Enagas SA Return On Asset vs. Return On Equity

ENGGY Stock  USD 6.80  0.12  1.80%   
Based on the key profitability measurements obtained from Enagas SA's financial statements, Enagas SA may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Enagas SA's ability to earn profits and add value for shareholders.
For Enagas SA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Enagas SA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Enagas SA utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Enagas SA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Enagas SA over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Enagas SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enagas SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enagas SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Enagas SA Return On Equity vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Enagas SA's current stock value. Our valuation model uses many indicators to compare Enagas SA value to that of its competitors to determine the firm's financial worth.
Enagas SA is one of the top stocks in return on asset category among its peers. It also is one of the top stocks in return on equity category among its peers reporting about  5.67  of Return On Equity per Return On Asset. Comparative valuation analysis is a catch-all model that can be used if you cannot value Enagas SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Enagas SA'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.

Enagas 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.

Enagas SA

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0239
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.

Enagas SA

Return On Equity

 = 

Net Income

Total Equity

 = 
0.14
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.

Enagas Return On Equity Comparison

Enagas SA is currently under evaluation in return on equity category among its peers.

Enagas SA Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Enagas SA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Enagas SA will eventually generate negative long term returns. The profitability progress is the general direction of Enagas SA's change in net profit over the period of time. It can combine multiple indicators of Enagas SA, 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.
Enags, S.A. engages in the development, operation, and maintenance of gas infrastructures in Spain, Mexico, Chile, Peru, Albania, Greece, Italy, and the United States. Enags, S.A. was founded in 1972 and is headquartered in Madrid, Spain. Enagas Sa is traded on OTC Exchange in the United States.

Enagas Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Enagas SA. 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 Enagas SA 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 Enagas SA's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Enagas SA 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.

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Use Investing Themes to Complement your Enagas SA position

In addition to having Enagas SA 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.

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Data Storage
Data Storage Theme
Companies making data storages or providing data storage services. The Data Storage theme has 40 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 Data Storage Theme or any other thematic opportunities.
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Additional Tools for Enagas Pink Sheet Analysis

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