Aerovate Therapeutics Stock Return On Equity
| AVTE Stock | USD 2.32 0.04 1.69% |
Aerovate Therapeutics fundamentals help investors to digest information that contributes to Aerovate Therapeutics' financial success or failures. It also enables traders to predict the movement of Aerovate Stock. The fundamental analysis module provides a way to measure Aerovate Therapeutics' 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 Aerovate Therapeutics stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.69) | (0.66) |
Aerovate | Return On Equity |
Aerovate Therapeutics Company Return On Equity Analysis
Aerovate Therapeutics' 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 Aerovate Therapeutics Return On Equity | -0.74 |
Most of Aerovate Therapeutics' 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, Aerovate Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Aerovate Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Aerovate Therapeutics is extremely important. It helps to project a fair market value of Aerovate Stock properly, considering its historical fundamentals such as Return On Equity. Since Aerovate Therapeutics' 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 Aerovate Therapeutics' 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 Aerovate Therapeutics' 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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Aerovate Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Aerovate Therapeutics has a Return On Equity of -0.7442. This is 96.9% lower than that of the Biotechnology sector and 97.96% lower than that of the Health Care industry. The return on equity for all United States stocks is 140.06% higher than that of the company.
Aerovate Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aerovate Therapeutics' 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 Aerovate Therapeutics could also be used in its relative valuation, which is a method of valuing Aerovate Therapeutics by comparing valuation metrics of similar companies.Aerovate Therapeutics is currently under evaluation in return on equity category among its peers.
Aerovate Therapeutics ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Aerovate Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Aerovate Therapeutics' managers, analysts, and investors.Environmental | Governance | Social |
Aerovate Fundamentals
| Return On Equity | -0.74 | ||||
| Return On Asset | -0.44 | ||||
| Current Valuation | (35.39 M) | ||||
| Shares Outstanding | 28.87 M | ||||
| Shares Owned By Insiders | 0.02 % | ||||
| Shares Owned By Institutions | 99.98 % | ||||
| Number Of Shares Shorted | 846.45 K | ||||
| Price To Earning | 0.64 X | ||||
| Price To Book | 0.65 X | ||||
| EBITDA | (81.31 M) | ||||
| Net Income | (75.52 M) | ||||
| Cash And Equivalents | 151.99 M | ||||
| Cash Per Share | 6.22 X | ||||
| Total Debt | 675 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 40.85 X | ||||
| Book Value Per Share | 3.27 X | ||||
| Cash Flow From Operations | (56.78 M) | ||||
| Short Ratio | 3.83 X | ||||
| Earnings Per Share | (3.13) X | ||||
| Target Price | 2.33 | ||||
| Number Of Employees | 51 | ||||
| Beta | 1.03 | ||||
| Market Capitalization | 68.13 M | ||||
| Total Asset | 127.42 M | ||||
| Retained Earnings | (163.42 M) | ||||
| Working Capital | 106.59 M | ||||
| Net Asset | 127.42 M |
About Aerovate Therapeutics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aerovate Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aerovate Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aerovate Therapeutics 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 Aerovate Therapeutics Piotroski F Score and Aerovate Therapeutics Altman Z Score analysis. For information on how to trade Aerovate Stock refer to our How to Trade Aerovate Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Biotechnology 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 Aerovate Therapeutics. If investors know Aerovate 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 Aerovate Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.13) | Return On Assets (0.44) | Return On Equity (0.74) |
The market value of Aerovate Therapeutics is measured differently than its book value, which is the value of Aerovate that is recorded on the company's balance sheet. Investors also form their own opinion of Aerovate Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Aerovate Therapeutics' 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 Aerovate Therapeutics' market value can be influenced by many factors that don't directly affect Aerovate Therapeutics' 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 Aerovate Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aerovate Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aerovate Therapeutics' 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.