Turtle Beach Corp Stock Return On Equity

HEAR Stock  USD 17.24  0.05  0.29%   
Turtle Beach Corp fundamentals help investors to digest information that contributes to Turtle Beach's financial success or failures. It also enables traders to predict the movement of Turtle Stock. The fundamental analysis module provides a way to measure Turtle Beach'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 Turtle Beach stock.
As of 03/28/2024, Return On Equity is likely to drop to -0.22.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Turtle Return On Equity Analysis

Turtle Beach's 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.

Turtle Beach Return On Equity

(0.22)

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Turtle Beach Return On Equity

    
  -0.2  
Most of Turtle Beach's 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, Turtle Beach Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Turtle Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Turtle Beach is extremely important. It helps to project a fair market value of Turtle Stock properly, considering its historical fundamentals such as Return On Equity. Since Turtle Beach'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 Turtle Beach'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 Turtle Beach's interrelated accounts and indicators.
0.830.860.950.810.810.80.930.55-0.01-0.270.760.340.310.540.610.820.550.040.640.190.180.56-0.520.230.580.590.35
0.830.760.90.650.920.620.960.06-0.29-0.460.880.050.00.770.110.90.530.10.790.240.380.76-0.680.420.840.830.47
0.860.760.890.440.640.380.790.43-0.440.10.74-0.12-0.140.750.560.610.490.160.340.450.230.28-0.18-0.140.710.720.47
0.950.90.890.690.810.670.940.36-0.25-0.230.80.120.130.690.460.810.50.020.610.360.360.54-0.470.240.70.720.39
0.810.650.440.690.810.940.770.450.44-0.680.480.690.60.20.450.860.590.080.81-0.350.080.75-0.750.590.250.250.25
0.810.920.640.810.810.710.930.07-0.06-0.670.790.250.130.650.120.990.690.270.91-0.10.190.87-0.790.580.70.690.56
0.80.620.380.670.940.710.750.490.52-0.620.50.760.730.090.450.760.42-0.130.76-0.210.070.69-0.750.590.220.210.08
0.930.960.790.940.770.930.750.22-0.13-0.470.890.230.170.690.280.930.590.10.80.20.230.75-0.690.460.760.770.47
0.550.060.430.360.450.070.490.220.40.250.020.480.51-0.20.890.110.05-0.260.02-0.02-0.02-0.070.02-0.37-0.22-0.21-0.23
-0.01-0.29-0.44-0.250.44-0.060.52-0.130.4-0.37-0.340.910.82-0.750.240.01-0.14-0.310.18-0.68-0.320.13-0.250.33-0.64-0.67-0.47
-0.27-0.460.1-0.23-0.68-0.67-0.62-0.470.25-0.37-0.32-0.46-0.38-0.150.29-0.71-0.54-0.29-0.850.550.01-0.870.89-0.91-0.25-0.22-0.35
0.760.880.740.80.480.790.50.890.02-0.34-0.32-0.06-0.030.790.080.770.550.20.660.430.00.64-0.580.340.880.890.6
0.340.05-0.120.120.690.250.760.230.480.91-0.46-0.060.8-0.490.390.310.01-0.350.39-0.56-0.150.32-0.40.47-0.37-0.41-0.38
0.310.0-0.140.130.60.130.730.170.510.82-0.38-0.030.8-0.490.420.220.05-0.250.31-0.35-0.170.25-0.40.36-0.38-0.36-0.25
0.540.770.750.690.20.650.090.69-0.2-0.75-0.150.79-0.49-0.49-0.050.60.630.480.430.470.210.45-0.320.130.960.960.76
0.610.110.560.460.450.120.450.280.890.240.290.080.390.42-0.050.160.18-0.09-0.080.07-0.05-0.180.17-0.33-0.11-0.1-0.06
0.820.90.610.810.860.990.760.930.110.01-0.710.770.310.220.60.160.710.270.92-0.140.170.89-0.820.610.650.650.55
0.550.530.490.50.590.690.420.590.05-0.14-0.540.550.010.050.630.180.710.820.6-0.17-0.180.62-0.570.370.580.590.89
0.040.10.160.020.080.27-0.130.1-0.26-0.31-0.290.2-0.35-0.250.48-0.090.270.820.18-0.21-0.330.24-0.180.10.370.380.89
0.640.790.340.610.810.910.760.80.020.18-0.850.660.390.310.43-0.080.920.60.18-0.280.150.99-0.970.730.530.520.42
0.190.240.450.36-0.35-0.1-0.210.2-0.02-0.680.550.43-0.56-0.350.470.07-0.14-0.17-0.21-0.280.17-0.280.3-0.340.480.530.07
0.180.380.230.360.080.190.070.23-0.02-0.320.010.0-0.15-0.170.21-0.050.17-0.18-0.330.150.170.14-0.1-0.040.20.18-0.22
0.560.760.280.540.750.870.690.75-0.070.13-0.870.640.320.250.45-0.180.890.620.240.99-0.280.14-0.980.740.550.530.46
-0.52-0.68-0.18-0.47-0.75-0.79-0.75-0.690.02-0.250.89-0.58-0.4-0.4-0.320.17-0.82-0.57-0.18-0.970.3-0.1-0.98-0.76-0.45-0.44-0.38
0.230.42-0.140.240.590.580.590.46-0.370.33-0.910.340.470.360.13-0.330.610.370.10.73-0.34-0.040.74-0.760.260.240.21
0.580.840.710.70.250.70.220.76-0.22-0.64-0.250.88-0.37-0.380.96-0.110.650.580.370.530.480.20.55-0.450.260.980.68
0.590.830.720.720.250.690.210.77-0.21-0.67-0.220.89-0.41-0.360.96-0.10.650.590.380.520.530.180.53-0.440.240.980.72
0.350.470.470.390.250.560.080.47-0.23-0.47-0.350.6-0.38-0.250.76-0.060.550.890.890.420.07-0.220.46-0.380.210.680.72
Click cells to compare fundamentals
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.
Competition

Turtle Total Stockholder Equity

Total Stockholder Equity

47.52 Million

At this time, Turtle Beach's Total Stockholder Equity is relatively stable compared to the past year.
Based on the latest financial disclosure, Turtle Beach Corp has a Return On Equity of -0.2032. This is 98.31% lower than that of the Household Durables sector and 103.64% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 34.45% lower than that of the firm.

Turtle Return On Equity Peer Comparison

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

Turtle Fundamentals

About Turtle Beach Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Turtle Beach Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Turtle Beach using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Turtle Beach Corp 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.
Last ReportedProjected for 2024
Return On Equity(0.21)(0.22)

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Turtle Beach Corp is a strong investment it is important to analyze Turtle Beach's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Turtle Beach's future performance. For an informed investment choice regarding Turtle Stock, refer to the following important reports:
Check out Turtle Beach Piotroski F Score and Turtle Beach Altman Z Score analysis.
Note that the Turtle Beach Corp information on this page should be used as a complementary analysis to other Turtle Beach's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Turtle Stock analysis

When running Turtle Beach's price analysis, check to measure Turtle Beach'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 Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Transaction History
View history of all your transactions and understand their impact on performance
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Is Turtle Beach's industry 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 Turtle Beach. If investors know Turtle 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 Turtle Beach 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
(0.73)
Earnings Share
(1.03)
Revenue Per Share
15.064
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.06)
The market value of Turtle Beach Corp is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach'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 Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach'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 Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turtle Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach'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.