Clarivate Plc Stock Return On Asset
| CLVT Stock | USD 6.85 0.09 1.30% |
CLARIVATE PLC fundamentals help investors to digest information that contributes to CLARIVATE PLC's financial success or failures. It also enables traders to predict the movement of CLARIVATE Stock. The fundamental analysis module provides a way to measure CLARIVATE PLC'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 CLARIVATE PLC stock.
Return On Assets is likely to drop to -0.08 in 2024. CLARIVATE | Return On Asset |
CLARIVATE PLC Company Return On Asset Analysis
CLARIVATE PLC'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 CLARIVATE PLC Return On Asset | 0.0129 |
Most of CLARIVATE PLC'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, CLARIVATE PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
CLARIVATE Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for CLARIVATE PLC is extremely important. It helps to project a fair market value of CLARIVATE Stock properly, considering its historical fundamentals such as Return On Asset. Since CLARIVATE PLC'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 CLARIVATE PLC'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 CLARIVATE PLC'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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CLARIVATE Total Assets
Total Assets |
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Based on the latest financial disclosure, CLARIVATE PLC has a Return On Asset of 0.0129. This is 100.45% lower than that of the Professional Services sector and 99.25% lower than that of the Industrials industry. The return on asset for all United States stocks is 109.21% lower than that of the firm.
CLARIVATE Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CLARIVATE PLC'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 CLARIVATE PLC could also be used in its relative valuation, which is a method of valuing CLARIVATE PLC by comparing valuation metrics of similar companies.CLARIVATE PLC is currently under evaluation in return on asset category among related companies.
CLARIVATE Fundamentals
| Return On Equity | -0.14 | ||||
| Return On Asset | 0.0129 | ||||
| Profit Margin | (0.35) % | ||||
| Operating Margin | 0.14 % | ||||
| Current Valuation | 10.39 B | ||||
| Shares Outstanding | 668.14 M | ||||
| Shares Owned By Insiders | 16.65 % | ||||
| Shares Owned By Institutions | 92.43 % | ||||
| Number Of Shares Shorted | 38.14 M | ||||
| Price To Book | 1.03 X | ||||
| Price To Sales | 1.80 X | ||||
| Revenue | 2.63 B | ||||
| Gross Profit | 1.71 B | ||||
| EBITDA | 982.7 M | ||||
| Net Income | (911.2 M) | ||||
| Cash And Equivalents | 359.7 M | ||||
| Cash Per Share | 0.53 X | ||||
| Total Debt | 4.81 B | ||||
| Debt To Equity | 0.51 % | ||||
| Current Ratio | 0.82 X | ||||
| Book Value Per Share | 6.91 X | ||||
| Cash Flow From Operations | 744.2 M | ||||
| Short Ratio | 10.56 X | ||||
| Earnings Per Share | (1.47) X | ||||
| Price To Earnings To Growth | 0.30 X | ||||
| Target Price | 8.39 | ||||
| Number Of Employees | 12 K | ||||
| Beta | 1.24 | ||||
| Market Capitalization | 4.58 B | ||||
| Total Asset | 12.71 B | ||||
| Retained Earnings | (6.65 B) | ||||
| Working Capital | (137.8 M) | ||||
| Net Asset | 12.71 B |
About CLARIVATE PLC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CLARIVATE PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CLARIVATE PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CLARIVATE PLC 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.
CLARIVATE PLC Investors Sentiment
The influence of CLARIVATE PLC's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in CLARIVATE. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to CLARIVATE PLC's public news can be used to forecast risks associated with an investment in CLARIVATE. The trend in average sentiment can be used to explain how an investor holding CLARIVATE can time the market purely based on public headlines and social activities around CLARIVATE PLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
CLARIVATE PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for CLARIVATE PLC's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average CLARIVATE PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on CLARIVATE PLC.
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 CLARIVATE PLC 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, CLARIVATE PLC's short interest history, or implied volatility extrapolated from CLARIVATE PLC options trading.
Pair Trading with CLARIVATE PLC
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 CLARIVATE PLC 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 CLARIVATE PLC will appreciate offsetting losses from the drop in the long position's value.Moving against CLARIVATE Stock
| 0.82 | RSG | Republic Services | PairCorr |
| 0.79 | WM | Waste Management | PairCorr |
| 0.79 | TILE | Interface | PairCorr |
| 0.77 | MEG | Montrose Environmental Earnings Call This Week | PairCorr |
| 0.76 | STER | Sterling Check Corp Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to CLARIVATE PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CLARIVATE PLC 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 CLARIVATE PLC - 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 CLARIVATE PLC to buy it.
The correlation of CLARIVATE PLC 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 CLARIVATE PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CLARIVATE PLC 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 CLARIVATE PLC 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 CLARIVATE PLC Piotroski F Score and CLARIVATE PLC Altman Z Score analysis. For more information on how to buy CLARIVATE Stock please use our How to Invest in CLARIVATE PLC guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for CLARIVATE Stock analysis
When running CLARIVATE PLC's price analysis, check to measure CLARIVATE PLC'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 CLARIVATE PLC is operating at the current time. Most of CLARIVATE PLC's value examination focuses on studying past and present price action to predict the probability of CLARIVATE PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLARIVATE PLC's price. Additionally, you may evaluate how the addition of CLARIVATE PLC to your portfolios can decrease your overall portfolio volatility.
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Is CLARIVATE PLC'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 CLARIVATE PLC. If investors know CLARIVATE 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 CLARIVATE PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.47) | Revenue Per Share 3.914 | Quarterly Revenue Growth 0.012 | Return On Assets 0.0129 | Return On Equity (0.14) |
The market value of CLARIVATE PLC is measured differently than its book value, which is the value of CLARIVATE that is recorded on the company's balance sheet. Investors also form their own opinion of CLARIVATE PLC's value that differs from its market value or its book value, called intrinsic value, which is CLARIVATE PLC'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 CLARIVATE PLC's market value can be influenced by many factors that don't directly affect CLARIVATE PLC'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 CLARIVATE PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if CLARIVATE PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CLARIVATE PLC'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.