Royce Micro Cap Stock Return On Asset
| RMT Stock | USD 10.33 0.15 1.47% |
Royce Micro Cap fundamentals help investors to digest information that contributes to Royce Micro's financial success or failures. It also enables traders to predict the movement of Royce Stock. The fundamental analysis module provides a way to measure Royce Micro'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 Royce Micro stock.
Return On Assets is likely to drop to 0.07 in 2024. Royce | Return On Asset |
Royce Micro Cap Company Return On Asset Analysis
Royce Micro's 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 Royce Micro Return On Asset | 4.0E-4 |
Most of Royce Micro's 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, Royce Micro Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Royce Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Royce Micro is extremely important. It helps to project a fair market value of Royce Stock properly, considering its historical fundamentals such as Return On Asset. Since Royce Micro'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 Royce Micro'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 Royce Micro's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
Royce Total Assets
Total Assets |
|
Based on the latest financial disclosure, Royce Micro Cap has a Return On Asset of 4.0E-4. This is 100.09% lower than that of the Capital Markets sector and 99.98% lower than that of the Financials industry. The return on asset for all United States stocks is 100.29% lower than that of the firm.
Royce Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royce Micro's 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 Royce Micro could also be used in its relative valuation, which is a method of valuing Royce Micro by comparing valuation metrics of similar companies.Royce Micro is currently under evaluation in return on asset category among its peers.
Royce Micro Current Valuation Drivers
We derive many important indicators used in calculating different scores of Royce Micro from analyzing Royce Micro's financial statements. These drivers represent accounts that assess Royce Micro's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Royce Micro's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 358.8M | 442.9M | 509.4M | 413.9M | 444.7M | 294.1M | |
| Enterprise Value | 380.8M | 464.9M | 531.4M | 424.9M | 446.6M | 316.8M |
Royce Micro ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Royce Micro's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Royce Micro's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Royce Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 4.0E-4 | ||||
| Profit Margin | 9.03 % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 517.92 M | ||||
| Shares Outstanding | 50.68 M | ||||
| Shares Owned By Insiders | 0.18 % | ||||
| Shares Owned By Institutions | 30.97 % | ||||
| Number Of Shares Shorted | 2.51 K | ||||
| Price To Earning | 3.27 X | ||||
| Price To Book | 0.96 X | ||||
| Price To Sales | 68.84 X | ||||
| Revenue | 8.26 M | ||||
| Gross Profit | 7.49 M | ||||
| EBITDA | 73.97 M | ||||
| Net Income | 72.89 M | ||||
| Cash And Equivalents | 126.64 K | ||||
| Total Debt | 2 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 1.36 X | ||||
| Book Value Per Share | 10.56 X | ||||
| Cash Flow From Operations | 27.36 M | ||||
| Short Ratio | 0.04 X | ||||
| Earnings Per Share | 1.27 X | ||||
| Beta | 1.32 | ||||
| Market Capitalization | 515.94 M | ||||
| Total Asset | 523.86 M | ||||
| Retained Earnings | 102 M | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 7.81 % | ||||
| Net Asset | 523.86 M | ||||
| Last Dividend Paid | 0.74 |
About Royce Micro Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Royce Micro Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royce Micro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royce Micro Cap 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.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Royce Stock Analysis
When running Royce Micro's price analysis, check to measure Royce Micro'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 Royce Micro is operating at the current time. Most of Royce Micro's value examination focuses on studying past and present price action to predict the probability of Royce Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royce Micro's price. Additionally, you may evaluate how the addition of Royce Micro to your portfolios can decrease your overall portfolio volatility.