The Goodyear Tire Stock Return On Asset
| GTR Stock | EUR 8.19 0.30 3.53% |
The Goodyear Tire fundamentals help investors to digest information that contributes to Goodyear Tire's financial success or failures. It also enables traders to predict the movement of Goodyear Stock. The fundamental analysis module provides a way to measure Goodyear Tire'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 Goodyear Tire stock.
Goodyear |
The Goodyear Tire Company Return On Asset Analysis
Goodyear Tire'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 Goodyear Tire Return On Asset | 0.0258 |
Most of Goodyear Tire'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, The Goodyear Tire 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, The Goodyear Tire has a Return On Asset of 0.0258. This is 97.63% lower than that of the Consumer Cyclical sector and 98.61% lower than that of the Rubber & Plastics industry. The return on asset for all Germany stocks is 118.43% lower than that of the firm.
Goodyear Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goodyear Tire'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 Goodyear Tire could also be used in its relative valuation, which is a method of valuing Goodyear Tire by comparing valuation metrics of similar companies.Goodyear Tire is rated below average in return on asset category among its peers.
Goodyear Fundamentals
| Return On Equity | 0.0393 | |||
| Return On Asset | 0.0258 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 10.91 B | |||
| Shares Outstanding | 283.01 M | |||
| Shares Owned By Insiders | 0.43 % | |||
| Shares Owned By Institutions | 81.96 % | |||
| Price To Earning | 6.38 X | |||
| Price To Book | 0.61 X | |||
| Price To Sales | 0.14 X | |||
| Revenue | 20.8 B | |||
| Gross Profit | 3.88 B | |||
| EBITDA | 1.81 B | |||
| Net Income | 202 M | |||
| Cash And Equivalents | 917 M | |||
| Cash Per Share | 3.94 X | |||
| Total Debt | 7.27 B | |||
| Debt To Equity | 150.50 % | |||
| Current Ratio | 1.34 X | |||
| Book Value Per Share | 18.73 X | |||
| Cash Flow From Operations | 521 M | |||
| Earnings Per Share | 0.68 X | |||
| Target Price | 19.88 | |||
| Number Of Employees | 74 K | |||
| Beta | 1.85 | |||
| Market Capitalization | 3.06 B | |||
| Total Asset | 22.43 B | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 1.38 % | |||
| Net Asset | 22.43 B |
About Goodyear Tire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Goodyear Tire's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goodyear Tire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Goodyear Tire 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 Goodyear Stock
Goodyear Tire financial ratios help investors to determine whether Goodyear 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 Goodyear with respect to the benefits of owning Goodyear Tire security.