Clps Inc Stock Return On Asset

CLPS Stock  USD 1.11  0.01  0.91%   
CLPS Inc fundamentals help investors to digest information that contributes to CLPS's financial success or failures. It also enables traders to predict the movement of CLPS Stock. The fundamental analysis module provides a way to measure CLPS'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 CLPS stock.
Return On Assets is likely to gain to -0.02 in 2024.
  
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CLPS Inc Company Return On Asset Analysis

CLPS'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

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Current CLPS Return On Asset

    
  -0.0155  
Most of CLPS'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, CLPS Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CLPS Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for CLPS is extremely important. It helps to project a fair market value of CLPS Stock properly, considering its historical fundamentals such as Return On Asset. Since CLPS's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CLPS's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CLPS's interrelated accounts and indicators.
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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

CLPS Total Assets

Total Assets

63.91 Million

At this time, CLPS's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, CLPS Inc has a Return On Asset of -0.0155. This is 99.46% lower than that of the IT Services sector and 100.9% lower than that of the Information Technology industry. The return on asset for all United States stocks is 88.93% lower than that of the firm.

CLPS Return On Asset Peer Comparison

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

CLPS Current Valuation Drivers

We derive many important indicators used in calculating different scores of CLPS from analyzing CLPS's financial statements. These drivers represent accounts that assess CLPS's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of CLPS's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap31.7M74.3M32.2M27.3M22.4M21.3M
Enterprise Value21.3M57.1M28.3M16.5M19.6M18.6M

CLPS Fundamentals

About CLPS Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for CLPS Stock Analysis

When running CLPS's price analysis, check to measure CLPS'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 CLPS is operating at the current time. Most of CLPS's value examination focuses on studying past and present price action to predict the probability of CLPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLPS's price. Additionally, you may evaluate how the addition of CLPS to your portfolios can decrease your overall portfolio volatility.