ConnectM Return On Tangible Assets from 2010 to 2024

CNTM Stock  USD 0.98  0.10  11.36%   
ConnectM Technology Return On Tangible Assets yearly trend continues to be very stable with very little volatility. Return On Tangible Assets are likely to grow to -0.18 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
(0.19)
Current Value
(0.18)
Quarterly Volatility
0.07637024
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ConnectM Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ConnectM Technology's main balance sheet or income statement drivers, such as Interest Expense of 181.4 K, Selling General Administrative of 6.4 M or Total Revenue of 10.9 M, as well as many indicators such as Price To Sales Ratio of 19.1, Dividend Yield of 0.0 or PTB Ratio of 2.43. ConnectM financial statements analysis is a perfect complement when working with ConnectM Technology Valuation or Volatility modules.
  
Check out the analysis of ConnectM Technology Correlation against competitors.

Latest ConnectM Technology's Return On Tangible Assets Growth Pattern

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

ConnectM Return On Tangible Assets Regression Statistics

Arithmetic Mean(0)
Coefficient Of Variation(2,963)
Mean Deviation0.05
Median0.03
Standard Deviation0.08
Sample Variance0.01
Range0.2208
R-Value(0.66)
Mean Square Error0
R-Squared0.44
Significance0.01
Slope(0.01)
Total Sum of Squares0.08

ConnectM Return On Tangible Assets History

2024 -0.18
2023 -0.19
2022 -0.0421

About ConnectM Technology Financial Statements

ConnectM Technology investors utilize fundamental indicators, such as Return On Tangible Assets, to predict how ConnectM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.19)(0.18)

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When determining whether ConnectM Technology is a strong investment it is important to analyze ConnectM Technology's 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 ConnectM Technology's future performance. For an informed investment choice regarding ConnectM Stock, refer to the following important reports:
Check out the analysis of ConnectM Technology Correlation against competitors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Technology Hardware, Storage & Peripherals 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 ConnectM Technology. If investors know ConnectM 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 ConnectM Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.28)
Revenue Per Share
12.644
Quarterly Revenue Growth
(0.06)
The market value of ConnectM Technology is measured differently than its book value, which is the value of ConnectM that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectM Technology's value that differs from its market value or its book value, called intrinsic value, which is ConnectM Technology'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 ConnectM Technology's market value can be influenced by many factors that don't directly affect ConnectM Technology'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 ConnectM Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectM Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectM Technology'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.