Spin Master Corp Stock Return On Asset

TOY Stock  CAD 31.88  0.33  1.05%   
Spin Master Corp fundamentals help investors to digest information that contributes to Spin Master's financial success or failures. It also enables traders to predict the movement of Spin Stock. The fundamental analysis module provides a way to measure Spin Master'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 Spin Master stock.
As of the 24th of November 2024, Return On Assets is likely to drop to 0.07.
  
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Spin Master Corp Company Return On Asset Analysis

Spin Master'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 Spin Master Return On Asset

    
  0.0459  
Most of Spin Master'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, Spin Master Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Spin Return On Asset Driver Correlations

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

Spin Total Assets

Total Assets

1.11 Billion

At this time, Spin Master's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Spin Master Corp has a Return On Asset of 0.0459. This is 95.79% lower than that of the Leisure Products sector and 85.19% lower than that of the Consumer Discretionary industry. The return on asset for all Canada stocks is 132.79% lower than that of the firm.

Spin Return On Asset Peer Comparison

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

Spin Master Current Valuation Drivers

We derive many important indicators used in calculating different scores of Spin Master from analyzing Spin Master's financial statements. These drivers represent accounts that assess Spin Master's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Spin Master's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap3.1B2.3B3.9B2.5B2.8B2.2B
Enterprise Value3.1B2.1B3.4B2.0B2.1B2.0B

Spin Fundamentals

About Spin Master Fundamental Analysis

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

Other Information on Investing in Spin Stock

Spin Master financial ratios help investors to determine whether Spin 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 Spin with respect to the benefits of owning Spin Master security.