Zoomermedia Limited Stock Return On Asset

ZUM Stock  CAD 0.08  0.00  0.00%   
ZoomerMedia Limited fundamentals help investors to digest information that contributes to ZoomerMedia's financial success or failures. It also enables traders to predict the movement of ZoomerMedia Stock. The fundamental analysis module provides a way to measure ZoomerMedia'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 ZoomerMedia stock.
Return On Assets is likely to drop to -0.0017 in 2024.
  
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ZoomerMedia Limited Company Return On Asset Analysis

ZoomerMedia'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

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Current ZoomerMedia Return On Asset

    
  -0.0117  
Most of ZoomerMedia'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, ZoomerMedia Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

ZoomerMedia Return On Asset Driver Correlations

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

ZoomerMedia Total Assets

Total Assets

125.34 Million

At this time, ZoomerMedia's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, ZoomerMedia Limited has a Return On Asset of -0.0117. This is 101.07% lower than that of the Entertainment sector and 98.93% lower than that of the Communication Services industry. The return on asset for all Canada stocks is 91.64% lower than that of the firm.

ZoomerMedia Return On Asset Peer Comparison

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

ZoomerMedia Current Valuation Drivers

We derive many important indicators used in calculating different scores of ZoomerMedia from analyzing ZoomerMedia's financial statements. These drivers represent accounts that assess ZoomerMedia's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ZoomerMedia's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap42.4M68.8M33.1M30.7M27.6M26.1M
Enterprise Value48.6M75.2M49.2M62.4M56.2M32.3M

ZoomerMedia Fundamentals

About ZoomerMedia Fundamental Analysis

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

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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 ZoomerMedia Stock Analysis

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