Airnet Technology Stock Return On Asset
| ANTE Stock | USD 0.49 0.02 4.26% |
Airnet Technology fundamentals help investors to digest information that contributes to Airnet Technology's financial success or failures. It also enables traders to predict the movement of Airnet Stock. The fundamental analysis module provides a way to measure Airnet Technology'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 Airnet Technology stock.
As of November 22, 2024, Return On Assets is expected to decline to -0.0084. Airnet | Return On Asset |
Airnet Technology Company Return On Asset Analysis
Airnet Technology'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 Airnet Technology Return On Asset | -0.0293 |
Most of Airnet Technology'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, Airnet Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Airnet Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Airnet Technology is extremely important. It helps to project a fair market value of Airnet Stock properly, considering its historical fundamentals such as Return On Asset. Since Airnet Technology'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 Airnet Technology'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 Airnet Technology'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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Airnet Total Assets
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Based on the latest financial disclosure, Airnet Technology has a Return On Asset of -0.0293. This is 100.71% lower than that of the Media sector and 103.15% lower than that of the Communication Services industry. The return on asset for all United States stocks is 79.07% lower than that of the firm.
Airnet Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Airnet Technology'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 Airnet Technology could also be used in its relative valuation, which is a method of valuing Airnet Technology by comparing valuation metrics of similar companies.Airnet Technology is currently under evaluation in return on asset category among its peers.
Airnet Technology Current Valuation Drivers
We derive many important indicators used in calculating different scores of Airnet Technology from analyzing Airnet Technology's financial statements. These drivers represent accounts that assess Airnet Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Airnet Technology's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 12.5M | 27.6M | 24.4M | 4.2M | 5.5M | 5.2M | |
| Enterprise Value | 15.7M | 38.1M | 38.1M | 15.5M | 5.3M | 5.0M |
Airnet Fundamentals
| Return On Equity | -16.31 | ||||
| Return On Asset | -0.0293 | ||||
| Profit Margin | 46.49 % | ||||
| Operating Margin | (11.98) % | ||||
| Current Valuation | 6.35 M | ||||
| Shares Outstanding | 14.31 M | ||||
| Shares Owned By Insiders | 1.40 % | ||||
| Shares Owned By Institutions | 2.03 % | ||||
| Number Of Shares Shorted | 173.25 K | ||||
| Price To Earning | 2.51 X | ||||
| Price To Book | 0.15 X | ||||
| Price To Sales | 14.07 X | ||||
| Revenue | 845 K | ||||
| Gross Profit | (3.1 M) | ||||
| EBITDA | 1.42 M | ||||
| Net Income | (574 K) | ||||
| Cash And Equivalents | 5.73 M | ||||
| Cash Per Share | 0.16 X | ||||
| Total Debt | 6 K | ||||
| Debt To Equity | 0.53 % | ||||
| Current Ratio | 0.72 X | ||||
| Book Value Per Share | 3.09 X | ||||
| Cash Flow From Operations | (1.73 M) | ||||
| Short Ratio | 0.32 X | ||||
| Earnings Per Share | 3.52 X | ||||
| Number Of Employees | 30 | ||||
| Beta | 1.35 | ||||
| Market Capitalization | 7.04 M | ||||
| Total Asset | 72.17 M | ||||
| Retained Earnings | (318.81 M) | ||||
| Working Capital | (54.5 M) | ||||
| Current Asset | 124 M | ||||
| Current Liabilities | 47.9 M | ||||
| Net Asset | 72.17 M |
About Airnet Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Airnet Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Airnet Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Airnet Technology 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.When determining whether Airnet Technology is a strong investment it is important to analyze Airnet Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Airnet Technology's future performance. For an informed investment choice regarding Airnet Stock, refer to the following important reports:Check out Airnet Technology Piotroski F Score and Airnet Technology Altman Z Score analysis. For information on how to trade Airnet Stock refer to our How to Trade Airnet Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Advertising 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 Airnet Technology. If investors know Airnet 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 Airnet Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.52 | Revenue Per Share 0.057 | Quarterly Revenue Growth (0.64) | Return On Assets (0.03) | Return On Equity (16.31) |
The market value of Airnet Technology is measured differently than its book value, which is the value of Airnet that is recorded on the company's balance sheet. Investors also form their own opinion of Airnet Technology's value that differs from its market value or its book value, called intrinsic value, which is Airnet Technology'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 Airnet Technology's market value can be influenced by many factors that don't directly affect Airnet Technology'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 Airnet Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Airnet Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airnet Technology'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.