Asx Stock Return On Asset

ASX Stock   66.18  2.97  4.30%   
ASX fundamentals help investors to digest information that contributes to ASX's financial success or failures. It also enables traders to predict the movement of ASX Stock. The fundamental analysis module provides a way to measure ASX'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 ASX 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.

ASX Company Return On Asset Analysis

ASX'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 ASX Return On Asset

    
  0.0431  
Most of ASX'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, ASX 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

ASX Total Assets

Total Assets

17.73 Billion

At this time, ASX's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, ASX has a Return On Asset of 0.0431. This is 109.17% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The return on asset for all Australia stocks is 130.79% lower than that of the firm.

ASX Return On Asset Peer Comparison

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

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

ASX Fundamentals

About ASX Fundamental Analysis

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

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for ASX Stock Analysis

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