Edp Renovveis Sa Stock Return On Asset

EDW Stock  EUR 11.15  0.01  0.09%   
EDP Renovveis SA fundamentals help investors to digest information that contributes to EDP Renováveis' financial success or failures. It also enables traders to predict the movement of EDP Stock. The fundamental analysis module provides a way to measure EDP Renováveis' 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 EDP Renováveis stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

EDP Renovveis SA Company Return On Asset Analysis

EDP Renováveis' 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 EDP Renováveis Return On Asset

    
  0.0194  
Most of EDP Renováveis' 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, EDP Renovveis SA 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, EDP Renovveis SA has a Return On Asset of 0.0194. This is 99.2% lower than that of the Utilities sector and 96.92% lower than that of the Utilities - Independent Power Producers industry. The return on asset for all Germany stocks is 113.86% lower than that of the firm.

EDP Return On Asset Peer Comparison

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

EDP Fundamentals

About EDP Renováveis Fundamental Analysis

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

EDP Renováveis financial ratios help investors to determine whether EDP 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 EDP with respect to the benefits of owning EDP Renováveis security.