Companhiade Eletricidade Return On Asset vs. Return On Equity
| CEEB3 Stock | BRL 38.50 0.70 1.85% |
For Companhiade Eletricidade profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Companhiade Eletricidade to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Companhiade Eletricidade do utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Companhiade Eletricidade's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Companhiade Eletricidade do over time as well as its relative position and ranking within its peers.
Companhiade |
Companhiade Eletricidade Return On Equity vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Companhiade Eletricidade's current stock value. Our valuation model uses many indicators to compare Companhiade Eletricidade value to that of its competitors to determine the firm's financial worth. Companhiade Eletricidade do is number one stock in return on asset category among its peers. It also is number one stock in return on equity category among its peers reporting about 3.29 of Return On Equity per Return On Asset. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Companhiade Eletricidade's earnings, one of the primary drivers of an investment's value.Companhiade 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.
Companhiade Eletricidade |
| = | 0.082 |
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.
Companhiade Eletricidade |
| = | 0.27 |
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.
Companhiade Return On Equity Comparison
Companhiade Eletricidade is currently under evaluation in return on equity category among its peers.
Companhiade Eletricidade Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Companhiade Eletricidade, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Companhiade Eletricidade will eventually generate negative long term returns. The profitability progress is the general direction of Companhiade Eletricidade's change in net profit over the period of time. It can combine multiple indicators of Companhiade Eletricidade, 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.
Companhiade Eletricidade do Estado da Bahia - COELBA engages in the distribution of electricity in the Bahia state. Companhiade Eletricidade do Estado da Bahia - COELBA operates as a subsidiary of Neoenergia S.A. COELBA ON operates under Utilities - Diversified classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 3729 people.
Companhiade Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Companhiade Eletricidade. 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 Companhiade Eletricidade 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 Companhiade Eletricidade's important profitability drivers and their relationship over time.
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Additional Tools for Companhiade Stock Analysis
When running Companhiade Eletricidade's price analysis, check to measure Companhiade Eletricidade'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 Companhiade Eletricidade is operating at the current time. Most of Companhiade Eletricidade's value examination focuses on studying past and present price action to predict the probability of Companhiade Eletricidade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Companhiade Eletricidade's price. Additionally, you may evaluate how the addition of Companhiade Eletricidade to your portfolios can decrease your overall portfolio volatility.