Red Violet Stock Return On Equity
| RDVT Stock | USD 38.76 1.11 2.95% |
Red Violet fundamentals help investors to digest information that contributes to Red Violet's financial success or failures. It also enables traders to predict the movement of Red Stock. The fundamental analysis module provides a way to measure Red Violet'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 Red Violet stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.16 | 0.16 |
Red | Return On Equity |
Red Violet Company Return On Equity Analysis
Red Violet'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.
Current Red Violet Return On Equity | 0.0559 |
Most of Red Violet'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, Red Violet is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Red Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Red Violet is extremely important. It helps to project a fair market value of Red Stock properly, considering its historical fundamentals such as Return On Equity. Since Red Violet'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 Red Violet'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 Red Violet's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Red Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Red Violet has a Return On Equity of 0.0559. This is 100.46% lower than that of the Professional Services sector and significantly higher than that of the Industrials industry. The return on equity for all United States stocks is 118.03% lower than that of the firm.
Red Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Red Violet'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 Red Violet could also be used in its relative valuation, which is a method of valuing Red Violet by comparing valuation metrics of similar companies.Red Violet is currently under evaluation in return on equity category among its peers.
Red Violet Current Valuation Drivers
We derive many important indicators used in calculating different scores of Red Violet from analyzing Red Violet's financial statements. These drivers represent accounts that assess Red Violet's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Red Violet's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 199.2M | 309.8M | 500.0M | 316.7M | 279.1M | 223.2M | |
| Enterprise Value | 190.4M | 301.4M | 467.6M | 286.2M | 249.6M | 207.3M |
Red Violet 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, Red Violet's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Red Violet's managers, analysts, and investors.Environmental | Governance | Social |
Red Fundamentals
| Return On Equity | 0.0559 | ||||
| Return On Asset | 0.043 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 485.66 M | ||||
| Shares Outstanding | 13.79 M | ||||
| Shares Owned By Insiders | 22.36 % | ||||
| Shares Owned By Institutions | 60.28 % | ||||
| Number Of Shares Shorted | 687.84 K | ||||
| Price To Earning | 156.82 X | ||||
| Price To Book | 5.66 X | ||||
| Price To Sales | 7.56 X | ||||
| Revenue | 60.2 M | ||||
| Gross Profit | 41.11 M | ||||
| EBITDA | 10.86 M | ||||
| Net Income | 13.53 M | ||||
| Cash And Equivalents | 32.33 M | ||||
| Cash Per Share | 2.36 X | ||||
| Total Debt | 2.57 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 11.17 X | ||||
| Book Value Per Share | 6.67 X | ||||
| Cash Flow From Operations | 15.07 M | ||||
| Short Ratio | 7.70 X | ||||
| Earnings Per Share | 0.36 X | ||||
| Target Price | 43.0 | ||||
| Number Of Employees | 183 | ||||
| Beta | 1.46 | ||||
| Market Capitalization | 534.57 M | ||||
| Total Asset | 92.99 M | ||||
| Retained Earnings | (7.87 M) | ||||
| Working Capital | 35.4 M | ||||
| Current Asset | 9.32 M | ||||
| Current Liabilities | 3.89 M | ||||
| Net Asset | 92.99 M |
About Red Violet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Red Violet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Red Violet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Red Violet 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Red Stock Analysis
When running Red Violet's price analysis, check to measure Red Violet'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 Red Violet is operating at the current time. Most of Red Violet's value examination focuses on studying past and present price action to predict the probability of Red Violet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Violet's price. Additionally, you may evaluate how the addition of Red Violet to your portfolios can decrease your overall portfolio volatility.