Powerfleet, Stock Return On Asset

AIOT Stock   7.04  0.13  1.81%   
PowerFleet, fundamentals help investors to digest information that contributes to PowerFleet,'s financial success or failures. It also enables traders to predict the movement of PowerFleet, Stock. The fundamental analysis module provides a way to measure PowerFleet,'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 PowerFleet, stock.
Return On Assets is likely to drop to -0.03 in 2024.
  
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PowerFleet, Company Return On Asset Analysis

PowerFleet,'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

PowerFleet, Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for PowerFleet, is extremely important. It helps to project a fair market value of PowerFleet, Stock properly, considering its historical fundamentals such as Return On Asset. Since PowerFleet,'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 PowerFleet,'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 PowerFleet,'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.
Competition

PowerFleet, Total Assets

Total Assets

188.31 Million

At this time, PowerFleet,'s Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, PowerFleet, has a Return On Asset of 0.0. This is 100.0% lower than that of the Electronic Equipment, Instruments & Components sector and 100.0% lower than that of the Information Technology industry. The return on asset for all United States stocks is 100.0% lower than that of the firm.

PowerFleet, Return On Asset Peer Comparison

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

PowerFleet, Fundamentals

About PowerFleet, Fundamental Analysis

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

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