historical fundamentals such as Return On Equity. Since ASA Gold'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 ASA Gold'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 ASA Gold's interrelated accounts and indicators.
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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.
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ASA Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, ASA Gold and has a Return On Equity of 0.2291. This is 84.2% lower than that of the Capital Markets sector and 96.6% lower than that of the Financials industry. The return on equity for all United States stocks is 173.9% lower than that of the firm.
ASA Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASA Gold'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 ASA Gold could also be used in its relative valuation, which is a method of valuing ASA Gold by comparing valuation metrics of similar companies.ASA Gold is currently under evaluation in return on equity category among its peers.
ASA Fundamentals
| Return On Equity | 0.23 | |||
| Return On Asset | -0.0069 | |||
| Profit Margin | 43.74 % | |||
| Operating Margin | (1.91) % | |||
| Current Valuation | 380.65 M | |||
| Shares Outstanding | 19.1 M | |||
| Shares Owned By Insiders | 0.73 % | |||
| Shares Owned By Institutions | 60.01 % | |||
| Number Of Shares Shorted | 18.61 K | |||
| Price To Earning | 1.70 X | |||
| Price To Book | 0.95 X | |||
| Price To Sales | 195.39 X | |||
| Revenue | 2.39 M | |||
| Gross Profit | 2.55 M | |||
| EBITDA | 9.54 M | |||
| Net Income | 9.73 M | |||
| Cash And Equivalents | 1.19 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 706.53 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 2.78 X | |||
| Book Value Per Share | 22.10 X | |||
| Cash Flow From Operations | 18.35 M | |||
| Short Ratio | 0.46 X | |||
| Earnings Per Share | 3.25 X | |||
| Beta | 1.19 | |||
| Market Capitalization | 381.5 M | |||
| Total Asset | 335.62 M | |||
| Retained Earnings | 314.25 M | |||
| Annual Yield | 0 % | |||
| Five Year Return | 0.20 % | |||
| Net Asset | 335.62 M | |||
| Last Dividend Paid | 0.03 |
About ASA Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ASA Gold and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASA Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASA Gold and 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock:Check out ASA Gold Piotroski F Score and ASA Gold Altman Z Score analysis. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Asset Management & Custody Banks 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 ASA Gold. If investors know ASA 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 ASA Gold 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 3.282 | Dividend Share 0.03 | Earnings Share 3.25 | Revenue Per Share 0.104 | Quarterly Revenue Growth (0.44) |
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold'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 ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold'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 ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold'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.