Zedge Inc Stock Return On Asset
| ZDGE Stock | USD 2.35 0.04 1.67% |
Zedge Inc fundamentals help investors to digest information that contributes to Zedge's financial success or failures. It also enables traders to predict the movement of Zedge Stock. The fundamental analysis module provides a way to measure Zedge'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 Zedge stock.
The current year's Return On Assets is expected to grow to -0.14. Zedge | Return On Asset |
Zedge Inc Company Return On Asset Analysis
Zedge'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 Zedge Return On Asset | 0.0123 |
Most of Zedge'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, Zedge Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Zedge Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Zedge is extremely important. It helps to project a fair market value of Zedge Stock properly, considering its historical fundamentals such as Return On Asset. Since Zedge'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 Zedge'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 Zedge's interrelated accounts and indicators.
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 |
Zedge Total Assets
Total Assets |
|
Based on the latest financial disclosure, Zedge Inc has a Return On Asset of 0.0123. This is 99.7% lower than that of the Interactive Media & Services sector and significantly higher than that of the Communication Services industry. The return on asset for all United States stocks is 108.79% lower than that of the firm.
Zedge Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zedge'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 Zedge could also be used in its relative valuation, which is a method of valuing Zedge by comparing valuation metrics of similar companies.Zedge is currently under evaluation in return on asset category among related companies.
Zedge Fundamentals
| Return On Equity | -0.44 | ||||
| Return On Asset | 0.0123 | ||||
| Profit Margin | (0.59) % | ||||
| Operating Margin | 0 % | ||||
| Current Valuation | 17.01 M | ||||
| Shares Outstanding | 14.03 M | ||||
| Shares Owned By Insiders | 15.63 % | ||||
| Shares Owned By Institutions | 15.51 % | ||||
| Number Of Shares Shorted | 2.62 K | ||||
| Price To Earning | 8.12 X | ||||
| Price To Book | 1.19 X | ||||
| Price To Sales | 1.29 X | ||||
| Revenue | 27.24 M | ||||
| Gross Profit | 24.9 M | ||||
| EBITDA | 9.89 M | ||||
| Net Income | (6.1 M) | ||||
| Cash And Equivalents | 17.09 M | ||||
| Cash Per Share | 1.14 X | ||||
| Total Debt | 1.99 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 1.46 X | ||||
| Book Value Per Share | 2.12 X | ||||
| Cash Flow From Operations | 3.16 M | ||||
| Short Ratio | 0.03 X | ||||
| Earnings Per Share | (1.19) X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 99 | ||||
| Beta | 1.05 | ||||
| Market Capitalization | 34.79 M | ||||
| Total Asset | 46.83 M | ||||
| Retained Earnings | (3.94 M) | ||||
| Working Capital | 15.82 M | ||||
| Current Asset | 8.19 M | ||||
| Current Liabilities | 1.99 M | ||||
| Net Asset | 46.83 M |
About Zedge Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zedge Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zedge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zedge Inc 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Zedge Inc is a strong investment it is important to analyze Zedge'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 Zedge's future performance. For an informed investment choice regarding Zedge Stock, refer to the following important reports:Check out Zedge Piotroski F Score and Zedge Altman Z Score analysis. Note that the Zedge Inc information on this page should be used as a complementary analysis to other Zedge'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Zedge Stock analysis
When running Zedge's price analysis, check to measure Zedge'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 Zedge is operating at the current time. Most of Zedge's value examination focuses on studying past and present price action to predict the probability of Zedge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zedge's price. Additionally, you may evaluate how the addition of Zedge to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |
Is Zedge'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 Zedge. If investors know Zedge 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 Zedge 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 (0.96) | Earnings Share (1.19) | Revenue Per Share 2.015 | Quarterly Revenue Growth 0.113 | Return On Assets 0.0123 |
The market value of Zedge Inc is measured differently than its book value, which is the value of Zedge that is recorded on the company's balance sheet. Investors also form their own opinion of Zedge's value that differs from its market value or its book value, called intrinsic value, which is Zedge'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 Zedge's market value can be influenced by many factors that don't directly affect Zedge'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 Zedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zedge'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.