Viewray Stock Fundamentals
| VRAYDelisted Stock | USD 0.04 0 5.67% |
ViewRay fundamentals help investors to digest information that contributes to ViewRay's financial success or failures. It also enables traders to predict the movement of ViewRay Stock. The fundamental analysis module provides a way to measure ViewRay'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 ViewRay stock.
ViewRay |
ViewRay Company Return On Equity Analysis
ViewRay'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 ViewRay Return On Equity | -1.09 |
Most of ViewRay'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, ViewRay is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, ViewRay has a Return On Equity of -1.0891. This is 95.46% lower than that of the Health Care Equipment & Supplies sector and 87.52% lower than that of the Health Care industry. The return on equity for all United States stocks is notably higher than that of the company.
ViewRay Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ViewRay's current stock value. Our valuation model uses many indicators to compare ViewRay value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ViewRay competition to find correlations between indicators driving ViewRay's intrinsic value. More Info.ViewRay is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . 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 ViewRay's earnings, one of the primary drivers of an investment's value.ViewRay Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ViewRay'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 ViewRay could also be used in its relative valuation, which is a method of valuing ViewRay by comparing valuation metrics of similar companies.ViewRay is currently under evaluation in return on equity category among its peers.
ViewRay Fundamentals
| Return On Equity | -1.09 | |||
| Return On Asset | -0.25 | |||
| Profit Margin | (1.04) % | |||
| Operating Margin | (1.02) % | |||
| Current Valuation | 11.47 M | |||
| Shares Outstanding | 183.4 M | |||
| Shares Owned By Insiders | 17.36 % | |||
| Shares Owned By Institutions | 74.60 % | |||
| Number Of Shares Shorted | 5.47 M | |||
| Price To Earning | (5.47) X | |||
| Price To Book | 7.99 X | |||
| Price To Sales | 9.42 X | |||
| Revenue | 102.21 M | |||
| Gross Profit | 10.04 M | |||
| EBITDA | (100.46 M) | |||
| Net Income | (107.33 M) | |||
| Cash And Equivalents | 157.59 M | |||
| Cash Per Share | 0.87 X | |||
| Total Debt | 86.4 M | |||
| Debt To Equity | 0.54 % | |||
| Current Ratio | 3.04 X | |||
| Book Value Per Share | 0.30 X | |||
| Cash Flow From Operations | (91.71 M) | |||
| Short Ratio | 1.70 X | |||
| Earnings Per Share | (0.26) X | |||
| Target Price | 1.0 | |||
| Number Of Employees | 295 | |||
| Beta | 0.7 | |||
| Market Capitalization | 4.59 M | |||
| Total Asset | 271.4 M | |||
| Retained Earnings | (844.46 M) | |||
| Working Capital | 131.77 M | |||
| Current Asset | 43.62 M | |||
| Current Liabilities | 28.15 M | |||
| Z Score | -4.59 | |||
| Net Asset | 271.4 M |
About ViewRay Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ViewRay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ViewRay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ViewRay 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.ViewRay, Inc. designs, manufactures, and markets magnetic resonance imaging guided radiation therapy systems to image and treat cancer patients in the United States, France, Taiwan, the United Kingdom, and internationally. The company was founded in 2004 and is headquartered in Oakwood, Ohio. Viewray operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 267 people.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in ViewRay Stock
If you are still planning to invest in ViewRay check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ViewRay's history and understand the potential risks before investing.
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