Dogness International Corp Stock Return On Equity

DOGZ Stock  USD 47.97  3.36  7.53%   
Dogness International Corp fundamentals help investors to digest information that contributes to Dogness International's financial success or failures. It also enables traders to predict the movement of Dogness Stock. The fundamental analysis module provides a way to measure Dogness International'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 Dogness International stock.
Last ReportedProjected for Next Year
Return On Equity(0.08)(0.08)
Return On Equity is likely to rise to -0.08 in 2024.
  
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Dogness International Corp Company Return On Equity Analysis

Dogness International'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Dogness International Return On Equity

    
  -0.0793  
Most of Dogness International'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, Dogness International Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Dogness Return On Equity Driver Correlations

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

Dogness Total Stockholder Equity

Total Stockholder Equity

54.12 Million

At this time, Dogness International's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Dogness International Corp has a Return On Equity of -0.0793. This is 102.2% lower than that of the Textiles, Apparel & Luxury Goods sector and 87.0% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 74.42% lower than that of the firm.

Dogness Return On Equity Peer Comparison

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

Dogness International Current Valuation Drivers

We derive many important indicators used in calculating different scores of Dogness International from analyzing Dogness International's financial statements. These drivers represent accounts that assess Dogness International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Dogness International's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap278.9M426.1M385.1M155.1M182.8M173.7M
Enterprise Value284.3M432.5M376.6M169.1M194.6M373.9M

Dogness International ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dogness International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dogness International's managers, analysts, and investors.
Environmental
Governance
Social

Dogness Fundamentals

About Dogness International Fundamental Analysis

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

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