Ming Le Sports Stock Return On Asset
| ML2 Stock | EUR 1.20 0.10 7.69% |
Ming Le Sports fundamentals help investors to digest information that contributes to Ming Le's financial success or failures. It also enables traders to predict the movement of Ming Stock. The fundamental analysis module provides a way to measure Ming Le'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 Ming Le stock.
Ming |
Ming Le Sports Company Return On Asset Analysis
Ming Le'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 Ming Le Return On Asset | -0.0501 |
Most of Ming Le'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, Ming Le Sports 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, Ming Le Sports has a Return On Asset of -0.0501. This is 104.6% lower than that of the Consumer Cyclical sector and 99.68% lower than that of the Apparel Manufacturing industry. The return on asset for all Germany stocks is 64.21% lower than that of the firm.
Ming Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ming Le'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 Ming Le could also be used in its relative valuation, which is a method of valuing Ming Le by comparing valuation metrics of similar companies.Ming Le is currently under evaluation in return on asset category among its peers.
Ming Fundamentals
| Return On Equity | -0.0328 | |||
| Return On Asset | -0.0501 | |||
| Profit Margin | (0.76) % | |||
| Operating Margin | (1.90) % | |||
| Current Valuation | 2.32 M | |||
| Shares Outstanding | 3.08 M | |||
| Shares Owned By Institutions | 34.68 % | |||
| Price To Earning | 0.01 X | |||
| Price To Book | 2.04 X | |||
| Price To Sales | 48.82 X | |||
| Gross Profit | 619.67 K | |||
| EBITDA | (357.51 K) | |||
| Net Income | (213.22 K) | |||
| Cash And Equivalents | 2.2 M | |||
| Cash Per Share | 3.58 X | |||
| Debt To Equity | 0.60 % | |||
| Current Ratio | 24.21 X | |||
| Book Value Per Share | 0.64 X | |||
| Cash Flow From Operations | (227.44 K) | |||
| Earnings Per Share | (0.02) X | |||
| Target Price | 13.75 | |||
| Beta | 0.46 | |||
| Market Capitalization | 3.85 M | |||
| Total Asset | 1.93 M | |||
| Net Asset | 1.93 M |
About Ming Le Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ming Le Sports's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ming Le using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ming Le Sports 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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Other Information on Investing in Ming Stock
Ming Le financial ratios help investors to determine whether Ming Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ming with respect to the benefits of owning Ming Le security.