Raytech Holding Limited Stock Fundamentals
| RAY Stock | 1.55 0.09 5.49% |
Raytech Holding Limited fundamentals help investors to digest information that contributes to Raytech Holding's financial success or failures. It also enables traders to predict the movement of Raytech Stock. The fundamental analysis module provides a way to measure Raytech Holding'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 Raytech Holding stock.
At this time, Raytech Holding's Total Operating Expenses is fairly stable compared to the past year. Income Before Tax is likely to rise to about 2.1 M in 2024, whereas Tax Provision is likely to drop slightly above 1.9 M in 2024. Raytech | Select Account or Indicator |
Raytech Holding Limited Company Return On Equity Analysis
Raytech Holding'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.
Current Raytech Holding Return On Equity | 0.38 |
Most of Raytech Holding'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, Raytech Holding Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Raytech Return On Equity Historical Pattern
Today, most investors in Raytech Holding Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Raytech Holding's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Raytech Holding return on equity as a starting point in their analysis.
Raytech Holding Return On Equity |
| Timeline |
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 |
Raytech Total Stockholder Equity
Total Stockholder Equity |
|
Based on the latest financial disclosure, Raytech Holding Limited has a Return On Equity of 0.3806. This is 85.58% lower than that of the Distributors sector and 97.41% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is notably lower than that of the firm.
Raytech Holding Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Raytech Holding's current stock value. Our valuation model uses many indicators to compare Raytech Holding value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Raytech Holding competition to find correlations between indicators driving Raytech Holding's intrinsic value. More Info.Raytech Holding Limited is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Raytech Holding Limited is roughly 2.44 . At this time, Raytech Holding's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Raytech Holding's earnings, one of the primary drivers of an investment's value.Raytech Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Raytech Holding'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 Raytech Holding could also be used in its relative valuation, which is a method of valuing Raytech Holding by comparing valuation metrics of similar companies.Raytech Holding is currently under evaluation in return on equity category among its peers.
Raytech Fundamentals
| Return On Equity | 0.38 | ||||
| Return On Asset | 0.16 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 24.19 M | ||||
| Shares Outstanding | 17.61 M | ||||
| Shares Owned By Insiders | 81.75 % | ||||
| Number Of Shares Shorted | 33.44 K | ||||
| Price To Book | 7.21 X | ||||
| Price To Sales | 0.41 X | ||||
| Revenue | 66.97 M | ||||
| EBITDA | 11.36 M | ||||
| Net Income | 9.94 M | ||||
| Total Debt | 27.04 M | ||||
| Book Value Per Share | 1.94 X | ||||
| Cash Flow From Operations | 2.01 M | ||||
| Short Ratio | 0.83 X | ||||
| Earnings Per Share | 0.07 X | ||||
| Market Capitalization | 27.3 M | ||||
| Total Asset | 58.11 M | ||||
| Retained Earnings | 30.98 M | ||||
| Working Capital | 25.81 M | ||||
| Net Asset | 58.11 M |
About Raytech Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Raytech Holding Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Raytech Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Raytech Holding Limited 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 128.8 K | 170.4 K | |
| Total Revenue | 67 M | 70.3 M | |
| Cost Of Revenue | 6.7 M | 7.8 M | |
| Sales General And Administrative To Revenue | 0.05 | 0.05 | |
| Revenue Per Share | 4.19 | 4.40 | |
| Ebit Per Revenue | 0.17 | 0.21 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Raytech Stock Analysis
When running Raytech Holding's price analysis, check to measure Raytech Holding'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 Raytech Holding is operating at the current time. Most of Raytech Holding's value examination focuses on studying past and present price action to predict the probability of Raytech Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytech Holding's price. Additionally, you may evaluate how the addition of Raytech Holding to your portfolios can decrease your overall portfolio volatility.