Goodyear Indonesia Tbk Stock Return On Asset

GDYR Stock  IDR 1,490  15.00  1.00%   
Goodyear Indonesia Tbk fundamentals help investors to digest information that contributes to Goodyear Indonesia's financial success or failures. It also enables traders to predict the movement of Goodyear Stock. The fundamental analysis module provides a way to measure Goodyear Indonesia'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 Goodyear Indonesia stock.
  
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Goodyear Indonesia Tbk Company Return On Asset Analysis

Goodyear Indonesia'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 Goodyear Indonesia Return On Asset

    
  -0.0224  
Most of Goodyear Indonesia'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, Goodyear Indonesia Tbk 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, Goodyear Indonesia Tbk has a Return On Asset of -0.0224. This is 102.06% lower than that of the Auto Components sector and 102.87% lower than that of the Consumer Discretionary industry. The return on asset for all Indonesia stocks is 84.0% lower than that of the firm.

Goodyear Return On Asset Peer Comparison

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

Goodyear Fundamentals

About Goodyear Indonesia Fundamental Analysis

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

Goodyear Indonesia financial ratios help investors to determine whether Goodyear 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 Goodyear with respect to the benefits of owning Goodyear Indonesia security.