Elme Communities Stock Return On Asset
| ELME Stock | USD 16.94 0.01 0.06% |
Elme Communities fundamentals help investors to digest information that contributes to Elme Communities' financial success or failures. It also enables traders to predict the movement of Elme Stock. The fundamental analysis module provides a way to measure Elme Communities' 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 Elme Communities stock.
The current year's Return On Assets is expected to grow to -0.03. Elme | Return On Asset |
Elme Communities Company Return On Asset Analysis
Elme Communities' 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 Elme Communities Return On Asset | 0.0078 |
Most of Elme Communities' 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, Elme Communities is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Elme Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Elme Communities is extremely important. It helps to project a fair market value of Elme Stock properly, considering its historical fundamentals such as Return On Asset. Since Elme Communities' 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 Elme Communities' 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 Elme Communities' 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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Elme Total Assets
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Based on the latest financial disclosure, Elme Communities has a Return On Asset of 0.0078. This is 98.34% lower than that of the Residential REITs sector and significantly higher than that of the Real Estate industry. The return on asset for all United States stocks is 105.57% lower than that of the firm.
Elme Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elme Communities' 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 Elme Communities could also be used in its relative valuation, which is a method of valuing Elme Communities by comparing valuation metrics of similar companies.Elme Communities is currently under evaluation in return on asset category among its peers.
Elme Communities 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, Elme Communities' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Elme Communities' managers, analysts, and investors.Environmental | Governance | Social |
Elme Fundamentals
| Return On Equity | -0.0116 | ||||
| Return On Asset | 0.0078 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 2.18 B | ||||
| Shares Outstanding | 88.01 M | ||||
| Shares Owned By Insiders | 1.39 % | ||||
| Shares Owned By Institutions | 91.08 % | ||||
| Number Of Shares Shorted | 1.92 M | ||||
| Price To Book | 1.36 X | ||||
| Price To Sales | 6.22 X | ||||
| Revenue | 227.91 M | ||||
| Gross Profit | 127.94 M | ||||
| EBITDA | 66.4 M | ||||
| Net Income | (52.98 M) | ||||
| Cash And Equivalents | 8.44 M | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 679.35 M | ||||
| Debt To Equity | 0.42 % | ||||
| Current Ratio | 1.06 X | ||||
| Book Value Per Share | 12.48 X | ||||
| Cash Flow From Operations | 84.67 M | ||||
| Short Ratio | 3.63 X | ||||
| Earnings Per Share | (0.16) X | ||||
| Price To Earnings To Growth | (18.27) X | ||||
| Target Price | 18.0 | ||||
| Number Of Employees | 243 | ||||
| Beta | 0.91 | ||||
| Market Capitalization | 1.49 B | ||||
| Total Asset | 1.9 B | ||||
| Retained Earnings | (569.39 M) | ||||
| Working Capital | (190.93 M) | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 4.46 % | ||||
| Net Asset | 1.9 B | ||||
| Last Dividend Paid | 0.72 |
About Elme Communities Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elme Communities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elme Communities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elme Communities 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 Elme Communities is a strong investment it is important to analyze Elme Communities' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Elme Communities' future performance. For an informed investment choice regarding Elme Stock, refer to the following important reports:Check out Elme Communities Piotroski F Score and Elme Communities Altman Z Score analysis. For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Multi-Family Residential REITs 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 Elme Communities. If investors know Elme 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 Elme Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.72 | Earnings Share (0.16) | Revenue Per Share 2.726 | Quarterly Revenue Growth 0.078 | Return On Assets 0.0078 |
The market value of Elme Communities is measured differently than its book value, which is the value of Elme that is recorded on the company's balance sheet. Investors also form their own opinion of Elme Communities' value that differs from its market value or its book value, called intrinsic value, which is Elme Communities' 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 Elme Communities' market value can be influenced by many factors that don't directly affect Elme Communities' 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 Elme Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elme Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elme Communities' 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.