Raytech Financial Statements From 2010 to 2026
| RAY Stock | 1.97 0.11 5.91% |
Check Raytech Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Raytech Holding's main balance sheet or income statement drivers, such as , as well as many indicators such as . Raytech financial statements analysis is a perfect complement when working with Raytech Holding Valuation or Volatility modules.
Check out the analysis of Raytech Holding Correlation against competitors. Raytech Holding Limited Company Return On Equity Analysis
Raytech Holding's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Raytech Holding Return On Equity | 0.15 |
Most of Raytech Holding's fundamental indicators, such as Return On Equity, 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, Raytech Holding Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Raytech Holding Limited has a Return On Equity of 0.1531. This is 94.2% lower than that of the Distributors sector and 98.96% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 149.39% lower than that of the firm.
Raytech Holding Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Raytech Holding's current stock value. Our valuation model uses many indicators to compare Raytech Holding value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Raytech Holding competition to find correlations between indicators driving Raytech Holding's intrinsic value. More Info.Raytech Holding Limited is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Raytech Holding Limited is roughly 2.45 . 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 Raytech Holding's earnings, one of the primary drivers of an investment's value.About Raytech Holding Financial Statements
Raytech Holding investors use historical fundamental indicators, such as Raytech Holding's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Raytech Holding. Please read more on our technical analysis and fundamental analysis pages.
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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 Raytech Stock Analysis
When running Raytech Holding's price analysis, check to measure Raytech Holding'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 Raytech Holding is operating at the current time. Most of Raytech Holding's value examination focuses on studying past and present price action to predict the probability of Raytech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytech Holding's price. Additionally, you may evaluate how the addition of Raytech Holding to your portfolios can decrease your overall portfolio volatility.