Pure Storage Stock Return On Asset
PSTG Stock | USD 50.65 1.15 2.22% |
Pure Storage fundamentals help investors to digest information that contributes to Pure Storage's financial success or failures. It also enables traders to predict the movement of Pure Stock. The fundamental analysis module provides a way to measure Pure Storage'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 Pure Storage stock.
The current Return On Assets is estimated to decrease to -0.1. Pure | Return On Asset |
Pure Storage Company Return On Asset Analysis
Pure Storage'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 Pure Storage Return On Asset | 0.0151 |
Most of Pure Storage'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, Pure Storage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Pure Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Pure Storage is extremely important. It helps to project a fair market value of Pure Stock properly, considering its historical fundamentals such as Return On Asset. Since Pure Storage'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 Pure Storage'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 Pure Storage'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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Pure Total Assets
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Based on the latest financial disclosure, Pure Storage has a Return On Asset of 0.0151. This is 100.52% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The return on asset for all United States stocks is 110.79% lower than that of the firm.
Pure Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pure Storage'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 Pure Storage could also be used in its relative valuation, which is a method of valuing Pure Storage by comparing valuation metrics of similar companies.Pure Storage is currently under evaluation in return on asset category among related companies.
Pure Fundamentals
Return On Equity | 0.0555 | ||||
Return On Asset | 0.0151 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.09 % | ||||
Current Valuation | 15.57 B | ||||
Shares Outstanding | 324.91 M | ||||
Shares Owned By Insiders | 5.22 % | ||||
Shares Owned By Institutions | 82.90 % | ||||
Number Of Shares Shorted | 8.2 M | ||||
Price To Earning | (13.39) X | ||||
Price To Book | 13.67 X | ||||
Price To Sales | 6.13 X | ||||
Revenue | 2.83 B | ||||
Gross Profit | 1.9 B | ||||
EBITDA | 211.58 M | ||||
Net Income | 61.31 M | ||||
Cash And Equivalents | 1.36 B | ||||
Cash Per Share | 4.56 X | ||||
Total Debt | 272.25 M | ||||
Debt To Equity | 0.99 % | ||||
Current Ratio | 1.33 X | ||||
Book Value Per Share | 3.98 X | ||||
Cash Flow From Operations | 677.72 M | ||||
Short Ratio | 1.70 X | ||||
Earnings Per Share | 0.19 X | ||||
Price To Earnings To Growth | 5.57 X | ||||
Target Price | 56.47 | ||||
Number Of Employees | 5.6 K | ||||
Beta | 1.15 | ||||
Market Capitalization | 17.01 B | ||||
Total Asset | 3.66 B | ||||
Retained Earnings | (1.48 B) | ||||
Working Capital | 1.13 B | ||||
Current Asset | 788.07 M | ||||
Current Liabilities | 184.53 M | ||||
Net Asset | 3.66 B |
About Pure Storage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pure Storage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pure Storage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pure Storage 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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Check out Pure Storage Piotroski F Score and Pure Storage Altman Z Score analysis. For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Pure Stock analysis
When running Pure Storage's price analysis, check to measure Pure Storage'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 Pure Storage is operating at the current time. Most of Pure Storage's value examination focuses on studying past and present price action to predict the probability of Pure Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage's price. Additionally, you may evaluate how the addition of Pure Storage to your portfolios can decrease your overall portfolio volatility.
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Is Pure Storage'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 Pure Storage. If investors know Pure 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 Pure Storage 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 (0.14) | Earnings Share 0.19 | Revenue Per Share 9.077 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0151 |
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage'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 Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage'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 Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage'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.