Bon Natural Life Stock Return On Asset
| BON Stock | USD 4.30 0.06 1.42% |
Bon Natural Life fundamentals help investors to digest information that contributes to Bon Natural's financial success or failures. It also enables traders to predict the movement of Bon Stock. The fundamental analysis module provides a way to measure Bon Natural'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 Bon Natural stock.
As of the 18th of April 2024, Return On Assets is likely to drop to 0.09. Bon | Return On Asset |
Bon Natural Life Company Return On Asset Analysis
Bon Natural'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 Bon Natural Return On Asset | 0.0883 |
Most of Bon Natural'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, Bon Natural Life is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bon Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Bon Natural is extremely important. It helps to project a fair market value of Bon Stock properly, considering its historical fundamentals such as Return On Asset. Since Bon Natural'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 Bon Natural'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 Bon Natural's interrelated accounts and indicators.
Click cells to compare fundamentals
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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Bon Total Assets
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Based on the latest financial disclosure, Bon Natural Life has a Return On Asset of 0.0883. This is 194.33% higher than that of the Food Products sector and 103.82% lower than that of the Consumer Staples industry. The return on asset for all United States stocks is 163.07% lower than that of the firm.
Bon Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bon Natural'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 Bon Natural could also be used in its relative valuation, which is a method of valuing Bon Natural by comparing valuation metrics of similar companies.Bon Natural is currently under evaluation in return on asset category among related companies.
Bon Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0883 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 9.55 M | ||||
| Shares Outstanding | 1.39 M | ||||
| Shares Owned By Insiders | 18.73 % | ||||
| Shares Owned By Institutions | 0.51 % | ||||
| Number Of Shares Shorted | 41.46 K | ||||
| Price To Earning | 1.41 X | ||||
| Price To Book | 0.16 X | ||||
| Price To Sales | 0.19 X | ||||
| Revenue | 29.52 M | ||||
| Gross Profit | 9.42 M | ||||
| EBITDA | 6.94 M | ||||
| Net Income | 4.55 M | ||||
| Cash And Equivalents | 1.74 M | ||||
| Cash Per Share | 0.21 X | ||||
| Total Debt | 4.2 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 1.84 X | ||||
| Book Value Per Share | 30.23 X | ||||
| Cash Flow From Operations | (651.91 K) | ||||
| Short Ratio | 0.61 X | ||||
| Earnings Per Share | 5.00 X | ||||
| Target Price | 77.5 | ||||
| Number Of Employees | 96 | ||||
| Beta | -1.08 | ||||
| Market Capitalization | 4.96 M | ||||
| Total Asset | 46.56 M | ||||
| Retained Earnings | 18.7 M | ||||
| Working Capital | 14.57 M | ||||
| Net Asset | 46.56 M |
About Bon Natural Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bon Natural Life's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bon Natural using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bon Natural Life 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.
Pair Trading with Bon Natural
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 Bon Natural 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 Bon Natural will appreciate offsetting losses from the drop in the long position's value.Moving together with Bon Stock
| 0.7 | BUD | Anheuser Busch Inbev Financial Report 2nd of May 2024 | PairCorr |
| 0.66 | FMX | Fomento Economico Financial Report 26th of April 2024 | PairCorr |
| 0.86 | SAM | Boston Beer Earnings Call This Week | PairCorr |
| 0.84 | PAVS | Paranovus Entertainment | PairCorr |
Moving against Bon Stock
| 0.9 | BJ | BJs Wholesale Club Financial Report 28th of May 2024 | PairCorr |
| 0.88 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
| 0.85 | BG | Bunge Limited Financial Report 1st of May 2024 | PairCorr |
| 0.8 | DG | Dollar General Financial Report 6th of June 2024 | PairCorr |
| 0.73 | GO | Grocery Outlet Holding Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Bon Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bon Natural 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 Bon Natural - 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 Bon Natural Life to buy it.
The correlation of Bon Natural 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 Bon Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bon Natural Life 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 Bon Natural 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 Bon Natural Piotroski F Score and Bon Natural Altman Z Score analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Bon Stock analysis
When running Bon Natural's price analysis, check to measure Bon Natural'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 Bon Natural is operating at the current time. Most of Bon Natural's value examination focuses on studying past and present price action to predict the probability of Bon Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bon Natural's price. Additionally, you may evaluate how the addition of Bon Natural to your portfolios can decrease your overall portfolio volatility.
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Is Bon Natural'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 Bon Natural. If investors know Bon 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 Bon Natural 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 (0.41) | Earnings Share 5 | Revenue Per Share 32.302 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0883 |
The market value of Bon Natural Life is measured differently than its book value, which is the value of Bon that is recorded on the company's balance sheet. Investors also form their own opinion of Bon Natural's value that differs from its market value or its book value, called intrinsic value, which is Bon Natural'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 Bon Natural's market value can be influenced by many factors that don't directly affect Bon Natural'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 Bon Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bon Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bon Natural'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.