Csl Limited Stock Return On Asset
CMXHF Stock | USD 184.35 2.65 1.42% |
CSL Limited fundamentals help investors to digest information that contributes to CSL's financial success or failures. It also enables traders to predict the movement of CSL Pink Sheet. The fundamental analysis module provides a way to measure CSL'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 CSL pink sheet.
CSL |
CSL Return On Asset Analysis
CSL'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 CSL Return On Asset | 0.0798 |
Most of CSL'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, CSL Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
Competition |
Based on the latest financial disclosure, CSL Limited has a Return On Asset of 0.0798. This is 100.91% lower than that of the Healthcare sector and 100.34% lower than that of the Biotechnology industry. The return on asset for all United States stocks is 157.0% lower than that of the firm.
CSL Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CSL's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of CSL could also be used in its relative valuation, which is a method of valuing CSL by comparing valuation metrics of similar companies.CSL is rated below average in return on asset category among related companies.
CSL Fundamentals
Return On Equity | 0.2 | |||
Return On Asset | 0.0798 | |||
Profit Margin | 0.21 % | |||
Operating Margin | 0.28 % | |||
Current Valuation | 96.65 B | |||
Shares Outstanding | 482.22 M | |||
Shares Owned By Insiders | 0.41 % | |||
Shares Owned By Institutions | 35.50 % | |||
Price To Earning | 33.44 X | |||
Price To Book | 6.65 X | |||
Price To Sales | 9.30 X | |||
Revenue | 10.49 B | |||
Gross Profit | 5.73 B | |||
EBITDA | 3.46 B | |||
Net Income | 2.25 B | |||
Cash And Equivalents | 10.44 B | |||
Cash Per Share | 21.67 X | |||
Total Debt | 3.86 B | |||
Debt To Equity | 0.66 % | |||
Current Ratio | 2.32 X | |||
Book Value Per Share | 30.26 X | |||
Cash Flow From Operations | 2.63 B | |||
Earnings Per Share | 4.80 X | |||
Number Of Employees | 30 K | |||
Beta | 0.19 | |||
Market Capitalization | 102.75 B | |||
Total Asset | 28.35 B | |||
Retained Earnings | 6.59 B | |||
Working Capital | 2.44 B | |||
Current Asset | 3.82 B | |||
Current Liabilities | 1.37 B | |||
Z Score | 15.6 | |||
Annual Yield | 0.01 % | |||
Five Year Return | 1.08 % | |||
Net Asset | 28.35 B | |||
Last Dividend Paid | 2.22 |
About CSL Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CSL Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CSL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CSL Limited 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.CSL Limited researches, develops, manufactures, markets, and distributes biopharmaceutical and allied products in Australia, the United States, Germany, the United Kingdom, Switzerland, China, and internationally. CSL Limited was founded in 1916 and is headquartered in Parkville, Australia. Csl operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 30000 people.
Pair Trading with CSL
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 CSL 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 CSL will appreciate offsetting losses from the drop in the long position's value.Moving together with CSL Pink Sheet
0.8 | CSLLY | CSL | PairCorr |
Moving against CSL Pink Sheet
0.65 | GE | General Electric Fiscal Quarter End 31st of March 2024 | PairCorr |
0.62 | DIS | Walt Disney Aggressive Push | PairCorr |
0.62 | JPM | JPMorgan Chase Fiscal Quarter End 31st of March 2024 | PairCorr |
0.59 | NVO | Novo Nordisk AS Financial Report 2nd of May 2024 | PairCorr |
0.58 | NONOF | Novo Nordisk AS | PairCorr |
The ability to find closely correlated positions to CSL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CSL 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 CSL - 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 CSL Limited to buy it.
The correlation of CSL 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 CSL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CSL Limited 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 CSL 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 CSL Piotroski F Score and CSL Altman Z Score analysis. Note that the CSL Limited information on this page should be used as a complementary analysis to other CSL's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. 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 CSL Pink Sheet analysis
When running CSL's price analysis, check to measure CSL'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 CSL is operating at the current time. Most of CSL's value examination focuses on studying past and present price action to predict the probability of CSL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CSL's price. Additionally, you may evaluate how the addition of CSL to your portfolios can decrease your overall portfolio volatility.
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