Reliance Global Group Stock Return On Asset
| RELI Stock | USD 1.35 0.01 0.75% |
Reliance Global Group fundamentals help investors to digest information that contributes to Reliance Global's financial success or failures. It also enables traders to predict the movement of Reliance Stock. The fundamental analysis module provides a way to measure Reliance Global'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 Reliance Global stock.
The current Return On Assets is estimated to decrease to -0.55. Reliance | Return On Asset |
Reliance Global Group Company Return On Asset Analysis
Reliance Global'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.
Current Reliance Global Return On Asset | -0.12 |
Most of Reliance Global'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, Reliance Global Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Reliance Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Reliance Global is extremely important. It helps to project a fair market value of Reliance Stock properly, considering its historical fundamentals such as Return On Asset. Since Reliance Global'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 Reliance Global'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 Reliance Global's interrelated accounts and indicators.
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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.
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Reliance Total Assets
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Based on the latest financial disclosure, Reliance Global Group has a Return On Asset of -0.1155. This is 75.43% lower than that of the Insurance sector and 102.23% lower than that of the Financials industry. The return on asset for all United States stocks is 17.5% lower than that of the firm.
Reliance Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Reliance Global'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 Reliance Global could also be used in its relative valuation, which is a method of valuing Reliance Global by comparing valuation metrics of similar companies.Reliance Global is currently under evaluation in return on asset category among its peers.
Reliance Global Current Valuation Drivers
We derive many important indicators used in calculating different scores of Reliance Global from analyzing Reliance Global's financial statements. These drivers represent accounts that assess Reliance Global's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Reliance Global's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 638.9M | 1.1B | 158.6M | 25.7M | 2.6M | 2.5M | |
| Enterprise Value | 652.8M | 1.1B | 174.4M | 39.0M | 5.4M | 5.1M |
Reliance Fundamentals
| Return On Equity | -1.79 | ||||
| Return On Asset | -0.12 | ||||
| Profit Margin | (0.65) % | ||||
| Operating Margin | (0.30) % | ||||
| Current Valuation | 16.39 M | ||||
| Shares Outstanding | 2.87 M | ||||
| Shares Owned By Insiders | 10.17 % | ||||
| Shares Owned By Institutions | 2.44 % | ||||
| Number Of Shares Shorted | 89.54 K | ||||
| Price To Book | 1.24 X | ||||
| Price To Sales | 0.27 X | ||||
| Revenue | 14.05 M | ||||
| Gross Profit | 2.64 M | ||||
| EBITDA | (5.7 M) | ||||
| Net Income | (12.01 M) | ||||
| Cash And Equivalents | 1.62 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 3.14 M | ||||
| Debt To Equity | 0.60 % | ||||
| Current Ratio | 0.56 X | ||||
| Book Value Per Share | 1.33 X | ||||
| Cash Flow From Operations | (4.6 M) | ||||
| Short Ratio | 0.62 X | ||||
| Earnings Per Share | (9.01) X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 64 | ||||
| Beta | 0.08 | ||||
| Market Capitalization | 3.85 M | ||||
| Total Asset | 17.32 M | ||||
| Retained Earnings | (48.07 M) | ||||
| Working Capital | 415.69 K | ||||
| Net Asset | 17.32 M |
About Reliance Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reliance Global Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reliance Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reliance Global Group 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 Reliance Global Group is a strong investment it is important to analyze Reliance Global'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 Reliance Global's future performance. For an informed investment choice regarding Reliance Stock, refer to the following important reports:Check out Reliance Global Piotroski F Score and Reliance Global Altman Z Score analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Property & Casualty Insurance 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 Reliance Global. If investors know Reliance 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 Reliance Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.01) | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets | Return On Equity |
The market value of Reliance Global Group is measured differently than its book value, which is the value of Reliance that is recorded on the company's balance sheet. Investors also form their own opinion of Reliance Global's value that differs from its market value or its book value, called intrinsic value, which is Reliance Global'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 Reliance Global's market value can be influenced by many factors that don't directly affect Reliance Global'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 Reliance Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reliance Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reliance Global'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.