Shimmick Common Stock Return On Asset
| SHIM Stock | 3.15 0.18 6.06% |
Shimmick Common fundamentals help investors to digest information that contributes to Shimmick Common's financial success or failures. It also enables traders to predict the movement of Shimmick Stock. The fundamental analysis module provides a way to measure Shimmick Common'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 Shimmick Common stock.
As of the 29th of December 2024, Return On Assets is likely to drop to 0.01. Shimmick | Return On Asset |
Shimmick Common Company Return On Asset Analysis
Shimmick Common'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 Shimmick Common Return On Asset | -0.15 |
Most of Shimmick Common'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, Shimmick Common is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Shimmick Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Shimmick Common is extremely important. It helps to project a fair market value of Shimmick Stock properly, considering its historical fundamentals such as Return On Asset. Since Shimmick Common'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 Shimmick Common'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 Shimmick Common'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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Shimmick Total Assets
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Based on the latest financial disclosure, Shimmick Common has a Return On Asset of -0.1516. This is 70.27% lower than that of the Construction & Engineering sector and 125.69% lower than that of the Industrials industry. The return on asset for all United States stocks is 8.29% higher than that of the company.
Shimmick Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shimmick Common'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 Shimmick Common could also be used in its relative valuation, which is a method of valuing Shimmick Common by comparing valuation metrics of similar companies.Shimmick Common is currently under evaluation in return on asset category among its peers.
Shimmick Common 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, Shimmick Common's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Shimmick Common's managers, analysts, and investors.Environmental | Governance | Social |
Shimmick Fundamentals
| Return On Equity | -4.02 | ||||
| Return On Asset | -0.15 | ||||
| Profit Margin | (0.13) % | ||||
| Operating Margin | (0.55) % | ||||
| Current Valuation | 137.52 M | ||||
| Shares Outstanding | 33.8 M | ||||
| Shares Owned By Insiders | 91.09 % | ||||
| Shares Owned By Institutions | 7.00 % | ||||
| Number Of Shares Shorted | 228.11 K | ||||
| Price To Book | 94.05 X | ||||
| Price To Sales | 0.20 X | ||||
| Revenue | 632.81 M | ||||
| EBITDA | (24.63 M) | ||||
| Net Income | (2.29 M) | ||||
| Total Debt | 44.67 M | ||||
| Book Value Per Share | 2.79 X | ||||
| Cash Flow From Operations | (88.1 M) | ||||
| Short Ratio | 2.31 X | ||||
| Earnings Per Share | (3.08) X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 1.3 K | ||||
| Market Capitalization | 106.46 M | ||||
| Total Asset | 426.65 M | ||||
| Retained Earnings | 46.54 M | ||||
| Working Capital | (13.79 M) | ||||
| Net Asset | 426.65 M |
About Shimmick Common Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shimmick Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shimmick Common using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shimmick Common 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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Is Construction & Engineering 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 Shimmick Common. If investors know Shimmick 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 Shimmick Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.08) | Revenue Per Share 21.127 | Quarterly Revenue Growth (0.42) | Return On Assets (0.15) | Return On Equity (4.02) |
The market value of Shimmick Common is measured differently than its book value, which is the value of Shimmick that is recorded on the company's balance sheet. Investors also form their own opinion of Shimmick Common's value that differs from its market value or its book value, called intrinsic value, which is Shimmick Common'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 Shimmick Common's market value can be influenced by many factors that don't directly affect Shimmick Common'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 Shimmick Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shimmick Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shimmick Common'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.