Altus Power Etf Return On Asset
| AMPS Etf | USD 3.76 0.74 24.50% |
Altus Power fundamentals help investors to digest information that contributes to Altus Power's financial success or failures. It also enables traders to predict the movement of Altus Etf. The fundamental analysis module provides a way to measure Altus Power'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 Altus Power etf.
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Altus Power ETF Return On Asset Analysis
Altus Power'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 Altus Power Return On Asset | 0.0086 |
Most of Altus Power'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, Altus Power 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, Altus Power has a Return On Asset of 0.0086. This is much higher than that of the Electric Utilities family and significantly higher than that of the Utilities category. The return on asset for all United States etfs is notably lower than that of the firm.
Altus Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altus Power's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Altus Power could also be used in its relative valuation, which is a method of valuing Altus Power by comparing valuation metrics of similar companies.Altus Power is currently under evaluation in return on asset as compared to similar ETFs.
Fund Asset Allocation for Altus Power
The fund consists of 96.33% investments in fixed income securities, with the rest of funds allocated in various types of exotic instruments.Asset allocation divides Altus Power's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Altus Fundamentals
| Return On Equity | 0.0075 | ||||
| Return On Asset | 0.0086 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.35 % | ||||
| Current Valuation | 2.04 B | ||||
| Shares Outstanding | 159.99 M | ||||
| Shares Owned By Insiders | 44.77 % | ||||
| Shares Owned By Institutions | 53.18 % | ||||
| Number Of Shares Shorted | 8.9 M | ||||
| Price To Earning | 15.90 X | ||||
| Price To Book | 1.03 X | ||||
| Price To Sales | 2.80 X | ||||
| Revenue | 155.16 M | ||||
| Gross Profit | 83.63 M | ||||
| EBITDA | 78.09 M | ||||
| Net Income | (9.36 M) | ||||
| Cash And Equivalents | 290.89 M | ||||
| Cash Per Share | 1.83 X | ||||
| Total Debt | 1.39 B | ||||
| Debt To Equity | 1.44 % | ||||
| Current Ratio | 9.66 X | ||||
| Book Value Per Share | 3.07 X | ||||
| Cash Flow From Operations | 79.36 M | ||||
| Short Ratio | 8.71 X | ||||
| Earnings Per Share | 0.16 X | ||||
| Target Price | 5.56 | ||||
| Number Of Employees | 93 | ||||
| Beta | 0.97 | ||||
| Market Capitalization | 601.56 M | ||||
| Total Asset | 2.24 B | ||||
| Retained Earnings | (55.27 M) | ||||
| Working Capital | 122.29 M | ||||
| Year To Date Return | (2.44) % | ||||
| One Year Return | 4.04 % | ||||
| Three Year Return | 4.76 % | ||||
| Net Asset | 2.24 B | ||||
| Bond Positions Weight | 96.33 % |
About Altus Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altus Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altus Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altus Power based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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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Other Information on Investing in Altus Etf
Altus Power financial ratios help investors to determine whether Altus Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Altus with respect to the benefits of owning Altus Power security.