01 Communique Laboratory Stock Return On Asset

ONE Stock  CAD 0.32  0.11  52.38%   
01 Communique Laboratory fundamentals help investors to digest information that contributes to 01 Communique's financial success or failures. It also enables traders to predict the movement of ONE Stock. The fundamental analysis module provides a way to measure 01 Communique'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 01 Communique stock.
Return On Assets is likely to drop to -1.8 in 2024.
  
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01 Communique Laboratory Company Return On Asset Analysis

01 Communique'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

More About Return On Asset | All Equity Analysis

Current 01 Communique Return On Asset

    
  -0.53  
Most of 01 Communique'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, 01 Communique Laboratory is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ONE Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for 01 Communique is extremely important. It helps to project a fair market value of ONE Stock properly, considering its historical fundamentals such as Return On Asset. Since 01 Communique'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 01 Communique'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 01 Communique's interrelated accounts and indicators.
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

ONE Total Assets

Total Assets

413,770

At this time, 01 Communique's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, 01 Communique Laboratory has a Return On Asset of -0.5265. This is 81.78% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on asset for all Canada stocks is notably higher than that of the company.

ONE Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 01 Communique'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 01 Communique could also be used in its relative valuation, which is a method of valuing 01 Communique by comparing valuation metrics of similar companies.
01 Communique is currently under evaluation in return on asset category among its peers.

01 Communique Current Valuation Drivers

We derive many important indicators used in calculating different scores of 01 Communique from analyzing 01 Communique's financial statements. These drivers represent accounts that assess 01 Communique's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of 01 Communique's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap5.4M6.2M13.3M9.6M11.1M10.5M
Enterprise Value5.7M6.3M12.9M9.4M10.8M10.3M

ONE Fundamentals

About 01 Communique Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 01 Communique Laboratory's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 01 Communique using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 01 Communique Laboratory 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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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 ONE Stock Analysis

When running 01 Communique's price analysis, check to measure 01 Communique'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 01 Communique is operating at the current time. Most of 01 Communique's value examination focuses on studying past and present price action to predict the probability of 01 Communique's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 01 Communique's price. Additionally, you may evaluate how the addition of 01 Communique to your portfolios can decrease your overall portfolio volatility.