Absa Group Return On Asset vs. Price To Book
| AGRPY Stock | USD 19.45 1.09 5.31% |
For Absa Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Absa Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Absa Group Ltd utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Absa Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Absa Group Ltd over time as well as its relative position and ranking within its peers.
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Absa Group Price To Book vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Absa Group's current stock value. Our valuation model uses many indicators to compare Absa Group value to that of its competitors to determine the firm's financial worth. Absa Group Ltd is number one stock in return on asset category among its peers. It also is number one stock in price to book category among its peers fabricating about 89.98 of Price To Book per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Absa Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Absa Group's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Absa Price To Book vs. Return On Asset
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.
Absa Group |
| = | 0.0132 |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Absa Group |
| = | 1.19 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Absa Price To Book Comparison
Absa Group is currently under evaluation in price to book category among its peers.
Absa Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Absa Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Absa Group will eventually generate negative long term returns. The profitability progress is the general direction of Absa Group's change in net profit over the period of time. It can combine multiple indicators of Absa Group, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Absa Group Limited, together with its subsidiaries, provides various financial products and services in South Africa and internationally. Absa Group Limited was incorporated in 1986 and is based in Johannesburg, South Africa. ABSA GROUP operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 35267 people.
Absa Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Absa Group. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Absa Group position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Absa Group's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Absa Group without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Absa Group position
In addition to having Absa Group in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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Additional Tools for Absa Pink Sheet Analysis
When running Absa Group's price analysis, check to measure Absa 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 Absa Group is operating at the current time. Most of Absa Group's value examination focuses on studying past and present price action to predict the probability of Absa 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 Absa Group's price. Additionally, you may evaluate how the addition of Absa Group to your portfolios can decrease your overall portfolio volatility.