Technology Telecommunication Stock Return On Asset

TETE Stock  USD 12.30  0.01  0.08%   
Technology Telecommunication fundamentals help investors to digest information that contributes to Technology Telecommunicatio's financial success or failures. It also enables traders to predict the movement of Technology Stock. The fundamental analysis module provides a way to measure Technology Telecommunicatio'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 Technology Telecommunicatio stock.
The current year's Return On Assets is expected to grow to 0.01.
  
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Technology Telecommunication Company Return On Asset Analysis

Technology Telecommunicatio'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 Technology Telecommunicatio Return On Asset

    
  -0.0318  
Most of Technology Telecommunicatio'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, Technology Telecommunication is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Technology Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Technology Telecommunicatio is extremely important. It helps to project a fair market value of Technology Stock properly, considering its historical fundamentals such as Return On Asset. Since Technology Telecommunicatio'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 Technology Telecommunicatio'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 Technology Telecommunicatio's interrelated accounts and indicators.
1.00.82-0.860.25-0.680.460.66-0.381.00.810.621.0-0.320.811.0-0.38
1.00.78-0.820.2-0.630.40.6-0.361.00.760.661.0-0.260.761.0-0.36
0.820.78-0.980.76-0.970.880.93-0.680.790.940.060.82-0.80.940.82-0.68
-0.86-0.82-0.98-0.680.96-0.82-0.940.55-0.83-0.97-0.16-0.860.75-0.97-0.860.55
0.250.20.76-0.68-0.860.980.8-0.780.220.64-0.60.26-0.980.640.26-0.78
-0.68-0.63-0.970.96-0.86-0.94-0.970.65-0.65-0.930.13-0.680.91-0.93-0.680.65
0.460.40.88-0.820.98-0.940.89-0.790.420.78-0.420.46-0.980.780.46-0.79
0.660.60.93-0.940.8-0.970.89-0.520.620.97-0.090.66-0.860.970.66-0.52
-0.38-0.36-0.680.55-0.780.65-0.79-0.52-0.37-0.440.34-0.380.69-0.44-0.381.0
1.01.00.79-0.830.22-0.650.420.62-0.370.780.641.0-0.280.781.0-0.37
0.810.760.94-0.970.64-0.930.780.97-0.440.780.160.81-0.731.00.81-0.44
0.620.660.06-0.16-0.60.13-0.42-0.090.340.640.160.610.530.160.610.34
1.01.00.82-0.860.26-0.680.460.66-0.381.00.810.61-0.320.811.0-0.38
-0.32-0.26-0.80.75-0.980.91-0.98-0.860.69-0.28-0.730.53-0.32-0.73-0.320.69
0.810.760.94-0.970.64-0.930.780.97-0.440.781.00.160.81-0.730.81-0.44
1.01.00.82-0.860.26-0.680.460.66-0.381.00.810.611.0-0.320.81-0.38
-0.38-0.36-0.680.55-0.780.65-0.79-0.521.0-0.37-0.440.34-0.380.69-0.44-0.38
Click cells to compare fundamentals
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

Technology Total Assets

Total Assets

55.89 Million

At present, Technology Telecommunicatio's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Technology Telecommunication has a Return On Asset of -0.0318. This is 93.23% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 77.29% lower than that of the firm.

Technology Return On Asset Peer Comparison

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

Technology Telecommunicatio 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, Technology Telecommunicatio's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Technology Telecommunicatio's managers, analysts, and investors.
Environmental
Governance
Social

Technology Fundamentals

About Technology Telecommunicatio Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Technology Telecommunication's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Technology Telecommunicatio using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Technology Telecommunication 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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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 Technology Telecommunicatio is a strong investment it is important to analyze Technology Telecommunicatio'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 Technology Telecommunicatio's future performance. For an informed investment choice regarding Technology Stock, refer to the following important reports:
Check out Technology Telecommunicatio Piotroski F Score and Technology Telecommunicatio Altman Z Score analysis.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Asset Management & Custody Banks 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 Technology Telecommunicatio. If investors know Technology 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 Technology Telecommunicatio 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
0.876
Earnings Share
0.05
Return On Assets
(0.03)
The market value of Technology Telecommunicatio is measured differently than its book value, which is the value of Technology that is recorded on the company's balance sheet. Investors also form their own opinion of Technology Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Technology Telecommunicatio'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 Technology Telecommunicatio's market value can be influenced by many factors that don't directly affect Technology Telecommunicatio'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 Technology Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Technology Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Technology Telecommunicatio'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.