WELL Health Price To Book vs. Return On Asset

WELL Stock  CAD 7.10  0.08  1.14%   
Considering the key profitability indicators obtained from WELL Health's historical financial statements, WELL Health Technologies is performing exceptionally good at this time. It has a great probability to showcase excellent profitability results in January. Profitability indicators assess WELL Health's ability to earn profits and add value for shareholders. As of the 21st of December 2024, Operating Cash Flow Sales Ratio is likely to grow to 0.09, while Price To Sales Ratio is likely to drop 1.11. At this time, WELL Health's Net Income Applicable To Common Shares is very stable compared to the past year. As of the 21st of December 2024, Change To Netincome is likely to grow to about 45.7 M, though Total Other Income Expense Net is likely to grow to (20.2 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.480.4797
Slightly Up
Slightly volatile
For WELL Health profitability analysis, we use financial ratios and fundamental drivers that measure the ability of WELL Health to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well WELL Health Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between WELL Health's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of WELL Health Technologies over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between WELL Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if WELL Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WELL Health'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.

WELL Health Technologies Return On Asset vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining WELL Health's current stock value. Our valuation model uses many indicators to compare WELL Health value to that of its competitors to determine the firm's financial worth.
WELL Health Technologies is rated first in price to book category among its peers. It is rated first in return on asset category among its peers reporting about  0.01  of Return On Asset per Price To Book. The ratio of Price To Book to Return On Asset for WELL Health Technologies is roughly  85.17 . As of the 21st of December 2024, Return On Assets is likely to grow to 0.000061. Comparative valuation analysis is a catch-all model that can be used if you cannot value WELL Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for WELL Health's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

WELL Return On Asset vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

WELL Health

P/B

 = 

MV Per Share

BV Per Share

 = 
2.09 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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.

WELL Health

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0245
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.

WELL Return On Asset Comparison

WELL Health is currently under evaluation in return on asset category among its peers.

WELL Health Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in WELL Health, profitability is also one of the essential criteria for including it into their portfolios because, without profit, WELL Health will eventually generate negative long term returns. The profitability progress is the general direction of WELL Health's change in net profit over the period of time. It can combine multiple indicators of WELL Health, 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 ReportedProjected for Next Year
Accumulated Other Comprehensive Income25.7 M26.9 M
Operating Income41.1 M43.2 M
Income Before Tax19.9 M20.9 M
Total Other Income Expense Net-21.2 M-20.2 M
Net Income82 K86.1 K
Income Tax Expense2.9 MM
Net Interest Income-31.6 M-30 M
Interest Income763 K675.9 K
Net Income From Continuing Ops16.6 M17.5 M
Net Income Applicable To Common Shares1.2 M1.3 M
Change To Netincome43.5 M45.7 M
Income Quality 810.21  850.72 

WELL Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on WELL Health. 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 WELL Health 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 WELL Health's important profitability drivers and their relationship over time.

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Our tools can tell you how much better you can do entering a position in WELL Health without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your WELL Health position

In addition to having WELL Health 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.

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Baby Boomer Prospects
Baby Boomer Prospects Theme
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 99 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 Baby Boomer Prospects Theme or any other thematic opportunities.
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Other Information on Investing in WELL Stock

To fully project WELL Health's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of WELL Health Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include WELL Health's income statement, its balance sheet, and the statement of cash flows.
Potential WELL Health investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although WELL Health investors may work on each financial statement separately, they are all related. The changes in WELL Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on WELL Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.