Eve Energy Stock Return On Asset

300014 Stock   47.03  0.03  0.06%   
EVE Energy fundamentals help investors to digest information that contributes to EVE Energy's financial success or failures. It also enables traders to predict the movement of EVE Stock. The fundamental analysis module provides a way to measure EVE Energy'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 EVE Energy 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.

EVE Energy Company Return On Asset Analysis

EVE Energy'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 EVE Energy Return On Asset

    
  0.007  
Most of EVE Energy'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, EVE Energy 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

EVE Total Assets

Total Assets

99.07 Billion

At present, EVE Energy's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, EVE Energy has a Return On Asset of 0.007. This is 101.37% lower than that of the Electrical Equipment sector and significantly higher than that of the Industrials industry. The return on asset for all China stocks is 105.0% lower than that of the firm.

EVE Return On Asset Peer Comparison

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

EVE Fundamentals

About EVE Energy Fundamental Analysis

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

Other Information on Investing in EVE Stock

EVE Energy financial ratios help investors to determine whether EVE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EVE with respect to the benefits of owning EVE Energy security.