Watts Return On Tangible Assets from 2010 to 2024
WTS Stock | USD 201.80 0.30 0.15% |
Return On Tangible Assets | First Reported 2010-12-31 | Previous Quarter 0.18717418 | Current Value 0.2 | Quarterly Volatility 0.07886182 |
Check Watts Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Watts main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.6 M, Interest Expense of 7.8 M or Total Revenue of 1.1 B, as well as many exotic indicators such as Price To Sales Ratio of 3.55, Dividend Yield of 0.0131 or PTB Ratio of 4.83. Watts financial statements analysis is a perfect complement when working with Watts Water Valuation or Volatility modules.
Watts | Return On Tangible Assets |
Latest Watts Water's Return On Tangible Assets Growth Pattern
Below is the plot of the Return On Tangible Assets of Watts Water Technologies over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Watts Water's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Watts Water's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets | 10 Years Trend |
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Return On Tangible Assets |
Timeline |
Watts Return On Tangible Assets Regression Statistics
Arithmetic Mean | 0.10 | |
Coefficient Of Variation | 78.83 | |
Mean Deviation | 0.06 | |
Median | 0.11 | |
Standard Deviation | 0.08 | |
Sample Variance | 0.01 | |
Range | 0.317 | |
R-Value | 0.64 | |
Mean Square Error | 0 | |
R-Squared | 0.41 | |
Significance | 0.01 | |
Slope | 0.01 | |
Total Sum of Squares | 0.09 |
Watts Return On Tangible Assets History
About Watts Water Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Watts Water income statement, its balance sheet, and the statement of cash flows. Watts Water investors use historical funamental indicators, such as Watts Water's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Watts Water investors may use each financial statement separately, they are all related. The changes in Watts Water's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Watts Water's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Watts Water Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Watts Water. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.19 | 0.20 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Watts Water Technologies is a strong investment it is important to analyze Watts Water'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 Watts Water's future performance. For an informed investment choice regarding Watts Stock, refer to the following important reports:Check out the analysis of Watts Water Correlation against competitors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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Is Watts Water'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 Watts Water. If investors know Watts 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 Watts Water 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 (0.18) | Dividend Share 1.38 | Earnings Share 7.83 | Revenue Per Share 61.566 | Quarterly Revenue Growth 0.091 |
The market value of Watts Water Technologies is measured differently than its book value, which is the value of Watts that is recorded on the company's balance sheet. Investors also form their own opinion of Watts Water's value that differs from its market value or its book value, called intrinsic value, which is Watts Water'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 Watts Water's market value can be influenced by many factors that don't directly affect Watts Water'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 Watts Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Watts Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Watts Water'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.