Elite Education Group Stock Return On Asset
| EEIQ Stock | USD 0.95 0.02 2.06% |
Elite Education Group fundamentals help investors to digest information that contributes to Elite Education's financial success or failures. It also enables traders to predict the movement of Elite Stock. The fundamental analysis module provides a way to measure Elite Education'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 Elite Education stock.
As of 05/23/2024, Return On Assets is likely to grow to -0.38. Elite | Return On Asset |
Elite Education Group Company Return On Asset Analysis
Elite Education'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 Elite Education Return On Asset | -0.21 |
Most of Elite Education'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, Elite Education Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Elite Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Elite Education is extremely important. It helps to project a fair market value of Elite Stock properly, considering its historical fundamentals such as Return On Asset. Since Elite Education's 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 Elite Education's 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 Elite Education's 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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Elite Net Tangible Assets
Net Tangible Assets |
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Based on the latest financial disclosure, Elite Education Group has a Return On Asset of -0.2061. This is 787.0% lower than that of the Diversified Consumer Services sector and 142.94% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 47.21% higher than that of the company.
Elite Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elite Education'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 Elite Education could also be used in its relative valuation, which is a method of valuing Elite Education by comparing valuation metrics of similar companies.Elite Education is currently under evaluation in return on asset category among related companies.
Elite Fundamentals
| Return On Equity | -0.53 | ||||
| Return On Asset | -0.21 | ||||
| Profit Margin | (1.18) % | ||||
| Operating Margin | (1.72) % | ||||
| Current Valuation | 9.35 M | ||||
| Shares Outstanding | 12.4 M | ||||
| Shares Owned By Insiders | 69.92 % | ||||
| Shares Owned By Institutions | 0.11 % | ||||
| Number Of Shares Shorted | 6.34 K | ||||
| Price To Book | 1.23 X | ||||
| Price To Sales | 1.98 X | ||||
| Revenue | 5.71 M | ||||
| Gross Profit | 4.25 M | ||||
| EBITDA | (6.62 M) | ||||
| Net Income | (7.17 M) | ||||
| Cash And Equivalents | 12.93 M | ||||
| Cash Per Share | 1.17 X | ||||
| Total Debt | 1.13 M | ||||
| Debt To Equity | 0.09 % | ||||
| Current Ratio | 2.49 X | ||||
| Book Value Per Share | 0.76 X | ||||
| Cash Flow From Operations | (5.25 M) | ||||
| Short Ratio | 0.73 X | ||||
| Earnings Per Share | (0.58) X | ||||
| Target Price | 2.3 | ||||
| Number Of Employees | 38 | ||||
| Beta | 1.03 | ||||
| Market Capitalization | 11.78 M | ||||
| Total Asset | 19.21 M | ||||
| Retained Earnings | (9.07 M) | ||||
| Working Capital | 1.83 M | ||||
| Net Asset | 19.21 M |
About Elite Education Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Elite Education Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elite Education using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elite Education Group 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.
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Try AI Portfolio ArchitectCheck out Elite Education Piotroski F Score and Elite Education Altman Z Score analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Elite Stock analysis
When running Elite Education's price analysis, check to measure Elite Education'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 Elite Education is operating at the current time. Most of Elite Education's value examination focuses on studying past and present price action to predict the probability of Elite Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Education's price. Additionally, you may evaluate how the addition of Elite Education to your portfolios can decrease your overall portfolio volatility.
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Is Elite Education'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 Elite Education. If investors know Elite 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 Elite Education listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.58) | Revenue Per Share 0.49 | Quarterly Revenue Growth 0.007 | Return On Assets (0.21) | Return On Equity (0.53) |
The market value of Elite Education Group is measured differently than its book value, which is the value of Elite that is recorded on the company's balance sheet. Investors also form their own opinion of Elite Education's value that differs from its market value or its book value, called intrinsic value, which is Elite Education'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 Elite Education's market value can be influenced by many factors that don't directly affect Elite Education'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 Elite Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elite Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elite Education'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.