Saga Return On Equity from 2010 to 2024

SGA Stock  USD 13.90  0.09  0.64%   
Saga Communications' Return On Equity is decreasing over the years with stable fluctuation. Return On Equity is expected to dwindle to 0.05. Return On Equity is a measure of the profitability of Saga Communications in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.05570247
Current Value
0.0538
Quarterly Volatility
0.08258062
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Saga Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Saga Communications' main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.9 M, Interest Expense of 164.3 K or Total Revenue of 118.1 M, as well as many indicators such as Price To Sales Ratio of 2.17, Dividend Yield of 0.16 or PTB Ratio of 0.75. Saga financial statements analysis is a perfect complement when working with Saga Communications Valuation or Volatility modules.
  
Check out the analysis of Saga Communications Correlation against competitors.
For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.

Latest Saga Communications' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Saga Communications over the last few years. Return on Equity is the amount of Saga Communications net income returned as a percentage of Saga Communications equity. Return on equity measures Saga Communications profitability by revealing how much profit Saga Communications generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Saga Communications' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Saga Communications' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.035510 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Saga Return On Equity Regression Statistics

Arithmetic Mean0.1
Geometric Mean0.08
Coefficient Of Variation86.69
Mean Deviation0.06
Median0.07
Standard Deviation0.08
Sample Variance0.01
Range0.3519
R-Value(0.25)
Mean Square Error0.01
R-Squared0.06
Significance0.38
Slope(0)
Total Sum of Squares0.1

Saga Return On Equity History

2024 0.0538
2023 0.0557
2022 0.0515
2021 0.0567
2020 -0.01
2019 0.069
2018 0.074

About Saga Communications Financial Statements

Saga Communications stakeholders use historical fundamental indicators, such as Saga Communications' Return On Equity, to determine how well the company is positioned to perform in the future. Although Saga Communications investors may analyze each financial statement separately, they are all interrelated. For example, changes in Saga Communications' assets and liabilities are reflected in the revenues and expenses on Saga Communications' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Saga Communications. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.06  0.05 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Saga Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Saga Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Saga Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Saga Communications Stock:
Check out the analysis of Saga Communications Correlation against competitors.
For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Broadcasting space 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 Saga Communications. If investors know Saga 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 Saga Communications 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
(0.27)
Dividend Share
1.6
Earnings Share
1
Revenue Per Share
18.42
Quarterly Revenue Growth
(0.01)
The market value of Saga Communications is measured differently than its book value, which is the value of Saga that is recorded on the company's balance sheet. Investors also form their own opinion of Saga Communications' value that differs from its market value or its book value, called intrinsic value, which is Saga Communications' 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 Saga Communications' market value can be influenced by many factors that don't directly affect Saga Communications' 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 Saga Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Saga Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saga Communications' 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.