Readytech Holdings Stock Fundamentals
| RDY Stock | 2.95 0.05 1.72% |
Readytech Holdings fundamentals help investors to digest information that contributes to Readytech Holdings' financial success or failures. It also enables traders to predict the movement of Readytech Stock. The fundamental analysis module provides a way to measure Readytech 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 Readytech Holdings stock.
At this time, Readytech Holdings' Tax Provision is comparatively stable compared to the past year. Depreciation And Amortization is likely to gain to about 24 M in 2024, whereas Total Revenue is likely to drop slightly above 57.7 M in 2024. Readytech | Select Account or Indicator |
Readytech Holdings Company Return On Equity Analysis
Readytech Holdings' 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 Readytech Holdings Return On Equity | 0.0391 |
Most of Readytech Holdings' 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, Readytech Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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Readytech Total Stockholder Equity
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Based on the latest financial disclosure, Readytech Holdings has a Return On Equity of 0.0391. This is 100.33% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The return on equity for all Australia stocks is 112.61% lower than that of the firm.
Readytech Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Readytech Holdings's current stock value. Our valuation model uses many indicators to compare Readytech Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Readytech Holdings competition to find correlations between indicators driving Readytech Holdings's intrinsic value. More Info.Readytech Holdings 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 0.63 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Readytech Holdings is roughly 1.58 . 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 Readytech Holdings' earnings, one of the primary drivers of an investment's value.Readytech Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Readytech Holdings' 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 Readytech Holdings could also be used in its relative valuation, which is a method of valuing Readytech Holdings by comparing valuation metrics of similar companies.Readytech Holdings is currently under evaluation in return on equity category among its peers.
Readytech Fundamentals
| Return On Equity | 0.0391 | ||||
| Return On Asset | 0.0247 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 373.8 M | ||||
| Shares Outstanding | 120.21 M | ||||
| Shares Owned By Insiders | 17.82 % | ||||
| Shares Owned By Institutions | 47.72 % | ||||
| Price To Book | 2.31 X | ||||
| Price To Sales | 3.07 X | ||||
| Revenue | 113.8 M | ||||
| Gross Profit | 35.58 M | ||||
| EBITDA | 32.58 M | ||||
| Net Income | 5.46 M | ||||
| Total Debt | 47.06 M | ||||
| Book Value Per Share | 1.26 X | ||||
| Cash Flow From Operations | 31.59 M | ||||
| Earnings Per Share | 0.05 X | ||||
| Target Price | 4.08 | ||||
| Beta | 0.99 | ||||
| Market Capitalization | 349.8 M | ||||
| Total Asset | 261.43 M | ||||
| Retained Earnings | 17.9 M | ||||
| Working Capital | (21.44 M) | ||||
| Net Asset | 261.43 M |
About Readytech Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Readytech Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Readytech Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Readytech Holdings 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 | 23.6 M | 16.6 M | |
| Total Revenue | 113.8 M | 57.7 M | |
| Cost Of Revenue | 92.7 M | 97.3 M |
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Additional Tools for Readytech Stock Analysis
When running Readytech Holdings' price analysis, check to measure Readytech Holdings' 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 Readytech Holdings is operating at the current time. Most of Readytech Holdings' value examination focuses on studying past and present price action to predict the probability of Readytech Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Readytech Holdings' price. Additionally, you may evaluate how the addition of Readytech Holdings to your portfolios can decrease your overall portfolio volatility.