WELL Health Price To Book vs. Return On Asset
WELL Stock | CAD 7.10 0.08 1.14% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.48 | 0.4797 |
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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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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 |
| = | 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 |
| = | 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 Reported | Projected for Next Year | ||
Accumulated Other Comprehensive Income | 25.7 M | 26.9 M | |
Operating Income | 41.1 M | 43.2 M | |
Income Before Tax | 19.9 M | 20.9 M | |
Total Other Income Expense Net | -21.2 M | -20.2 M | |
Net Income | 82 K | 86.1 K | |
Income Tax Expense | 2.9 M | 3 M | |
Net Interest Income | -31.6 M | -30 M | |
Interest Income | 763 K | 675.9 K | |
Net Income From Continuing Ops | 16.6 M | 17.5 M | |
Net Income Applicable To Common Shares | 1.2 M | 1.3 M | |
Change To Netincome | 43.5 M | 45.7 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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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.
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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.