GlucoTrack Return On Asset vs. Book Value Per Share
| GCTK Stock | USD 0.25 0.01 3.85% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Profit Margin | 14.36 | 15.11 |
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For GlucoTrack profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GlucoTrack to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GlucoTrack utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GlucoTrack's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GlucoTrack over time as well as its relative position and ranking within its peers.
GlucoTrack |
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GlucoTrack. If investors know GlucoTrack will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GlucoTrack listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.91) | Return On Assets (1.57) | Return On Equity (5.41) |
The market value of GlucoTrack is measured differently than its book value, which is the value of GlucoTrack that is recorded on the company's balance sheet. Investors also form their own opinion of GlucoTrack's value that differs from its market value or its book value, called intrinsic value, which is GlucoTrack's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GlucoTrack's market value can be influenced by many factors that don't directly affect GlucoTrack's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GlucoTrack's value and its price as these two are different measures arrived at by different means. Investors typically determine if GlucoTrack is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GlucoTrack'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.
GlucoTrack Book Value Per Share vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining GlucoTrack's current stock value. Our valuation model uses many indicators to compare GlucoTrack value to that of its competitors to determine the firm's financial worth. GlucoTrack is rated # 3 in return on asset category among its peers. It is rated # 2 in book value per share category among its peers . At this time, GlucoTrack's Book Value Per Share is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value GlucoTrack by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.GlucoTrack Book Value Per Share 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.
GlucoTrack |
| = | -1.57 |
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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
GlucoTrack |
| = | 0.77 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
GlucoTrack Book Value Per Share Comparison
GlucoTrack is currently under evaluation in book value per share category among its peers.
GlucoTrack Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in GlucoTrack, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GlucoTrack will eventually generate negative long term returns. The profitability progress is the general direction of GlucoTrack's change in net profit over the period of time. It can combine multiple indicators of GlucoTrack, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 64 K | 67.1 K | |
| Operating Income | -7.1 M | -6.7 M | |
| Net Loss | -7.1 M | -7.5 M | |
| Income Tax Expense | 855 K | 897.8 K | |
| Income Before Tax | -7.1 M | -7.5 M | |
| Total Other Income Expense Net | 7 K | 7.3 K | |
| Net Loss | -5.1 M | -5.4 M | |
| Net Interest Income | 15 K | 22.9 K | |
| Net Loss | -6 M | -6.3 M | |
| Interest Income | 7 K | 6.7 K | |
| Change To Netincome | 449.1 K | 616.2 K | |
| Net Loss | (1.71) | (1.79) | |
| Income Quality | 0.92 | 0.54 | |
| Net Income Per E B T | 0.90 | 0.79 |
GlucoTrack Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on GlucoTrack. 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 GlucoTrack 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 GlucoTrack's important profitability drivers and their relationship over time.
Use GlucoTrack in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GlucoTrack position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GlucoTrack will appreciate offsetting losses from the drop in the long position's value.GlucoTrack Pair Trading
GlucoTrack Pair Trading Analysis
The ability to find closely correlated positions to GlucoTrack could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GlucoTrack when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GlucoTrack - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GlucoTrack to buy it.
The correlation of GlucoTrack is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GlucoTrack moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GlucoTrack moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GlucoTrack can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your GlucoTrack position
In addition to having GlucoTrack 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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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Financials ETFs theme has 45 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 Financials ETFs Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. For more information on how to buy GlucoTrack Stock please use our How to buy in GlucoTrack Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
To fully project GlucoTrack's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GlucoTrack 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 GlucoTrack's income statement, its balance sheet, and the statement of cash flows.