Envitec Biogas Ag Stock Return On Asset

ETG Stock  EUR 31.00  0.40  1.31%   
EnviTec Biogas AG fundamentals help investors to digest information that contributes to EnviTec Biogas' financial success or failures. It also enables traders to predict the movement of EnviTec Stock. The fundamental analysis module provides a way to measure EnviTec Biogas' 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 EnviTec Biogas 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.

EnviTec Biogas AG Company Return On Asset Analysis

EnviTec Biogas' 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 EnviTec Biogas Return On Asset

    
  0.0801  
Most of EnviTec Biogas' 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, EnviTec Biogas AG 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, EnviTec Biogas AG has a Return On Asset of 0.0801. This is 96.72% lower than that of the Utilities sector and significantly higher than that of the Utilities—Renewable industry. The return on asset for all Germany stocks is 157.21% lower than that of the firm.

EnviTec Return On Asset Peer Comparison

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

EnviTec Fundamentals

About EnviTec Biogas Fundamental Analysis

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

Currently Active Assets on Macroaxis

Other Information on Investing in EnviTec Stock

EnviTec Biogas financial ratios help investors to determine whether EnviTec 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 EnviTec with respect to the benefits of owning EnviTec Biogas security.