Cenntro Electric Group Stock Return On Equity
| CENN Stock | USD 1.25 0.02 1.63% |
Cenntro Electric Group fundamentals help investors to digest information that contributes to Cenntro Electric's financial success or failures. It also enables traders to predict the movement of Cenntro Stock. The fundamental analysis module provides a way to measure Cenntro Electric'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 Cenntro Electric stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.44) | (0.47) |
Cenntro | Return On Equity |
Cenntro Electric Group Company Return On Equity Analysis
Cenntro Electric's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Cenntro Electric Return On Equity | -0.35 |
Most of Cenntro Electric's fundamental indicators, such as Return On Equity, 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, Cenntro Electric Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cenntro Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Cenntro Electric is extremely important. It helps to project a fair market value of Cenntro Stock properly, considering its historical fundamentals such as Return On Equity. Since Cenntro Electric'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 Cenntro Electric'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 Cenntro Electric's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Cenntro Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Cenntro Electric Group has a Return On Equity of -0.3537. This is 109.82% lower than that of the Automobile Components sector and 96.6% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 14.1% higher than that of the company.
Cenntro Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cenntro Electric's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cenntro Electric could also be used in its relative valuation, which is a method of valuing Cenntro Electric by comparing valuation metrics of similar companies.Cenntro Electric is currently under evaluation in return on equity category among its peers.
Cenntro Electric Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cenntro Electric from analyzing Cenntro Electric's financial statements. These drivers represent accounts that assess Cenntro Electric's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cenntro Electric's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 203.9K | 2.0M | 244.0K | 115.9M | 43.8M | 46.0M | |
| Enterprise Value | (1.2M) | 15.1M | 18.6M | 28.0M | 45.5M | 47.7M |
Cenntro Fundamentals
| Return On Equity | -0.35 | ||||
| Return On Asset | -0.15 | ||||
| Profit Margin | (1.09) % | ||||
| Operating Margin | (0.62) % | ||||
| Current Valuation | 45.22 M | ||||
| Shares Outstanding | 30.87 M | ||||
| Shares Owned By Insiders | 28.27 % | ||||
| Shares Owned By Institutions | 2.00 % | ||||
| Number Of Shares Shorted | 582.79 K | ||||
| Price To Book | 0.40 X | ||||
| Price To Sales | 1.04 X | ||||
| Revenue | 22.08 M | ||||
| Gross Profit | 1.5 M | ||||
| EBITDA | (48.19 M) | ||||
| Net Income | (54.2 M) | ||||
| Cash And Equivalents | 182.97 M | ||||
| Cash Per Share | 0.70 X | ||||
| Total Debt | 31.04 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 13.94 X | ||||
| Book Value Per Share | 3.13 X | ||||
| Cash Flow From Operations | (58.46 M) | ||||
| Short Ratio | 8.66 X | ||||
| Earnings Per Share | (1.32) X | ||||
| Number Of Employees | 315 | ||||
| Beta | 2.56 | ||||
| Market Capitalization | 38.58 M | ||||
| Total Asset | 185.54 M | ||||
| Retained Earnings | (274.02 M) | ||||
| Working Capital | 132.76 M | ||||
| Net Asset | 185.54 M |
About Cenntro Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cenntro Electric Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cenntro Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cenntro Electric 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.
When determining whether Cenntro Electric offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cenntro Electric's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cenntro Electric Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cenntro Electric Group Stock: Check out Cenntro Electric Piotroski F Score and Cenntro Electric Altman Z Score analysis. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Automotive Parts & Equipment 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 Cenntro Electric. If investors know Cenntro 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 Cenntro Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.32) | Revenue Per Share 1.2 | Quarterly Revenue Growth 1.903 | Return On Assets (0.15) | Return On Equity (0.35) |
The market value of Cenntro Electric is measured differently than its book value, which is the value of Cenntro that is recorded on the company's balance sheet. Investors also form their own opinion of Cenntro Electric's value that differs from its market value or its book value, called intrinsic value, which is Cenntro Electric'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 Cenntro Electric's market value can be influenced by many factors that don't directly affect Cenntro Electric'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 Cenntro Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenntro Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenntro Electric'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.