Corpay Inc Stock Return On Asset

CPAY Stock   343.83  4.74  1.40%   
Corpay Inc fundamentals help investors to digest information that contributes to Corpay's financial success or failures. It also enables traders to predict the movement of Corpay Stock. The fundamental analysis module provides a way to measure Corpay'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 Corpay stock.
Return On Assets is likely to drop to 0.05 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Corpay Inc Company Return On Asset Analysis

Corpay'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Corpay Return On Asset

    
  0.069  
Most of Corpay'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, Corpay Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Corpay Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Corpay is extremely important. It helps to project a fair market value of Corpay Stock properly, considering its historical fundamentals such as Return On Asset. Since Corpay'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 Corpay'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 Corpay's interrelated accounts and indicators.
0.850.970.910.960.920.990.990.950.840.80.830.620.660.640.670.630.320.630.45
0.850.730.60.790.710.910.750.660.60.930.660.280.230.250.220.20.230.270.27
0.970.730.910.940.920.950.990.940.860.740.810.660.750.720.770.740.330.660.46
0.910.60.910.880.90.840.950.980.790.490.810.740.780.750.80.760.310.740.52
0.960.790.940.880.920.940.960.930.850.760.780.610.660.650.680.640.310.610.43
0.920.710.920.90.920.870.930.930.920.620.760.610.650.680.70.740.320.550.53
0.990.910.950.840.940.870.950.880.790.880.810.530.560.550.570.530.30.540.39
0.990.750.990.950.960.930.950.980.860.720.830.690.740.720.760.710.320.70.48
0.950.660.940.980.930.930.880.980.860.570.810.750.780.760.80.760.320.750.54
0.840.60.860.790.850.920.790.860.860.570.680.550.640.650.680.70.310.510.43
0.80.930.740.490.760.620.880.720.570.570.610.220.260.240.240.210.220.230.15
0.830.660.810.810.780.760.810.830.810.680.610.730.810.830.770.750.770.70.63
0.620.280.660.740.610.610.530.690.750.550.220.730.870.910.870.810.590.980.88
0.660.230.750.780.660.650.560.740.780.640.260.810.870.970.990.940.640.880.64
0.640.250.720.750.650.680.550.720.760.650.240.830.910.970.970.960.720.880.78
0.670.220.770.80.680.70.570.760.80.680.240.770.870.990.970.970.570.860.64
0.630.20.740.760.640.740.530.710.760.70.210.750.810.940.960.970.60.750.66
0.320.230.330.310.310.320.30.320.320.310.220.770.590.640.720.570.60.510.66
0.630.270.660.740.610.550.540.70.750.510.230.70.980.880.880.860.750.510.78
0.450.270.460.520.430.530.390.480.540.430.150.630.880.640.780.640.660.660.78
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.
Competition

Corpay Total Assets

Total Assets

11.89 Billion

At this time, Corpay's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Corpay Inc has a Return On Asset of 0.069. This is 102.39% lower than that of the Financial Services sector and 38.0% higher than that of the Financials industry. The return on asset for all United States stocks is 149.29% lower than that of the firm.

Corpay Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Corpay'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 Corpay could also be used in its relative valuation, which is a method of valuing Corpay by comparing valuation metrics of similar companies.
Corpay is currently under evaluation in return on asset category among its peers.

Corpay ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Corpay's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Corpay's managers, analysts, and investors.
Environmental
Governance
Social

Corpay Fundamentals

About Corpay Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Corpay Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Corpay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Corpay Inc 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.

Additional Tools for Corpay Stock Analysis

When running Corpay's price analysis, check to measure Corpay'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 Corpay is operating at the current time. Most of Corpay's value examination focuses on studying past and present price action to predict the probability of Corpay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corpay's price. Additionally, you may evaluate how the addition of Corpay to your portfolios can decrease your overall portfolio volatility.