Even Construtora E Stock Return On Asset
| EVEN3 Stock | BRL 7.05 0.05 0.70% |
Even Construtora e fundamentals help investors to digest information that contributes to Even Construtora's financial success or failures. It also enables traders to predict the movement of Even Stock. The fundamental analysis module provides a way to measure Even Construtora'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 Even Construtora stock.
Even |
Even Construtora e Company Return On Asset Analysis
Even Construtora'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 Even Construtora Return On Asset | 0.0241 |
Most of Even Construtora'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, Even Construtora e 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, Even Construtora e has a Return On Asset of 0.0241. This is 94.87% lower than that of the Household Durables sector and 100.61% lower than that of the Consumer Discretionary industry. The return on asset for all Brazil stocks is 117.21% lower than that of the firm.
Even Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Even Construtora'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 Even Construtora could also be used in its relative valuation, which is a method of valuing Even Construtora by comparing valuation metrics of similar companies.Even Construtora is currently under evaluation in return on asset category among related companies.
Even Fundamentals
| Return On Equity | 0.0938 | |||
| Return On Asset | 0.0241 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 706.72 M | |||
| Shares Outstanding | 206.65 M | |||
| Shares Owned By Institutions | 77.50 % | |||
| Price To Earning | (8.29) X | |||
| Price To Book | 0.50 X | |||
| Price To Sales | 0.41 X | |||
| Revenue | 2.28 B | |||
| Gross Profit | 632.04 M | |||
| EBITDA | 356.13 M | |||
| Net Income | 231.21 M | |||
| Cash And Equivalents | 4.41 M | |||
| Cash Per Share | 3.39 X | |||
| Total Debt | 207.51 M | |||
| Debt To Equity | 84.60 % | |||
| Current Ratio | 2.96 X | |||
| Book Value Per Share | 9.37 X | |||
| Cash Flow From Operations | (41.37 M) | |||
| Earnings Per Share | 0.71 X | |||
| Price To Earnings To Growth | 1.09 X | |||
| Target Price | 7.49 | |||
| Number Of Employees | 23 | |||
| Beta | 0.99 | |||
| Market Capitalization | 948.53 M | |||
| Total Asset | 5.93 B | |||
| Retained Earnings | 554 M | |||
| Working Capital | 2.4 B | |||
| Current Asset | 3.59 B | |||
| Current Liabilities | 1.19 B | |||
| Z Score | 2.4 | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 3.91 % | |||
| Net Asset | 5.93 B | |||
| Last Dividend Paid | 0.15 |
About Even Construtora Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Even Construtora e's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Even Construtora using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Even Construtora e 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 Even Construtora 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, Even Construtora's short interest history, or implied volatility extrapolated from Even Construtora options trading.
Pair Trading with Even Construtora
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 Even Construtora 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 Even Construtora will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Even Construtora could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Even Construtora 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 Even Construtora - 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 Even Construtora e to buy it.
The correlation of Even Construtora 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 Even Construtora moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Even Construtora e 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 Even Construtora 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 Even Construtora e. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Even Construtora e information on this page should be used as a complementary analysis to other Even Construtora'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Even Stock analysis
When running Even Construtora's price analysis, check to measure Even Construtora'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 Even Construtora is operating at the current time. Most of Even Construtora's value examination focuses on studying past and present price action to predict the probability of Even Construtora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Even Construtora's price. Additionally, you may evaluate how the addition of Even Construtora to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |