Rite Aid Stock Return On Equity

RADDelisted Stock  USD 0.17  0.01  5.56%   
Rite Aid fundamentals help investors to digest information that contributes to Rite Aid's financial success or failures. It also enables traders to predict the movement of Rite Stock. The fundamental analysis module provides a way to measure Rite Aid'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 Rite Aid stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Rite Return On Equity Analysis

Rite Aid's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Rite Aid Return On Equity

    
  -26.29  
Most of Rite Aid's fundamental indicators, such as Return On Equity, 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, Rite Aid is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Rite Aid has a Return On Equity of -26.2885. This is 9.67% higher than that of the Consumer Staples Distribution & Retail sector and significantly lower than that of the Consumer Staples industry. The return on equity for all United States stocks is notably higher than that of the company.

Rite Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Rite Aid's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Rite Aid could also be used in its relative valuation, which is a method of valuing Rite Aid by comparing valuation metrics of similar companies.
Rite Aid is currently under evaluation in return on equity category among related companies.

Rite Fundamentals

About Rite Aid Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Rite Aid's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Rite Aid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Rite Aid 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.
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. Rite Aid Corporation was founded in 1962 and is headquartered in Philadelphia, Pennsylvania. Rite Aid operates under Diversified Wholesale And Retail classification in the United States and is traded on New York Stock Exchange. It employs 53000 people.
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 Rite Aid 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, Rite Aid's short interest history, or implied volatility extrapolated from Rite Aid options trading.

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Rite Aid information on this page should be used as a complementary analysis to other Rite Aid'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Other Consideration for investing in Rite Stock

If you are still planning to invest in Rite Aid check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Rite Aid's history and understand the potential risks before investing.
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