Vestis Stock Return On Asset

VSTS Stock   16.02  0.40  2.56%   
Vestis fundamentals help investors to digest information that contributes to Vestis' financial success or failures. It also enables traders to predict the movement of Vestis Stock. The fundamental analysis module provides a way to measure Vestis' 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 Vestis stock.
Return On Assets is likely to gain to 0.05 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Vestis Company Return On Asset Analysis

Vestis' 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 Vestis Return On Asset

    
  0.0385  
Most of Vestis' 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, Vestis is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Vestis Return On Asset Driver Correlations

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

Vestis Total Assets

Total Assets

2.47 Billion

At this time, Vestis' Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, Vestis has a Return On Asset of 0.0385. This is 107.55% lower than that of the Trading Companies & Distributors sector and 98.32% lower than that of the Industrials industry. The return on asset for all United States stocks is 127.5% lower than that of the firm.

Vestis Return On Asset Peer Comparison

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

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

Vestis Fundamentals

About Vestis Fundamental Analysis

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

Explore Investment Opportunities

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 Vestis Stock Analysis

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