Strattec Security Stock Return On Asset

STRT Stock  USD 41.51  0.48  1.17%   
Strattec Security fundamentals help investors to digest information that contributes to Strattec Security's financial success or failures. It also enables traders to predict the movement of Strattec Stock. The fundamental analysis module provides a way to measure Strattec Security'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 Strattec Security stock.
Return On Assets is likely to gain to 0.07 in 2024.
  
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Strattec Security Company Return On Asset Analysis

Strattec Security'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Strattec Security Return On Asset

    
  0.0307  
Most of Strattec Security'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, Strattec Security is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Strattec Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Strattec Security is extremely important. It helps to project a fair market value of Strattec Stock properly, considering its historical fundamentals such as Return On Asset. Since Strattec Security'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 Strattec Security'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 Strattec Security's interrelated accounts and indicators.
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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

Strattec Total Assets

Total Assets

204.98 Million

At this time, Strattec Security's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Strattec Security has a Return On Asset of 0.0307. This is 97.18% lower than that of the Automobile Components sector and 96.06% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 121.93% lower than that of the firm.

Strattec Return On Asset Peer Comparison

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

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

Strattec Fundamentals

About Strattec Security Fundamental Analysis

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

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Strattec Stock Analysis

When running Strattec Security's price analysis, check to measure Strattec Security'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 Strattec Security is operating at the current time. Most of Strattec Security's value examination focuses on studying past and present price action to predict the probability of Strattec Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strattec Security's price. Additionally, you may evaluate how the addition of Strattec Security to your portfolios can decrease your overall portfolio volatility.