Coveo Solutions Stock Return On Asset

CVO Stock   6.45  0.14  2.22%   
Coveo Solutions fundamentals help investors to digest information that contributes to Coveo Solutions' financial success or failures. It also enables traders to predict the movement of Coveo Stock. The fundamental analysis module provides a way to measure Coveo Solutions' 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 Coveo Solutions stock.
As of the 31st of January 2025, Return On Assets is likely to drop to -0.08.
  
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Coveo Solutions Company Return On Asset Analysis

Coveo Solutions' 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 Coveo Solutions Return On Asset

    
  -0.061  
Most of Coveo Solutions' 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, Coveo Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Coveo Return On Asset Driver Correlations

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

Coveo Total Assets

Total Assets

285.91 Million

At this time, Coveo Solutions' Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Coveo Solutions has a Return On Asset of -0.061. This is 97.89% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on asset for all Canada stocks is 56.43% lower than that of the firm.

Coveo Return On Asset Peer Comparison

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

Coveo Solutions Current Valuation Drivers

We derive many important indicators used in calculating different scores of Coveo Solutions from analyzing Coveo Solutions' financial statements. These drivers represent accounts that assess Coveo Solutions' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Coveo Solutions' important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap1.3B810.9M603.0M766.2M881.1M1.1B
Enterprise Value1.3B600.9M415.4M608.6M699.9M890.7M

Coveo Fundamentals

About Coveo Solutions Fundamental Analysis

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

Other Information on Investing in Coveo Stock

Coveo Solutions financial ratios help investors to determine whether Coveo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Coveo with respect to the benefits of owning Coveo Solutions security.