Compass Return On Tangible Assets from 2010 to 2024

CODI Stock  USD 23.44  0.42  1.82%   
Compass Diversified's Return On Tangible Assets are decreasing with stable movements from year to year. 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
0.1236594
Current Value
0.13
Quarterly Volatility
0.11619288
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Compass Diversified financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Compass Diversified's main balance sheet or income statement drivers, such as Interest Expense of 116.7 M, Selling General Administrative of 65 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.097 or PTB Ratio of 0.93. Compass financial statements analysis is a perfect complement when working with Compass Diversified Valuation or Volatility modules.
  
Check out the analysis of Compass Diversified Correlation against competitors.

Latest Compass Diversified's Return On Tangible Assets Growth Pattern

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

Compass Return On Tangible Assets Regression Statistics

Arithmetic Mean0.09
Geometric Mean0.04
Coefficient Of Variation134.32
Mean Deviation0.09
Median0.04
Standard Deviation0.12
Sample Variance0.01
Range0.4435
R-Value(0.19)
Mean Square Error0.01
R-Squared0.03
Significance0.51
Slope(0)
Total Sum of Squares0.19

Compass Return On Tangible Assets History

2024 0.13
2023 0.12
2021 0.0171
2020 0.0229
2019 -0.0457
2018 -0.004435
2017 0.0395

About Compass Diversified Financial Statements

Investors use fundamental indicators, such as Compass Diversified's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Compass Diversified's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.12  0.13 

Currently Active Assets on Macroaxis

When determining whether Compass Diversified offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Compass Diversified's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Compass Diversified Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Compass Diversified Holdings Stock:
Check out the analysis of Compass Diversified Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Multi-Sector Holdings 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 Compass Diversified. If investors know Compass 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 Compass Diversified 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
(0.13)
Dividend Share
1
Earnings Share
(1.89)
Revenue Per Share
29.678
Quarterly Revenue Growth
0.118
The market value of Compass Diversified is measured differently than its book value, which is the value of Compass that is recorded on the company's balance sheet. Investors also form their own opinion of Compass Diversified's value that differs from its market value or its book value, called intrinsic value, which is Compass Diversified'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 Compass Diversified's market value can be influenced by many factors that don't directly affect Compass Diversified'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 Compass Diversified's value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass Diversified is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass Diversified'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.