Leggett Platt Incorporated Stock Return On Asset

LEG Stock  USD 18.07  0.26  1.42%   
Leggett Platt Incorporated fundamentals help investors to digest information that contributes to Leggett Platt's financial success or failures. It also enables traders to predict the movement of Leggett Stock. The fundamental analysis module provides a way to measure Leggett Platt'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 Leggett Platt stock.
The Leggett Platt's current Return On Assets is estimated to increase to -0.03.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Leggett Platt Incorporated Company Return On Asset Analysis

Leggett Platt'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.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Leggett Platt Return On Asset

    
  0.0417  
Most of Leggett Platt'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, Leggett Platt Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Leggett Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Leggett Platt is extremely important. It helps to project a fair market value of Leggett Stock properly, considering its historical fundamentals such as Return On Asset. Since Leggett Platt'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 Leggett Platt'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 Leggett Platt's interrelated accounts and indicators.
0.860.830.930.920.980.940.350.790.940.00.760.89-0.830.25-0.68-0.80.790.640.64-0.730.71-0.10.20.23-0.240.0
0.860.650.850.880.750.870.430.590.73-0.110.410.76-0.77-0.12-0.85-0.540.460.390.45-0.630.420.060.120.020.02-0.11
0.830.650.630.690.840.690.50.80.73-0.430.880.85-0.670.44-0.41-0.960.90.780.94-0.890.810.09-0.010.46-0.27-0.43
0.930.850.630.960.90.950.160.620.910.130.560.73-0.910.01-0.82-0.580.60.520.38-0.50.62-0.30.240.08-0.170.13
0.920.880.690.960.870.970.310.560.88-0.080.520.72-0.93-0.04-0.86-0.610.610.610.46-0.540.61-0.140.20.11-0.12-0.08
0.980.750.840.90.870.90.30.810.950.040.830.87-0.790.36-0.57-0.840.850.690.66-0.710.76-0.140.210.28-0.310.04
0.940.870.690.950.970.90.40.590.93-0.030.560.78-0.870.09-0.78-0.60.640.640.5-0.60.66-0.040.350.04-0.11-0.03
0.350.430.50.160.310.30.40.160.33-0.660.180.55-0.230.1-0.26-0.40.350.520.6-0.520.330.810.120.26-0.2-0.66
0.790.590.80.620.560.810.590.160.70.10.850.74-0.550.49-0.27-0.860.710.40.65-0.80.62-0.190.110.19-0.150.1
0.940.730.730.910.880.950.930.330.70.060.710.81-0.820.3-0.6-0.710.750.690.56-0.650.78-0.120.30.18-0.330.06
0.0-0.11-0.430.13-0.080.04-0.03-0.660.10.06-0.09-0.180.140.040.110.29-0.26-0.51-0.60.35-0.29-0.550.18-0.430.091.0
0.760.410.880.560.520.830.560.180.850.71-0.090.75-0.50.72-0.12-0.910.940.680.83-0.80.81-0.150.090.39-0.28-0.09
0.890.760.850.730.720.870.780.550.740.81-0.180.75-0.620.35-0.49-0.810.820.70.75-0.80.650.080.040.34-0.24-0.18
-0.83-0.77-0.67-0.91-0.93-0.79-0.87-0.23-0.55-0.820.14-0.5-0.620.120.840.61-0.54-0.57-0.450.48-0.70.28-0.24-0.20.20.14
0.25-0.120.440.01-0.040.360.090.10.490.30.040.720.350.120.51-0.480.630.410.57-0.570.50.090.10.05-0.10.04
-0.68-0.85-0.41-0.82-0.86-0.57-0.78-0.26-0.27-0.60.11-0.12-0.490.840.510.31-0.23-0.3-0.160.23-0.280.11-0.08-0.110.090.11
-0.8-0.54-0.96-0.58-0.61-0.84-0.6-0.4-0.86-0.710.29-0.91-0.810.61-0.480.31-0.9-0.71-0.890.82-0.78-0.010.02-0.550.40.29
0.790.460.90.60.610.850.640.350.710.75-0.260.940.82-0.540.63-0.23-0.90.850.88-0.770.830.00.050.51-0.37-0.26
0.640.390.780.520.610.690.640.520.40.69-0.510.680.7-0.570.41-0.3-0.710.850.79-0.630.760.130.060.43-0.3-0.51
0.640.450.940.380.460.660.50.60.650.56-0.60.830.75-0.450.57-0.16-0.890.880.79-0.890.790.29-0.010.51-0.27-0.6
-0.73-0.63-0.89-0.5-0.54-0.71-0.6-0.52-0.8-0.650.35-0.8-0.80.48-0.570.230.82-0.77-0.63-0.89-0.7-0.21-0.09-0.160.020.35
0.710.420.810.620.610.760.660.330.620.78-0.290.810.65-0.70.5-0.28-0.780.830.760.79-0.7-0.060.320.38-0.38-0.29
-0.10.060.09-0.3-0.14-0.14-0.040.81-0.19-0.12-0.55-0.150.080.280.090.11-0.010.00.130.29-0.21-0.060.050.1-0.1-0.55
0.20.12-0.010.240.20.210.350.120.110.30.180.090.04-0.240.1-0.080.020.050.06-0.01-0.090.320.05-0.190.090.18
0.230.020.460.080.110.280.040.260.190.18-0.430.390.34-0.20.05-0.11-0.550.510.430.51-0.160.380.1-0.19-0.76-0.43
-0.240.02-0.27-0.17-0.12-0.31-0.11-0.2-0.15-0.330.09-0.28-0.240.2-0.10.090.4-0.37-0.3-0.270.02-0.38-0.10.09-0.760.09
0.0-0.11-0.430.13-0.080.04-0.03-0.660.10.061.0-0.09-0.180.140.040.110.29-0.26-0.51-0.60.35-0.29-0.550.18-0.430.09
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.
Competition

Leggett Total Assets

Total Assets

3.01 Billion

At this time, Leggett Platt's Total Assets are most likely to increase significantly in the upcoming years.
Based on the latest financial disclosure, Leggett Platt Incorporated has a Return On Asset of 0.0417. This is 96.17% lower than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 129.79% lower than that of the firm.

Leggett Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Leggett Platt'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 Leggett Platt could also be used in its relative valuation, which is a method of valuing Leggett Platt by comparing valuation metrics of similar companies.
Leggett Platt is currently under evaluation in return on asset category among related companies.

Leggett Platt 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, Leggett Platt's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Leggett Platt's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Leggett Fundamentals

About Leggett Platt Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Leggett Platt Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Leggett Platt using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Leggett Platt Incorporated 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.

Leggett Platt Investors Sentiment

The influence of Leggett Platt'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 Leggett. 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 Leggett Platt's public news can be used to forecast risks associated with an investment in Leggett. The trend in average sentiment can be used to explain how an investor holding Leggett can time the market purely based on public headlines and social activities around Leggett Platt Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Leggett Platt'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 Leggett Platt'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 Leggett Platt's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Leggett Platt.
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 Leggett Platt 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, Leggett Platt's short interest history, or implied volatility extrapolated from Leggett Platt options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Leggett Platt rporated is a strong investment it is important to analyze Leggett Platt'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 Leggett Platt's future performance. For an informed investment choice regarding Leggett Stock, refer to the following important reports:
Check out Leggett Platt Piotroski F Score and Leggett Platt Altman Z Score analysis.
Note that the Leggett Platt rporated information on this page should be used as a complementary analysis to other Leggett Platt'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Leggett Stock analysis

When running Leggett Platt's price analysis, check to measure Leggett Platt'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 Leggett Platt is operating at the current time. Most of Leggett Platt's value examination focuses on studying past and present price action to predict the probability of Leggett Platt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leggett Platt's price. Additionally, you may evaluate how the addition of Leggett Platt to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stocks Directory
Find actively traded stocks across global markets
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Is Leggett Platt'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 Leggett Platt. If investors know Leggett 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 Leggett Platt 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
(0.26)
Dividend Share
1.82
Earnings Share
(1.00)
Revenue Per Share
34.668
Quarterly Revenue Growth
(0.07)
The market value of Leggett Platt rporated is measured differently than its book value, which is the value of Leggett that is recorded on the company's balance sheet. Investors also form their own opinion of Leggett Platt's value that differs from its market value or its book value, called intrinsic value, which is Leggett Platt'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 Leggett Platt's market value can be influenced by many factors that don't directly affect Leggett Platt'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 Leggett Platt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leggett Platt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leggett Platt'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.