Siriuspoint Stock Return On Asset
| SPNT Stock | USD 12.20 0.10 0.81% |
Siriuspoint fundamentals help investors to digest information that contributes to Siriuspoint's financial success or failures. It also enables traders to predict the movement of Siriuspoint Stock. The fundamental analysis module provides a way to measure Siriuspoint'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 Siriuspoint stock.
Return On Assets is likely to drop to 0.02 in 2024. Siriuspoint | Return On Asset |
Siriuspoint Company Return On Asset Analysis
Siriuspoint'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 Siriuspoint Return On Asset | 0.0232 |
Most of Siriuspoint'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, Siriuspoint is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Siriuspoint Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Siriuspoint is extremely important. It helps to project a fair market value of Siriuspoint Stock properly, considering its historical fundamentals such as Return On Asset. Since Siriuspoint'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 Siriuspoint'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 Siriuspoint'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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Siriuspoint Total Assets
Total Assets |
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Based on the latest financial disclosure, Siriuspoint has a Return On Asset of 0.0232. This is 104.94% 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 116.57% lower than that of the firm.
Siriuspoint Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Siriuspoint'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 Siriuspoint could also be used in its relative valuation, which is a method of valuing Siriuspoint by comparing valuation metrics of similar companies.Siriuspoint is currently under evaluation in return on asset category among related companies.
Siriuspoint Current Valuation Drivers
We derive many important indicators used in calculating different scores of Siriuspoint from analyzing Siriuspoint's financial statements. These drivers represent accounts that assess Siriuspoint's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Siriuspoint's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 966.1M | 880.7M | 1.2B | 945.3M | 1.9B | 1.4B | |
| Enterprise Value | 440.8M | 469.0M | 1.0B | 1.0B | 1.6B | 1.3B |
Siriuspoint Fundamentals
| Return On Equity | 0.16 | |||
| Return On Asset | 0.0232 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.07 % | |||
| Current Valuation | 1.24 B | |||
| Shares Outstanding | 169.78 M | |||
| Shares Owned By Insiders | 10.20 % | |||
| Shares Owned By Institutions | 86.58 % | |||
| Number Of Shares Shorted | 2.21 M | |||
| Price To Earning | 3.25 X | |||
| Price To Book | 0.90 X | |||
| Price To Sales | 0.76 X | |||
| Revenue | 2.74 B | |||
| Gross Profit | (129.2 M) | |||
| EBITDA | (8.9 M) | |||
| Net Income | 363.7 M | |||
| Cash And Equivalents | 4.34 B | |||
| Cash Per Share | 27.15 X | |||
| Total Debt | 786.2 M | |||
| Debt To Equity | 0.37 % | |||
| Current Ratio | 3.31 X | |||
| Book Value Per Share | 13.76 X | |||
| Cash Flow From Operations | 581.3 M | |||
| Short Ratio | 3.54 X | |||
| Earnings Per Share | 1.85 X | |||
| Price To Earnings To Growth | (0.25) X | |||
| Number Of Employees | 999 | |||
| Beta | 0.94 | |||
| Market Capitalization | 2.09 B | |||
| Total Asset | 10.13 B | |||
| Retained Earnings | 601 M | |||
| Net Asset | 10.13 B |
About Siriuspoint Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Siriuspoint's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Siriuspoint using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Siriuspoint 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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When determining whether Siriuspoint is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Siriuspoint Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Siriuspoint Stock. Highlighted below are key reports to facilitate an investment decision about Siriuspoint Stock:Check out Siriuspoint Piotroski F Score and Siriuspoint Altman Z Score analysis. For more information on how to buy Siriuspoint Stock please use our How to Invest in Siriuspoint guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Siriuspoint Stock analysis
When running Siriuspoint's price analysis, check to measure Siriuspoint'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 Siriuspoint is operating at the current time. Most of Siriuspoint's value examination focuses on studying past and present price action to predict the probability of Siriuspoint's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siriuspoint's price. Additionally, you may evaluate how the addition of Siriuspoint to your portfolios can decrease your overall portfolio volatility.
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Is Siriuspoint'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 Siriuspoint. If investors know Siriuspoint 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 Siriuspoint 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 (0.72) | Earnings Share 1.85 | Revenue Per Share 16.731 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0232 |
The market value of Siriuspoint is measured differently than its book value, which is the value of Siriuspoint that is recorded on the company's balance sheet. Investors also form their own opinion of Siriuspoint's value that differs from its market value or its book value, called intrinsic value, which is Siriuspoint'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 Siriuspoint's market value can be influenced by many factors that don't directly affect Siriuspoint'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 Siriuspoint's value and its price as these two are different measures arrived at by different means. Investors typically determine if Siriuspoint is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siriuspoint'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.