Goodyear Indonesia Tbk Stock Return On Asset

GDYR Stock  IDR 1,680  280.00  20.00%   
Goodyear Indonesia Tbk fundamentals help investors to digest information that contributes to Goodyear Indonesia's financial success or failures. It also enables traders to predict the movement of Goodyear Stock. The fundamental analysis module provides a way to measure Goodyear Indonesia'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 Goodyear Indonesia stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Goodyear Indonesia Tbk Company Return On Asset Analysis

Goodyear Indonesia'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 Goodyear Indonesia Return On Asset

    
  -0.0224  
Most of Goodyear Indonesia'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, Goodyear Indonesia Tbk 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, Goodyear Indonesia Tbk has a Return On Asset of -0.0224. This is 102.06% lower than that of the Auto Components sector and 102.87% lower than that of the Consumer Discretionary industry. The return on asset for all Indonesia stocks is 84.0% lower than that of the firm.

Goodyear Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goodyear Indonesia'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 Goodyear Indonesia could also be used in its relative valuation, which is a method of valuing Goodyear Indonesia by comparing valuation metrics of similar companies.
Goodyear Indonesia is currently under evaluation in return on asset category among related companies.

Goodyear Fundamentals

About Goodyear Indonesia Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Goodyear Indonesia Tbk's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goodyear Indonesia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goodyear Indonesia Tbk 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.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Goodyear Indonesia Tbk using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goodyear Indonesia Tbk. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Goodyear Stock analysis

When running Goodyear Indonesia's price analysis, check to measure Goodyear Indonesia'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 Goodyear Indonesia is operating at the current time. Most of Goodyear Indonesia's value examination focuses on studying past and present price action to predict the probability of Goodyear Indonesia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodyear Indonesia's price. Additionally, you may evaluate how the addition of Goodyear Indonesia to your portfolios can decrease your overall portfolio volatility.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
CEOs Directory
Screen CEOs from public companies around the world
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Equity Valuation
Check real value of public entities based on technical and fundamental data
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Please note, there is a significant difference between Goodyear Indonesia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodyear Indonesia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodyear Indonesia'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.