Returns Breakdown
5.89
Return on Assets
14.41
Return on Investment
| Return on Investment | 14.41 | |
| Return on Assets | 5.89 | |
| Return on Equity | 24.72 | |
| Return Capital | 0.0859 | |
| Return on Sales | 0.0282 |
Our latest forecast of SiteOne (NYSE:SITE)
 | By Vlad Skutelnik | Macroaxis Story |
The underlying objective of this short story is to digest SiteOne as an investment oportunity for November. We will discuss why recent SiteOne Landscape price moves suggest a bounce in November.
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Reviewed by Raphi Shpitalnik
SiteOne Landscape is OVERVALUED at 111.60 per share with modest projections ahead. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. SiteOne Landscape has an asset utilization ratio of 369.37 percent. This indicates that the company is making $3.69 for each dollar of assets. An increasing asset utilization means that SiteOne Landscape Supply is more efficient with each dollar of assets it utilizes for everyday operations.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SiteOne Landscape. Your research has to be compared to or analyzed against SiteOne Landscape's peers to derive any actionable benefits. When done correctly, SiteOne Landscape's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SiteOne Landscape Supply.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as SiteOne Landscape Supply. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Predictive Modules for SiteOne Landscape
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SiteOne Landscape's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
How important is SiteOne Landscape's Liquidity
SiteOne Landscape financial leverage refers to using borrowed capital as a funding source to finance SiteOne Landscape Supply ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. SiteOne Landscape financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to SiteOne Landscape's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of SiteOne Landscape's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between SiteOne Landscape's total debt and its cash.
SiteOne Landscape Gross Profit
SiteOne Landscape Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing SiteOne Landscape previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show SiteOne Landscape Gross Profit growth over the last 10 years. Please check SiteOne Landscape's gross profit and other fundamental indicators for more details.
Detailed Perspective On SiteOne Landscape
SiteOne Landscape Supply shows above-average downside volatility for the selected time horizon. We advise investors to inspect SiteOne Landscape Supply further and ensure that all market timing and asset allocation strategies are consistent with the estimation of SiteOne Landscape future alpha.
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