RFIL Return On Tangible Assets from 2010 to 2024

RFIL Stock  USD 4.18  0.07  1.65%   
RF Industries Return On Tangible Assets yearly trend continues to be quite stable with very little volatility. Return On Tangible Assets may rise above -0.06 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.06)
Current Value
(0.06)
Quarterly Volatility
0.11122932
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RF Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RF Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 M, Interest Expense of 661.3 K or Selling General Administrative of 24.4 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0102 or PTB Ratio of 1.67. RFIL financial statements analysis is a perfect complement when working with RF Industries Valuation or Volatility modules.
  
Check out the analysis of RF Industries Correlation against competitors.
For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.

Latest RF Industries' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of RF Industries over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. RF Industries' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in RF Industries' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

RFIL Return On Tangible Assets Regression Statistics

Arithmetic Mean0.04
Coefficient Of Variation272.67
Mean Deviation0.09
Median0.05
Standard Deviation0.11
Sample Variance0.01
Range0.4308
R-Value(0.41)
Mean Square Error0.01
R-Squared0.16
Significance0.13
Slope(0.01)
Total Sum of Squares0.17

RFIL Return On Tangible Assets History

2024 -0.0566
2023 -0.0596
2022 -0.0518
2021 0.0223
2019 -0.002382
2018 0.1
2017 0.2

About RF Industries Financial Statements

RF Industries investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how RFIL Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.06)(0.06)

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When determining whether RF Industries is a strong investment it is important to analyze RF Industries' 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 RF Industries' future performance. For an informed investment choice regarding RFIL Stock, refer to the following important reports:
Check out the analysis of RF Industries Correlation against competitors.
For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Electronic Equipment, Instruments & Components 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 RF Industries. If investors know RFIL 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 RF Industries 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
0.134
Earnings Share
(0.69)
Revenue Per Share
5.969
Quarterly Revenue Growth
0.076
Return On Assets
(0.02)
The market value of RF Industries is measured differently than its book value, which is the value of RFIL that is recorded on the company's balance sheet. Investors also form their own opinion of RF Industries' value that differs from its market value or its book value, called intrinsic value, which is RF Industries' 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 RF Industries' market value can be influenced by many factors that don't directly affect RF Industries' 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 RF Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if RF Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RF Industries' 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.