Readytech Holdings Stock Return On Asset
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.
Readytech |
Readytech Holdings Company Return On Asset Analysis
Readytech 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.
Current Readytech Holdings Return On Asset | 0.0247 |
Most of Readytech 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, Readytech Holdings 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.
CompetitionBased on the latest financial disclosure, Readytech Holdings has a Return On Asset of 0.0247. This is 100.85% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The return on asset for all Australia stocks is 117.64% lower than that of the firm.
Readytech Return On Asset 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 Asset 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 asset 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 | ||||
| Number Of Employees | 14 | ||||
| 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.
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Other Tools for Readytech Stock
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.
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