Mitie Financial Statements From 2010 to 2024
| MITFF Stock | USD 1.60 0.00 0.00% |
Check Mitie Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mitie Group's main balance sheet or income statement drivers, such as , as well as many indicators such as . Mitie financial statements analysis is a perfect complement when working with Mitie Group Valuation or Volatility modules.
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Mitie Group plc Company Return On Asset Analysis
Mitie Group'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 Mitie Group Return On Asset | 0.0263 |
Most of Mitie Group'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, Mitie Group plc 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.
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Based on the latest financial disclosure, Mitie Group plc has a Return On Asset of 0.0263. This is 105.16% lower than that of the Industrials sector and significantly higher than that of the Specialty Business Services industry. The return on asset for all United States stocks is 118.79% lower than that of the firm.
Mitie Group plc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Mitie Group's current stock value. Our valuation model uses many indicators to compare Mitie Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mitie Group competition to find correlations between indicators driving Mitie Group's intrinsic value. More Info.Mitie Group plc is regarded second in return on equity category among its peers. It also is regarded second in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mitie Group plc is roughly 2.78 . 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 Mitie Group's earnings, one of the primary drivers of an investment's value.About Mitie Group Financial Statements
Mitie Group stakeholders use historical fundamental indicators, such as Mitie Group's revenue or net income, to determine how well the company is positioned to perform in the future. Although Mitie Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mitie Group's assets and liabilities are reflected in the revenues and expenses on Mitie Group'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 Mitie Group plc. Please read more on our technical analysis and fundamental analysis pages.
Mitie Group plc, together with its subsidiaries, provides strategic outsourcing services in the United Kingdom and internationally. Mitie Group plc was incorporated in 1936 and is headquartered in London, the United Kingdom. Mitie Group operates under Specialty Business Services classification in the United States and is traded on OTC Exchange. It employs 71330 people.
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Other Information on Investing in Mitie Pink Sheet
Mitie Group financial ratios help investors to determine whether Mitie Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mitie with respect to the benefits of owning Mitie Group security.