Pollard Banknote Limited Stock Return On Asset

PBL Stock  CAD 25.25  0.17  0.67%   
Pollard Banknote Limited fundamentals help investors to digest information that contributes to Pollard Banknote's financial success or failures. It also enables traders to predict the movement of Pollard Stock. The fundamental analysis module provides a way to measure Pollard Banknote'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 Pollard Banknote stock.
As of the 30th of November 2024, Return On Assets is likely to drop to 0.04.
  
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Pollard Banknote Limited Company Return On Asset Analysis

Pollard Banknote'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 Pollard Banknote Return On Asset

    
  0.0167  
Most of Pollard Banknote'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, Pollard Banknote Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Pollard Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Pollard Banknote is extremely important. It helps to project a fair market value of Pollard Stock properly, considering its historical fundamentals such as Return On Asset. Since Pollard Banknote'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 Pollard Banknote'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 Pollard Banknote's interrelated accounts and indicators.
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

Pollard Total Assets

Total Assets

541.5 Million

At this time, Pollard Banknote's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Pollard Banknote Limited has a Return On Asset of 0.0167. This is 98.47% lower than that of the Hotels, Restaurants & Leisure sector and 100.1% lower than that of the Consumer Discretionary industry. The return on asset for all Canada stocks is 111.93% lower than that of the firm.

Pollard Return On Asset Peer Comparison

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

Pollard Fundamentals

About Pollard Banknote Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Pollard Banknote Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pollard Banknote using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pollard Banknote Limited 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.

Other Information on Investing in Pollard Stock

Pollard Banknote financial ratios help investors to determine whether Pollard 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 Pollard with respect to the benefits of owning Pollard Banknote security.