Shape Robotics As Stock Return On Equity
| SHAPE Stock | DKK 23.80 0.90 3.64% |
Shape Robotics AS fundamentals help investors to digest information that contributes to Shape Robotics' financial success or failures. It also enables traders to predict the movement of Shape Stock. The fundamental analysis module provides a way to measure Shape Robotics' 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 Shape Robotics stock.
Shape |
Shape Robotics AS Company Return On Equity Analysis
Shape Robotics' 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 Shape Robotics Return On Equity | -1.05 |
Most of Shape Robotics' 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, Shape Robotics AS 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.
| Competition |
Based on the latest financial disclosure, Shape Robotics AS has a Return On Equity of -1.0546. This is 91.23% lower than that of the Technology sector and significantly lower than that of the Software—Application industry. The return on equity for all Denmark stocks is notably higher than that of the company.
Shape Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Shape Robotics' 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 Shape Robotics could also be used in its relative valuation, which is a method of valuing Shape Robotics by comparing valuation metrics of similar companies.Shape Robotics is rated second in return on equity category among its peers.
Shape Fundamentals
| Return On Equity | -1.05 | |||
| Return On Asset | -0.13 | |||
| Profit Margin | (0.30) % | |||
| Operating Margin | (0.23) % | |||
| Current Valuation | 330.07 M | |||
| Shares Outstanding | 10.43 M | |||
| Shares Owned By Insiders | 46.00 % | |||
| Shares Owned By Institutions | 4.26 % | |||
| Price To Book | 37.94 X | |||
| Price To Sales | 5.67 X | |||
| Revenue | 18.23 M | |||
| Gross Profit | (2.06 M) | |||
| EBITDA | (15.05 M) | |||
| Net Income | (16.32 M) | |||
| Cash And Equivalents | 4.29 M | |||
| Cash Per Share | 0.65 X | |||
| Total Debt | 47 K | |||
| Current Ratio | 6.71 X | |||
| Book Value Per Share | 0.99 X | |||
| Cash Flow From Operations | (14.93 M) | |||
| Earnings Per Share | (2.04) X | |||
| Number Of Employees | 22 | |||
| Beta | 1.29 | |||
| Market Capitalization | 233.71 M | |||
| Total Asset | 26.05 M | |||
| Net Asset | 26.05 M |
About Shape Robotics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Shape Robotics AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shape Robotics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shape Robotics AS 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.
Pair Trading with Shape Robotics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Shape Robotics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Shape Robotics will appreciate offsetting losses from the drop in the long position's value.Moving together with Shape Stock
Moving against Shape Stock
The ability to find closely correlated positions to Shape Robotics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Shape Robotics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Shape Robotics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Shape Robotics AS to buy it.
The correlation of Shape Robotics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Shape Robotics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Shape Robotics AS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Shape Robotics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Shape Stock
Shape Robotics financial ratios help investors to determine whether Shape Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Shape with respect to the benefits of owning Shape Robotics security.