National Return On Assets from 2010 to 2024

EYE Stock  USD 11.55  0.21  1.85%   
National Vision's Return On Assets are decreasing over the years with slightly volatile fluctuation. Return On Assets are expected to dwindle to 0.01. Return On Assets is a profitability ratio that indicates the percentage of profit National Vision Holdings earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.0211
Current Value
0.0131
Quarterly Volatility
0.02134421
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Vision financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Vision's main balance sheet or income statement drivers, such as Interest Expense of 23.2 M, Selling General Administrative of 697.3 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0785 or PTB Ratio of 4.15. National financial statements analysis is a perfect complement when working with National Vision Valuation or Volatility modules.
  
Check out the analysis of National Vision Correlation against competitors.

Latest National Vision's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of National Vision Holdings over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. National Vision's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Vision's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

National Return On Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.03
Coefficient Of Variation51.31
Mean Deviation0.02
Median0.06
Standard Deviation0.02
Sample Variance0.0005
Range0.0535
R-Value(0.41)
Mean Square Error0.0004
R-Squared0.17
Significance0.13
Slope(0)
Total Sum of Squares0.01

National Return On Assets History

2024 0.0131
2023 0.0211
2022 0.0184
2016 0.009639
2015 0.002451

About National Vision Financial Statements

National Vision stakeholders use historical fundamental indicators, such as National Vision's Return On Assets, to determine how well the company is positioned to perform in the future. Although National Vision investors may analyze each financial statement separately, they are all interrelated. For example, changes in National Vision's assets and liabilities are reflected in the revenues and expenses on National Vision's 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 National Vision Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.02  0.01 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether National Vision Holdings is a strong investment it is important to analyze National Vision'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 National Vision's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out the analysis of National Vision Correlation against competitors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Other Specialty Retail 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 National Vision. If investors know National 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 National Vision 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
(0.34)
Earnings Share
(1.04)
Revenue Per Share
27.744
Quarterly Revenue Growth
0.029
Return On Assets
0.0097
The market value of National Vision Holdings is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Vision's value that differs from its market value or its book value, called intrinsic value, which is National Vision'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 National Vision's market value can be influenced by many factors that don't directly affect National Vision'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 National Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Vision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Vision'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.