National Return On Tangible Assets from 2010 to 2024

EYE Stock  USD 15.54  0.24  1.52%   
National Vision's Return On Tangible Assets are decreasing over the years with slightly volatile fluctuation. Overall, Return On Tangible Assets are expected to go to 0.04 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.0391
Current Value
0.0409
Quarterly Volatility
0.03576371
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Vision financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National main balance sheet or income statement drivers, such as Interest Expense of 23.4 M, Selling General Administrative of 697.7 M or Total Revenue of 1.7 B, as well as many exotic indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.0785 or PTB Ratio of 4.15. National financial statements analysis is a perfect complement when working with National Vision Valuation or Volatility modules.
  
This module can also supplement National Vision's financial leverage analysis and stock options assessment as well as various National Vision Technical models . Check out the analysis of National Vision Correlation against competitors.

Latest National Vision's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of National Vision Holdings over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. National Vision's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Vision's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

National Return On Tangible Assets Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.07
Coefficient Of Variation44.70
Mean Deviation0.03
Median0.10
Standard Deviation0.04
Sample Variance0
Range0.0936
R-Value(0.41)
Mean Square Error0
R-Squared0.17
Significance0.13
Slope(0)
Total Sum of Squares0.02

National Return On Tangible Assets History

2024 0.0409
2023 0.0391
2022 0.034
2016 0.0355
2015 0.0104

About National Vision Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include National Vision income statement, its balance sheet, and the statement of cash flows. National Vision investors use historical funamental indicators, such as National Vision's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although National Vision investors may use each financial statement separately, they are all related. The changes in National Vision's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on National Vision'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. We offer a historical overview of the basic patterns found on National Vision Financial Statements. Understanding these patterns can help to make the right decision on long term investment in National Vision. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.04 

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When determining whether National Vision Holdings is a strong investment it is important to analyze National Vision'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 National Vision's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out the analysis of National Vision Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running National Vision's price analysis, check to measure National Vision'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 National Vision is operating at the current time. Most of National Vision's value examination focuses on studying past and present price action to predict the probability of National Vision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Vision's price. Additionally, you may evaluate how the addition of National Vision to your portfolios can decrease your overall portfolio volatility.
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Is National Vision's industry 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 National Vision. If investors know National 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 National Vision 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
(0.34)
Earnings Share
(0.87)
Revenue Per Share
27.46
Quarterly Revenue Growth
0.042
Return On Assets
0.0099
The market value of National Vision Holdings is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Vision's value that differs from its market value or its book value, called intrinsic value, which is National Vision'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 National Vision's market value can be influenced by many factors that don't directly affect National Vision'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 National Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Vision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Vision'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.