Vodafone Return On Tangible Assets from 2010 to 2024

VOD Stock  USD 8.73  0.13  1.51%   
Vodafone Group's Return On Tangible Assets are decreasing over the years with very volatile fluctuation. Return On Tangible Assets are expected to dwindle to 0.01. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.01080589
Current Value
0.0103
Quarterly Volatility
0.06075728
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Vodafone Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vodafone Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8 B, Interest Expense of 2.9 B or Total Revenue of 31.5 B, as well as many indicators such as Price To Sales Ratio of 0.55, Dividend Yield of 0.12 or PTB Ratio of 0.33. Vodafone financial statements analysis is a perfect complement when working with Vodafone Group Valuation or Volatility modules.
  
Check out the analysis of Vodafone Group Correlation against competitors.

Latest Vodafone Group's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Vodafone Group PLC over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Vodafone Group's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Vodafone Group's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Vodafone Return On Tangible Assets Regression Statistics

Arithmetic Mean0.02
Coefficient Of Variation282.99
Mean Deviation0.05
Median0.01
Standard Deviation0.06
Sample Variance0
Range0.2166
R-Value(0.01)
Mean Square Error0
R-Squared0.0002
Significance0.96
Slope(0.0002)
Total Sum of Squares0.05

Vodafone Return On Tangible Assets History

2024 0.0103
2023 0.0108
2022 0.11
2021 0.0222
2020 5.81E-4
2019 -0.008059
2018 -0.044

About Vodafone Group Financial Statements

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

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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.
When determining whether Vodafone Group PLC is a strong investment it is important to analyze Vodafone Group'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 Vodafone Group's future performance. For an informed investment choice regarding Vodafone Stock, refer to the following important reports:
Check out the analysis of Vodafone Group Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Wireless Telecommunication Services 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 Vodafone Group. If investors know Vodafone 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 Vodafone Group 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
8.21
Dividend Share
0.068
Earnings Share
0.92
Revenue Per Share
6.88
Quarterly Revenue Growth
0.016
The market value of Vodafone Group PLC is measured differently than its book value, which is the value of Vodafone that is recorded on the company's balance sheet. Investors also form their own opinion of Vodafone Group's value that differs from its market value or its book value, called intrinsic value, which is Vodafone Group'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 Vodafone Group's market value can be influenced by many factors that don't directly affect Vodafone Group'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 Vodafone Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vodafone Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vodafone Group'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.