Eratex Djaja Tbk Stock Return On Asset

ERTX Stock  IDR 100.00  2.00  1.96%   
Eratex Djaja Tbk fundamentals help investors to digest information that contributes to Eratex Djaja's financial success or failures. It also enables traders to predict the movement of Eratex Stock. The fundamental analysis module provides a way to measure Eratex Djaja'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 Eratex Djaja stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Eratex Djaja Tbk Company Return On Asset Analysis

Eratex Djaja'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 Eratex Djaja Return On Asset

    
  0.0372  
Most of Eratex Djaja'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, Eratex Djaja Tbk is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Based on the latest financial disclosure, Eratex Djaja Tbk has a Return On Asset of 0.0372. This is 96.59% lower than that of the Textiles, Apparel & Luxury Goods sector and 100.24% lower than that of the Consumer Discretionary industry. The return on asset for all Indonesia stocks is 126.57% lower than that of the firm.

Eratex Return On Asset Peer Comparison

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

Eratex Fundamentals

About Eratex Djaja Fundamental Analysis

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

Eratex Djaja financial ratios help investors to determine whether Eratex 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 Eratex with respect to the benefits of owning Eratex Djaja security.