Zoetis Inc Stock Return On Asset
ZTS Stock | USD 168.51 2.84 1.71% |
Zoetis Inc fundamentals help investors to digest information that contributes to Zoetis' financial success or failures. It also enables traders to predict the movement of Zoetis Stock. The fundamental analysis module provides a way to measure Zoetis' 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 Zoetis stock.
Return On Assets is likely to gain to 0.17 in 2024. Zoetis | Return On Asset |
Zoetis Return On Asset Analysis
Zoetis' 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.
More About Return On Asset | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Other Non Cash Items | 96M | 259M | 31M | 29.5M | Depreciation | 448M | 465M | 491M | 320.7M |
Return On Asset | = | Net IncomeTotal Assets |
Current Zoetis Return On Asset | 0.13 |
Most of Zoetis' 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, Zoetis Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Zoetis Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Zoetis is extremely important. It helps to project a fair market value of Zoetis Stock properly, considering its historical fundamentals such as Return On Asset. Since Zoetis' 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 Zoetis' 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 Zoetis' 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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Zoetis Total Assets
Total Assets |
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Based on the latest financial disclosure, Zoetis Inc has a Return On Asset of 0.1315. This is 101.5% lower than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The return on asset for all United States stocks is 193.93% lower than that of the firm.
Zoetis Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zoetis' 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 Zoetis could also be used in its relative valuation, which is a method of valuing Zoetis by comparing valuation metrics of similar companies.Zoetis is currently under evaluation in return on asset category among related companies.
Zoetis ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Zoetis' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Zoetis' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Zoetis Fundamentals
Return On Equity | 0.5 | ||||
Return On Asset | 0.13 | ||||
Profit Margin | 0.27 % | ||||
Operating Margin | 0.32 % | ||||
Current Valuation | 81.87 B | ||||
Shares Outstanding | 457.87 M | ||||
Shares Owned By Insiders | 0.24 % | ||||
Shares Owned By Institutions | 95.40 % | ||||
Number Of Shares Shorted | 3.77 M | ||||
Price To Earning | 43.89 X | ||||
Price To Book | 15.44 X | ||||
Price To Sales | 9.03 X | ||||
Revenue | 8.54 B | ||||
Gross Profit | 5.63 B | ||||
EBITDA | 3.56 B | ||||
Net Income | 2.34 B | ||||
Cash And Equivalents | 3.58 B | ||||
Cash Per Share | 5.88 X | ||||
Total Debt | 6.8 B | ||||
Debt To Equity | 1.48 % | ||||
Current Ratio | 2.18 X | ||||
Book Value Per Share | 10.90 X | ||||
Cash Flow From Operations | 2.35 B | ||||
Short Ratio | 1.64 X | ||||
Earnings Per Share | 5.07 X | ||||
Price To Earnings To Growth | 2.90 X | ||||
Target Price | 225.85 | ||||
Number Of Employees | 14.1 K | ||||
Beta | 0.87 | ||||
Market Capitalization | 77.16 B | ||||
Total Asset | 14.29 B | ||||
Retained Earnings | 10.29 B | ||||
Working Capital | 4.45 B | ||||
Current Asset | 3.83 B | ||||
Current Liabilities | 1.78 B | ||||
Z Score | 9.61 | ||||
Annual Yield | 0.01 % | ||||
Five Year Return | 0.55 % | ||||
Net Asset | 14.29 B | ||||
Last Dividend Paid | 1.5 |
About Zoetis Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zoetis Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zoetis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zoetis Inc 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 Reported | Projected for 2024 | ||
Return On Assets | 0.16 | 0.17 |
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Is Zoetis' 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 Zoetis. If investors know Zoetis 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 Zoetis 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 0.164 | Dividend Share 1.5 | Earnings Share 5.07 | Revenue Per Share 18.527 | Quarterly Revenue Growth 0.085 |
The market value of Zoetis Inc is measured differently than its book value, which is the value of Zoetis that is recorded on the company's balance sheet. Investors also form their own opinion of Zoetis' value that differs from its market value or its book value, called intrinsic value, which is Zoetis' 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 Zoetis' market value can be influenced by many factors that don't directly affect Zoetis' 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 Zoetis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zoetis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zoetis' 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.