Pagaya Technologies Ltd Stock Return On Asset

PGYWW Stock  USD 0.06  0  2.88%   
Pagaya Technologies Ltd fundamentals help investors to digest information that contributes to Pagaya Technologies' financial success or failures. It also enables traders to predict the movement of Pagaya Stock. The fundamental analysis module provides a way to measure Pagaya Technologies' 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 Pagaya Technologies stock.
Return On Assets is likely to drop to -0.11 in 2024.
  
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Pagaya Technologies Ltd Company Return On Asset Analysis

Pagaya Technologies' 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 Pagaya Technologies Return On Asset

    
  0.0221  
Most of Pagaya Technologies' 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, Pagaya Technologies Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Pagaya Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Pagaya Technologies is extremely important. It helps to project a fair market value of Pagaya Stock properly, considering its historical fundamentals such as Return On Asset. Since Pagaya Technologies' 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 Pagaya Technologies' 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 Pagaya Technologies' 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.
Competition

Pagaya Total Assets

Total Assets

683.45 Million

At this time, Pagaya Technologies' Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Pagaya Technologies Ltd has a Return On Asset of 0.0221. This is 100.76% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The return on asset for all United States stocks is 115.79% lower than that of the firm.

Pagaya Return On Asset Peer Comparison

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

Pagaya Fundamentals

About Pagaya Technologies Fundamental Analysis

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

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