Blackberry Stock Return On Asset
| BB Stock | USD 2.80 0.05 1.82% |
BlackBerry fundamentals help investors to digest information that contributes to BlackBerry's financial success or failures. It also enables traders to predict the movement of BlackBerry Stock. The fundamental analysis module provides a way to measure BlackBerry'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 BlackBerry stock.
The current year's Return On Assets is expected to grow to -0.09. BlackBerry | Return On Asset |
BlackBerry Company Return On Asset Analysis
BlackBerry'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 BlackBerry Return On Asset | -0.0142 |
Most of BlackBerry'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, BlackBerry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
BlackBerry Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for BlackBerry is extremely important. It helps to project a fair market value of BlackBerry Stock properly, considering its historical fundamentals such as Return On Asset. Since BlackBerry'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 BlackBerry'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 BlackBerry's interrelated accounts and indicators.
Click cells to compare fundamentals
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 |
BlackBerry Total Assets
Total Assets |
|
Based on the latest financial disclosure, BlackBerry has a Return On Asset of -0.0142. This is 99.51% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is 89.86% lower than that of the firm.
BlackBerry Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BlackBerry'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 BlackBerry could also be used in its relative valuation, which is a method of valuing BlackBerry by comparing valuation metrics of similar companies.BlackBerry is currently under evaluation in return on asset category among related companies.
BlackBerry Fundamentals
| Return On Equity | -0.16 | ||||
| Return On Asset | -0.0142 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 1.64 B | ||||
| Shares Outstanding | 589.23 M | ||||
| Shares Owned By Insiders | 1.67 % | ||||
| Shares Owned By Institutions | 53.02 % | ||||
| Number Of Shares Shorted | 47.87 M | ||||
| Price To Earning | 50.47 X | ||||
| Price To Book | 2.32 X | ||||
| Price To Sales | 2.12 X | ||||
| Revenue | 847.88 M | ||||
| Gross Profit | 467 M | ||||
| EBITDA | 23.86 M | ||||
| Net Income | (129.22 M) | ||||
| Cash And Equivalents | 295 M | ||||
| Cash Per Share | 1.11 X | ||||
| Total Debt | 251.65 M | ||||
| Debt To Equity | 0.40 % | ||||
| Current Ratio | 1.82 X | ||||
| Book Value Per Share | 1.32 X | ||||
| Cash Flow From Operations | (2.98 M) | ||||
| Short Ratio | 4.33 X | ||||
| Earnings Per Share | (0.22) X | ||||
| Price To Earnings To Growth | 0.13 X | ||||
| Target Price | 3.59 | ||||
| Number Of Employees | 2.65 K | ||||
| Beta | 1.1 | ||||
| Market Capitalization | 1.62 B | ||||
| Total Asset | 1.39 B | ||||
| Retained Earnings | (2.16 B) | ||||
| Working Capital | 152 M | ||||
| Current Asset | 2.4 B | ||||
| Current Liabilities | 826.98 M | ||||
| Net Asset | 1.39 B |
About BlackBerry Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BlackBerry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlackBerry using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlackBerry 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 BlackBerry
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 BlackBerry 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 BlackBerry will appreciate offsetting losses from the drop in the long position's value.Moving against BlackBerry Stock
| 0.42 | VRNT | Verint Systems Financial Report 5th of June 2024 | PairCorr |
| 0.42 | EEFT | Euronet Worldwide Financial Report 7th of May 2024 | PairCorr |
The ability to find closely correlated positions to BlackBerry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackBerry 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 BlackBerry - 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 BlackBerry to buy it.
The correlation of BlackBerry 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 BlackBerry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackBerry 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 BlackBerry 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 BlackBerry Piotroski F Score and BlackBerry Altman Z Score analysis. For information on how to trade BlackBerry Stock refer to our How to Trade BlackBerry Stock guide.Note that the BlackBerry information on this page should be used as a complementary analysis to other BlackBerry's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for BlackBerry Stock analysis
When running BlackBerry's price analysis, check to measure BlackBerry'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 BlackBerry is operating at the current time. Most of BlackBerry's value examination focuses on studying past and present price action to predict the probability of BlackBerry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlackBerry's price. Additionally, you may evaluate how the addition of BlackBerry to your portfolios can decrease your overall portfolio volatility.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Stocks Directory Find actively traded stocks across global markets | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |
Is BlackBerry'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 BlackBerry. If investors know BlackBerry 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 BlackBerry listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Revenue Per Share 1.459 | Quarterly Revenue Growth 0.146 | Return On Assets (0.01) | Return On Equity (0.16) |
The market value of BlackBerry is measured differently than its book value, which is the value of BlackBerry that is recorded on the company's balance sheet. Investors also form their own opinion of BlackBerry's value that differs from its market value or its book value, called intrinsic value, which is BlackBerry'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 BlackBerry's market value can be influenced by many factors that don't directly affect BlackBerry'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 BlackBerry's value and its price as these two are different measures arrived at by different means. Investors typically determine if BlackBerry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackBerry'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.