Truecar Stock Return On Equity
| TRUE Stock | USD 4.35 0.13 3.08% |
TrueCar fundamentals help investors to digest information that contributes to TrueCar's financial success or failures. It also enables traders to predict the movement of TrueCar Stock. The fundamental analysis module provides a way to measure TrueCar'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 TrueCar stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.31) | (0.33) |
TrueCar | Return On Equity |
TrueCar Company Return On Equity Analysis
TrueCar'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 TrueCar Return On Equity | -0.19 |
Most of TrueCar'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, TrueCar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
TrueCar Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for TrueCar is extremely important. It helps to project a fair market value of TrueCar Stock properly, considering its historical fundamentals such as Return On Equity. Since TrueCar'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 TrueCar'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 TrueCar'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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TrueCar Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, TrueCar has a Return On Equity of -0.1883. This is 101.81% lower than that of the Interactive Media & Services sector and significantly lower than that of the Communication Services industry. The return on equity for all United States stocks is 39.26% lower than that of the firm.
TrueCar Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TrueCar'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 TrueCar could also be used in its relative valuation, which is a method of valuing TrueCar by comparing valuation metrics of similar companies.TrueCar is currently under evaluation in return on equity category among its peers.
TrueCar 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, TrueCar's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TrueCar's managers, analysts, and investors.Environmental | Governance | Social |
TrueCar Fundamentals
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.0622 | ||||
| Profit Margin | (0.16) % | ||||
| Operating Margin | (0.16) % | ||||
| Current Valuation | 275.31 M | ||||
| Shares Outstanding | 86.96 M | ||||
| Shares Owned By Insiders | 10.19 % | ||||
| Shares Owned By Institutions | 81.33 % | ||||
| Number Of Shares Shorted | 972 K | ||||
| Price To Earning | 3.49 X | ||||
| Price To Book | 2.96 X | ||||
| Price To Sales | 2.22 X | ||||
| Revenue | 158.71 M | ||||
| Gross Profit | 145.32 M | ||||
| EBITDA | (35.79 M) | ||||
| Net Income | (49.77 M) | ||||
| Cash And Equivalents | 199.68 M | ||||
| Cash Per Share | 2.20 X | ||||
| Total Debt | 14.41 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 7.20 X | ||||
| Book Value Per Share | 1.45 X | ||||
| Cash Flow From Operations | (22.41 M) | ||||
| Short Ratio | 2.76 X | ||||
| Earnings Per Share | (0.29) X | ||||
| Price To Earnings To Growth | 14.22 X | ||||
| Target Price | 4.75 | ||||
| Number Of Employees | 324 | ||||
| Beta | 1.83 | ||||
| Market Capitalization | 378.27 M | ||||
| Total Asset | 204.32 M | ||||
| Retained Earnings | (562.3 M) | ||||
| Working Capital | 134.1 M | ||||
| Current Asset | 152.96 M | ||||
| Current Liabilities | 39.1 M | ||||
| Net Asset | 204.32 M |
About TrueCar Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TrueCar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TrueCar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TrueCar 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.
Also Currently Popular
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 TrueCar is a strong investment it is important to analyze TrueCar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TrueCar's future performance. For an informed investment choice regarding TrueCar Stock, refer to the following important reports:Check out TrueCar Piotroski F Score and TrueCar Altman Z Score analysis. For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Interactive Media & 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 TrueCar. If investors know TrueCar 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 TrueCar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 1.874 | Quarterly Revenue Growth 0.131 | Return On Assets (0.06) | Return On Equity (0.19) |
The market value of TrueCar is measured differently than its book value, which is the value of TrueCar that is recorded on the company's balance sheet. Investors also form their own opinion of TrueCar's value that differs from its market value or its book value, called intrinsic value, which is TrueCar'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 TrueCar's market value can be influenced by many factors that don't directly affect TrueCar'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 TrueCar's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueCar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueCar'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.