Ross Financial Statements From 2010 to 2024
ROST34 Stock | BRL 458.10 11.21 2.51% |
Check Ross Stores financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ross Stores' main balance sheet or income statement drivers, such as , as well as many indicators such as . Ross financial statements analysis is a perfect complement when working with Ross Stores Valuation or Volatility modules.
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Ross Stores Company Return On Equity Analysis
Ross Stores' 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 Ross Stores Return On Equity | 0.35 |
Most of Ross Stores' 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, Ross Stores 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.
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Based on the latest financial disclosure, Ross Stores has a Return On Equity of 0.3522. This is 90.22% lower than that of the Consumer Cyclical sector and 95.29% lower than that of the Apparel Stores industry. The return on equity for all Brazil stocks is notably lower than that of the firm.
Ross Stores Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ross Stores's current stock value. Our valuation model uses many indicators to compare Ross Stores value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ross Stores competition to find correlations between indicators driving Ross Stores's intrinsic value. More Info.Ross Stores 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 0.25 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Ross Stores is roughly 3.96 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Ross Stores by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ross Stores' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Ross Stores Financial Statements
Ross Stores stakeholders use historical fundamental indicators, such as Ross Stores' revenue or net income, to determine how well the company is positioned to perform in the future. Although Ross Stores investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ross Stores' assets and liabilities are reflected in the revenues and expenses on Ross Stores' 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 Ross Stores. Please read more on our technical analysis and fundamental analysis pages.
Ross Stores, Inc., together with its subsidiaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dds DISCOUNTS brands. The company was founded in 1982 and is headquartered in Dublin, California. ROSS STORES operates under Apparel Stores classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 88100 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 Information and Resources on Investing in Ross Stock
When determining whether Ross Stores is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ross Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ross Stores Stock. Highlighted below are key reports to facilitate an investment decision about Ross Stores Stock:Check out the analysis of Ross Stores Correlation against competitors. For information on how to trade Ross Stock refer to our How to Trade Ross Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.