Provident Financial Statements From 2010 to 2024
| PALM Stock | IDR 398.00 2.00 0.51% |
Check Provident Agro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Provident Agro's main balance sheet or income statement drivers, such as , as well as many indicators such as . Provident financial statements analysis is a perfect complement when working with Provident Agro Valuation or Volatility modules.
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Provident Agro Tbk Company Return On Equity Analysis
Provident Agro'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 Provident Agro Return On Equity | 0.38 |
Most of Provident Agro'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, Provident Agro Tbk 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, Provident Agro Tbk has a Return On Equity of 0.3826. This is 85.51% lower than that of the Food Products sector and 89.72% lower than that of the Consumer Staples industry. The return on equity for all Indonesia stocks is notably lower than that of the firm.
Provident Agro Tbk Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Provident Agro's current stock value. Our valuation model uses many indicators to compare Provident Agro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Provident Agro competition to find correlations between indicators driving Provident Agro's intrinsic value. More Info.Provident Agro Tbk is considered to be number one stock in return on equity category among its peers. It 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 Provident Agro's earnings, one of the primary drivers of an investment's value.About Provident Agro Financial Statements
Provident Agro investors utilize fundamental indicators, such as revenue or net income, to predict how Provident Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
PT Provident Agro Tbk, together with its subsidiaries, engages in the operation of palm oil plantations in Indonesia. The company was founded in 2006 and is headquartered in Jakarta, Indonesia. Provident Agro operates under Farm Products classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 742 people.
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Provident Agro financial ratios help investors to determine whether Provident Stock 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 Provident with respect to the benefits of owning Provident Agro security.