Smith Ao Stock Return On Asset

AOS Stock  USD 72.97  1.22  1.70%   
Smith AO fundamentals help investors to digest information that contributes to Smith AO's financial success or failures. It also enables traders to predict the movement of Smith Stock. The fundamental analysis module provides a way to measure Smith AO'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 Smith AO stock.
Return On Assets is likely to gain to 0.18 in 2024.
  
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Smith AO Company Return On Asset Analysis

Smith AO'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 Smith AO Return On Asset

    
  0.14  
Most of Smith AO'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, Smith AO is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Smith Return On Asset Driver Correlations

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

Smith Total Assets

Total Assets

1.87 Billion

At this time, Smith AO's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Smith AO has a Return On Asset of 0.1434. This is 128.12% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The return on asset for all United States stocks is notably lower than that of the firm.

Smith Return On Asset Peer Comparison

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

Smith AO Current Valuation Drivers

We derive many important indicators used in calculating different scores of Smith AO from analyzing Smith AO's financial statements. These drivers represent accounts that assess Smith AO's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Smith AO's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap7.9B8.9B13.7B8.9B12.4B13.0B
Enterprise Value7.8B8.4B13.5B8.8B12.2B12.8B

Smith AO 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, Smith AO's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Smith AO's managers, analysts, and investors.
Environmental
Governance
Social

Smith Fundamentals

About Smith AO Fundamental Analysis

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

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Smith Stock Analysis

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