Ruby Tech Stock Return On Asset

8048 Stock  TWD 66.60  6.00  9.90%   
Ruby Tech fundamentals help investors to digest information that contributes to Ruby Tech's financial success or failures. It also enables traders to predict the movement of Ruby Stock. The fundamental analysis module provides a way to measure Ruby Tech'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 Ruby Tech stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ruby Tech Company Return On Asset Analysis

Ruby Tech'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 Ruby Tech Return On Asset

    
  0.0558  
Most of Ruby Tech'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, Ruby Tech 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, Ruby Tech has a Return On Asset of 0.0558. This is 101.93% lower than that of the Technology sector and 103.77% lower than that of the Communication Equipment industry. The return on asset for all Taiwan stocks is 139.86% lower than that of the firm.

Ruby Return On Asset Peer Comparison

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

Ruby Fundamentals

About Ruby Tech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ruby Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ruby Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ruby Tech 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ruby Tech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ruby Tech's short interest history, or implied volatility extrapolated from Ruby Tech options trading.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ruby Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Ruby Stock analysis

When running Ruby Tech's price analysis, check to measure Ruby Tech'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 Ruby Tech is operating at the current time. Most of Ruby Tech's value examination focuses on studying past and present price action to predict the probability of Ruby Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ruby Tech's price. Additionally, you may evaluate how the addition of Ruby Tech to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Please note, there is a significant difference between Ruby Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ruby Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ruby Tech'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.