Foxx Development Holdings Stock Return On Equity

FOXX Stock   5.82  0.45  7.18%   
Foxx Development Holdings fundamentals help investors to digest information that contributes to Foxx Development's financial success or failures. It also enables traders to predict the movement of Foxx Stock. The fundamental analysis module provides a way to measure Foxx Development'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 Foxx Development stock.
Last ReportedProjected for Next Year
Return On Equity 0.86  0.90 
Return On Equity is likely to rise to 0.90 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.

Foxx Development Holdings Company Return On Equity Analysis

Foxx Development's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Current Foxx Development Return On Equity

    
  0.9  
Most of Foxx Development's fundamental indicators, such as Return On Equity, 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, Foxx Development Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Foxx Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Foxx Development is extremely important. It helps to project a fair market value of Foxx Stock properly, considering its historical fundamentals such as Return On Equity. Since Foxx Development'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 Foxx Development'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 Foxx Development's interrelated accounts and indicators.
-0.91-0.820.9-0.870.880.770.990.921.01.0-0.73-0.911.0-0.73-0.79
-0.910.65-1.00.99-1.0-0.96-0.92-0.78-0.9-0.90.931.0-0.90.930.96
-0.820.65-0.680.65-0.63-0.42-0.74-0.97-0.83-0.830.610.66-0.830.610.63
0.9-1.0-0.68-1.01.00.950.90.780.890.89-0.95-1.00.89-0.95-0.98
-0.870.990.65-1.0-1.0-0.96-0.87-0.75-0.86-0.860.970.99-0.860.970.99
0.88-1.0-0.631.0-1.00.970.890.740.870.87-0.95-1.00.87-0.95-0.98
0.77-0.96-0.420.95-0.960.970.820.570.760.76-0.91-0.960.77-0.91-0.94
0.99-0.92-0.740.9-0.870.890.820.870.990.99-0.73-0.920.99-0.73-0.79
0.92-0.78-0.970.78-0.750.740.570.870.930.94-0.67-0.780.93-0.67-0.71
1.0-0.9-0.830.89-0.860.870.760.990.931.0-0.73-0.911.0-0.73-0.79
1.0-0.9-0.830.89-0.860.870.760.990.941.0-0.73-0.911.0-0.73-0.79
-0.730.930.61-0.950.97-0.95-0.91-0.73-0.67-0.73-0.730.93-0.731.00.99
-0.911.00.66-1.00.99-1.0-0.96-0.92-0.78-0.91-0.910.93-0.910.930.96
1.0-0.9-0.830.89-0.860.870.770.990.931.01.0-0.73-0.91-0.73-0.79
-0.730.930.61-0.950.97-0.95-0.91-0.73-0.67-0.73-0.731.00.93-0.730.99
-0.790.960.63-0.980.99-0.98-0.94-0.79-0.71-0.79-0.790.990.96-0.790.99
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Foxx Total Stockholder Equity

Total Stockholder Equity

(3.8 Million)

Foxx Development reported Total Stockholder Equity of (4 Million) in 2023

Foxx Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Foxx Development's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Foxx Development could also be used in its relative valuation, which is a method of valuing Foxx Development by comparing valuation metrics of similar companies.
Foxx Development is currently under evaluation in return on equity category among its peers.

Foxx Fundamentals

About Foxx Development Fundamental Analysis

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

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