Platinum Financial Statements From 2010 to 2024
| P6MB Stock | EUR 1.38 0.02 1.43% |
Check Platinum Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Platinum Group's main balance sheet or income statement drivers, such as , as well as many indicators such as . Platinum financial statements analysis is a perfect complement when working with Platinum Group Valuation or Volatility modules.
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Platinum Group Metals Company Return On Equity Analysis
Platinum 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 Platinum Group Return On Equity | -0.17 |
Most of Platinum 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, Platinum Group Metals 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, Platinum Group Metals has a Return On Equity of -0.1685. This is 118.52% lower than that of the Basic Materials sector and significantly lower than that of the Other Precious Metals & Mining industry. The return on equity for all Germany stocks is 45.65% lower than that of the firm.
Platinum Group Metals Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Platinum Group's current stock value. Our valuation model uses many indicators to compare Platinum Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Platinum Group competition to find correlations between indicators driving Platinum Group's intrinsic value. More Info.Platinum Group Metals 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 . 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 Platinum Group's earnings, one of the primary drivers of an investment's value.About Platinum Group Financial Statements
Platinum Group stakeholders use historical fundamental indicators, such as Platinum Group's revenue or net income, to determine how well the company is positioned to perform in the future. Although Platinum Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Platinum Group's assets and liabilities are reflected in the revenues and expenses on Platinum 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 Platinum Group Metals. Please read more on our technical analysis and fundamental analysis pages.
Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. Platinum Group Metals Ltd. was incorporated in 2000 and is headquartered in Vancouver, Canada. PLATINUM GROUP operates under Other Precious Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange.
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Additional Information and Resources on Investing in Platinum Stock
When determining whether Platinum Group Metals is a strong investment it is important to analyze Platinum Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Platinum Group's future performance. For an informed investment choice regarding Platinum Stock, refer to the following important reports:Check out the analysis of Platinum Group Correlation against competitors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.