On24 Inc Stock Return On Equity
ONTF Stock | USD 6.58 0.17 2.65% |
ON24 Inc fundamentals help investors to digest information that contributes to ON24's financial success or failures. It also enables traders to predict the movement of ON24 Stock. The fundamental analysis module provides a way to measure ON24'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 ON24 stock.
Last Reported | Projected for Next Year | ||
Return On Equity | (0.29) | (0.27) |
ON24 | Return On Equity |
ON24 Inc Company Return On Equity Analysis
ON24'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 ON24 Return On Equity | -0.24 |
Most of ON24'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, ON24 Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ON24 Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for ON24 is extremely important. It helps to project a fair market value of ON24 Stock properly, considering its historical fundamentals such as Return On Equity. Since ON24'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 ON24'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 ON24's interrelated accounts and indicators.
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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.
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ON24 Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, ON24 Inc has a Return On Equity of -0.2415. This is 97.99% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is 22.1% lower than that of the firm.
ON24 Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ON24'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 ON24 could also be used in its relative valuation, which is a method of valuing ON24 by comparing valuation metrics of similar companies.ON24 is currently under evaluation in return on equity category among its peers.
ON24 ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ON24's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ON24's managers, analysts, and investors.Environmental | Governance | Social |
ON24 Fundamentals
Return On Equity | -0.24 | ||||
Return On Asset | -0.11 | ||||
Profit Margin | (0.29) % | ||||
Operating Margin | (0.35) % | ||||
Current Valuation | 88.58 M | ||||
Shares Outstanding | 41.65 M | ||||
Shares Owned By Insiders | 11.03 % | ||||
Shares Owned By Institutions | 71.09 % | ||||
Number Of Shares Shorted | 336.92 K | ||||
Price To Book | 1.66 X | ||||
Price To Sales | 1.82 X | ||||
Revenue | 163.71 M | ||||
Gross Profit | 138.48 M | ||||
EBITDA | (45.34 M) | ||||
Net Income | (51.79 M) | ||||
Cash And Equivalents | 344.87 M | ||||
Cash Per Share | 7.26 X | ||||
Total Debt | 5.39 M | ||||
Debt To Equity | 0.03 % | ||||
Current Ratio | 3.46 X | ||||
Book Value Per Share | 3.92 X | ||||
Cash Flow From Operations | (12.2 M) | ||||
Short Ratio | 3.36 X | ||||
Earnings Per Share | (1.07) X | ||||
Target Price | 7.67 | ||||
Number Of Employees | 462 | ||||
Beta | 0.48 | ||||
Market Capitalization | 274.06 M | ||||
Total Asset | 280.3 M | ||||
Retained Earnings | (305.51 M) | ||||
Working Capital | 157.7 M | ||||
Net Asset | 280.3 M |
About ON24 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ON24 Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ON24 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ON24 Inc 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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When determining whether ON24 Inc is a strong investment it is important to analyze ON24's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ON24's future performance. For an informed investment choice regarding ON24 Stock, refer to the following important reports:Check out ON24 Piotroski F Score and ON24 Altman Z Score analysis. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ON24. If investors know ON24 will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ON24 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.07) | Revenue Per Share 3.615 | Quarterly Revenue Growth (0.07) | Return On Assets (0.11) | Return On Equity (0.24) |
The market value of ON24 Inc is measured differently than its book value, which is the value of ON24 that is recorded on the company's balance sheet. Investors also form their own opinion of ON24's value that differs from its market value or its book value, called intrinsic value, which is ON24's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ON24's market value can be influenced by many factors that don't directly affect ON24's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ON24's value and its price as these two are different measures arrived at by different means. Investors typically determine if ON24 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ON24'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.