Ecosynthetix Stock Return On Asset
| ECO Stock | CAD 3.96 0.04 1.00% |
EcoSynthetix fundamentals help investors to digest information that contributes to EcoSynthetix's financial success or failures. It also enables traders to predict the movement of EcoSynthetix Stock. The fundamental analysis module provides a way to measure EcoSynthetix'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 EcoSynthetix stock.
As of the 1st of December 2024, Return On Assets is likely to drop to -0.07. EcoSynthetix | Return On Asset |
EcoSynthetix Company Return On Asset Analysis
EcoSynthetix'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 EcoSynthetix Return On Asset | -0.0579 |
Most of EcoSynthetix'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, EcoSynthetix is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EcoSynthetix Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for EcoSynthetix is extremely important. It helps to project a fair market value of EcoSynthetix Stock properly, considering its historical fundamentals such as Return On Asset. Since EcoSynthetix'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 EcoSynthetix'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 EcoSynthetix'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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EcoSynthetix Total Assets
Total Assets |
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Based on the latest financial disclosure, EcoSynthetix has a Return On Asset of -0.0579. This is 107.82% lower than that of the Chemicals sector and 103.16% lower than that of the Materials industry. The return on asset for all Canada stocks is 58.64% lower than that of the firm.
EcoSynthetix Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EcoSynthetix'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 EcoSynthetix could also be used in its relative valuation, which is a method of valuing EcoSynthetix by comparing valuation metrics of similar companies.EcoSynthetix is currently under evaluation in return on asset category among its peers.
EcoSynthetix Current Valuation Drivers
We derive many important indicators used in calculating different scores of EcoSynthetix from analyzing EcoSynthetix's financial statements. These drivers represent accounts that assess EcoSynthetix's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of EcoSynthetix's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 118.9M | 165.6M | 266.0M | 179.0M | 159.9M | 100.7M | |
| Enterprise Value | 112.3M | 150.3M | 224.8M | 175.0M | 155.6M | 163.4M |
EcoSynthetix Fundamentals
| Return On Equity | -0.0429 | ||||
| Return On Asset | -0.0579 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 185.62 M | ||||
| Shares Outstanding | 58.61 M | ||||
| Shares Owned By Insiders | 14.48 % | ||||
| Shares Owned By Institutions | 14.73 % | ||||
| Number Of Shares Shorted | 399.87 K | ||||
| Price To Earning | (18.42) X | ||||
| Price To Book | 4.18 X | ||||
| Price To Sales | 14.70 X | ||||
| Revenue | 12.66 M | ||||
| Gross Profit | 4.15 M | ||||
| EBITDA | (3.24 M) | ||||
| Net Income | (2.82 M) | ||||
| Cash And Equivalents | 44.59 M | ||||
| Cash Per Share | 0.76 X | ||||
| Total Debt | 584.36 K | ||||
| Debt To Equity | 2.70 % | ||||
| Current Ratio | 30.53 X | ||||
| Book Value Per Share | 0.68 X | ||||
| Cash Flow From Operations | 316.99 K | ||||
| Short Ratio | 11.05 X | ||||
| Earnings Per Share | (0.04) X | ||||
| Target Price | 8.39 | ||||
| Number Of Employees | 25 | ||||
| Beta | 0.86 | ||||
| Market Capitalization | 234.43 M | ||||
| Total Asset | 42.84 M | ||||
| Retained Earnings | (459.55 M) | ||||
| Working Capital | 36.96 M | ||||
| Net Asset | 42.84 M |
About EcoSynthetix Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EcoSynthetix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EcoSynthetix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EcoSynthetix 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.
Other Information on Investing in EcoSynthetix Stock
EcoSynthetix financial ratios help investors to determine whether EcoSynthetix Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EcoSynthetix with respect to the benefits of owning EcoSynthetix security.