Teekay Stock Return On Asset
| TK Stock | USD 7.22 0.04 0.55% |
Teekay fundamentals help investors to digest information that contributes to Teekay's financial success or failures. It also enables traders to predict the movement of Teekay Stock. The fundamental analysis module provides a way to measure Teekay'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 Teekay stock.
Return On Assets is expected to rise to 0.07 this year. Teekay | Return On Asset |
Teekay Company Return On Asset Analysis
Teekay'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 Teekay Return On Asset | 0.15 |
Most of Teekay'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, Teekay is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Teekay Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Teekay is extremely important. It helps to project a fair market value of Teekay Stock properly, considering its historical fundamentals such as Return On Asset. Since Teekay'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 Teekay'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 Teekay'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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Teekay Total Assets
Total Assets |
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Based on the latest financial disclosure, Teekay has a Return On Asset of 0.1489. This is 272.25% higher than that of the Oil, Gas & Consumable Fuels sector and 87.59% lower than that of the Energy industry. The return on asset for all United States stocks is notably lower than that of the firm.
Teekay Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Teekay'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 Teekay could also be used in its relative valuation, which is a method of valuing Teekay by comparing valuation metrics of similar companies.Teekay is currently under evaluation in return on asset category among related companies.
Teekay Current Valuation Drivers
We derive many important indicators used in calculating different scores of Teekay from analyzing Teekay's financial statements. These drivers represent accounts that assess Teekay's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Teekay's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 535.8M | 217.3M | 320.7M | 463.6M | 675.6M | 641.8M | |
| Enterprise Value | 5.0B | 3.7B | 1.2B | 751.2M | 410.7M | 390.2M |
Teekay Fundamentals
| Return On Equity | 0.33 | ||||
| Return On Asset | 0.15 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 1.3 B | ||||
| Shares Outstanding | 91.3 M | ||||
| Shares Owned By Insiders | 35.09 % | ||||
| Shares Owned By Institutions | 53.35 % | ||||
| Number Of Shares Shorted | 429 K | ||||
| Price To Earning | 59.46 X | ||||
| Price To Book | 0.91 X | ||||
| Price To Sales | 0.45 X | ||||
| Revenue | 1.46 B | ||||
| Gross Profit | 392.07 M | ||||
| EBITDA | 620.59 M | ||||
| Net Income | 150.64 M | ||||
| Cash And Equivalents | 309.86 M | ||||
| Cash Per Share | 4.28 X | ||||
| Total Debt | 215.91 M | ||||
| Debt To Equity | 0.50 % | ||||
| Current Ratio | 2.93 X | ||||
| Book Value Per Share | 8.05 X | ||||
| Cash Flow From Operations | 629.92 M | ||||
| Short Ratio | 0.77 X | ||||
| Earnings Per Share | 1.54 X | ||||
| Price To Earnings To Growth | 0.27 X | ||||
| Target Price | 5.0 | ||||
| Number Of Employees | 2.3 K | ||||
| Beta | 0.63 | ||||
| Market Capitalization | 662.84 M | ||||
| Total Asset | 2.32 B | ||||
| Retained Earnings | (213.19 M) | ||||
| Working Capital | 749.13 M | ||||
| Current Asset | 480.53 M | ||||
| Current Liabilities | 274.63 M | ||||
| Five Year Return | 5.31 % | ||||
| Net Asset | 2.32 B |
About Teekay Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Teekay's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teekay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teekay 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 Teekay 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, Teekay's short interest history, or implied volatility extrapolated from Teekay options trading.
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When determining whether Teekay is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teekay Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teekay Stock. Highlighted below are key reports to facilitate an investment decision about Teekay Stock:Check out Teekay Piotroski F Score and Teekay Altman Z Score analysis. For more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Teekay Stock analysis
When running Teekay's price analysis, check to measure Teekay'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 Teekay is operating at the current time. Most of Teekay's value examination focuses on studying past and present price action to predict the probability of Teekay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teekay's price. Additionally, you may evaluate how the addition of Teekay to your portfolios can decrease your overall portfolio volatility.
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Is Teekay'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 Teekay. If investors know Teekay 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 Teekay 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 (0.04) | Earnings Share 1.54 | Revenue Per Share 15.505 | Quarterly Revenue Growth (0.14) | Return On Assets 0.1489 |
The market value of Teekay is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay's value that differs from its market value or its book value, called intrinsic value, which is Teekay'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 Teekay's market value can be influenced by many factors that don't directly affect Teekay'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 Teekay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay'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.