LatAmGrowth SPAC Return On Asset vs. Book Value Per Share

LATG Stock  USD 11.68  0.01  0.09%   
Based on the measurements of profitability obtained from LatAmGrowth SPAC's financial statements, LatAmGrowth SPAC 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 LatAmGrowth SPAC's ability to earn profits and add value for shareholders.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Equity0.00980.0103
Notably Down
Slightly volatile
For LatAmGrowth SPAC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of LatAmGrowth SPAC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well LatAmGrowth SPAC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between LatAmGrowth SPAC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of LatAmGrowth SPAC over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
For more detail on how to invest in LatAmGrowth Stock please use our How to Invest in LatAmGrowth SPAC guide.
Is Asset Management & Custody Banks 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 LatAmGrowth SPAC. If investors know LatAmGrowth 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 LatAmGrowth SPAC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.87)
Earnings Share
(0.36)
Return On Assets
(0.03)
The market value of LatAmGrowth SPAC is measured differently than its book value, which is the value of LatAmGrowth that is recorded on the company's balance sheet. Investors also form their own opinion of LatAmGrowth SPAC's value that differs from its market value or its book value, called intrinsic value, which is LatAmGrowth SPAC'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 LatAmGrowth SPAC's market value can be influenced by many factors that don't directly affect LatAmGrowth SPAC'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 LatAmGrowth SPAC's value and its price as these two are different measures arrived at by different means. Investors typically determine if LatAmGrowth SPAC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LatAmGrowth SPAC'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.

LatAmGrowth SPAC Book Value Per Share vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining LatAmGrowth SPAC's current stock value. Our valuation model uses many indicators to compare LatAmGrowth SPAC value to that of its competitors to determine the firm's financial worth.
LatAmGrowth SPAC is rated below average in return on asset category among its peers. It is rated second overall in book value per share category among its peers . At this time, LatAmGrowth SPAC's Book Value Per Share is most likely to slightly grow in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value LatAmGrowth SPAC 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.

LatAmGrowth 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.

LatAmGrowth SPAC

Return On Asset

 = 

Net Income

Total Assets

 = 
-0.0297
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.

LatAmGrowth SPAC

Book Value per Share

 = 

Common Equity

Average Shares

 = 
(0.31) 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.

LatAmGrowth Book Value Per Share Comparison

LatAmGrowth SPAC is currently under evaluation in book value per share category among its peers.

LatAmGrowth SPAC Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in LatAmGrowth SPAC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, LatAmGrowth SPAC will eventually generate negative long term returns. The profitability progress is the general direction of LatAmGrowth SPAC's change in net profit over the period of time. It can combine multiple indicators of LatAmGrowth SPAC, 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 ReportedProjected for Next Year
Operating Income-2.1 M-2 M
Income Before Tax425.9 K404.6 K
Total Other Income Expense Net2.6 MM
Net Income Applicable To Common Shares11.3 M11.9 M
Net Income425.9 K404.6 K
Income Tax Expense-2.1 K-2.3 K
Net Interest Income3.7 M2.9 M
Interest Income3.7 M3.1 M
Net Income From Continuing Ops425.9 K404.6 K
Non Operating Income Net Other10.1 M8.9 M
Change To Netincome385.5 K404.8 K
Net Income Per Share 0.04  0.04 
Income Quality(1.75)(1.84)
Net Income Per E B T 1.92  1.71 

LatAmGrowth Profitability Driver Comparison

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

Use LatAmGrowth SPAC 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 LatAmGrowth SPAC 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 LatAmGrowth SPAC will appreciate offsetting losses from the drop in the long position's value.

LatAmGrowth SPAC Pair Trading

LatAmGrowth SPAC Pair Trading Analysis

The ability to find closely correlated positions to LatAmGrowth SPAC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LatAmGrowth SPAC 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 LatAmGrowth SPAC - 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 LatAmGrowth SPAC to buy it.
The correlation of LatAmGrowth SPAC 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 LatAmGrowth SPAC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LatAmGrowth SPAC 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 LatAmGrowth SPAC 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your LatAmGrowth SPAC position

In addition to having LatAmGrowth SPAC 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?

Run Compulsion Thematic Idea Now

Compulsion
Compulsion Theme
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion 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 Compulsion Theme or any other thematic opportunities.
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When determining whether LatAmGrowth SPAC is a strong investment it is important to analyze LatAmGrowth SPAC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact LatAmGrowth SPAC's future performance. For an informed investment choice regarding LatAmGrowth Stock, refer to the following important reports:
Check out Correlation Analysis.
For more detail on how to invest in LatAmGrowth Stock please use our How to Invest in LatAmGrowth SPAC guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
To fully project LatAmGrowth SPAC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of LatAmGrowth SPAC 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 LatAmGrowth SPAC's income statement, its balance sheet, and the statement of cash flows.
Potential LatAmGrowth SPAC investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although LatAmGrowth SPAC investors may work on each financial statement separately, they are all related. The changes in LatAmGrowth SPAC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on LatAmGrowth SPAC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.