Work Medical Technology Stock Return On Equity
| WOK Stock | 5.46 0.75 15.92% |
WORK Medical Technology fundamentals help investors to digest information that contributes to WORK Medical's financial success or failures. It also enables traders to predict the movement of WORK Stock. The fundamental analysis module provides a way to measure WORK 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 WORK Medical stock.
WORK | Return On Equity |
WORK Medical Technology Company Return On Equity Analysis
WORK Medical'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.
WORK Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for WORK Medical is extremely important. It helps to project a fair market value of WORK Stock properly, considering its historical fundamentals such as Return On Equity. Since WORK 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 WORK 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 WORK Medical's interrelated accounts and indicators.
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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.
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WORK Total Stockholder Equity
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Based on the latest financial disclosure, WORK Medical Technology has a Return On Equity of 0.0. This indicator is about the same for the Health Care Equipment & Supplies average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
WORK Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WORK Medical'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 WORK Medical could also be used in its relative valuation, which is a method of valuing WORK Medical by comparing valuation metrics of similar companies.WORK Medical is currently under evaluation in return on equity category among its peers.
WORK Fundamentals
| Total Debt | 8.84 M | ||||
| Number Of Employees | 226 | ||||
| Total Asset | 29.96 M | ||||
| Retained Earnings | 9.58 M | ||||
| Working Capital | 3.23 M | ||||
| Net Asset | 29.96 M |
About WORK Medical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WORK Medical Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WORK Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WORK Medical Technology 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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Is Health Care Equipment & Supplies 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 WORK Medical. If investors know WORK 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 WORK Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of WORK Medical Technology is measured differently than its book value, which is the value of WORK that is recorded on the company's balance sheet. Investors also form their own opinion of WORK Medical's value that differs from its market value or its book value, called intrinsic value, which is WORK 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 WORK Medical's market value can be influenced by many factors that don't directly affect WORK 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 WORK Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if WORK Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WORK 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.