La Z Boy Incorporated Stock Return On Asset

LAZ Stock  EUR 42.00  0.60  1.41%   
La Z Boy Incorporated fundamentals help investors to digest information that contributes to La-Z-Boy Incorporated's financial success or failures. It also enables traders to predict the movement of La-Z-Boy Stock. The fundamental analysis module provides a way to measure La-Z-Boy Incorporated'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 La-Z-Boy Incorporated 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.

La Z Boy Incorporated Company Return On Asset Analysis

La-Z-Boy Incorporated'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 La-Z-Boy Incorporated Return On Asset

    
  0.0815  
Most of La-Z-Boy Incorporated'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, La Z Boy Incorporated 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, La Z Boy Incorporated has a Return On Asset of 0.0815. This is 92.52% lower than that of the Consumer Cyclical sector and 90.06% lower than that of the Home Furnishings & Fixtures industry. The return on asset for all Germany stocks is 158.21% lower than that of the firm.

La-Z-Boy Return On Asset Peer Comparison

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

La-Z-Boy Fundamentals

About La-Z-Boy Incorporated Fundamental Analysis

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

When determining whether La-Z-Boy Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La-Z-Boy Incorporated's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in La-Z-Boy Stock please use our How to Invest in La-Z-Boy Incorporated guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Please note, there is a significant difference between La-Z-Boy Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if La-Z-Boy Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La-Z-Boy Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.