Umax Group Corp Stock Return On Asset

UMAX Stock  USD 0.0001  0.00  0.00%   
UMAX Group Corp fundamentals help investors to digest information that contributes to UMAX Group's financial success or failures. It also enables traders to predict the movement of UMAX Stock. The fundamental analysis module provides a way to measure UMAX Group'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 UMAX Group stock.
Return On Assets is likely to rise to -0.22 in 2024.
  
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UMAX Group Corp Company Return On Asset Analysis

UMAX Group'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 UMAX Group Return On Asset

    
  -0.98  
Most of UMAX Group'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, UMAX Group Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

UMAX Return On Asset Driver Correlations

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

UMAX Total Assets

Total Assets

23,363.11

At this time, UMAX Group's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, UMAX Group Corp has a Return On Asset of -0.9755. This is 107.55% higher than that of the Leisure Products sector and significantly lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is notably higher than that of the company.

UMAX Return On Asset Peer Comparison

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

UMAX Fundamentals

About UMAX Group Fundamental Analysis

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

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Additional Tools for UMAX Stock Analysis

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