Ero Copper Corp Etf Return On Asset
| ERO Etf | USD 13.68 0.25 1.86% |
Ero Copper Corp fundamentals help investors to digest information that contributes to Ero Copper's financial success or failures. It also enables traders to predict the movement of Ero Etf. The fundamental analysis module provides a way to measure Ero Copper'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 Ero Copper etf.
Ero |
Ero Copper Corp ETF Return On Asset Analysis
Ero Copper'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.
Current Ero Copper Return On Asset | 0.0401 |
Most of Ero Copper'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, Ero Copper Corp 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, Ero Copper Corp has a Return On Asset of 0.0401. This is much higher than that of the Metals & Mining family and significantly higher than that of the Materials category. The return on asset for all United States etfs is notably lower than that of the firm.
Ero Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ero Copper's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Ero Copper could also be used in its relative valuation, which is a method of valuing Ero Copper by comparing valuation metrics of similar companies.Ero Copper is currently under evaluation in return on asset as compared to similar ETFs.
Ero Fundamentals
| Return On Equity | 0.0269 | ||||
| Return On Asset | 0.0401 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 1.9 B | ||||
| Shares Outstanding | 103.3 M | ||||
| Shares Owned By Insiders | 10.32 % | ||||
| Shares Owned By Institutions | 76.96 % | ||||
| Number Of Shares Shorted | 3.11 M | ||||
| Price To Earning | 5.76 X | ||||
| Price To Book | 1.91 X | ||||
| Price To Sales | 3.00 X | ||||
| Revenue | 427.48 M | ||||
| Gross Profit | 170.03 M | ||||
| EBITDA | 222.62 M | ||||
| Net Income | 94.51 M | ||||
| Cash And Equivalents | 119.05 M | ||||
| Cash Per Share | 1.33 X | ||||
| Total Debt | 445.84 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 1.77 X | ||||
| Book Value Per Share | 6.89 X | ||||
| Cash Flow From Operations | 163.1 M | ||||
| Short Ratio | 8.41 X | ||||
| Earnings Per Share | 0.19 X | ||||
| Target Price | 19.0 | ||||
| Number Of Employees | 3.37 K | ||||
| Beta | 1.96 | ||||
| Market Capitalization | 1.39 B | ||||
| Total Asset | 1.51 B | ||||
| Retained Earnings | 549.53 M | ||||
| Working Capital | 25.69 M | ||||
| One Year Return | 9.19 % | ||||
| Three Year Return | 2.40 % | ||||
| Five Year Return | (2.08) % | ||||
| Ten Year Return | (2.85) % | ||||
| Net Asset | 1.51 B |
About Ero Copper Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ero Copper Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ero Copper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ero Copper Corp based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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 Ero Etf
Ero Copper financial ratios help investors to determine whether Ero Etf 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 Ero with respect to the benefits of owning Ero Copper security.