Ruentex Engineering Construction Stock Return On Asset

2597 Stock  TWD 171.00  1.00  0.59%   
Ruentex Engineering Construction fundamentals help investors to digest information that contributes to Ruentex Engineering's financial success or failures. It also enables traders to predict the movement of Ruentex Stock. The fundamental analysis module provides a way to measure Ruentex Engineering'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 Ruentex Engineering stock.
  
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Ruentex Engineering Construction Company Return On Asset Analysis

Ruentex Engineering'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

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Current Ruentex Engineering Return On Asset

    
  0.0857  
Most of Ruentex Engineering'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, Ruentex Engineering Construction 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, Ruentex Engineering Construction has a Return On Asset of 0.0857. This is 116.8% lower than that of the Construction & Engineering sector and 85.47% lower than that of the Industrials industry. The return on asset for all Taiwan stocks is 161.21% lower than that of the firm.

Ruentex Return On Asset Peer Comparison

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

Ruentex Fundamentals

About Ruentex Engineering Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ruentex Engineering Construction's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ruentex Engineering using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ruentex Engineering Construction 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 running Ruentex Engineering's price analysis, check to measure Ruentex Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ruentex Engineering is operating at the current time. Most of Ruentex Engineering's value examination focuses on studying past and present price action to predict the probability of Ruentex Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ruentex Engineering's price. Additionally, you may evaluate how the addition of Ruentex Engineering to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Ruentex Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ruentex Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ruentex Engineering'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.