Centrais Eltricas Brasileiras Preferred Stock Return On Asset

ELET6 Preferred Stock  BRL 38.82  1.10  2.76%   
Centrais Eltricas Brasileiras fundamentals help investors to digest information that contributes to Centrais Eltricas' financial success or failures. It also enables traders to predict the movement of Centrais Preferred Stock. The fundamental analysis module provides a way to measure Centrais Eltricas' 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 Centrais Eltricas preferred stock.
  
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Centrais Eltricas Brasileiras Company Return On Asset Analysis

Centrais Eltricas' 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 Centrais Eltricas Return On Asset

    
  0.032  
Most of Centrais Eltricas' 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, Centrais Eltricas Brasileiras 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, Centrais Eltricas Brasileiras has a Return On Asset of 0.032. This is 98.69% lower than that of the Electric Utilities sector and 98.57% lower than that of the Utilities industry. The return on asset for all Brazil preferred stocks is 122.86% lower than that of the firm.

Centrais Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Centrais Eltricas' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Centrais Eltricas could also be used in its relative valuation, which is a method of valuing Centrais Eltricas by comparing valuation metrics of similar companies.
Centrais Eltricas is rated # 4 in return on asset category among its peers.

Centrais Fundamentals

About Centrais Eltricas Fundamental Analysis

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

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