Cn Energy Group Stock Return On Asset
| CNEY Stock | USD 0.31 0.03 7.85% |
CN Energy Group fundamentals help investors to digest information that contributes to CN Energy's financial success or failures. It also enables traders to predict the movement of CNEY Stock. The fundamental analysis module provides a way to measure CN Energy'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 CN Energy stock.
Return On Assets is likely to rise to -0.05 in 2024. CNEY | Return On Asset |
CN Energy Group Company Return On Asset Analysis
CN Energy'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 CN Energy Return On Asset | -0.0222 |
Most of CN Energy'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, CN Energy Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
CNEY Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for CN Energy is extremely important. It helps to project a fair market value of CNEY Stock properly, considering its historical fundamentals such as Return On Asset. Since CN Energy'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 CN Energy'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 CN Energy's interrelated accounts and indicators.
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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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CNEY Total Assets
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Based on the latest financial disclosure, CN Energy Group has a Return On Asset of -0.0222. This is 103.0% lower than that of the Metals & Mining sector and 101.21% lower than that of the Materials industry. The return on asset for all United States stocks is 84.14% lower than that of the firm.
CNEY Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CN Energy'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 CN Energy could also be used in its relative valuation, which is a method of valuing CN Energy by comparing valuation metrics of similar companies.CN Energy is currently under evaluation in return on asset category among its peers.
CN Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of CN Energy from analyzing CN Energy's financial statements. These drivers represent accounts that assess CN Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CN Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Enterprise Value | 132.7M | 141.3M | 31.9M | 13.6M | 15.6M | 14.8M |
CNEY Fundamentals
| Return On Equity | -0.0417 | ||||
| Return On Asset | -0.0222 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 8.67 M | ||||
| Shares Outstanding | 6.81 M | ||||
| Shares Owned By Insiders | 2.79 % | ||||
| Shares Owned By Institutions | 0.41 % | ||||
| Number Of Shares Shorted | 3.25 K | ||||
| Price To Earning | 11.31 X | ||||
| Price To Book | 0.02 X | ||||
| Price To Sales | 0.09 X | ||||
| Revenue | 57.9 M | ||||
| Gross Profit | 3.64 M | ||||
| EBITDA | (2.38 M) | ||||
| Net Income | (5.63 M) | ||||
| Cash And Equivalents | 5.03 M | ||||
| Cash Per Share | 0.25 X | ||||
| Total Debt | 7.29 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 8.12 X | ||||
| Book Value Per Share | 32.35 X | ||||
| Cash Flow From Operations | (30.16 M) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | (4.67) X | ||||
| Number Of Employees | 30 | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 6.22 M | ||||
| Total Asset | 126.2 M | ||||
| Retained Earnings | (3.21 M) | ||||
| Working Capital | 49.92 M | ||||
| Net Asset | 126.2 M |
About CN Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CN Energy Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CN Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CN Energy Group 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.
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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.Additional Tools for CNEY Stock Analysis
When running CN Energy's price analysis, check to measure CN Energy'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 CN Energy is operating at the current time. Most of CN Energy's value examination focuses on studying past and present price action to predict the probability of CN Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CN Energy's price. Additionally, you may evaluate how the addition of CN Energy to your portfolios can decrease your overall portfolio volatility.