Simply Good Foods Stock Return On Asset
| SMPL Stock | USD 36.50 0.41 1.14% |
Simply Good Foods fundamentals help investors to digest information that contributes to Simply Good's financial success or failures. It also enables traders to predict the movement of Simply Stock. The fundamental analysis module provides a way to measure Simply Good'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 Simply Good stock.
Simply |
Simply Good Foods Company Return On Asset Analysis
Simply Good'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 Simply Good Return On Asset | 0.0629 |
Most of Simply Good'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, Simply Good Foods 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, Simply Good Foods has a Return On Asset of 0.0629. This is 109.67% higher than that of the Food Products sector and 102.72% lower than that of the Consumer Staples industry. The return on asset for all United States stocks is 144.93% lower than that of the firm.
Simply Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Simply Good'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 Simply Good could also be used in its relative valuation, which is a method of valuing Simply Good by comparing valuation metrics of similar companies.Simply Good is currently under evaluation in return on asset category among its peers.
Simply Fundamentals
| Return On Equity | 0.0897 | ||||
| Return On Asset | 0.0629 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 3.79 B | ||||
| Shares Outstanding | 99.99 M | ||||
| Shares Owned By Insiders | 8.47 % | ||||
| Shares Owned By Institutions | 90.01 % | ||||
| Number Of Shares Shorted | 2.54 M | ||||
| Price To Earning | 55.24 X | ||||
| Price To Book | 1.94 X | ||||
| Price To Sales | 2.52 X | ||||
| Revenue | 1.24 B | ||||
| Gross Profit | 445.56 M | ||||
| EBITDA | 233.09 M | ||||
| Net Income | 133.57 M | ||||
| Cash And Equivalents | 67.49 M | ||||
| Cash Per Share | 0.68 X | ||||
| Total Debt | 289.36 M | ||||
| Debt To Equity | 0.32 % | ||||
| Current Ratio | 3.44 X | ||||
| Book Value Per Share | 16.48 X | ||||
| Cash Flow From Operations | 171.12 M | ||||
| Short Ratio | 2.36 X | ||||
| Earnings Per Share | 1.39 X | ||||
| Price To Earnings To Growth | 1.76 X | ||||
| Target Price | 40.25 | ||||
| Number Of Employees | 271 | ||||
| Beta | 0.65 | ||||
| Market Capitalization | 3.65 B | ||||
| Total Asset | 2.1 B | ||||
| Retained Earnings | 347.96 M | ||||
| Working Capital | 281.8 M | ||||
| Net Asset | 2.1 B |
About Simply Good Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Simply Good Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Simply Good using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Simply Good Foods 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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Additional Information and Resources on Investing in Simply Stock
When determining whether Simply Good Foods is a strong investment it is important to analyze Simply Good'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 Simply Good's future performance. For an informed investment choice regarding Simply Stock, refer to the following important reports:Check out Simply Good Piotroski F Score and Simply Good Altman Z Score analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Food Products space 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 Simply Good. If investors know Simply 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 Simply Good listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Simply Good Foods is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good'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 Simply Good's market value can be influenced by many factors that don't directly affect Simply Good'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 Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simply Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simply Good'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.