Eva Airways Corp Stock Return On Asset

2618 Stock  TWD 41.70  0.50  1.21%   
Eva Airways Corp fundamentals help investors to digest information that contributes to Eva Airways' financial success or failures. It also enables traders to predict the movement of Eva Stock. The fundamental analysis module provides a way to measure Eva Airways' 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 Eva Airways stock.
  
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Eva Airways Corp Company Return On Asset Analysis

Eva Airways' 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 Eva Airways Return On Asset

    
  0.0329  
Most of Eva Airways' 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, Eva Airways Corp 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, Eva Airways Corp has a Return On Asset of 0.0329. This is 106.45% lower than that of the Airlines sector and 99.22% lower than that of the Industrials industry. The return on asset for all Taiwan stocks is 123.5% lower than that of the firm.

Eva Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eva Airways' 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 Eva Airways could also be used in its relative valuation, which is a method of valuing Eva Airways by comparing valuation metrics of similar companies.
Eva Airways is currently under evaluation in return on asset category among its peers.

Eva Fundamentals

About Eva Airways Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eva Airways Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eva Airways using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eva Airways Corp 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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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 Eva Stock Analysis

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