Global Medical Reit Stock Return On Asset
| GMRE Stock | USD 8.89 0.03 0.34% |
Global Medical REIT fundamentals help investors to digest information that contributes to Global Medical's financial success or failures. It also enables traders to predict the movement of Global Stock. The fundamental analysis module provides a way to measure Global Medical'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 Global Medical stock.
The current year's Return On Assets is expected to grow to 0.02. Global | Return On Asset |
Global Medical REIT Company Return On Asset Analysis
Global Medical'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.
Current Global Medical Return On Asset | 0.0171 |
Most of Global Medical'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, Global Medical REIT is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Global Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Global Medical is extremely important. It helps to project a fair market value of Global Stock properly, considering its historical fundamentals such as Return On Asset. Since Global Medical'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 Global Medical'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 Global Medical'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.
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Based on the latest financial disclosure, Global Medical REIT has a Return On Asset of 0.0171. This is 96.36% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The return on asset for all United States stocks is 112.21% lower than that of the firm.
Global Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global Medical'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 Global Medical could also be used in its relative valuation, which is a method of valuing Global Medical by comparing valuation metrics of similar companies.Global Medical is currently under evaluation in return on asset category among its peers.
Global Medical 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, Global Medical's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Global Medical's managers, analysts, and investors.Environmental | Governance | Social |
Global Fundamentals
| Return On Equity | 0.0072 | ||||
| Return On Asset | 0.0171 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.26 % | ||||
| Current Valuation | 1.3 B | ||||
| Shares Outstanding | 66.8 M | ||||
| Shares Owned By Insiders | 5.65 % | ||||
| Shares Owned By Institutions | 62.99 % | ||||
| Number Of Shares Shorted | 1.04 M | ||||
| Price To Earning | 39.78 X | ||||
| Price To Book | 1.27 X | ||||
| Price To Sales | 4.48 X | ||||
| Revenue | 140.93 M | ||||
| Gross Profit | 136.93 M | ||||
| EBITDA | 111.64 M | ||||
| Net Income | 20.61 M | ||||
| Cash And Equivalents | 22.46 M | ||||
| Cash Per Share | 0.34 X | ||||
| Total Debt | 618.91 M | ||||
| Debt To Equity | 1.02 % | ||||
| Current Ratio | 2.59 X | ||||
| Book Value Per Share | 7.00 X | ||||
| Cash Flow From Operations | 68.44 M | ||||
| Short Ratio | 3.07 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Price To Earnings To Growth | (26.28) X | ||||
| Target Price | 10.84 | ||||
| Number Of Employees | 26 | ||||
| Beta | 1.28 | ||||
| Market Capitalization | 611.79 M | ||||
| Total Asset | 1.27 B | ||||
| Retained Earnings | (238.98 M) | ||||
| Working Capital | (604.99 M) | ||||
| Current Asset | 83.48 M | ||||
| Current Liabilities | 46.08 M | ||||
| Annual Yield | 0.09 % | ||||
| Five Year Return | 7.22 % | ||||
| Net Asset | 1.27 B | ||||
| Last Dividend Paid | 0.84 |
About Global Medical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Global Medical REIT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Medical REIT 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.When determining whether Global Medical REIT is a strong investment it is important to analyze Global Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Global Medical's future performance. For an informed investment choice regarding Global Stock, refer to the following important reports:Check out Global Medical Piotroski F Score and Global Medical Altman Z Score analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Diversified REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Medical. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Dividend Share 0.84 | Earnings Share (0.02) | Revenue Per Share 2.082 | Quarterly Revenue Growth (0.04) |
The market value of Global Medical REIT is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Medical's value that differs from its market value or its book value, called intrinsic value, which is Global Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Medical's market value can be influenced by many factors that don't directly affect Global Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.