Biostar Microtech International Stock Return On Asset

2399 Stock  TWD 29.00  0.45  1.53%   
Biostar Microtech International fundamentals help investors to digest information that contributes to Biostar Microtech's financial success or failures. It also enables traders to predict the movement of Biostar Stock. The fundamental analysis module provides a way to measure Biostar Microtech'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 Biostar Microtech stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Biostar Microtech International Company Return On Asset Analysis

Biostar Microtech'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 Biostar Microtech Return On Asset

    
  0.0256  
Most of Biostar Microtech'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, Biostar Microtech International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Based on the latest financial disclosure, Biostar Microtech International has a Return On Asset of 0.0256. This is 100.89% lower than that of the Technology Hardware, Storage & Peripherals sector and 101.44% lower than that of the Information Technology industry. The return on asset for all Taiwan stocks is 118.29% lower than that of the firm.

Biostar Return On Asset Peer Comparison

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

Biostar Fundamentals

About Biostar Microtech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Biostar Microtech International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Biostar Microtech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Biostar Microtech International 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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Additional Tools for Biostar Stock Analysis

When running Biostar Microtech's price analysis, check to measure Biostar Microtech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Biostar Microtech is operating at the current time. Most of Biostar Microtech's value examination focuses on studying past and present price action to predict the probability of Biostar Microtech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biostar Microtech's price. Additionally, you may evaluate how the addition of Biostar Microtech to your portfolios can decrease your overall portfolio volatility.