Commercial Return On Assets from 2010 to 2024

CVGI Stock  USD 2.41  0.06  2.55%   
Commercial Vehicle's Return On Assets are increasing with stable movements from year to year. Return On Assets are estimated to finish at 0.11 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Commercial Vehicle Group earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.1022549
Current Value
0.11
Quarterly Volatility
0.05961884
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Commercial Vehicle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Commercial Vehicle's main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.5 M, Interest Expense of 17 M or Selling General Administrative of 62 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0 or PTB Ratio of 1.41. Commercial financial statements analysis is a perfect complement when working with Commercial Vehicle Valuation or Volatility modules.
  
Check out the analysis of Commercial Vehicle Correlation against competitors.

Latest Commercial Vehicle's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Commercial Vehicle Group over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Commercial Vehicle's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Commercial Vehicle's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Pretty Stable
   Return On Assets   
       Timeline  

Commercial Return On Assets Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation200.13
Mean Deviation0.05
Median0.02
Standard Deviation0.06
Sample Variance0
Range0.196
R-Value0.12
Mean Square Error0
R-Squared0.02
Significance0.66
Slope0
Total Sum of Squares0.05

Commercial Return On Assets History

2023 0.1
2022 -0.0467
2021 0.0467
2020 -0.0815
2019 0.0362
2017 -0.004436
2016 0.0158

About Commercial Vehicle Financial Statements

Investors use fundamental indicators, such as Commercial Vehicle's Return On Assets, to determine how well the company is positioned to perform in the future. Although Commercial Vehicle's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Assets 0.10  0.11 

Currently Active Assets on Macroaxis

When determining whether Commercial Vehicle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commercial Vehicle'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 Commercial Vehicle Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commercial Vehicle Group Stock:
Check out the analysis of Commercial Vehicle Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Construction Machinery & Heavy Transportation Equipment 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 Commercial Vehicle. If investors know Commercial 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 Commercial Vehicle 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
0.286
Earnings Share
0.82
Revenue Per Share
27.395
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0346
The market value of Commercial Vehicle is measured differently than its book value, which is the value of Commercial that is recorded on the company's balance sheet. Investors also form their own opinion of Commercial Vehicle's value that differs from its market value or its book value, called intrinsic value, which is Commercial Vehicle'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 Commercial Vehicle's market value can be influenced by many factors that don't directly affect Commercial Vehicle'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 Commercial Vehicle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Commercial Vehicle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commercial Vehicle'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.