Suncar Technology Group Stock Return On Asset
| SDA Stock | 8.30 0.67 8.78% |
SunCar Technology Group fundamentals help investors to digest information that contributes to SunCar Technology's financial success or failures. It also enables traders to predict the movement of SunCar Stock. The fundamental analysis module provides a way to measure SunCar Technology'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 SunCar Technology stock.
As of April 30, 2024, Return On Assets is expected to decline to -0.03. SunCar | Return On Asset |
SunCar Technology Group Company Return On Asset Analysis
SunCar Technology'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.
Current SunCar Technology Return On Asset | -0.0499 |
Most of SunCar Technology'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, SunCar Technology Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SunCar Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for SunCar Technology is extremely important. It helps to project a fair market value of SunCar Stock properly, considering its historical fundamentals such as Return On Asset. Since SunCar Technology'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 SunCar Technology'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 SunCar Technology'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.
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SunCar Total Assets
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Based on the latest financial disclosure, SunCar Technology Group has a Return On Asset of -0.0499. This is 104.58% lower than that of the Internet & Direct Marketing Retail sector and 106.4% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 64.36% lower than that of the firm.
SunCar Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SunCar Technology'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 SunCar Technology could also be used in its relative valuation, which is a method of valuing SunCar Technology by comparing valuation metrics of similar companies.SunCar Technology is currently under evaluation in return on asset category among related companies.
SunCar Fundamentals
| Return On Equity | -0.31 | ||||
| Return On Asset | -0.0499 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 767.49 M | ||||
| Shares Outstanding | 38.48 M | ||||
| Shares Owned By Insiders | 54.94 % | ||||
| Shares Owned By Institutions | 0.39 % | ||||
| Number Of Shares Shorted | 120.42 K | ||||
| Price To Book | 66.67 X | ||||
| Price To Sales | 1.95 X | ||||
| Revenue | 282.41 M | ||||
| Gross Profit | 50.12 M | ||||
| EBITDA | (1.76 M) | ||||
| Net Income | (10.9 M) | ||||
| Total Debt | 74.97 M | ||||
| Book Value Per Share | 0.11 X | ||||
| Cash Flow From Operations | (16.14 M) | ||||
| Short Ratio | 0.44 X | ||||
| Earnings Per Share | (0.10) X | ||||
| Beta | -0.21 | ||||
| Market Capitalization | 704.84 M | ||||
| Total Asset | 191.97 M | ||||
| Retained Earnings | (99.58 M) | ||||
| Working Capital | (9.84 M) | ||||
| Net Asset | 191.97 M |
About SunCar Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SunCar Technology Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SunCar Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SunCar Technology Group 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 SunCar Technology is a strong investment it is important to analyze SunCar Technology'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 SunCar Technology's future performance. For an informed investment choice regarding SunCar Stock, refer to the following important reports:Check out SunCar Technology Piotroski F Score and SunCar Technology Altman Z Score analysis. Note that the SunCar Technology information on this page should be used as a complementary analysis to other SunCar Technology'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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for SunCar Stock analysis
When running SunCar Technology's price analysis, check to measure SunCar Technology'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 SunCar Technology is operating at the current time. Most of SunCar Technology's value examination focuses on studying past and present price action to predict the probability of SunCar Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunCar Technology's price. Additionally, you may evaluate how the addition of SunCar Technology to your portfolios can decrease your overall portfolio volatility.
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Is SunCar Technology'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 SunCar Technology. If investors know SunCar 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 SunCar Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.10) | Revenue Per Share 1.405 | Quarterly Revenue Growth 0.278 | Return On Assets (0.05) | Return On Equity (0.31) |
The market value of SunCar Technology is measured differently than its book value, which is the value of SunCar that is recorded on the company's balance sheet. Investors also form their own opinion of SunCar Technology's value that differs from its market value or its book value, called intrinsic value, which is SunCar Technology'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 SunCar Technology's market value can be influenced by many factors that don't directly affect SunCar Technology'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 SunCar Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCar Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCar Technology'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.