Parrot Financial Statements From 2010 to 2024
| PARRO Stock | EUR 2.44 0.02 0.83% |
Check Parrot financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parrot's main balance sheet or income statement drivers, such as , as well as many indicators such as . Parrot financial statements analysis is a perfect complement when working with Parrot Valuation or Volatility modules.
Parrot |
Parrot Company Return On Equity Analysis
Parrot'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 Parrot Return On Equity | -0.14 |
Most of Parrot'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, Parrot 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.
| Competition |
Based on the latest financial disclosure, Parrot has a Return On Equity of -0.142. This is 98.82% lower than that of the Communications Equipment sector and 97.18% lower than that of the Information Technology industry. The return on equity for all France stocks is 54.19% lower than that of the firm.
Parrot Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Parrot's current stock value. Our valuation model uses many indicators to compare Parrot value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Parrot competition to find correlations between indicators driving Parrot's intrinsic value. More Info.Parrot 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 Parrot's earnings, one of the primary drivers of an investment's value.About Parrot Financial Statements
Parrot shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Parrot investors may analyze each financial statement separately, they are all interrelated. The changes in Parrot's assets and liabilities, for example, are also reflected in the revenues and expenses on on Parrot's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Parrot S.A. creates, develops, and markets consumer technology products for smartphones and tablets worldwide. Parrot S.A. was founded in 1994 and is headquartered in Paris, France. PARROT operates under Electronic Finished Products classification in France and is traded on Paris Stock Exchange. It employs 641 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Parrot Stock Analysis
When running Parrot's price analysis, check to measure Parrot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Parrot is operating at the current time. Most of Parrot's value examination focuses on studying past and present price action to predict the probability of Parrot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parrot's price. Additionally, you may evaluate how the addition of Parrot to your portfolios can decrease your overall portfolio volatility.