Barrett Business Services Stock Return On Asset
| BBSI Stock | USD 121.36 0.78 0.65% |
Barrett Business Services fundamentals help investors to digest information that contributes to Barrett Business' financial success or failures. It also enables traders to predict the movement of Barrett Stock. The fundamental analysis module provides a way to measure Barrett Business' 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 Barrett Business stock.
The current Return On Assets is estimated to decrease to 0.06. Barrett | Return On Asset |
Barrett Business Services Company Return On Asset Analysis
Barrett Business' 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 Barrett Business Return On Asset | 0.0538 |
Most of Barrett Business' 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, Barrett Business Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Barrett Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Barrett Business is extremely important. It helps to project a fair market value of Barrett Stock properly, considering its historical fundamentals such as Return On Asset. Since Barrett Business' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Barrett Business' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Barrett Business' interrelated accounts and indicators.
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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.
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Barrett Total Assets
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Based on the latest financial disclosure, Barrett Business Services has a Return On Asset of 0.0538. This is 110.55% lower than that of the Professional Services sector and significantly higher than that of the Industrials industry. The return on asset for all United States stocks is 138.43% lower than that of the firm.
Barrett Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Barrett Business' 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 Barrett Business could also be used in its relative valuation, which is a method of valuing Barrett Business by comparing valuation metrics of similar companies.Barrett Business is currently under evaluation in return on asset category among related companies.
Barrett Fundamentals
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.0538 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 767.15 M | ||||
| Shares Outstanding | 6.57 M | ||||
| Shares Owned By Insiders | 3.37 % | ||||
| Shares Owned By Institutions | 87.19 % | ||||
| Number Of Shares Shorted | 60.79 K | ||||
| Price To Earning | 21.90 X | ||||
| Price To Book | 3.97 X | ||||
| Price To Sales | 0.74 X | ||||
| Revenue | 1.07 B | ||||
| Gross Profit | 234.84 M | ||||
| EBITDA | 74.8 M | ||||
| Net Income | 50.61 M | ||||
| Cash And Equivalents | 111.4 M | ||||
| Cash Per Share | 15.72 X | ||||
| Total Debt | 21.21 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 1.31 X | ||||
| Book Value Per Share | 27.87 X | ||||
| Cash Flow From Operations | 67.22 M | ||||
| Short Ratio | 1.76 X | ||||
| Earnings Per Share | 7.39 X | ||||
| Price To Earnings To Growth | 1.10 X | ||||
| Target Price | 143.75 | ||||
| Number Of Employees | 130.51 K | ||||
| Beta | 1.37 | ||||
| Market Capitalization | 797.5 M | ||||
| Total Asset | 745.38 M | ||||
| Retained Earnings | 182.94 M | ||||
| Working Capital | 104.25 M | ||||
| Current Asset | 227.01 M | ||||
| Current Liabilities | 237.39 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 1.60 % | ||||
| Net Asset | 745.38 M | ||||
| Last Dividend Paid | 1.2 |
About Barrett Business Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Barrett Business Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Barrett Business using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Barrett Business Services 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.
Pair Trading with Barrett Business
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 Barrett Business 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 Barrett Business will appreciate offsetting losses from the drop in the long position's value.Moving together with Barrett Stock
| 0.76 | WM | Waste Management Earnings Call This Week | PairCorr |
| 0.82 | VSEC | VSE Corporation Financial Report 6th of May 2024 | PairCorr |
Moving against Barrett Stock
| 0.81 | CLVT | CLARIVATE PLC Financial Report 14th of May 2024 | PairCorr |
| 0.79 | AZ | A2Z Smart Technologies | PairCorr |
| 0.75 | AMBI | Ambipar Emergency Report 10th of May 2024 | PairCorr |
| 0.74 | ACCO | Acco Brands Financial Report 2nd of May 2024 | PairCorr |
| 0.7 | BA | Boeing Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Barrett Business could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barrett Business 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 Barrett Business - 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 Barrett Business Services to buy it.
The correlation of Barrett Business 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 Barrett Business moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barrett Business Services 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 Barrett Business 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 Barrett Business Piotroski F Score and Barrett Business Altman Z Score analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Barrett Stock analysis
When running Barrett Business' price analysis, check to measure Barrett Business' 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 Barrett Business is operating at the current time. Most of Barrett Business' value examination focuses on studying past and present price action to predict the probability of Barrett Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barrett Business' price. Additionally, you may evaluate how the addition of Barrett Business to your portfolios can decrease your overall portfolio volatility.
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Is Barrett Business' 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 Barrett Business. If investors know Barrett 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 Barrett Business 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 0.509 | Dividend Share 1.2 | Earnings Share 7.39 | Revenue Per Share 158.863 | Quarterly Revenue Growth 0.1 |
The market value of Barrett Business Services is measured differently than its book value, which is the value of Barrett that is recorded on the company's balance sheet. Investors also form their own opinion of Barrett Business' value that differs from its market value or its book value, called intrinsic value, which is Barrett Business' 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 Barrett Business' market value can be influenced by many factors that don't directly affect Barrett Business' 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 Barrett Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrett Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrett Business' 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.