Asx Stock Return On Equity
| ASX Stock | 64.30 1.14 1.74% |
ASX fundamentals help investors to digest information that contributes to ASX's financial success or failures. It also enables traders to predict the movement of ASX Stock. The fundamental analysis module provides a way to measure ASX'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 ASX stock.
ASX | Return On Equity |
ASX Company Return On Equity Analysis
ASX'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 ASX Return On Equity | 0.13 |
Most of ASX'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, ASX 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.
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ASX Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, ASX has a Return On Equity of 0.1288. This is 91.12% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The return on equity for all Australia stocks is 141.55% lower than that of the firm.
ASX Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASX's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ASX could also be used in its relative valuation, which is a method of valuing ASX by comparing valuation metrics of similar companies.ASX is currently under evaluation in return on equity category among its peers.
ASX ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ASX's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ASX's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
ASX Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0431 | ||||
| Profit Margin | 0.30 % | ||||
| Operating Margin | 0.74 % | ||||
| Current Valuation | (615.41 M) | ||||
| Shares Outstanding | 193.89 M | ||||
| Shares Owned By Insiders | 0.24 % | ||||
| Shares Owned By Institutions | 54.17 % | ||||
| Price To Book | 3.35 X | ||||
| Price To Sales | 8.04 X | ||||
| Revenue | 1.05 B | ||||
| Gross Profit | 1.1 B | ||||
| EBITDA | 1.18 B | ||||
| Net Income | 474.2 M | ||||
| Total Debt | 334.3 M | ||||
| Book Value Per Share | 19.21 X | ||||
| Cash Flow From Operations | 682.2 M | ||||
| Earnings Per Share | 2.45 X | ||||
| Target Price | 63.26 | ||||
| Number Of Employees | 1.19 K | ||||
| Beta | 0.27 | ||||
| Market Capitalization | 12.72 B | ||||
| Total Asset | 16.89 B | ||||
| Retained Earnings | 619.1 M | ||||
| Working Capital | 1.54 B | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 16.89 B | ||||
| Last Dividend Paid | 2.08 |
About ASX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ASX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASX 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 ASX Stock Analysis
When running ASX's price analysis, check to measure ASX'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 ASX is operating at the current time. Most of ASX's value examination focuses on studying past and present price action to predict the probability of ASX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASX's price. Additionally, you may evaluate how the addition of ASX to your portfolios can decrease your overall portfolio volatility.