La Z Boy Incorporated Stock Return On Asset

LZB Stock  USD 43.18  0.14  0.32%   
La Z Boy Incorporated fundamentals help investors to digest information that contributes to La Z's financial success or failures. It also enables traders to predict the movement of LZB Stock. The fundamental analysis module provides a way to measure La Z'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 La Z stock.
The current year's Return On Assets is expected to grow to 0.08.
  
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La Z Boy Incorporated Company Return On Asset Analysis

La Z'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current La Z Return On Asset

    
  0.0521  
Most of La Z'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, La Z Boy Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

LZB Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for La Z is extremely important. It helps to project a fair market value of LZB Stock properly, considering its historical fundamentals such as Return On Asset. Since La Z'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 La Z'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 La Z's interrelated accounts and indicators.
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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

LZB Total Assets

Total Assets

2.01 Billion

At present, La Z's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, La Z Boy Incorporated has a Return On Asset of 0.0521. This is 95.22% lower than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 137.21% lower than that of the firm.

LZB Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses La Z's 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 La Z could also be used in its relative valuation, which is a method of valuing La Z by comparing valuation metrics of similar companies.
La Z is currently under evaluation in return on asset category among its peers.

La Z 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, La Z's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to La Z's managers, analysts, and investors.
Environmental
Governance
Social

LZB Fundamentals

About La Z Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze La Z Boy Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of La Z using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of La Z Boy Incorporated 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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When determining whether La Z Boy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of La Z's 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 La Z Boy Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on La Z Boy Incorporated Stock:
Check out La Z Piotroski F Score and La Z Altman Z Score analysis.
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Is Household Durables 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 La Z. If investors know LZB 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 La Z 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
(0.03)
Dividend Share
0.782
Earnings Share
2.81
Revenue Per Share
48.399
Quarterly Revenue Growth
0.029
The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z'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 La Z's market value can be influenced by many factors that don't directly affect La Z'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 La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z'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.