Adtran Inc Stock Return On Asset
| ADTN Stock | USD 8.62 0.46 5.64% |
ADTRAN Inc fundamentals help investors to digest information that contributes to ADTRAN's financial success or failures. It also enables traders to predict the movement of ADTRAN Stock. The fundamental analysis module provides a way to measure ADTRAN'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 ADTRAN stock.
As of the 25th of November 2024, Return On Assets is likely to grow to -0.15. ADTRAN | Return On Asset |
ADTRAN Inc Company Return On Asset Analysis
ADTRAN'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.
Current ADTRAN Return On Asset | -0.0465 |
Most of ADTRAN'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, ADTRAN Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ADTRAN Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for ADTRAN is extremely important. It helps to project a fair market value of ADTRAN Stock properly, considering its historical fundamentals such as Return On Asset. Since ADTRAN's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ADTRAN's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ADTRAN's interrelated accounts and indicators.
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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.
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ADTRAN Total Assets
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Based on the latest financial disclosure, ADTRAN Inc has a Return On Asset of -0.0465. This is 98.39% lower than that of the Communications Equipment sector and 96.86% lower than that of the Information Technology industry. The return on asset for all United States stocks is 66.79% lower than that of the firm.
ADTRAN Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ADTRAN'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 ADTRAN could also be used in its relative valuation, which is a method of valuing ADTRAN by comparing valuation metrics of similar companies.ADTRAN is currently under evaluation in return on asset category among its peers.
ADTRAN ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ADTRAN's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ADTRAN's managers, analysts, and investors.Environmental | Governance | Social |
ADTRAN Fundamentals
| Return On Equity | -0.58 | ||||
| Return On Asset | -0.0465 | ||||
| Profit Margin | (0.57) % | ||||
| Operating Margin | (0.08) % | ||||
| Current Valuation | 810.65 M | ||||
| Shares Outstanding | 79.31 M | ||||
| Shares Owned By Insiders | 1.48 % | ||||
| Shares Owned By Institutions | 86.19 % | ||||
| Number Of Shares Shorted | 2.1 M | ||||
| Price To Earning | 405.00 X | ||||
| Price To Book | 3.19 X | ||||
| Price To Sales | 0.76 X | ||||
| Revenue | 1.15 B | ||||
| Gross Profit | 327.26 M | ||||
| EBITDA | (96.06 M) | ||||
| Net Income | (267.69 M) | ||||
| Cash And Equivalents | 111.9 M | ||||
| Cash Per Share | 1.53 X | ||||
| Total Debt | 226.42 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 1.67 X | ||||
| Book Value Per Share | 2.71 X | ||||
| Cash Flow From Operations | (45.6 M) | ||||
| Short Ratio | 5.38 X | ||||
| Earnings Per Share | (6.51) X | ||||
| Price To Earnings To Growth | 11.04 X | ||||
| Target Price | 9.8 | ||||
| Number Of Employees | 3.3 K | ||||
| Beta | 1.2 | ||||
| Market Capitalization | 683.62 M | ||||
| Total Asset | 1.68 B | ||||
| Retained Earnings | (243.91 M) | ||||
| Working Capital | 457.35 M | ||||
| Current Asset | 235.56 M | ||||
| Current Liabilities | 32.05 M | ||||
| Five Year Return | 2.52 % | ||||
| Net Asset | 1.68 B |
About ADTRAN Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ADTRAN Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ADTRAN using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ADTRAN Inc 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.
Pair Trading with ADTRAN
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ADTRAN position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ADTRAN will appreciate offsetting losses from the drop in the long position's value.Moving together with ADTRAN Stock
| 0.85 | EHGO | Eshallgo Class A Downward Rally | PairCorr |
| 0.87 | CSCO | Cisco Systems Aggressive Push | PairCorr |
Moving against ADTRAN Stock
| 0.83 | ACLS | Axcelis Technologies | PairCorr |
| 0.78 | CDW | CDW Corp | PairCorr |
| 0.75 | TER | Teradyne | PairCorr |
| 0.69 | KLAC | KLA Tencor | PairCorr |
| 0.67 | VECO | Veeco Instruments | PairCorr |
The ability to find closely correlated positions to ADTRAN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ADTRAN when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ADTRAN - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ADTRAN Inc to buy it.
The correlation of ADTRAN is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ADTRAN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ADTRAN Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ADTRAN can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out ADTRAN Piotroski F Score and ADTRAN Altman Z Score analysis. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Communications Equipment 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 ADTRAN. If investors know ADTRAN 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 ADTRAN 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 (0.60) | Earnings Share (6.51) | Revenue Per Share 11.491 | Quarterly Revenue Growth (0.16) | Return On Assets (0.05) |
The market value of ADTRAN Inc is measured differently than its book value, which is the value of ADTRAN that is recorded on the company's balance sheet. Investors also form their own opinion of ADTRAN's value that differs from its market value or its book value, called intrinsic value, which is ADTRAN'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 ADTRAN's market value can be influenced by many factors that don't directly affect ADTRAN'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 ADTRAN's value and its price as these two are different measures arrived at by different means. Investors typically determine if ADTRAN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ADTRAN'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.