Euro Tech Holdings Stock Return On Asset

CLWT Stock  USD 1.44  0.02  1.41%   
Euro Tech Holdings fundamentals help investors to digest information that contributes to Euro Tech's financial success or failures. It also enables traders to predict the movement of Euro Stock. The fundamental analysis module provides a way to measure Euro Tech'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 Euro Tech stock.
Return On Assets is likely to gain to 0.09 in 2024.
  
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Euro Tech Holdings Company Return On Asset Analysis

Euro Tech'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 Euro Tech Return On Asset

    
  -0.0073  
Most of Euro Tech'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, Euro Tech Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Euro Return On Asset Driver Correlations

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

Euro Total Assets

Total Assets

20.85 Million

At this time, Euro Tech's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Euro Tech Holdings has a Return On Asset of -0.0073. This is 98.57% lower than that of the Trading Companies & Distributors sector and 99.74% lower than that of the Industrials industry. The return on asset for all United States stocks is 94.79% lower than that of the firm.

Euro Return On Asset Peer Comparison

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

Euro Tech Current Valuation Drivers

We derive many important indicators used in calculating different scores of Euro Tech from analyzing Euro Tech's financial statements. These drivers represent accounts that assess Euro Tech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Euro Tech's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap5.8M11.1M16.5M11.1M12.4M14.3M
Enterprise Value772.5K8.1M11.8M5.9M7.4M9.1M

Euro Fundamentals

About Euro Tech Fundamental Analysis

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

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Additional Tools for Euro Stock Analysis

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