Probe Metals Stock Return On Asset

PROBF Stock  USD 2.66  0.01  0.37%   
Fundamental analysis of Probe Metals allows traders to better anticipate movements in Probe Metals' stock price by examining its financial health and performance throughout various phases of its business cycle.
  
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Probe Metals OTC Stock Return On Asset Analysis

Probe Metals' 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

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Current Probe Metals Return On Asset

    
  -0.61  
Most of Probe Metals' 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, Probe Metals 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, Probe Metals has a Return On Asset of -0.6099. This is 182.42% lower than that of the Metals & Mining sector and notably higher than that of the Materials industry. The return on asset for all United States stocks is notably higher than that of the company.

Probe Return On Asset Peer Comparison

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

Probe Fundamentals

About Probe Metals Fundamental Analysis

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

Probe Metals financial ratios help investors to determine whether Probe 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 Probe with respect to the benefits of owning Probe Metals security.