Environmental Waste International Stock Return On Asset
| EWS Stock | CAD 0.01 0.00 0.00% |
Environmental Waste International fundamentals help investors to digest information that contributes to Environmental Waste's financial success or failures. It also enables traders to predict the movement of Environmental Stock. The fundamental analysis module provides a way to measure Environmental Waste'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 Environmental Waste stock.
Return On Assets is likely to drop to -0.63 in 2024. Environmental | Return On Asset |
Environmental Waste International Company Return On Asset Analysis
Environmental Waste'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 Environmental Waste Return On Asset | -0.28 |
Most of Environmental Waste'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, Environmental Waste International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Environmental Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Environmental Waste is extremely important. It helps to project a fair market value of Environmental Stock properly, considering its historical fundamentals such as Return On Asset. Since Environmental Waste'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 Environmental Waste'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 Environmental Waste's interrelated accounts and indicators.
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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.
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Based on the latest financial disclosure, Environmental Waste International has a Return On Asset of -0.285. This is 44.12% lower than that of the Machinery sector and 89.96% lower than that of the Industrials industry. The return on asset for all Canada stocks is 103.57% higher than that of the company.
Environmental Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Environmental Waste's 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 Environmental Waste could also be used in its relative valuation, which is a method of valuing Environmental Waste by comparing valuation metrics of similar companies.Environmental Waste is currently under evaluation in return on asset category among its peers.
Environmental Waste Current Valuation Drivers
We derive many important indicators used in calculating different scores of Environmental Waste from analyzing Environmental Waste's financial statements. These drivers represent accounts that assess Environmental Waste's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Environmental Waste's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 11.0M | 54.1M | 27.9M | 7.9M | 2.8M | 2.7M | |
| Enterprise Value | 14.8M | 57.5M | 30.8M | 11.8M | 7.3M | 12.1M |
Environmental Fundamentals
| Return On Asset | -0.28 | ||||
| Current Valuation | 6.17 M | ||||
| Shares Outstanding | 330.7 M | ||||
| Shares Owned By Insiders | 11.36 % | ||||
| Number Of Shares Shorted | 883 | ||||
| Price To Earning | (4.09) X | ||||
| Price To Sales | 262.31 X | ||||
| Gross Profit | (631.94 K) | ||||
| EBITDA | (1.57 M) | ||||
| Net Income | (1.83 M) | ||||
| Cash And Equivalents | 507.9 K | ||||
| Total Debt | 4.51 M | ||||
| Debt To Equity | 7.08 % | ||||
| Current Ratio | 0.36 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (879.42 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 0.65 | ||||
| Beta | -0.23 | ||||
| Market Capitalization | 1.65 M | ||||
| Total Asset | 3.06 M | ||||
| Retained Earnings | (70.4 M) | ||||
| Working Capital | (4.52 M) | ||||
| Net Asset | 3.06 M |
About Environmental Waste Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Environmental Waste International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Environmental Waste using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Environmental Waste International 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 Environmental Stock Analysis
When running Environmental Waste's price analysis, check to measure Environmental Waste'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 Environmental Waste is operating at the current time. Most of Environmental Waste's value examination focuses on studying past and present price action to predict the probability of Environmental Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Environmental Waste's price. Additionally, you may evaluate how the addition of Environmental Waste to your portfolios can decrease your overall portfolio volatility.