Zoomcar Holdings Stock Return On Equity
| ZCAR Stock | 6.03 0.48 7.37% |
Zoomcar Holdings fundamentals help investors to digest information that contributes to Zoomcar Holdings' financial success or failures. It also enables traders to predict the movement of Zoomcar Stock. The fundamental analysis module provides a way to measure Zoomcar Holdings' 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 Zoomcar Holdings stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 1.02 | 1.07 |
Zoomcar | Return On Equity |
Zoomcar Holdings Company Return On Equity Analysis
Zoomcar Holdings' 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 Zoomcar Holdings Return On Equity | 1.07 |
Most of Zoomcar Holdings' 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, Zoomcar Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Zoomcar Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Zoomcar Holdings is extremely important. It helps to project a fair market value of Zoomcar Stock properly, considering its historical fundamentals such as Return On Equity. Since Zoomcar Holdings' 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 Zoomcar Holdings' 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 Zoomcar Holdings' interrelated accounts and indicators.
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Zoomcar Return On Equity Historical Pattern
Today, most investors in Zoomcar Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Zoomcar Holdings' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Zoomcar Holdings return on equity as a starting point in their analysis.
Zoomcar Holdings Return On Equity |
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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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Zoomcar Total Stockholder Equity
Total Stockholder Equity |
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Zoomcar Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zoomcar Holdings' 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 Zoomcar Holdings could also be used in its relative valuation, which is a method of valuing Zoomcar Holdings by comparing valuation metrics of similar companies.Zoomcar Holdings is currently under evaluation in return on equity category among its peers.
Zoomcar Holdings 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, Zoomcar Holdings' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Zoomcar Holdings' managers, analysts, and investors.Environmental | Governance | Social |
Zoomcar Fundamentals
| Return On Asset | -1.24 | ||||
| Profit Margin | (0.84) % | ||||
| Operating Margin | (1.51) % | ||||
| Current Valuation | 30.97 M | ||||
| Shares Outstanding | 2.06 M | ||||
| Shares Owned By Insiders | 4.36 % | ||||
| Shares Owned By Institutions | 0.70 % | ||||
| Number Of Shares Shorted | 32.21 K | ||||
| Price To Sales | 1.30 X | ||||
| Revenue | 9.9 M | ||||
| EBITDA | (26.8 M) | ||||
| Net Income | (34.28 M) | ||||
| Total Debt | 24.26 M | ||||
| Book Value Per Share | (53.32) X | ||||
| Cash Flow From Operations | (22.2 M) | ||||
| Short Ratio | 0.28 X | ||||
| Earnings Per Share | 1.35 X | ||||
| Number Of Employees | 191 | ||||
| Beta | -0.34 | ||||
| Market Capitalization | 12.42 M | ||||
| Total Asset | 9.17 M | ||||
| Retained Earnings | (307.55 M) | ||||
| Working Capital | (26.24 M) | ||||
| Net Asset | 9.17 M |
About Zoomcar Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zoomcar Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zoomcar Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zoomcar Holdings 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.
Pair Trading with Zoomcar Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Zoomcar Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Zoomcar Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Zoomcar Stock
| 0.87 | HRI | Herc Holdings | PairCorr |
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| 0.77 | WLFC | Willis Lease Finance | PairCorr |
| 0.73 | HEES | HE Equipment Services | PairCorr |
| 0.73 | MGRC | McGrath RentCorp | PairCorr |
The ability to find closely correlated positions to Zoomcar Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zoomcar Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Zoomcar Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Zoomcar Holdings to buy it.
The correlation of Zoomcar Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zoomcar Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zoomcar Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Zoomcar Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Zoomcar Stock Analysis
When running Zoomcar Holdings' price analysis, check to measure Zoomcar Holdings' 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 Zoomcar Holdings is operating at the current time. Most of Zoomcar Holdings' value examination focuses on studying past and present price action to predict the probability of Zoomcar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoomcar Holdings' price. Additionally, you may evaluate how the addition of Zoomcar Holdings to your portfolios can decrease your overall portfolio volatility.