Archrock Return On Asset

AROC
 Stock
  

USD 7.69  0.08  1.05%   

Archrock fundamentals help investors to digest information that contributes to Archrock's financial success or failures. It also enables traders to predict the movement of Archrock Stock. The fundamental analysis module provides a way to measure Archrock'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 Archrock 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.
  
The current year Average Assets is expected to grow to about 2.9 B. The current year Tangible Asset Value is expected to grow to about 2.7 B.

Archrock Return On Asset Analysis

Archrock'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.
 2019 2020 2021 2022 (projected)
Interest Expense104.68 M105.72 M108.14 M102.86 M
Gross Profit509.25 M497.78 M422.54 M435.67 M
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
More About Return On Asset | All Equity Analysis

Current Archrock Return On Asset

    
  3.10 %  
Most of Archrock'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, Archrock is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Archrock Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Archrock is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Return On Asset. Since Archrock'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 Archrock'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 Archrock's interrelated accounts and indicators.

Archrock Return On Asset Historical Pattern

Today, most investors in Archrock Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Archrock's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Archrock return on asset as a starting point in their analysis.
   Archrock Return On Asset   
Share
       Timeline  
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.
Compare to competition

Archrock Total Assets

Total Assets

2.75 Billion

Archrock Total Assets are projected to decrease significantly based on the last few years of reporting. The past year's Total Assets were at 2.59 Billion
Based on the latest financial disclosure, Archrock has a Return On Asset of 3.1%. This is much higher than that of the Energy sector and 224.0% lower than that of the Oil & Gas Equipment & Services industry. The return on asset for all United States stocks is notably lower than that of the firm.

Archrock Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Archrock'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 Archrock could also be used in its relative valuation, which is a method of valuing Archrock by comparing valuation metrics of similar companies.
Archrock is currently under evaluation in return on asset category among related companies.

Archrock Current Valuation Drivers

We derive many important indicators used in calculating different scores of Archrock from analyzing Archrock's financial statements. These drivers represent accounts that assess Archrock's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Archrock's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee11.15 K12.39 K57.25 K(54.61 K)25.65 K27.68 K
Revenue Per Employee467.44 K532.02 K567.93 K698.06 K710.42 K766.5 K
Average Assets2.41 B2.5 B2.88 B2.9 B2.66 B2.85 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA235.19 M295.49 M353.88 M216.35 M329.92 M295.38 M
Earnings Before Interest Taxes and Depreciation Amortization USD235.19 M295.49 M353.88 M216.35 M329.92 M295.38 M
Earnings before Tax(42.13 M)27.21 M58.19 M(85.98 M)38.96 M42.04 M
Average Equity741.69 M820.59 M954.54 M958.9 M908.11 M977.36 M
Enterprise Value2.14 B2.48 B3.36 B3.07 B2.68 B2.64 B
Free Cash Flow26.93 M(59.23 M)(14.09 M)213.89 M169.08 M182.43 M
Invested Capital3.61 B3.87 B4.65 B4.31 B3.96 B3.97 B
Invested Capital Average3.63 B3.77 B4.34 B4.47 B4.05 B4.07 B
Market Capitalization745.66 M968.73 M1.53 B1.32 B1.15 B1.13 B
Tangible Asset Value2.34 B2.5 B2.93 B2.72 B2.54 B2.68 B
Working Capital90.31 M105.45 M93.46 M70.32 M61.32 M62.93 M

Archrock Fundamentals

About Archrock Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Archrock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Archrock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Archrock 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.
Last ReportedProjected for 2022
Average Assets2.7 B2.9 B
Tangible Asset Value2.5 B2.7 B
Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States. Archrock, Inc. was founded in 1990 and is headquartered in Houston, Texas. Archrock operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1100 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Archrock without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Idea Analyzer Now

   

Idea Analyzer

Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
All  Next Launch Module

Pair Trading with Archrock

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Archrock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Archrock will appreciate offsetting losses from the drop in the long position's value.

Moving together with Archrock

0.75FTKFlotek Industries Earnings Call  This WeekPairCorr
0.87GEOSGeospace Technologie Earnings Call  This WeekPairCorr
0.85KLXEKlx Energy Services Earnings Call  This WeekPairCorr

Moving against Archrock

0.56BASXQBasic Energy Services Earnings Call  TomorrowPairCorr
The ability to find closely correlated positions to Archrock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Archrock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Archrock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Archrock to buy it.
The correlation of Archrock is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Archrock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Archrock moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Archrock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Archrock Piotroski F Score and Archrock Altman Z Score analysis. Note that the Archrock information on this page should be used as a complementary analysis to other Archrock'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Archrock Stock analysis

When running Archrock price analysis, check to measure Archrock'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 Archrock is operating at the current time. Most of Archrock's value examination focuses on studying past and present price action to predict the probability of Archrock's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Archrock's price. Additionally, you may evaluate how the addition of Archrock to your portfolios can decrease your overall portfolio volatility.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Is Archrock'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 Archrock. If investors know Archrock 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 Archrock 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 YOY
0.93
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.1
Return On Assets
0.0313
Return On Equity
0.0378
The market value of Archrock is measured differently than its book value, which is the value of Archrock that is recorded on the company's balance sheet. Investors also form their own opinion of Archrock's value that differs from its market value or its book value, called intrinsic value, which is Archrock'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 Archrock's market value can be influenced by many factors that don't directly affect Archrock'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 Archrock's value and its price as these two are different measures arrived at by different means. Investors typically determine Archrock value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archrock'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.