Dbv Technologies Stock Return On Asset
| DBVT Stock | USD 0.66 0.02 2.94% |
DBV Technologies fundamentals help investors to digest information that contributes to DBV Technologies' financial success or failures. It also enables traders to predict the movement of DBV Stock. The fundamental analysis module provides a way to measure DBV Technologies' 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 DBV Technologies stock.
Return On Assets is likely to drop to -0.42 in 2024. DBV | Return On Asset |
DBV Technologies Company Return On Asset Analysis
DBV Technologies' 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 DBV Technologies Return On Asset | -0.22 |
Most of DBV Technologies' 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, DBV Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
DBV Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for DBV Technologies is extremely important. It helps to project a fair market value of DBV Stock properly, considering its historical fundamentals such as Return On Asset. Since DBV Technologies' 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 DBV Technologies' 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 DBV Technologies' 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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DBV Total Assets
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Based on the latest financial disclosure, DBV Technologies has a Return On Asset of -0.2225. This is 97.46% lower than that of the Biotechnology sector and 99.06% lower than that of the Health Care industry. The return on asset for all United States stocks is 58.93% higher than that of the company.
DBV Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses DBV Technologies' 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 DBV Technologies could also be used in its relative valuation, which is a method of valuing DBV Technologies by comparing valuation metrics of similar companies.DBV Technologies is currently under evaluation in return on asset category among related companies.
DBV Technologies Current Valuation Drivers
We derive many important indicators used in calculating different scores of DBV Technologies from analyzing DBV Technologies' financial statements. These drivers represent accounts that assess DBV Technologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of DBV Technologies' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 703.7M | 231.9M | 176.3M | 236.8M | 181.3M | 172.2M | |
| Enterprise Value | 538.6M | 68.6M | 117.7M | 37.6M | 54.3M | 51.6M |
DBV Fundamentals
| Return On Equity | -0.43 | ||||
| Return On Asset | -0.22 | ||||
| Operating Margin | (1.34) % | ||||
| Current Valuation | (72.1 M) | ||||
| Shares Outstanding | 192.34 M | ||||
| Shares Owned By Institutions | 19.64 % | ||||
| Number Of Shares Shorted | 548.44 K | ||||
| Price To Earning | (8.25) X | ||||
| Price To Book | 0.95 X | ||||
| Price To Sales | 8.49 X | ||||
| Gross Profit | 4.84 M | ||||
| EBITDA | (96.66 M) | ||||
| Net Income | (72.73 M) | ||||
| Cash And Equivalents | 247.97 M | ||||
| Cash Per Share | 1.32 X | ||||
| Total Debt | 14.38 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 8.54 X | ||||
| Book Value Per Share | 1.46 X | ||||
| Cash Flow From Operations | (79.65 M) | ||||
| Short Ratio | 8.70 X | ||||
| Earnings Per Share | (0.38) X | ||||
| Target Price | 4.92 | ||||
| Number Of Employees | 104 | ||||
| Beta | 0.76 | ||||
| Market Capitalization | 127.14 M | ||||
| Total Asset | 182.99 M | ||||
| Retained Earnings | (238.86 M) | ||||
| Working Capital | 121.58 M | ||||
| Current Asset | 334.89 M | ||||
| Current Liabilities | 16.02 M | ||||
| Net Asset | 182.99 M |
About DBV Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze DBV Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of DBV Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of DBV Technologies 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 DBV Technologies 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, DBV Technologies' short interest history, or implied volatility extrapolated from DBV Technologies options trading.
Pair Trading with DBV Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DBV Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DBV Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with DBV Stock
| 0.77 | JNJ | Johnson Johnson Aggressive Push | PairCorr |
Moving against DBV Stock
| 0.71 | OPT | Opthea | PairCorr |
| 0.69 | PAHC | Phibro Animal Health Financial Report 1st of May 2024 | PairCorr |
| 0.67 | ELYM | Eliem Therapeutics | PairCorr |
| 0.66 | ANIP | ANI Pharmaceuticals Financial Report 13th of May 2024 | PairCorr |
| 0.59 | AVTE | Aerovate Therapeutics Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to DBV Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DBV Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DBV Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DBV Technologies to buy it.
The correlation of DBV Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DBV Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DBV Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DBV Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out DBV Technologies Piotroski F Score and DBV Technologies Altman Z Score analysis. For more information on how to buy DBV Stock please use our How to Invest in DBV Technologies guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for DBV Stock analysis
When running DBV Technologies' price analysis, check to measure DBV Technologies' 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 DBV Technologies is operating at the current time. Most of DBV Technologies' value examination focuses on studying past and present price action to predict the probability of DBV Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DBV Technologies' price. Additionally, you may evaluate how the addition of DBV Technologies to your portfolios can decrease your overall portfolio volatility.
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Is DBV Technologies' 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 DBV Technologies. If investors know DBV 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 DBV Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 0.0825 | Quarterly Revenue Growth 0.144 | Return On Assets (0.22) | Return On Equity (0.43) |
The market value of DBV Technologies is measured differently than its book value, which is the value of DBV that is recorded on the company's balance sheet. Investors also form their own opinion of DBV Technologies' value that differs from its market value or its book value, called intrinsic value, which is DBV Technologies' 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 DBV Technologies' market value can be influenced by many factors that don't directly affect DBV Technologies' 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 DBV Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if DBV Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DBV Technologies' 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.