Soundhound Ai Stock Return On Equity
SOUNW Stock | USD 3.10 0.40 14.81% |
SoundHound AI fundamentals help investors to digest information that contributes to SoundHound's financial success or failures. It also enables traders to predict the movement of SoundHound Stock. The fundamental analysis module provides a way to measure SoundHound'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 SoundHound stock.
Last Reported | Projected for Next Year | ||
Return On Equity | (3.16) | (3.00) |
SoundHound | Return On Equity |
SoundHound AI Company Return On Equity Analysis
SoundHound's 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 SoundHound Return On Equity | -0.68 |
Most of SoundHound's 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, SoundHound AI is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SoundHound Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for SoundHound is extremely important. It helps to project a fair market value of SoundHound Stock properly, considering its historical fundamentals such as Return On Equity. Since SoundHound'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 SoundHound'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 SoundHound's interrelated accounts and indicators.
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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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SoundHound Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, SoundHound AI has a Return On Equity of -0.6839. This is 94.32% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is 120.61% higher than that of the company.
SoundHound Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SoundHound's 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 SoundHound could also be used in its relative valuation, which is a method of valuing SoundHound by comparing valuation metrics of similar companies.SoundHound is currently under evaluation in return on equity category among its peers.
SoundHound 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, SoundHound's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to SoundHound's managers, analysts, and investors.Environmental | Governance | Social |
SoundHound Fundamentals
Return On Equity | -0.68 | ||||
Return On Asset | -0.18 | ||||
Profit Margin | (1.64) % | ||||
Operating Margin | (1.40) % | ||||
Number Of Shares Shorted | 4.71 K | ||||
Revenue | 45.87 M | ||||
EBITDA | (65.14 M) | ||||
Net Income | (88.94 M) | ||||
Cash And Equivalents | 21.63 M | ||||
Cash Per Share | 1.76 X | ||||
Total Debt | 90.16 M | ||||
Current Ratio | 0.31 X | ||||
Book Value Per Share | 0.80 X | ||||
Cash Flow From Operations | (68.27 M) | ||||
Earnings Per Share | (6.57) X | ||||
Number Of Employees | 260 | ||||
Beta | 3.04 | ||||
Total Asset | 151.12 M | ||||
Retained Earnings | (592.38 M) | ||||
Working Capital | 89.32 M | ||||
Net Asset | 151.12 M |
About SoundHound Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SoundHound AI's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SoundHound using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SoundHound AI 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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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.Additional Tools for SoundHound Stock Analysis
When running SoundHound's price analysis, check to measure SoundHound'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 SoundHound is operating at the current time. Most of SoundHound's value examination focuses on studying past and present price action to predict the probability of SoundHound's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SoundHound's price. Additionally, you may evaluate how the addition of SoundHound to your portfolios can decrease your overall portfolio volatility.