Birks Group Inc Stock Return On Asset

2BG Stock  EUR 2.42  0.02  0.83%   
BIRKS GROUP INC fundamentals help investors to digest information that contributes to BIRKS GROUP's financial success or failures. It also enables traders to predict the movement of BIRKS Stock. The fundamental analysis module provides a way to measure BIRKS GROUP's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BIRKS GROUP stock.
  
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BIRKS GROUP INC Company Return On Asset Analysis

BIRKS GROUP's 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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current BIRKS GROUP Return On Asset

    
  0.0053  
Most of BIRKS GROUP's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BIRKS GROUP INC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition

Based on the latest financial disclosure, BIRKS GROUP INC has a Return On Asset of 0.0053. This is 99.51% lower than that of the Consumer Cyclical sector and 99.87% lower than that of the Luxury Goods industry. The return on asset for all Germany stocks is 103.79% lower than that of the firm.

BIRKS Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BIRKS GROUP's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BIRKS GROUP could also be used in its relative valuation, which is a method of valuing BIRKS GROUP by comparing valuation metrics of similar companies.
BIRKS GROUP is currently under evaluation in return on asset category among related companies.

BIRKS Fundamentals

About BIRKS GROUP Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze BIRKS GROUP INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BIRKS GROUP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BIRKS GROUP INC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BIRKS GROUP in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BIRKS GROUP's short interest history, or implied volatility extrapolated from BIRKS GROUP options trading.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIRKS GROUP INC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in BIRKS Stock please use our How to Invest in BIRKS GROUP guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running BIRKS GROUP's price analysis, check to measure BIRKS GROUP'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 BIRKS GROUP is operating at the current time. Most of BIRKS GROUP's value examination focuses on studying past and present price action to predict the probability of BIRKS GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIRKS GROUP's price. Additionally, you may evaluate how the addition of BIRKS GROUP to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between BIRKS GROUP's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIRKS GROUP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIRKS GROUP'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.