Ace Hardware Indonesia Stock Return On Asset
| ACES Stock | IDR 885.00 25.00 2.75% |
Ace Hardware Indonesia fundamentals help investors to digest information that contributes to Ace Hardware's financial success or failures. It also enables traders to predict the movement of Ace Stock. The fundamental analysis module provides a way to measure Ace Hardware'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 Ace Hardware stock.
Ace |
Ace Hardware Indonesia Company Return On Asset Analysis
Ace Hardware'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.
Current Ace Hardware Return On Asset | 0.0852 |
Most of Ace Hardware'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, Ace Hardware Indonesia 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, Ace Hardware Indonesia has a Return On Asset of 0.0852. This is 113.0% higher than that of the Specialty Retail sector and significantly higher than that of the Consumer Discretionary industry. The return on asset for all Indonesia stocks is 160.86% lower than that of the firm.
Ace Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ace Hardware'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 Ace Hardware could also be used in its relative valuation, which is a method of valuing Ace Hardware by comparing valuation metrics of similar companies.Ace Hardware is currently under evaluation in return on asset category among related companies.
Ace Fundamentals
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0852 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 6.34 T | |||
| Shares Outstanding | 17.12 B | |||
| Shares Owned By Insiders | 59.98 % | |||
| Shares Owned By Institutions | 12.14 % | |||
| Price To Book | 1.36 X | |||
| Price To Sales | 1.04 X | |||
| Revenue | 6.54 T | |||
| Gross Profit | 2.99 T | |||
| EBITDA | 1.38 T | |||
| Net Income | 704.38 B | |||
| Cash And Equivalents | 597.28 B | |||
| Total Debt | 576.36 B | |||
| Book Value Per Share | 320.13 X | |||
| Cash Flow From Operations | 1.31 T | |||
| Earnings Per Share | 42.87 X | |||
| Price To Earnings To Growth | 5.54 X | |||
| Target Price | 662.1 | |||
| Number Of Employees | 13.39 K | |||
| Beta | 0.55 | |||
| Market Capitalization | 9.25 T | |||
| Total Asset | 7.19 T | |||
| Z Score | 9.6 | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 7.19 T | |||
| Last Dividend Paid | 20.59 |
About Ace Hardware Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ace Hardware Indonesia's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ace Hardware using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ace Hardware Indonesia 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 Ace Hardware 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, Ace Hardware's short interest history, or implied volatility extrapolated from Ace Hardware options trading.
Pair Trading with Ace Hardware
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 Ace Hardware 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 Ace Hardware will appreciate offsetting losses from the drop in the long position's value.Moving together with Ace Stock
| 0.7 | UNTR | United Tractors Tbk | PairCorr |
Moving against Ace Stock
| 0.83 | SCCO | Supreme Cable Manufa Split | PairCorr |
| 0.6 | GGRM | Gudang Garam Tbk Earnings Call This Week | PairCorr |
| 0.46 | AMFG | Asahimas Flat Glass | PairCorr |
The ability to find closely correlated positions to Ace Hardware could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ace Hardware 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 Ace Hardware - 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 Ace Hardware Indonesia to buy it.
The correlation of Ace Hardware 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 Ace Hardware moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ace Hardware Indonesia 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 Ace Hardware 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ace Hardware Indonesia. 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. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Ace Stock analysis
When running Ace Hardware's price analysis, check to measure Ace Hardware'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 Ace Hardware is operating at the current time. Most of Ace Hardware's value examination focuses on studying past and present price action to predict the probability of Ace Hardware's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ace Hardware's price. Additionally, you may evaluate how the addition of Ace Hardware to your portfolios can decrease your overall portfolio volatility.
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