Suncast Solar Energy Stock Return On Asset

SUNC Stock  USD 0.0001  0.00  0.00%   
Suncast Solar Energy fundamentals help investors to digest information that contributes to Suncast Solar's financial success or failures. It also enables traders to predict the movement of Suncast Stock. The fundamental analysis module provides a way to measure Suncast Solar'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 Suncast Solar stock.
  
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Suncast Solar Energy Company Return On Asset Analysis

Suncast Solar'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 Suncast Solar Return On Asset

    
  -0.7  
Most of Suncast Solar'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, Suncast Solar Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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

Suncast Total Assets

Total Assets

1.07 Million

At present, Suncast Solar's Total Assets are projected to decrease significantly based on the last few years of reporting.
Based on the latest financial disclosure, Suncast Solar Energy has a Return On Asset of -0.6993. This is 37.12% higher than that of the Commercial Services & Supplies sector and 93.48% lower than that of the Industrials industry. The return on asset for all United States stocks is notably higher than that of the company.

Suncast Return On Asset Peer Comparison

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

Suncast Fundamentals

About Suncast Solar Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Suncast Solar Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Suncast Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Suncast Solar Energy 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.
When determining whether Suncast Solar Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Suncast Solar's 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 Suncast Solar Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Suncast Solar Energy Stock:
Check out Suncast Solar Piotroski F Score and Suncast Solar Altman Z Score analysis.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Environmental & Facilities Services 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 Suncast Solar. If investors know Suncast 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 Suncast Solar 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
(0.94)
Revenue Per Share
0.035
Quarterly Revenue Growth
(0.29)
Return On Assets
(0.70)
The market value of Suncast Solar Energy is measured differently than its book value, which is the value of Suncast that is recorded on the company's balance sheet. Investors also form their own opinion of Suncast Solar's value that differs from its market value or its book value, called intrinsic value, which is Suncast Solar's 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 Suncast Solar's market value can be influenced by many factors that don't directly affect Suncast Solar's 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 Suncast Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suncast Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suncast Solar's 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.