Progressive Corp Stock Return On Asset
| PGR Stock | EUR 47.60 0.40 0.85% |
Progressive Corp fundamentals help investors to digest information that contributes to Progressive Corp's financial success or failures. It also enables traders to predict the movement of Progressive Stock. The fundamental analysis module provides a way to measure Progressive Corp'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 Progressive Corp stock.
Progressive |
Progressive Corp Company Return On Asset Analysis
Progressive Corp'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 Progressive Corp Return On Asset | 0.0574 |
Most of Progressive Corp'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, Progressive Corp 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, Progressive Corp has a Return On Asset of 0.0574. This is 101.99% lower than that of the Technology sector and 100.86% lower than that of the Software - Application industry. The return on asset for all Germany stocks is 141.0% lower than that of the firm.
Progressive Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Progressive Corp'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 Progressive Corp could also be used in its relative valuation, which is a method of valuing Progressive Corp by comparing valuation metrics of similar companies.Progressive Corp is currently under evaluation in return on asset category among related companies.
Progressive Fundamentals
| Return On Equity | 0.23 | |||
| Return On Asset | 0.0574 | |||
| Profit Margin | 0.16 % | |||
| Operating Margin | 0.21 % | |||
| Current Valuation | 2.51 B | |||
| Shares Outstanding | 43.35 M | |||
| Shares Owned By Insiders | 1.75 % | |||
| Shares Owned By Institutions | 98.25 % | |||
| Price To Earning | 32.43 X | |||
| Price To Book | 6.05 X | |||
| Price To Sales | 3.56 X | |||
| Revenue | 602.01 M | |||
| Gross Profit | 529.59 M | |||
| EBITDA | 207.78 M | |||
| Net Income | 95.07 M | |||
| Cash And Equivalents | 128.55 M | |||
| Cash Per Share | 2.87 X | |||
| Total Debt | 611.85 M | |||
| Debt To Equity | 94.50 % | |||
| Current Ratio | 1.00 X | |||
| Book Value Per Share | 9.21 X | |||
| Cash Flow From Operations | 192.16 M | |||
| Earnings Per Share | 2.03 X | |||
| Price To Earnings To Growth | 5.88 X | |||
| Target Price | 59.33 | |||
| Number Of Employees | 2.07 K | |||
| Beta | 1.01 | |||
| Market Capitalization | 2.36 B | |||
| Total Asset | 1.41 B | |||
| Z Score | 1.8 | |||
| Annual Yield | 0.01 % | |||
| Net Asset | 1.41 B | |||
| Last Dividend Paid | 0.7 |
About Progressive Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Progressive Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Progressive Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Progressive Corp 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.
Currently Active Assets on Macroaxis
When determining whether Progressive Corp is a strong investment it is important to analyze Progressive Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Progressive Corp's future performance. For an informed investment choice regarding Progressive Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progressive Corp. 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. For more detail on how to invest in Progressive Stock please use our How to Invest in Progressive Corp guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Progressive Stock analysis
When running Progressive Corp's price analysis, check to measure Progressive Corp'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 Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
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