Smith Micro Software Stock Return On Asset
| SMSI Stock | USD 0.86 0.03 3.61% |
Smith Micro Software fundamentals help investors to digest information that contributes to Smith Micro's financial success or failures. It also enables traders to predict the movement of Smith Stock. The fundamental analysis module provides a way to measure Smith Micro'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 Smith Micro stock.
The current Return On Assets is estimated to decrease to -0.3. Smith | Return On Asset |
Smith Micro Software Company Return On Asset Analysis
Smith Micro'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 Smith Micro Return On Asset | -0.19 |
Most of Smith Micro'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, Smith Micro Software is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Smith Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Smith Micro is extremely important. It helps to project a fair market value of Smith Stock properly, considering its historical fundamentals such as Return On Asset. Since Smith Micro'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 Smith Micro'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 Smith Micro'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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Based on the latest financial disclosure, Smith Micro Software has a Return On Asset of -0.1889. This is 93.46% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is 34.93% higher than that of the company.
Smith Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Smith Micro'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 Smith Micro could also be used in its relative valuation, which is a method of valuing Smith Micro by comparing valuation metrics of similar companies.Smith Micro is currently under evaluation in return on asset category among its peers.
Smith Fundamentals
| Return On Equity | -0.85 | ||||
| Return On Asset | -0.19 | ||||
| Profit Margin | (1.63) % | ||||
| Operating Margin | (1.36) % | ||||
| Current Valuation | 16.76 M | ||||
| Shares Outstanding | 17.74 M | ||||
| Shares Owned By Insiders | 20.97 % | ||||
| Shares Owned By Institutions | 14.34 % | ||||
| Number Of Shares Shorted | 355.56 K | ||||
| Price To Earning | 22.50 X | ||||
| Price To Book | 0.41 X | ||||
| Price To Sales | 0.50 X | ||||
| Revenue | 40.86 M | ||||
| Gross Profit | 34.3 M | ||||
| EBITDA | (10.49 M) | ||||
| Net Income | (24.4 M) | ||||
| Cash And Equivalents | 5.36 M | ||||
| Cash Per Share | 0.10 X | ||||
| Total Debt | 3.26 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 1.91 X | ||||
| Book Value Per Share | 8.06 X | ||||
| Cash Flow From Operations | (6.97 M) | ||||
| Short Ratio | 1.11 X | ||||
| Earnings Per Share | (4.94) X | ||||
| Target Price | 6.5 | ||||
| Number Of Employees | 231 | ||||
| Beta | 0.74 | ||||
| Market Capitalization | 15.33 M | ||||
| Total Asset | 85.58 M | ||||
| Retained Earnings | (305.95 M) | ||||
| Working Capital | 9.24 M | ||||
| Current Asset | 21.79 M | ||||
| Current Liabilities | 7.21 M | ||||
| Net Asset | 85.58 M |
About Smith Micro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Smith Micro Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Smith Micro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Smith Micro Software 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 Smith Micro Software offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Smith Micro'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 Smith Micro Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Smith Micro Software Stock:Check out Smith Micro Piotroski F Score and Smith Micro Altman Z Score analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Smith Micro. If investors know Smith 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 Smith Micro 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 (0.84) | Earnings Share (4.94) | Revenue Per Share 3.252 | Quarterly Revenue Growth (0.50) | Return On Assets (0.19) |
The market value of Smith Micro Software is measured differently than its book value, which is the value of Smith that is recorded on the company's balance sheet. Investors also form their own opinion of Smith Micro's value that differs from its market value or its book value, called intrinsic value, which is Smith Micro'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 Smith Micro's market value can be influenced by many factors that don't directly affect Smith Micro'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 Smith Micro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Micro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Micro'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.