Micronet Financial Statements From 2010 to 2024
| MCRNT Stock | ILA 160.00 2.70 1.66% |
Check Micronet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Micronet's main balance sheet or income statement drivers, such as , as well as many indicators such as . Micronet financial statements analysis is a perfect complement when working with Micronet Valuation or Volatility modules.
Micronet |
Micronet Company Return On Asset Analysis
Micronet'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.
Current Micronet Return On Asset | -0.0834 |
Most of Micronet'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, Micronet 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, Micronet has a Return On Asset of -0.0834. This is 97.11% lower than that of the Technology sector and 94.36% lower than that of the Communication Equipment industry. The return on asset for all Israel stocks is 40.43% lower than that of the firm.
Micronet Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Micronet's current stock value. Our valuation model uses many indicators to compare Micronet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Micronet competition to find correlations between indicators driving Micronet's intrinsic value. More Info.Micronet is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Micronet's earnings, one of the primary drivers of an investment's value.About Micronet Financial Statements
Micronet shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Micronet investors may analyze each financial statement separately, they are all interrelated. The changes in Micronet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Micronet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Micronet Ltd develops, manufactures, and markets mobile computing platforms for integration into fleet and mobile workforce management solutions. The companys products are used in various vertical markets, including long and short-haul trucking, public transportation, infrastructure, utilities, government, construction, waste management, public safety, and field services. MICRONET operates under Communication Equipment classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 14 people.
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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.Additional Tools for Micronet Stock Analysis
When running Micronet's price analysis, check to measure Micronet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micronet is operating at the current time. Most of Micronet's value examination focuses on studying past and present price action to predict the probability of Micronet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micronet's price. Additionally, you may evaluate how the addition of Micronet to your portfolios can decrease your overall portfolio volatility.