Asiabest Group International Stock Return On Equity
ABG Stock | 26.20 5.20 24.76% |
Asiabest Group International fundamentals help investors to digest information that contributes to Asiabest Group's financial success or failures. It also enables traders to predict the movement of Asiabest Stock. The fundamental analysis module provides a way to measure Asiabest Group'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 Asiabest Group stock.
Asiabest |
Asiabest Group International Company Return On Equity Analysis
Asiabest Group's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Asiabest Group Return On Equity | -1.43 |
Most of Asiabest Group's fundamental indicators, such as Return On Equity, 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, Asiabest Group International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Asiabest Group International has a Return On Equity of -1.4312. This is much lower than that of the sector and significantly lower than that of the Return On Equity industry. The return on equity for all Philippines stocks is notably higher than that of the company.
Did you try this?
Run FinTech Suite Now
FinTech SuiteUse AI to screen and filter profitable investment opportunities |
All Next | Launch Module |
Asiabest Fundamentals
Return On Equity | -1.43 | |||
Net Income | (4.53 M) | |||
Cash And Equivalents | 254.08 M | |||
Cash Flow From Operations | (7.22 M) | |||
Earnings Per Share | (0.01) X | |||
Market Capitalization | 2.07 B | |||
Total Asset | 259.28 M | |||
Net Asset | 259.28 M |
About Asiabest Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Asiabest Group International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asiabest Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asiabest Group 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.
Also Currently Popular
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 Asiabest Stock
Asiabest Group financial ratios help investors to determine whether Asiabest 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 Asiabest with respect to the benefits of owning Asiabest Group security.