Codemill Ab Stock Return On Asset

CDMIL Stock   14.50  0.50  3.33%   
CodeMill AB fundamentals help investors to digest information that contributes to CodeMill's financial success or failures. It also enables traders to predict the movement of CodeMill Stock. The fundamental analysis module provides a way to measure CodeMill'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 CodeMill stock.
  
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CodeMill AB Company Return On Asset Analysis

CodeMill'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

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Current CodeMill Return On Asset

    
  -0.12  
Most of CodeMill'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, CodeMill AB 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
Based on the latest financial disclosure, CodeMill AB has a Return On Asset of -0.1231. This is much lower than that of the sector and significantly lower than that of the Software-Application industry. The return on asset for all Sweden stocks is notably higher than that of the company.

CodeMill Return On Asset Peer Comparison

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

CodeMill Fundamentals

About CodeMill Fundamental Analysis

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

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