Permex Financial Statements From 2010 to 2026
| OILCF Stock | USD 1.70 0.00 0.00% |
Check Permex Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Permex Petroleum's main balance sheet or income statement drivers, such as , as well as many indicators such as . Permex financial statements analysis is a perfect complement when working with Permex Petroleum Valuation or Volatility modules.
Permex |
Permex Petroleum Company Return On Equity Analysis
Permex Petroleum'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 Permex Petroleum Return On Equity | -0.34 |
Most of Permex Petroleum'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, Permex Petroleum 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, Permex Petroleum has a Return On Equity of -0.3401. This is 82.82% lower than that of the Energy sector and 119.11% lower than that of the Oil & Gas E&P industry. The return on equity for all United States stocks is 9.71% higher than that of the company.
Permex Petroleum Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Permex Petroleum's current stock value. Our valuation model uses many indicators to compare Permex Petroleum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Permex Petroleum competition to find correlations between indicators driving Permex Petroleum's intrinsic value. More Info.Permex Petroleum is regarded third in return on equity category among its peers. It is considered to be number one stock 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 Permex Petroleum's earnings, one of the primary drivers of an investment's value.About Permex Petroleum Financial Statements
Permex Petroleum stakeholders use historical fundamental indicators, such as Permex Petroleum's revenue or net income, to determine how well the company is positioned to perform in the future. Although Permex Petroleum investors may analyze each financial statement separately, they are all interrelated. For example, changes in Permex Petroleum's assets and liabilities are reflected in the revenues and expenses on Permex Petroleum'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 Permex Petroleum. Please read more on our technical analysis and fundamental analysis pages.
Permex Petroleum Corporation, a junior oil and gas company, engages in the acquisition, development, and production of oil and gas properties in the United States. Permex Petroleum Corporation was incorporated in 2017 and is headquartered in Vancouver, Canada. PERMEX PETROLEUM is traded on PNK Exchange in the United States.
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Other Information on Investing in Permex Pink Sheet
Permex Petroleum financial ratios help investors to determine whether Permex 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 Permex with respect to the benefits of owning Permex Petroleum security.