Teco Electric Machinery Stock Return On Asset

1504 Stock  TWD 52.10  0.10  0.19%   
TECO Electric Machinery fundamentals help investors to digest information that contributes to TECO Electric's financial success or failures. It also enables traders to predict the movement of TECO Stock. The fundamental analysis module provides a way to measure TECO Electric's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TECO Electric stock.
  
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TECO Electric Machinery Company Return On Asset Analysis

TECO Electric'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current TECO Electric Return On Asset

    
  0.0301  
Most of TECO Electric'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, TECO Electric Machinery 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, TECO Electric Machinery has a Return On Asset of 0.0301. This is 105.9% lower than that of the Electrical Equipment sector and 97.63% lower than that of the Industrials industry. The return on asset for all Taiwan stocks is 121.5% lower than that of the firm.

TECO Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TECO Electric's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TECO Electric could also be used in its relative valuation, which is a method of valuing TECO Electric by comparing valuation metrics of similar companies.
TECO Electric is currently under evaluation in return on asset category among its peers.

TECO Fundamentals

About TECO Electric Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze TECO Electric Machinery's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TECO Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TECO Electric Machinery based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for TECO Stock Analysis

When running TECO Electric's price analysis, check to measure TECO Electric'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 TECO Electric is operating at the current time. Most of TECO Electric's value examination focuses on studying past and present price action to predict the probability of TECO Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TECO Electric's price. Additionally, you may evaluate how the addition of TECO Electric to your portfolios can decrease your overall portfolio volatility.