ConAgra Return On Tangible Assets from 2010 to 2024

CAG Stock  USD 27.45  0.03  0.11%   
ConAgra Foods' Return On Tangible Assets are increasing over the last several years with very volatile swings. Return On Tangible Assets are estimated to finish at 0.13 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.04585799
Current Value
0.12822039
Quarterly Volatility
0.0362436
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ConAgra Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ConAgra Foods' main balance sheet or income statement drivers, such as Depreciation And Amortization of 386.9 M, Interest Expense of 247.4 M or Selling General Administrative of 2.1 B, as well as many indicators such as Price To Sales Ratio of 1.53, Dividend Yield of 0.0244 or PTB Ratio of 2.13. ConAgra financial statements analysis is a perfect complement when working with ConAgra Foods Valuation or Volatility modules.
  
Check out the analysis of ConAgra Foods Correlation against competitors.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.

Latest ConAgra Foods' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of ConAgra Foods over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. ConAgra Foods' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ConAgra Foods' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

ConAgra Return On Tangible Assets Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.06
Coefficient Of Variation49.58
Mean Deviation0.03
Median0.05
Standard Deviation0.04
Sample Variance0
Range0.0918
R-Value0.1
Mean Square Error0
R-Squared0.01
Significance0.73
Slope0.0008
Total Sum of Squares0.02

ConAgra Return On Tangible Assets History

2024 0.13
2019 0.0459
2014 0.11
2011 0.0364
2010 0.0695

About ConAgra Foods Financial Statements

ConAgra Foods stakeholders use historical fundamental indicators, such as ConAgra Foods' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although ConAgra Foods investors may analyze each financial statement separately, they are all interrelated. For example, changes in ConAgra Foods' assets and liabilities are reflected in the revenues and expenses on ConAgra Foods' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ConAgra Foods. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.13 

Currently Active Assets on Macroaxis

When determining whether ConAgra Foods is a strong investment it is important to analyze ConAgra Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ConAgra Foods' future performance. For an informed investment choice regarding ConAgra Stock, refer to the following important reports:
Check out the analysis of ConAgra Foods Correlation against competitors.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Packaged Foods & Meats 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 ConAgra Foods. If investors know ConAgra 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 ConAgra Foods 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
0.451
Dividend Share
1.4
Earnings Share
1.02
Revenue Per Share
24.944
Quarterly Revenue Growth
(0.04)
The market value of ConAgra Foods is measured differently than its book value, which is the value of ConAgra that is recorded on the company's balance sheet. Investors also form their own opinion of ConAgra Foods' value that differs from its market value or its book value, called intrinsic value, which is ConAgra Foods' 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 ConAgra Foods' market value can be influenced by many factors that don't directly affect ConAgra Foods' 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 ConAgra Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConAgra Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConAgra Foods' 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.