Royal Bank Of Stock Return On Asset
| RY Stock | USD 99.85 0.65 0.66% |
Royal Bank of fundamentals help investors to digest information that contributes to Royal Bank's financial success or failures. It also enables traders to predict the movement of Royal Stock. The fundamental analysis module provides a way to measure Royal Bank'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 Royal Bank stock.
Return On Assets is likely to drop to 0.01 in 2024. Royal | Return On Asset |
Royal Bank of Company Return On Asset Analysis
Royal Bank'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 Royal Bank Return On Asset | 0.0078 |
Most of Royal Bank'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, Royal Bank of is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Royal Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Royal Bank is extremely important. It helps to project a fair market value of Royal Stock properly, considering its historical fundamentals such as Return On Asset. Since Royal Bank'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 Royal Bank'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 Royal Bank'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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Royal Total Assets
Total Assets |
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Based on the latest financial disclosure, Royal Bank of has a Return On Asset of 0.0078. This is 101.66% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on asset for all United States stocks is 105.57% lower than that of the firm.
Royal Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royal Bank'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 Royal Bank could also be used in its relative valuation, which is a method of valuing Royal Bank by comparing valuation metrics of similar companies.Royal Bank is currently under evaluation in return on asset category among related companies.
Royal Bank 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, Royal Bank's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Royal Bank's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Royal Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0078 | ||||
| Profit Margin | 0.29 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | (82.85 B) | ||||
| Shares Outstanding | 1.41 B | ||||
| Shares Owned By Institutions | 51.18 % | ||||
| Number Of Shares Shorted | 11.91 M | ||||
| Price To Earning | 12.27 X | ||||
| Price To Book | 1.76 X | ||||
| Price To Sales | 2.62 X | ||||
| Revenue | 56.26 B | ||||
| Gross Profit | 48.5 B | ||||
| EBITDA | 21.33 B | ||||
| Net Income | 14.87 B | ||||
| Cash And Equivalents | 701.08 B | ||||
| Cash Per Share | 503.75 X | ||||
| Total Debt | 439.28 B | ||||
| Debt To Equity | 15.61 % | ||||
| Book Value Per Share | 76.95 X | ||||
| Cash Flow From Operations | 26.08 B | ||||
| Short Ratio | 9.51 X | ||||
| Earnings Per Share | 7.81 X | ||||
| Price To Earnings To Growth | 3.31 X | ||||
| Target Price | 98.42 | ||||
| Number Of Employees | 90.17 K | ||||
| Beta | 0.83 | ||||
| Market Capitalization | 140.26 B | ||||
| Total Asset | 2 T | ||||
| Retained Earnings | 84.33 B | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.82 % | ||||
| Net Asset | 2 T | ||||
| Last Dividend Paid | 5.4 |
About Royal Bank Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Royal Bank of's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Royal Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Royal Bank of 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 Royal Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Royal Bank's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Royal Bank Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Royal Bank Of Stock:Check out Royal Bank Piotroski F Score and Royal Bank Altman Z Score analysis. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Royal Stock analysis
When running Royal Bank's price analysis, check to measure Royal Bank'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 Royal Bank is operating at the current time. Most of Royal Bank's value examination focuses on studying past and present price action to predict the probability of Royal Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Bank's price. Additionally, you may evaluate how the addition of Royal Bank to your portfolios can decrease your overall portfolio volatility.
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Is Royal Bank'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 Royal Bank. If investors know Royal 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 Royal Bank 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 0.121 | Dividend Share 5.4 | Earnings Share 7.81 | Revenue Per Share 38.304 | Quarterly Revenue Growth (0.01) |
The market value of Royal Bank is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Bank's value that differs from its market value or its book value, called intrinsic value, which is Royal Bank'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 Royal Bank's market value can be influenced by many factors that don't directly affect Royal Bank'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 Royal Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Bank'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.