Zk International Group Stock Return On Equity
| ZKIN Stock | USD 0.68 0.02 3.03% |
ZK International Group fundamentals help investors to digest information that contributes to ZK International's financial success or failures. It also enables traders to predict the movement of ZKIN Stock. The fundamental analysis module provides a way to measure ZK International'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 ZK International stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.12) | (0.11) |
ZKIN | Return On Equity |
ZK International Group Company Return On Equity Analysis
ZK International's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current ZK International Return On Equity | -0.0691 |
Most of ZK International's fundamental indicators, such as Return On Equity, 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, ZK International Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ZKIN Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for ZK International is extremely important. It helps to project a fair market value of ZKIN Stock properly, considering its historical fundamentals such as Return On Equity. Since ZK International'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 ZK International'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 ZK International's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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ZKIN Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, ZK International Group has a Return On Equity of -0.0691. This is 107.59% lower than that of the Metals & Mining sector and 100.65% lower than that of the Materials industry. The return on equity for all United States stocks is 77.71% lower than that of the firm.
ZKIN Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ZK International's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ZK International could also be used in its relative valuation, which is a method of valuing ZK International by comparing valuation metrics of similar companies.ZK International is currently under evaluation in return on equity category among related companies.
ZK International Current Valuation Drivers
We derive many important indicators used in calculating different scores of ZK International from analyzing ZK International's financial statements. These drivers represent accounts that assess ZK International's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ZK International's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 20.4M | 19.9M | 61.0M | 24.7M | 28.5M | 50.5M | |
| Enterprise Value | 33.5M | 34.3M | 72.1M | 37.6M | 43.2M | 68.7M |
ZKIN Fundamentals
| Return On Equity | -0.0691 | ||||
| Return On Asset | -0.0065 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 39.18 M | ||||
| Shares Outstanding | 30.39 M | ||||
| Shares Owned By Insiders | 28.11 % | ||||
| Shares Owned By Institutions | 0.25 % | ||||
| Number Of Shares Shorted | 52.83 K | ||||
| Price To Earning | 15.97 X | ||||
| Price To Book | 0.22 X | ||||
| Price To Sales | 0.19 X | ||||
| Revenue | 102.39 M | ||||
| Gross Profit | 7.6 M | ||||
| EBITDA | 309.26 K | ||||
| Net Income | (6.05 M) | ||||
| Cash And Equivalents | 5.48 M | ||||
| Cash Per Share | 0.19 X | ||||
| Total Debt | 20.33 M | ||||
| Debt To Equity | 0.25 % | ||||
| Current Ratio | 1.89 X | ||||
| Book Value Per Share | 2.85 X | ||||
| Cash Flow From Operations | (2.07 M) | ||||
| Short Ratio | 2.01 X | ||||
| Earnings Per Share | (0.21) X | ||||
| Number Of Employees | 280 | ||||
| Beta | 2.13 | ||||
| Market Capitalization | 19.91 M | ||||
| Total Asset | 128.92 M | ||||
| Retained Earnings | 13.39 M | ||||
| Working Capital | 22.92 M | ||||
| Net Asset | 128.92 M |
About ZK International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ZK International Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ZK International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ZK International Group 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.
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Check out ZK International Piotroski F Score and ZK International Altman Z Score analysis. 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.
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When running ZK International's price analysis, check to measure ZK International'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 ZK International is operating at the current time. Most of ZK International's value examination focuses on studying past and present price action to predict the probability of ZK International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ZK International's price. Additionally, you may evaluate how the addition of ZK International to your portfolios can decrease your overall portfolio volatility.
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Is ZK International'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 ZK International. If investors know ZKIN 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 ZK International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Earnings Share (0.21) | Revenue Per Share 3.657 | Quarterly Revenue Growth 0.158 | Return On Assets (0.01) |
The market value of ZK International is measured differently than its book value, which is the value of ZKIN that is recorded on the company's balance sheet. Investors also form their own opinion of ZK International's value that differs from its market value or its book value, called intrinsic value, which is ZK International'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 ZK International's market value can be influenced by many factors that don't directly affect ZK International'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 ZK International's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZK International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZK International'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.