Carpartscom Stock Return On Equity

PRTS Stock  USD 1.07  0.05  4.46%   
CarPartsCom fundamentals help investors to digest information that contributes to CarPartsCom's financial success or failures. It also enables traders to predict the movement of CarPartsCom Stock. The fundamental analysis module provides a way to measure CarPartsCom'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 CarPartsCom stock.
Last ReportedProjected for Next Year
Return On Equity(0.01)(0.01)
Return On Equity is likely to drop to -0.01 in 2024.
  
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CarPartsCom Company Return On Equity Analysis

CarPartsCom's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current CarPartsCom Return On Equity

    
  -0.29  
Most of CarPartsCom's fundamental indicators, such as Return On Equity, 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, CarPartsCom is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CarPartsCom Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for CarPartsCom is extremely important. It helps to project a fair market value of CarPartsCom Stock properly, considering its historical fundamentals such as Return On Equity. Since CarPartsCom'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 CarPartsCom'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 CarPartsCom's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

CarPartsCom Total Stockholder Equity

Total Stockholder Equity

118.47 Million

At this time, CarPartsCom's Total Stockholder Equity is comparatively stable compared to the past year.
Based on the latest financial disclosure, CarPartsCom has a Return On Equity of -0.2911. This is 108.09% lower than that of the Specialty Retail sector and significantly lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 6.1% lower than that of the firm.

CarPartsCom Return On Equity Peer Comparison

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

CarPartsCom Fundamentals

About CarPartsCom Fundamental Analysis

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

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