Signature Devices Profitability Analysis
Signature Devices Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Signature Devices's current stock value. Our valuation model uses many indicators to compare Signature Devices value to that of its competitors to determine the firm's financial worth. Signature Devices is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Signature Devices by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Signature Devices' 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.Signature Return On Asset vs. Return On Equity
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.
Signature Devices |
| = | -0.32 |
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.
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.
Signature Devices |
| = | -0.18 |
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.
Signature Return On Asset Comparison
Signature Devices is currently under evaluation in return on asset category among its peers.
Signature Devices Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Signature Devices, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Signature Devices will eventually generate negative long term returns. The profitability progress is the general direction of Signature Devices' change in net profit over the period of time. It can combine multiple indicators of Signature Devices, 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.
Signature Devices, Inc., operates as a software and hardware development company. It offers Morpheus media servers and players Tazerwears AI Software Truck ITs beacon platform with Knotons hardware and various other infrastructures and software products. SIGNATURE DEVICES operates under Information Technology Services classification in the United States and is traded on PNK Exchange. It employs 1 people.
Signature Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Signature Devices. 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 Signature Devices 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 Signature Devices' important profitability drivers and their relationship over time.
Signature Devices Earnings per Share Projection vs Actual
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Other Information on Investing in Signature Pink Sheet
To fully project Signature Devices' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Signature Devices 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 Signature Devices' income statement, its balance sheet, and the statement of cash flows.