Pointsbet Holdings Limited Stock Return On Asset

PBTHF Stock  USD 0.59  0.04  6.35%   
PointsBet Holdings Limited fundamentals help investors to digest information that contributes to PointsBet Holdings' financial success or failures. It also enables traders to predict the movement of PointsBet OTC Stock. The fundamental analysis module provides a way to measure PointsBet Holdings' 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 PointsBet Holdings otc 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.

PointsBet Holdings Limited OTC Stock Return On Asset Analysis

PointsBet Holdings' 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 PointsBet Holdings Return On Asset

    
  -0.22  
Most of PointsBet Holdings' 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, PointsBet Holdings Limited 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, PointsBet Holdings Limited has a Return On Asset of -0.2218. This is 120.35% lower than that of the Consumer Cyclical sector and 98.73% lower than that of the Gambling industry. The return on asset for all United States stocks is 58.43% higher than that of the company.

PointsBet Return On Asset Peer Comparison

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

PointsBet Fundamentals

About PointsBet Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze PointsBet Holdings Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PointsBet Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PointsBet Holdings Limited based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 PointsBet OTC Stock

PointsBet Holdings financial ratios help investors to determine whether PointsBet OTC 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 PointsBet with respect to the benefits of owning PointsBet Holdings security.