Forza Financial Statements From 2010 to 2024
ORXPFDelisted Stock | USD 0.14 0.00 0.00% |
Check Forza Petroleum financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forza Petroleum's main balance sheet or income statement drivers, such as , as well as many indicators such as . Forza financial statements analysis is a perfect complement when working with Forza Petroleum Valuation or Volatility modules.
Forza |
Forza Petroleum Limited Company Return On Equity Analysis
Forza 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 Forza Petroleum Return On Equity | 0.11 |
Most of Forza 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, Forza Petroleum Limited 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.
CompetitionBased on the latest financial disclosure, Forza Petroleum Limited has a Return On Equity of 0.1056. This is 105.33% lower than that of the Oil, Gas & Consumable Fuels sector and 94.07% lower than that of the Energy industry. The return on equity for all United States stocks is 134.06% lower than that of the firm.
Forza Petroleum Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Forza Petroleum's current stock value. Our valuation model uses many indicators to compare Forza Petroleum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Forza Petroleum competition to find correlations between indicators driving Forza Petroleum's intrinsic value. More Info.Forza Petroleum Limited is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.91 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Forza Petroleum Limited is roughly 1.10 . 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 Forza Petroleum's earnings, one of the primary drivers of an investment's value.About Forza Petroleum Financial Statements
Forza Petroleum stakeholders use historical fundamental indicators, such as Forza Petroleum's revenue or net income, to determine how well the company is positioned to perform in the future. Although Forza Petroleum investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forza Petroleum's assets and liabilities are reflected in the revenues and expenses on Forza 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 Forza Petroleum Limited. Please read more on our technical analysis and fundamental analysis pages.
Forza Petroleum Limited operates as an oil exploration, development, and production company in the Middle East. Forza Petroleum Limited is a subsidiary of Zeg Oil and Gas Ltd. Forza Pete is traded on OTC Exchange in the United States.
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Forza Pink Sheet
If you are still planning to invest in Forza Petroleum check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Forza Petroleum's history and understand the potential risks before investing.
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