Globe Life Stock Return On Asset
| GL Stock | USD 75.54 3.06 3.89% |
Globe Life fundamentals help investors to digest information that contributes to Globe Life's financial success or failures. It also enables traders to predict the movement of Globe Stock. The fundamental analysis module provides a way to measure Globe Life'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 Globe Life stock.
Return On Assets is expected to rise to 0.04 this year. Globe | Return On Asset |
Globe Life Company Return On Asset Analysis
Globe Life'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 Globe Life Return On Asset | 0.03 |
Most of Globe Life'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, Globe Life is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Globe Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Globe Life is extremely important. It helps to project a fair market value of Globe Stock properly, considering its historical fundamentals such as Return On Asset. Since Globe Life'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 Globe Life'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 Globe Life'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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Globe Total Assets
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Based on the latest financial disclosure, Globe Life has a Return On Asset of 0.03. This is 106.38% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The return on asset for all United States stocks is 121.43% lower than that of the firm.
Globe Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Globe Life'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 Globe Life could also be used in its relative valuation, which is a method of valuing Globe Life by comparing valuation metrics of similar companies.Globe Life is currently under evaluation in return on asset category among related companies.
Globe Life ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Globe Life's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Globe Life's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Globe Fundamentals
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.03 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 9.43 B | ||||
| Shares Outstanding | 94.04 M | ||||
| Shares Owned By Insiders | 2.17 % | ||||
| Shares Owned By Institutions | 83.60 % | ||||
| Number Of Shares Shorted | 3.43 M | ||||
| Price To Earning | 16.54 X | ||||
| Price To Book | 1.24 X | ||||
| Price To Sales | 1.02 X | ||||
| Revenue | 5.45 B | ||||
| Gross Profit | 1.35 B | ||||
| EBITDA | (103.22 M) | ||||
| Net Income | 970.75 M | ||||
| Cash And Equivalents | 171.36 M | ||||
| Cash Per Share | 1.76 X | ||||
| Total Debt | 2.12 B | ||||
| Debt To Equity | 0.47 % | ||||
| Current Ratio | 0.62 X | ||||
| Book Value Per Share | 47.84 X | ||||
| Cash Flow From Operations | 1.48 B | ||||
| Short Ratio | 0.77 X | ||||
| Earnings Per Share | 10.46 X | ||||
| Price To Earnings To Growth | 0.97 X | ||||
| Target Price | 118.75 | ||||
| Number Of Employees | 3.64 K | ||||
| Beta | 0.68 | ||||
| Market Capitalization | 7.39 B | ||||
| Total Asset | 28.05 B | ||||
| Retained Earnings | 7.48 B | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.78 % | ||||
| Net Asset | 28.05 B | ||||
| Last Dividend Paid | 0.68 |
About Globe Life Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Globe Life's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Globe Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Globe 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.
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Try AI Portfolio ArchitectCheck out Globe Life Piotroski F Score and Globe Life Altman Z Score analysis. For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Globe Stock analysis
When running Globe Life's price analysis, check to measure Globe Life'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 Globe Life is operating at the current time. Most of Globe Life's value examination focuses on studying past and present price action to predict the probability of Globe Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Life's price. Additionally, you may evaluate how the addition of Globe Life to your portfolios can decrease your overall portfolio volatility.
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Is Globe Life'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 Globe Life. If investors know Globe 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 Globe Life 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 0.171 | Dividend Share 0.675 | Earnings Share 10.46 | Revenue Per Share 58.678 | Quarterly Revenue Growth 0.072 |
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life'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 Globe Life's market value can be influenced by many factors that don't directly affect Globe Life'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 Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life'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.