ODDITY Return On Assets from 2010 to 2024

ODD Stock   47.51  1.18  2.42%   
ODDITY Tech's Return On Assets are decreasing over the years with slightly volatile fluctuation. Return On Assets are expected to dwindle to 0.1. Return On Assets is a profitability ratio that indicates the percentage of profit ODDITY Tech Ltd 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
0.14456195
Current Value
0.096
Quarterly Volatility
0.01884439
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ODDITY Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ODDITY Tech's main balance sheet or income statement drivers, such as Tax Provision of 21.1 M, Net Interest Income of 4.5 M or Depreciation And Amortization of 5.9 M, as well as many indicators such as Price To Sales Ratio of 4.94, Dividend Yield of 0.0 or PTB Ratio of 8.88. ODDITY financial statements analysis is a perfect complement when working with ODDITY Tech Valuation or Volatility modules.
  
Check out the analysis of ODDITY Tech Correlation against competitors.

Latest ODDITY Tech's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of ODDITY Tech Ltd 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. ODDITY Tech's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ODDITY Tech's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

ODDITY Return On Assets Regression Statistics

Arithmetic Mean0.13
Geometric Mean0.13
Coefficient Of Variation14.03
Mean Deviation0.01
Median0.14
Standard Deviation0.02
Sample Variance0.0004
Range0.0486
R-Value(0.61)
Mean Square Error0.0002
R-Squared0.37
Significance0.02
Slope(0)
Total Sum of Squares0

ODDITY Return On Assets History

2024 0.096
2022 0.1
2021 0.0974

About ODDITY Tech Financial Statements

ODDITY Tech stakeholders use historical fundamental indicators, such as ODDITY Tech's Return On Assets, to determine how well the company is positioned to perform in the future. Although ODDITY Tech investors may analyze each financial statement separately, they are all interrelated. For example, changes in ODDITY Tech's assets and liabilities are reflected in the revenues and expenses on ODDITY Tech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ODDITY Tech Ltd. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.14  0.10 

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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 ODDITY Tech is a strong investment it is important to analyze ODDITY Tech'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 ODDITY Tech's future performance. For an informed investment choice regarding ODDITY Stock, refer to the following important reports:
Check out the analysis of ODDITY Tech Correlation against competitors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Personal Care Products 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 ODDITY Tech. If investors know ODDITY 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 ODDITY Tech 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
3.833
Earnings Share
1.63
Revenue Per Share
10.837
Quarterly Revenue Growth
0.26
Return On Assets
0.1904
The market value of ODDITY Tech is measured differently than its book value, which is the value of ODDITY that is recorded on the company's balance sheet. Investors also form their own opinion of ODDITY Tech's value that differs from its market value or its book value, called intrinsic value, which is ODDITY Tech'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 ODDITY Tech's market value can be influenced by many factors that don't directly affect ODDITY Tech'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 ODDITY Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ODDITY Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ODDITY Tech'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.