Omnitek Engineering Stock Fundamentals

OMTK Stock  USD 0.03  0.00  0.00%   
Omnitek Engineering fundamentals help investors to digest information that contributes to Omnitek Engineering's financial success or failures. It also enables traders to predict the movement of Omnitek OTC Stock. The fundamental analysis module provides a way to measure Omnitek Engineering'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 Omnitek Engineering otc 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.

Omnitek Engineering OTC Stock Return On Asset Analysis

Omnitek Engineering'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 Omnitek Engineering Return On Asset

    
  -0.0829  
Most of Omnitek Engineering'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, Omnitek Engineering 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, Omnitek Engineering has a Return On Asset of -0.0829. This is 107.61% lower than that of the Auto Components sector and 110.63% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 40.79% lower than that of the firm.

Omnitek Engineering Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Omnitek Engineering's current stock value. Our valuation model uses many indicators to compare Omnitek Engineering value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Omnitek Engineering competition to find correlations between indicators driving Omnitek Engineering's intrinsic value. More Info.
Omnitek Engineering is regarded second in return on asset category among its peers. It is considered to be number one stock in profit margin category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Omnitek Engineering's earnings, one of the primary drivers of an investment's value.

Omnitek Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Omnitek Engineering's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Omnitek Engineering could also be used in its relative valuation, which is a method of valuing Omnitek Engineering by comparing valuation metrics of similar companies.
100%
Omnitek Engineering is currently under evaluation in return on asset category among its peers.

Omnitek Fundamentals

About Omnitek Engineering Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Omnitek Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Omnitek Engineering using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Omnitek Engineering based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Omnitek Engineering Corp. develops and sells technology to convert diesel engines to an alternative fuel, natural gas engines, and complementary products in the United States and internationally. Omnitek Engineering Corp. was incorporated in 2001 and is headquartered in Vista, California. OMNITEK ENGINEERING operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 6 people.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Other Information on Investing in Omnitek OTC Stock

Omnitek Engineering financial ratios help investors to determine whether Omnitek OTC 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 Omnitek with respect to the benefits of owning Omnitek Engineering security.