Seneca Foods Corp Stock Return On Asset

SENEA Stock  USD 71.88  1.10  1.51%   
Seneca Foods Corp fundamentals help investors to digest information that contributes to Seneca Foods' financial success or failures. It also enables traders to predict the movement of Seneca Stock. The fundamental analysis module provides a way to measure Seneca Foods' 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 Seneca Foods stock.
As of November 25, 2024, Return On Assets is expected to decline to 0.02.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Seneca Foods Corp Company Return On Asset Analysis

Seneca Foods' 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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Seneca Foods Return On Asset

    
  0.0366  
Most of Seneca Foods' 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, Seneca Foods Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Seneca Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Seneca Foods is extremely important. It helps to project a fair market value of Seneca Stock properly, considering its historical fundamentals such as Return On Asset. Since Seneca Foods' 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 Seneca Foods' 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 Seneca Foods' interrelated accounts and indicators.
0.870.860.910.080.30.930.960.00.840.710.68-0.33-0.65-0.850.190.62-0.40.81-0.52-0.020.540.31-0.74
0.870.520.970.380.560.630.77-0.030.860.370.65-0.48-0.8-0.840.220.75-0.40.64-0.53-0.120.29-0.03-0.56
0.860.520.62-0.31-0.110.980.910.020.570.90.55-0.16-0.33-0.660.170.38-0.240.8-0.360.050.710.63-0.78
0.910.970.620.220.50.710.78-0.020.80.480.71-0.6-0.84-0.940.180.8-0.440.77-0.58-0.160.380.03-0.68
0.080.38-0.310.220.68-0.160.03-0.010.47-0.44-0.040.13-0.24-0.10.17-0.05-0.04-0.37-0.220.03-0.52-0.60.31
0.30.56-0.110.50.680.040.14-0.090.49-0.240.41-0.39-0.7-0.420.00.36-0.250.04-0.37-0.02-0.27-0.490.14
0.930.630.980.71-0.160.040.950.020.690.850.59-0.16-0.42-0.710.140.42-0.330.8-0.420.050.640.52-0.75
0.960.770.910.780.030.140.950.060.820.750.57-0.12-0.46-0.710.190.46-0.320.74-0.390.040.60.47-0.7
0.0-0.030.02-0.02-0.01-0.090.020.060.03-0.37-0.210.160.160.01-0.2-0.07-0.440.020.49-0.20.040.090.04
0.840.860.570.80.470.490.690.820.030.370.38-0.2-0.64-0.630.20.32-0.20.5-0.490.060.1-0.06-0.46
0.710.370.90.48-0.44-0.240.850.75-0.370.370.53-0.17-0.24-0.530.180.35-0.050.71-0.430.090.710.64-0.75
0.680.650.550.71-0.040.410.590.57-0.210.380.53-0.47-0.64-0.780.210.82-0.450.72-0.640.160.530.27-0.33
-0.33-0.48-0.16-0.60.13-0.39-0.16-0.120.16-0.2-0.17-0.470.840.65-0.02-0.670.13-0.520.450.14-0.040.270.47
-0.65-0.8-0.33-0.84-0.24-0.7-0.42-0.460.16-0.64-0.24-0.640.840.81-0.07-0.690.26-0.580.63-0.02-0.040.280.44
-0.85-0.84-0.66-0.94-0.1-0.42-0.71-0.710.01-0.63-0.53-0.780.650.81-0.17-0.80.44-0.780.650.1-0.45-0.120.67
0.190.220.170.180.170.00.140.19-0.20.20.180.21-0.02-0.07-0.170.150.480.14-0.39-0.160.020.01-0.04
0.620.750.380.8-0.050.360.420.46-0.070.320.350.82-0.67-0.69-0.80.15-0.510.72-0.41-0.260.530.14-0.5
-0.4-0.4-0.24-0.44-0.04-0.25-0.33-0.32-0.44-0.2-0.05-0.450.130.260.440.48-0.51-0.36-0.05-0.03-0.31-0.080.26
0.810.640.80.77-0.370.040.80.740.020.50.710.72-0.52-0.58-0.780.140.72-0.36-0.48-0.090.640.41-0.71
-0.52-0.53-0.36-0.58-0.22-0.37-0.42-0.390.49-0.49-0.43-0.640.450.630.65-0.39-0.41-0.05-0.48-0.28-0.010.180.25
-0.02-0.120.05-0.160.03-0.020.050.04-0.20.060.090.160.14-0.020.1-0.16-0.26-0.03-0.09-0.28-0.26-0.10.24
0.540.290.710.38-0.52-0.270.640.60.040.10.710.53-0.04-0.04-0.450.020.53-0.310.64-0.01-0.260.9-0.54
0.31-0.030.630.03-0.6-0.490.520.470.09-0.060.640.270.270.28-0.120.010.14-0.080.410.18-0.10.9-0.33
-0.74-0.56-0.78-0.680.310.14-0.75-0.70.04-0.46-0.75-0.330.470.440.67-0.04-0.50.26-0.710.250.24-0.54-0.33
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

Seneca Total Assets

Total Assets

1.48 Billion

At present, Seneca Foods' Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, Seneca Foods Corp has a Return On Asset of 0.0366. This is 22.0% higher than that of the Food Products sector and 101.58% lower than that of the Consumer Staples industry. The return on asset for all United States stocks is 126.14% lower than that of the firm.

Seneca Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Seneca Foods' 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 Seneca Foods could also be used in its relative valuation, which is a method of valuing Seneca Foods by comparing valuation metrics of similar companies.
Seneca Foods is currently under evaluation in return on asset category among its peers.

Seneca Foods 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, Seneca Foods' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Seneca Foods' managers, analysts, and investors.
Environmental
Governance
Social

Seneca Fundamentals

About Seneca Foods Fundamental Analysis

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

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.
When determining whether Seneca Foods Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seneca Foods' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Seneca Foods Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seneca Foods Corp Stock:
Check out Seneca Foods Piotroski F Score and Seneca Foods Altman Z Score analysis.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seneca Foods. If investors know Seneca will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seneca Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.42)
Earnings Share
5.96
Revenue Per Share
211.009
Quarterly Revenue Growth
0.044
Return On Assets
0.0366
The market value of Seneca Foods Corp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Seneca Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.