Hitech Development Wireless Stock Return On Equity
HDW-B Stock | SEK 0 0.0001 6.25% |
Hitech Development Wireless fundamentals help investors to digest information that contributes to Hitech Development's financial success or failures. It also enables traders to predict the movement of Hitech Stock. The fundamental analysis module provides a way to measure Hitech 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 Hitech Development stock.
Hitech |
Hitech Development Wireless Company Return On Equity Analysis
Hitech 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 Hitech Development Return On Equity | -0.97 |
Most of Hitech 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, Hitech Development Wireless is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Hitech Development Wireless has a Return On Equity of -0.9675. This is 91.96% lower than that of the Technology sector and 80.8% lower than that of the Communication Equipment industry. The return on equity for all Sweden stocks is notably higher than that of the company.
Hitech Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hitech 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 Hitech Development could also be used in its relative valuation, which is a method of valuing Hitech Development by comparing valuation metrics of similar companies.Hitech Development is currently under evaluation in return on equity category among its peers.
Hitech Fundamentals
Return On Equity | -0.97 | |||
Return On Asset | -0.36 | |||
Profit Margin | (1.72) % | |||
Operating Margin | (1.66) % | |||
Current Valuation | 73.57 M | |||
Shares Outstanding | 277.18 M | |||
Shares Owned By Insiders | 22.26 % | |||
Shares Owned By Institutions | 2.44 % | |||
Price To Book | 1.85 X | |||
Price To Sales | 4.17 X | |||
Revenue | 13.35 M | |||
Gross Profit | 1.67 M | |||
EBITDA | (22.36 M) | |||
Net Income | (26.62 M) | |||
Cash And Equivalents | 8.97 M | |||
Cash Per Share | 0.06 X | |||
Total Debt | 6.61 M | |||
Debt To Equity | 0.05 % | |||
Current Ratio | 0.71 X | |||
Book Value Per Share | 0.12 X | |||
Cash Flow From Operations | (29.23 M) | |||
Earnings Per Share | (0.14) X | |||
Target Price | 0.73 | |||
Beta | 0.89 | |||
Market Capitalization | 82.97 M | |||
Total Asset | 70.1 M | |||
Z Score | 7.2 | |||
Net Asset | 70.1 M |
About Hitech Development Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hitech Development Wireless's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hitech Development using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hitech Development Wireless 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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Additional Tools for Hitech Stock Analysis
When running Hitech Development's price analysis, check to measure Hitech 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 Hitech Development is operating at the current time. Most of Hitech Development's value examination focuses on studying past and present price action to predict the probability of Hitech 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 Hitech Development's price. Additionally, you may evaluate how the addition of Hitech Development to your portfolios can decrease your overall portfolio volatility.