Widepoint C Stock Return On Asset

WYY Stock  USD 5.08  0.12  2.42%   
Widepoint C fundamentals help investors to digest information that contributes to Widepoint's financial success or failures. It also enables traders to predict the movement of Widepoint Stock. The fundamental analysis module provides a way to measure Widepoint'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 Widepoint stock.
Return On Assets is likely to drop to -0.08 in 2024.
  
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Widepoint C Company Return On Asset Analysis

Widepoint'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 Widepoint Return On Asset

    
  -0.0341  
Most of Widepoint'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, Widepoint C is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Widepoint Return On Asset Driver Correlations

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

Widepoint Total Assets

Total Assets

36.68 Million

At this time, Widepoint's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Widepoint C has a Return On Asset of -0.0341. This is 98.82% lower than that of the IT Services sector and 101.98% lower than that of the Information Technology industry. The return on asset for all United States stocks is 75.64% lower than that of the firm.

Widepoint Return On Asset Peer Comparison

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

Widepoint Current Valuation Drivers

We derive many important indicators used in calculating different scores of Widepoint from analyzing Widepoint's financial statements. These drivers represent accounts that assess Widepoint's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Widepoint's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap33.4M85.5M35.6M15.9M20.5M32.2M
Enterprise Value32.7M76.0M36.0M13.7M18.3M30.4M

Widepoint 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, Widepoint's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Widepoint's managers, analysts, and investors.
Environmental
Governance
Social

Widepoint Fundamentals

About Widepoint Fundamental Analysis

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

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