Idex Biometrics Asa Stock Return On Asset
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Idex Biometrics' long-term financial health and intrinsic value.
Idex |
Idex Biometrics ASA Company Return On Asset Analysis
Idex Biometrics' 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 Idex Biometrics Return On Asset | -0.71 |
Most of Idex Biometrics' 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, Idex Biometrics ASA 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.
CompetitionBased on the latest financial disclosure, Idex Biometrics ASA has a Return On Asset of -0.7089. This is 75.47% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on asset for all United States stocks is notably higher than that of the company.
Idex Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Idex Biometrics' 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 Idex Biometrics could also be used in its relative valuation, which is a method of valuing Idex Biometrics by comparing valuation metrics of similar companies.Idex Biometrics is currently under evaluation in return on asset category among its peers.
Idex Fundamentals
| Return On Equity | -1.41 | |||
| Return On Asset | -0.71 | |||
| Operating Margin | (6.35) % | |||
| Current Valuation | 76.81 M | |||
| Shares Outstanding | 17.55 M | |||
| Shares Owned By Insiders | 2.28 % | |||
| Shares Owned By Institutions | 0.01 % | |||
| Price To Book | 9.40 X | |||
| Price To Sales | 37.10 X | |||
| Revenue | 4.09 M | |||
| Gross Profit | 848 K | |||
| EBITDA | (31.31 M) | |||
| Net Income | (32.66 M) | |||
| Cash And Equivalents | 16.32 M | |||
| Cash Per Share | 1.21 X | |||
| Total Debt | 119 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 7.85 X | |||
| Book Value Per Share | 1.12 X | |||
| Cash Flow From Operations | (31.9 M) | |||
| Earnings Per Share | (2.43) X | |||
| Target Price | 30.0 | |||
| Number Of Employees | 104 | |||
| Beta | 1.97 | |||
| Market Capitalization | 90.79 M | |||
| Total Asset | 29.02 M | |||
| Working Capital | 18.8 M | |||
| Net Asset | 29.02 M |
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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Idex Stock
If you are still planning to invest in Idex Biometrics ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Idex Biometrics' history and understand the potential risks before investing.
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