Elia Group Sanv Stock Return On Asset

ELIAF Stock  USD 121.55  0.00  0.00%   
Fundamental analysis of Elia Group allows traders to better anticipate movements in Elia Group's stock price by examining its financial health and performance throughout various phases of its business cycle.
  
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Elia Group SANV OTC Stock Return On Asset Analysis

Elia Group'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 Elia Group Return On Asset

    
  0.0036  
Most of Elia Group'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, Elia Group SANV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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
Based on the latest financial disclosure, Elia Group SANV has a Return On Asset of 0.0036. This is much higher than that of the sector and significantly higher than that of the Return On Asset industry. The return on asset for all United States stocks is notably lower than that of the firm.

Elia Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elia Group's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Elia Group could also be used in its relative valuation, which is a method of valuing Elia Group by comparing valuation metrics of similar companies.
Elia Group is currently under evaluation in return on asset category among its peers.

Elia Fundamentals

About Elia Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elia Group SANV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elia Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elia Group SANV based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.

Currently Active Assets on Macroaxis

Other Information on Investing in Elia OTC Stock

Elia Group financial ratios help investors to determine whether Elia OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Elia with respect to the benefits of owning Elia Group security.