Radiant Opto Electronics Corp Stock Return On Asset

6176 Stock  TWD 190.50  3.00  1.55%   
Radiant Opto Electronics Corp fundamentals help investors to digest information that contributes to Radiant Opto's financial success or failures. It also enables traders to predict the movement of Radiant Stock. The fundamental analysis module provides a way to measure Radiant Opto'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 Radiant Opto stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Radiant Opto Electronics Corp Company Return On Asset Analysis

Radiant Opto'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 Radiant Opto Return On Asset

    
  0.0731  
Most of Radiant Opto'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, Radiant Opto Electronics 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, Radiant Opto Electronics Corp has a Return On Asset of 0.0731. This is 102.53% lower than that of the Semiconductors & Semiconductor Equipment sector and 96.95% lower than that of the Information Technology industry. The return on asset for all Taiwan stocks is 152.21% lower than that of the firm.

Radiant Return On Asset Peer Comparison

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

Radiant Fundamentals

About Radiant Opto Fundamental Analysis

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

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