Evolution Gaming Group Stock Return On Asset

EVVTY Stock  USD 89.92  0.77  0.86%   
Evolution Gaming Group fundamentals help investors to digest information that contributes to Evolution Gaming's financial success or failures. It also enables traders to predict the movement of Evolution Pink Sheet. The fundamental analysis module provides a way to measure Evolution Gaming'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 Evolution Gaming pink sheet.
  
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Evolution Gaming Group Company Return On Asset Analysis

Evolution Gaming'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Evolution Gaming Return On Asset

    
  0.14  
Most of Evolution Gaming'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, Evolution Gaming Group 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, Evolution Gaming Group has a Return On Asset of 0.1372. This is 87.41% lower than that of the Consumer Cyclical sector and 100.79% lower than that of the Gambling industry. The return on asset for all United States stocks is 198.0% lower than that of the firm.

Evolution Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evolution Gaming's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Evolution Gaming could also be used in its relative valuation, which is a method of valuing Evolution Gaming by comparing valuation metrics of similar companies.
Evolution Gaming is currently under evaluation in return on asset category among its peers.

Evolution Fundamentals

About Evolution Gaming Fundamental Analysis

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

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