Biocartis Group Return On Asset vs. Return On Equity
BCART Stock | EUR 0.29 0.00 0.00% |
For Biocartis Group profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Biocartis Group to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Biocartis Group NV utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Biocartis Group's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Biocartis Group NV over time as well as its relative position and ranking within its peers.
Biocartis |
Biocartis Group NV Return On Equity vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Biocartis Group's current stock value. Our valuation model uses many indicators to compare Biocartis Group value to that of its competitors to determine the firm's financial worth. Biocartis Group NV is rated second in return on asset category among its peers. It is rated third in return on equity category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Biocartis Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Biocartis Group's Stock. 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.Biocartis Return On Equity 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.
Biocartis Group |
| = | -0.22 |
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.
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.
Biocartis Group |
| = | -48.84 |
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.
Biocartis Return On Equity Comparison
Biocartis Group is currently under evaluation in return on equity category among its peers.
Biocartis Group Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Biocartis Group, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Biocartis Group will eventually generate negative long term returns. The profitability progress is the general direction of Biocartis Group's change in net profit over the period of time. It can combine multiple indicators of Biocartis 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.
Biocartis Group NV, a molecular diagnostics company, provides diagnostic solutions enhancing clinical practice for the benefit of patients, clinicians, payers, and healthcare industry with a focus on oncology. The company was founded in 2007 and is headquartered in Mechelen, Belgium. BIOCARTIS operates under Pharmaceuticals And Biosciences classification in Belgium and is traded on Brussels Stock Exchange. It employs 619 people.
Biocartis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Biocartis 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 Biocartis 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 Biocartis Group's important profitability drivers and their relationship over time.
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Other Information on Investing in Biocartis Stock
To fully project Biocartis Group's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Biocartis Group NV at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Biocartis Group's income statement, its balance sheet, and the statement of cash flows.