Ocado Financial Statements From 2010 to 2024
| OCDGF Stock | USD 3.85 0.08 2.12% |
Check Ocado Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocado Group's main balance sheet or income statement drivers, such as , as well as many indicators such as . Ocado financial statements analysis is a perfect complement when working with Ocado Group Valuation or Volatility modules.
Ocado |
Ocado Group PLC Company Return On Equity Analysis
Ocado Group's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Ocado Group Return On Equity | -0.21 |
Most of Ocado Group's fundamental indicators, such as Return On Equity, 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, Ocado Group PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Ocado Group PLC has a Return On Equity of -0.2111. This is 108.0% lower than that of the Consumer Defensive sector and 102.15% lower than that of the Grocery Stores industry. The return on equity for all United States stocks is 31.9% lower than that of the firm.
Ocado Group PLC Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Ocado Group's current stock value. Our valuation model uses many indicators to compare Ocado Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Ocado Group competition to find correlations between indicators driving Ocado Group's intrinsic value. More Info.Ocado Group PLC is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ocado Group's earnings, one of the primary drivers of an investment's value.About Ocado Group Financial Statements
Ocado Group stakeholders use historical fundamental indicators, such as Ocado Group's revenue or net income, to determine how well the company is positioned to perform in the future. Although Ocado Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ocado Group's assets and liabilities are reflected in the revenues and expenses on Ocado Group's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ocado Group PLC. Please read more on our technical analysis and fundamental analysis pages.
Ocado Group plc operates as an online grocery retailer in the United Kingdom and internationally. The company was founded in 2000 and is headquartered in Hatfield, the United Kingdom. OCADO GROUP operates under Grocery Stores classification in the United States and is traded on OTC Exchange. It employs 19347 people.
Currently Active Assets on Macroaxis
Other Information on Investing in Ocado Pink Sheet
Ocado Group financial ratios help investors to determine whether Ocado Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ocado with respect to the benefits of owning Ocado Group security.