Enzo Biochem Stock Return On Equity

ENZ Stock  USD 1.08  0.05  4.85%   
Enzo Biochem fundamentals help investors to digest information that contributes to Enzo Biochem's financial success or failures. It also enables traders to predict the movement of Enzo Stock. The fundamental analysis module provides a way to measure Enzo Biochem'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 Enzo Biochem stock.
Last ReportedProjected for Next Year
Return On Equity(0.46)(0.49)
Return On Equity is likely to drop to -0.49 in 2024.
  
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Enzo Biochem Company Return On Equity Analysis

Enzo Biochem'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Enzo Biochem Return On Equity

    
  -0.15  
Most of Enzo Biochem'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, Enzo Biochem is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Enzo Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Enzo Biochem is extremely important. It helps to project a fair market value of Enzo Stock properly, considering its historical fundamentals such as Return On Equity. Since Enzo Biochem'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 Enzo Biochem'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 Enzo Biochem's interrelated accounts and indicators.
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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.
Competition

Enzo Total Stockholder Equity

Total Stockholder Equity

74.79 Million

At this time, Enzo Biochem's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Enzo Biochem has a Return On Equity of -0.1459. This is 99.39% lower than that of the Health Care Providers & Services sector and 97.82% lower than that of the Health Care industry. The return on equity for all United States stocks is 52.94% lower than that of the firm.

Enzo Return On Equity Peer Comparison

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

Enzo Fundamentals

About Enzo Biochem Fundamental Analysis

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

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