Evergen Infrastructure Corp Stock Return On Asset
| EVGN Stock | 1.56 0.01 0.65% |
EverGen Infrastructure Corp fundamentals help investors to digest information that contributes to EverGen Infrastructure's financial success or failures. It also enables traders to predict the movement of EverGen Stock. The fundamental analysis module provides a way to measure EverGen Infrastructure'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 EverGen Infrastructure stock.
Return On Assets is likely to drop to -0.05 in 2024. EverGen | Return On Asset |
EverGen Infrastructure Corp Company Return On Asset Analysis
EverGen Infrastructure'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 EverGen Infrastructure Return On Asset | -0.0293 |
Most of EverGen Infrastructure'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, EverGen Infrastructure Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
EverGen Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for EverGen Infrastructure is extremely important. It helps to project a fair market value of EverGen Stock properly, considering its historical fundamentals such as Return On Asset. Since EverGen Infrastructure'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 EverGen Infrastructure'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 EverGen Infrastructure's interrelated accounts and indicators.
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 |
EverGen Total Assets
Total Assets |
|
Based on the latest financial disclosure, EverGen Infrastructure Corp has a Return On Asset of -0.0293. This is 101.2% lower than that of the Gas Utilities sector and significantly lower than that of the Utilities industry. The return on asset for all Canada stocks is 79.07% lower than that of the firm.
EverGen Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EverGen Infrastructure'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 EverGen Infrastructure could also be used in its relative valuation, which is a method of valuing EverGen Infrastructure by comparing valuation metrics of similar companies.EverGen Infrastructure is currently under evaluation in return on asset category among its peers.
EverGen Fundamentals
| Return On Equity | -0.0867 | ||||
| Return On Asset | -0.0293 | ||||
| Profit Margin | (0.40) % | ||||
| Operating Margin | (0.09) % | ||||
| Current Valuation | 48.38 M | ||||
| Shares Outstanding | 13.98 M | ||||
| Shares Owned By Insiders | 8.63 % | ||||
| Shares Owned By Institutions | 12.65 % | ||||
| Number Of Shares Shorted | 343 | ||||
| Price To Book | 0.41 X | ||||
| Price To Sales | 1.81 X | ||||
| Revenue | 8.44 M | ||||
| Gross Profit | 6.79 M | ||||
| EBITDA | (1.07 M) | ||||
| Net Income | (4.42 M) | ||||
| Total Debt | 948 K | ||||
| Book Value Per Share | 3.85 X | ||||
| Cash Flow From Operations | 307 K | ||||
| Short Ratio | 0.04 X | ||||
| Earnings Per Share | (0.35) X | ||||
| Target Price | 4.0 | ||||
| Number Of Employees | 35 | ||||
| Beta | 1.68 | ||||
| Market Capitalization | 24.74 M | ||||
| Total Asset | 93.53 M | ||||
| Retained Earnings | (12.37 M) | ||||
| Working Capital | (3.56 M) | ||||
| Net Asset | 93.53 M |
About EverGen Infrastructure Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EverGen Infrastructure Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EverGen Infrastructure using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EverGen Infrastructure Corp 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for EverGen Stock Analysis
When running EverGen Infrastructure's price analysis, check to measure EverGen Infrastructure'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 EverGen Infrastructure is operating at the current time. Most of EverGen Infrastructure's value examination focuses on studying past and present price action to predict the probability of EverGen Infrastructure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EverGen Infrastructure's price. Additionally, you may evaluate how the addition of EverGen Infrastructure to your portfolios can decrease your overall portfolio volatility.