Erayak Power Solution Stock Fundamentals
| RAYA Stock | 1.19 0.01 0.83% |
Erayak Power Solution fundamentals help investors to digest information that contributes to Erayak Power's financial success or failures. It also enables traders to predict the movement of Erayak Stock. The fundamental analysis module provides a way to measure Erayak Power'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 Erayak Power stock.
At present, Erayak Power's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Depreciation And Amortization is expected to grow to about 947.8 K, whereas Net Interest Income is forecasted to decline to (424.2 K). Erayak | Select Account or Indicator |
Erayak Power Solution Company Return On Equity Analysis
Erayak Power'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 Erayak Power Return On Equity | -0.0138 |
Most of Erayak Power'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, Erayak Power Solution is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Erayak Return On Equity Historical Pattern
Today, most investors in Erayak Power Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Erayak Power's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Erayak Power return on equity as a starting point in their analysis.
Erayak Power Return On Equity |
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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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Erayak Total Stockholder Equity
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Based on the latest financial disclosure, Erayak Power Solution has a Return On Equity of -0.0138. This is 103.14% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The return on equity for all United States stocks is 95.55% lower than that of the firm.
Erayak Power Solution Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Erayak Power's current stock value. Our valuation model uses many indicators to compare Erayak Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Erayak Power competition to find correlations between indicators driving Erayak Power's intrinsic value. More Info.Erayak Power Solution is rated fourth in return on equity category among its peers. It is rated third in return on asset category among its peers . At present, Erayak Power's Return On Equity is projected to slightly decrease based on the last few years of reporting. 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 Erayak Power's earnings, one of the primary drivers of an investment's value.Erayak Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Erayak Power'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 Erayak Power could also be used in its relative valuation, which is a method of valuing Erayak Power by comparing valuation metrics of similar companies.Erayak Power is currently under evaluation in return on equity category among its peers.
Erayak Fundamentals
| Return On Equity | -0.0138 | ||||
| Return On Asset | -0.0195 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | (0.11) % | ||||
| Current Valuation | 35.17 M | ||||
| Shares Outstanding | 27 M | ||||
| Shares Owned By Insiders | 29.63 % | ||||
| Number Of Shares Shorted | 4.88 K | ||||
| Price To Book | 1.25 X | ||||
| Price To Sales | 1.47 X | ||||
| Revenue | 20.32 M | ||||
| Gross Profit | 5.67 M | ||||
| EBITDA | 2.81 M | ||||
| Net Income | 1.22 M | ||||
| Total Debt | 2.17 M | ||||
| Book Value Per Share | 0.95 X | ||||
| Cash Flow From Operations | 6.73 M | ||||
| Short Ratio | 0.05 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Number Of Employees | 290 | ||||
| Market Capitalization | 33.6 M | ||||
| Total Asset | 35.29 M | ||||
| Retained Earnings | 9.19 M | ||||
| Working Capital | 8.89 M | ||||
| Net Asset | 35.29 M |
About Erayak Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Erayak Power Solution's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Erayak Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Erayak Power Solution 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 357.4 K | 452.7 K | |
| Total Revenue | 20.3 M | 19.6 M | |
| Cost Of Revenue | 15.4 M | 14.4 M | |
| Sales General And Administrative To Revenue | 0.10 | 0.11 | |
| Research And Ddevelopement To Revenue | 0.06 | 0.05 | |
| Capex To Revenue | 0.03 | 0.03 | |
| Revenue Per Share | 1.69 | 1.18 | |
| Ebit Per Revenue | 0.04 | 0.03 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Erayak Power Solution offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Erayak Power'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 Erayak Power Solution Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Erayak Power Solution Stock:Check out Erayak Power Piotroski F Score and Erayak Power Altman Z Score analysis. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Industrial Machinery & Supplies & Components 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 Erayak Power. If investors know Erayak 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 Erayak Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Earnings Share (0.01) | Revenue Per Share 1.695 | Quarterly Revenue Growth 0.264 | Return On Assets (0.02) |
The market value of Erayak Power Solution is measured differently than its book value, which is the value of Erayak that is recorded on the company's balance sheet. Investors also form their own opinion of Erayak Power's value that differs from its market value or its book value, called intrinsic value, which is Erayak Power'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 Erayak Power's market value can be influenced by many factors that don't directly affect Erayak Power'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 Erayak Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Erayak Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erayak Power'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.