Alpha Technology Group Stock Return On Asset
| ATGL Stock | 12.16 0.45 3.84% |
Alpha Technology Group fundamentals help investors to digest information that contributes to Alpha Technology's financial success or failures. It also enables traders to predict the movement of Alpha Stock. The fundamental analysis module provides a way to measure Alpha 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 Alpha Technology stock.
The value of Return On Assets is estimated to slide to -0.16. Alpha | Return On Asset |
Alpha Technology Group Company Return On Asset Analysis
Alpha 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 Alpha Technology Return On Asset | -0.1 |
Most of Alpha 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, Alpha Technology Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Alpha Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Alpha Technology is extremely important. It helps to project a fair market value of Alpha Stock properly, considering its historical fundamentals such as Return On Asset. Since Alpha 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 Alpha 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 Alpha 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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Alpha Total Assets
Total Assets |
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Based on the latest financial disclosure, Alpha Technology Group has a Return On Asset of -0.1027. This is 96.45% lower than that of the IT Services sector and notably lower than that of the Information Technology industry. The return on asset for all United States stocks is 26.64% lower than that of the firm.
Alpha Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alpha 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 Alpha Technology could also be used in its relative valuation, which is a method of valuing Alpha Technology by comparing valuation metrics of similar companies.Alpha Technology is currently under evaluation in return on asset category among its peers.
Alpha Fundamentals
| Return On Equity | -0.25 | ||||
| Return On Asset | -0.1 | ||||
| Profit Margin | (1.05) % | ||||
| Operating Margin | (0.70) % | ||||
| Current Valuation | 187.33 M | ||||
| Shares Outstanding | 16.46 M | ||||
| Shares Owned By Insiders | 66.72 % | ||||
| Shares Owned By Institutions | 0.05 % | ||||
| Number Of Shares Shorted | 155.06 K | ||||
| Price To Book | 28.79 X | ||||
| Price To Sales | 21.02 X | ||||
| Revenue | 8.69 M | ||||
| EBITDA | (5.73 M) | ||||
| Net Income | (6.83 M) | ||||
| Total Debt | 1.73 M | ||||
| Book Value Per Share | 3.42 X | ||||
| Cash Flow From Operations | 4.3 M | ||||
| Short Ratio | 0.30 X | ||||
| Earnings Per Share | (0.08) X | ||||
| Number Of Employees | 23 | ||||
| Market Capitalization | 192.78 M | ||||
| Total Asset | 40.53 M | ||||
| Retained Earnings | (6.99 M) | ||||
| Working Capital | 5.43 M | ||||
| Net Asset | 40.53 M |
About Alpha Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alpha Technology Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alpha Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alpha Technology Group 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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Is IT Consulting & Other Services 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 Alpha Technology. If investors know Alpha 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 Alpha 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 (0.08) | Revenue Per Share 0.448 | Quarterly Revenue Growth 0.087 | Return On Assets (0.10) | Return On Equity (0.25) |
The market value of Alpha Technology is measured differently than its book value, which is the value of Alpha that is recorded on the company's balance sheet. Investors also form their own opinion of Alpha Technology's value that differs from its market value or its book value, called intrinsic value, which is Alpha 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 Alpha Technology's market value can be influenced by many factors that don't directly affect Alpha 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 Alpha Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alpha Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alpha 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.