Athens Water Supply Stock Return On Asset
| EYDAP Stock | EUR 5.70 0.05 0.87% |
Athens Water Supply fundamentals help investors to digest information that contributes to Athens Water's financial success or failures. It also enables traders to predict the movement of Athens Stock. The fundamental analysis module provides a way to measure Athens Water'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 Athens Water stock.
Athens |
Athens Water Supply Company Return On Asset Analysis
Athens Water'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 Athens Water Return On Asset | 0.0065 |
Most of Athens Water'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, Athens Water Supply 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, Athens Water Supply has a Return On Asset of 0.0065. This is 99.73% lower than that of the Utilities sector and 99.86% lower than that of the Water Utilities industry. The return on asset for all Greece stocks is 104.64% lower than that of the firm.
Athens Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Athens Water'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 Athens Water could also be used in its relative valuation, which is a method of valuing Athens Water by comparing valuation metrics of similar companies.Athens Water is currently under evaluation in return on asset category among related companies.
Athens Fundamentals
| Return On Equity | 0.021 | |||
| Return On Asset | 0.0065 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 484.91 M | |||
| Shares Outstanding | 106.5 M | |||
| Shares Owned By Insiders | 61.30 % | |||
| Shares Owned By Institutions | 15.94 % | |||
| Price To Earning | 17.29 X | |||
| Price To Book | 0.89 X | |||
| Price To Sales | 1.94 X | |||
| Revenue | 360.76 M | |||
| Gross Profit | 156.43 M | |||
| EBITDA | 105.76 M | |||
| Net Income | 30.65 M | |||
| Cash And Equivalents | 383.55 M | |||
| Cash Per Share | 3.60 X | |||
| Total Debt | 913 K | |||
| Current Ratio | 9.57 X | |||
| Book Value Per Share | 7.57 X | |||
| Cash Flow From Operations | 38.17 M | |||
| Earnings Per Share | 0.36 X | |||
| Target Price | 7.6 | |||
| Number Of Employees | 2.25 K | |||
| Beta | 0.49 | |||
| Market Capitalization | 776.39 M | |||
| Total Asset | 1.7 B | |||
| Retained Earnings | 863 M | |||
| Working Capital | 445 M | |||
| Current Asset | 531 M | |||
| Current Liabilities | 86 M | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 1.7 B |
About Athens Water Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Athens Water Supply's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Athens Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Athens Water Supply 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 Athens Water 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, Athens Water's short interest history, or implied volatility extrapolated from Athens Water options trading.
Pair Trading with Athens Water
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 Athens Water 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 Athens Water will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Athens Water could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Athens Water 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 Athens Water - 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 Athens Water Supply to buy it.
The correlation of Athens Water 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 Athens Water moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Athens Water Supply 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 Athens Water 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Athens Water Supply. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Athens Stock analysis
When running Athens Water's price analysis, check to measure Athens Water'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 Athens Water is operating at the current time. Most of Athens Water's value examination focuses on studying past and present price action to predict the probability of Athens Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Athens Water's price. Additionally, you may evaluate how the addition of Athens Water to your portfolios can decrease your overall portfolio volatility.
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