Goldman Return On Asset

GS -  USA Stock  

USD 306.73  6.24  1.99%

Goldman Sachs Group fundamentals help investors to digest information that contributes to Goldman Sachs' financial success or failures. It also enables traders to predict the movement of Goldman Stock. This fundamental analysis module provides a way for investors to measures Goldman Sachs' intrinsic value by examining all of its available economic and financial indicators and drivers, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Goldman Sachs stock. Please note, this module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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As of 05/18/2022, Average Assets is likely to drop to about 1305.1 B. In addition to that, Tangible Asset Value is likely to drop to about 1340 B.

Goldman Return On Asset Analysis

Goldman Sachs' 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)
PPandE Turnover2.682.372.723.56
Calculated Tax Rate20.024.227.8332.55
Return on Asset 
 = 
Net Income 
Total Assets 
X
100 
More About Return On Asset | All Equity Analysis

Current Goldman Sachs Return On Asset

    
  1.65 %  
Most of Goldman Sachs' 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, Goldman Sachs Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Goldman Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Goldman Sachs 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 Goldman Sachs' 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 Goldman Sachs' 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 Goldman Sachs' interrelated accounts and indicators.

Goldman Return On Asset Historical Pattern

Today, most investors in Goldman Sachs Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Goldman Sachs' 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 Goldman Sachs return on asset as a starting point in their analysis.
 Goldman Sachs Return On Asset 
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      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.
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Goldman Total Assets

Total Assets

1.34 Trillion

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Goldman Sachs Total Assets are relatively stable at the moment as compared to the past year. Goldman Sachs reported last year Total Assets of 1.46 Trillion
Based on the latest financial disclosure, Goldman Sachs Group has a Return On Asset of 1.65%. This is 451.06% lower than that of the Financial Services sector and 109.41% lower than that of the Capital Markets industry. The return on asset for all United States stocks is notably lower than that of the firm.

Goldman Return On Asset Peer Comparison

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

Goldman Sachs Current Valuation Drivers

We derive many important indicators used in calculating different scores of Goldman Sachs from analyzing Goldman Sachs' financial statements. These drivers represent accounts that assess Goldman Sachs' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Goldman Sachs' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee117.1 K285.76 K221.04 K232.92 K209.62 K199.43 K
Revenue Per Employee1.15 M1.44 M1.41 M1.32 M1.19 M1.14 M
Average Assets911.87 B957.78 B967.63 B1,131.59 B1,399.17 B1,305.05 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA12.28 B13.81 B12.29 B14.38 B29.06 B23.22 B
Earnings Before Interest Taxes and Depreciation Amortization USD12.28 B13.81 B12.29 B14.38 B29.06 B23.22 B
Earnings before Tax11.13 B12.48 B10.58 B12.48 B27.04 B29.18 B
Average Equity85.53 B86.78 B90.86 B92.75 B103.94 B104.05 B
Enterprise Value473.73 B456.06 B512.37 B505.19 B640.84 B620.35 B
Free Cash Flow(23.1 B)12.29 B22.06 B(17.07 B)187 M191.92 M
Invested Capital1,307.56 B1,286.76 B1,375.64 B1,601.21 B1,662.26 B1,660.92 B
Invested Capital Average1,284.11 B1,346.06 B1,365.84 B1,561.69 B1,816.12 B1,756.46 B
Market Capitalization96.1 B62.14 B81.42 B90.73 B128.08 B114.76 B
Tangible Asset Value916.78 B931.8 B992.97 B1,163.03 B1,463.99 B1,339.95 B

Goldman Fundamentals

About Goldman Sachs Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Goldman Sachs Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goldman Sachs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goldman Sachs Group 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 Assets1399.2 B1305.1 B
Tangible Asset Value1464 B1340 B
The Goldman Sachs Group, Inc., a financial institution, provides range of financial services for corporations, financial institutions, governments, and individuals worldwide. The company was founded in 1869 and is headquartered in New York, New York. Goldman Sachs operates under Capital Markets classification in the United States and is traded on New York Stock Exchange. It employs 43900 people.

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Our tools can tell you how much better you can do entering a position in Goldman Sachs 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.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Goldman Sachs Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Goldman Sachs Piotroski F Score and Goldman Sachs Altman Z Score analysis. Note that the Goldman Sachs Group information on this page should be used as a complementary analysis to other Goldman Sachs' 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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Is Goldman Sachs' 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 Goldman Sachs. If investors know Goldman 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 Goldman Sachs 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 Goldman Sachs Group is measured differently than its book value, which is the value of Goldman that is recorded on the company's balance sheet. Investors also form their own opinion of Goldman Sachs' value that differs from its market value or its book value, called intrinsic value, which is Goldman Sachs' 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 Goldman Sachs' market value can be influenced by many factors that don't directly affect Goldman Sachs' 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 Goldman Sachs' value and its price as these two are different measures arrived at by different means. Investors typically determine Goldman Sachs value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goldman Sachs' 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.