Rite Aid Stock Fundamentals
| RADDelisted Stock | USD 0.17 0.01 5.56% |
Rite Aid fundamentals help investors to digest information that contributes to Rite Aid's financial success or failures. It also enables traders to predict the movement of Rite Stock. The fundamental analysis module provides a way to measure Rite Aid'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 Rite Aid stock.
Rite |
Rite Aid Company Return On Equity Analysis
Rite Aid'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.
Current Rite Aid Return On Equity | -26.29 |
Most of Rite Aid'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, Rite Aid is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Rite Aid has a Return On Equity of -26.2885. This is 9.67% higher than that of the Consumer Staples Distribution & Retail sector and significantly lower than that of the Consumer Staples industry. The return on equity for all United States stocks is notably higher than that of the company.
Rite Aid Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rite Aid's current stock value. Our valuation model uses many indicators to compare Rite Aid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rite Aid competition to find correlations between indicators driving Rite Aid's intrinsic value. More Info.Rite Aid is rated below average in return on equity category among related companies. It is rated second in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Rite Aid by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Rite Aid's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Rite Aid's earnings, one of the primary drivers of an investment's value.Rite Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rite Aid'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 Rite Aid could also be used in its relative valuation, which is a method of valuing Rite Aid by comparing valuation metrics of similar companies.Rite Aid is currently under evaluation in return on equity category among related companies.
Rite Fundamentals
| Return On Equity | -26.29 | |||
| Return On Asset | 8.0E-4 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | 0.0004 % | |||
| Current Valuation | 6.08 B | |||
| Shares Outstanding | 56.7 M | |||
| Shares Owned By Insiders | 2.66 % | |||
| Shares Owned By Institutions | 49.33 % | |||
| Number Of Shares Shorted | 18.07 M | |||
| Price To Earning | 0.86 X | |||
| Price To Book | 3.77 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 24.09 B | |||
| Gross Profit | 4.8 B | |||
| EBITDA | 178.44 M | |||
| Net Income | (749.94 M) | |||
| Cash And Equivalents | 157.15 M | |||
| Cash Per Share | 0.83 X | |||
| Total Debt | 5.82 B | |||
| Current Ratio | 1.33 X | |||
| Book Value Per Share | (17.16) X | |||
| Cash Flow From Operations | (52.44 M) | |||
| Short Ratio | 2.68 X | |||
| Earnings Per Share | (14.34) X | |||
| Price To Earnings To Growth | 0.87 X | |||
| Target Price | 1.0 | |||
| Number Of Employees | 47 K | |||
| Beta | 1.29 | |||
| Market Capitalization | 36.76 M | |||
| Total Asset | 7.53 B | |||
| Retained Earnings | (6.6 B) | |||
| Working Capital | 573.17 M | |||
| Current Asset | 4.55 B | |||
| Current Liabilities | 3 B | |||
| Z Score | 2.14 | |||
| Five Year Return | 1.94 % | |||
| Net Asset | 7.53 B |
About Rite Aid Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Rite Aid's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rite Aid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rite Aid 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.Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in Philadelphia, Pennsylvania. Rite Aid operates under Diversified Wholesale And Retail classification in the United States and is traded on New York Stock Exchange. It employs 53000 people.
Currently Active Assets on Macroaxis
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Rite Aid information on this page should be used as a complementary analysis to other Rite Aid'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Rite Stock
If you are still planning to invest in Rite Aid 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 Rite Aid's history and understand the potential risks before investing.
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