Matrix Service Return On Equity vs. Return On Asset
| MTRX Stock | USD 12.10 0.07 0.58% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.15) | Current Value 0.1795245 | Quarterly Volatility 0.14666817 |
For Matrix Service profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Matrix Service to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Matrix Service Co utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Matrix Service's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Matrix Service Co over time as well as its relative position and ranking within its peers.
Matrix |
Matrix Service's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Oil & Gas Equipment & Services 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 Matrix Service. If investors know Matrix 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 Matrix Service listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.75 | Earnings Share (1.12) | Revenue Per Share 25.323 | Quarterly Revenue Growth (0.16) | Return On Assets (0.05) |
The market value of Matrix Service is measured differently than its book value, which is the value of Matrix that is recorded on the company's balance sheet. Investors also form their own opinion of Matrix Service's value that differs from its market value or its book value, called intrinsic value, which is Matrix Service'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 Matrix Service's market value can be influenced by many factors that don't directly affect Matrix Service'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 Matrix Service's value and its price as these two are different measures arrived at by different means. Investors typically determine if Matrix Service is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Matrix Service'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.
Matrix Service Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Matrix Service's current stock value. Our valuation model uses many indicators to compare Matrix Service value to that of its competitors to determine the firm's financial worth. Matrix Service Co is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . At this time, Matrix Service's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Matrix Service's earnings, one of the primary drivers of an investment's value.Matrix Service's Earnings Breakdown by Geography
Matrix Return On Asset vs. Return On Equity
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.
Matrix Service |
| = | -0.18 |
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.
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.
Matrix Service |
| = | -0.0515 |
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.
Matrix Return On Asset Comparison
Matrix Service is currently under evaluation in return on asset category among its peers.
Matrix Service Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Matrix Service, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Matrix Service will eventually generate negative long term returns. The profitability progress is the general direction of Matrix Service's change in net profit over the period of time. It can combine multiple indicators of Matrix Service, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -9.5 M | -10 M | |
| Operating Income | -29.6 M | -28.1 M | |
| Income Before Tax | -25 M | -23.8 M | |
| Total Other Income Expense Net | 4.6 M | 4.8 M | |
| Net Loss | -25 M | -23.7 M | |
| Income Tax Expense | -36 K | -34.2 K | |
| Net Loss | -47.1 M | -44.8 M | |
| Net Loss | -25 M | -23.7 M | |
| Non Operating Income Net Other | 37.4 M | 39.3 M | |
| Interest Income | 1.3 M | 684.8 K | |
| Net Interest Income | 209 K | 219.4 K | |
| Change To Netincome | 18.9 M | 13.9 M | |
| Net Income Per Share | (0.91) | 1.17 | |
| Income Quality | (2.91) | 1.26 | |
| Net Income Per E B T | 1.00 | 0.64 |
Matrix Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Matrix Service. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Matrix Service position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Matrix Service's important profitability drivers and their relationship over time.
Use Matrix Service in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Matrix Service position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Matrix Service will appreciate offsetting losses from the drop in the long position's value.Matrix Service Pair Trading
Matrix Service Co Pair Trading Analysis
The ability to find closely correlated positions to Matrix Service could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Matrix Service when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Matrix Service - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Matrix Service Co to buy it.
The correlation of Matrix Service is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Matrix Service moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Matrix Service moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Matrix Service can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Matrix Service position
In addition to having Matrix Service in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Russia On Wall Street Thematic Idea Now
Russia On Wall Street
Cross-sector and cross-instrument bundle of publicly traded Russian entities that are expected to be listed on USA exchanges or over the counter. The Russia On Wall Street theme has 23 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Russia On Wall Street Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Matrix Stock Analysis
When running Matrix Service's price analysis, check to measure Matrix Service'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 Matrix Service is operating at the current time. Most of Matrix Service's value examination focuses on studying past and present price action to predict the probability of Matrix Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matrix Service's price. Additionally, you may evaluate how the addition of Matrix Service to your portfolios can decrease your overall portfolio volatility.