Penumbra Fixed Asset Turnover from 2010 to 2024

PEN Stock  USD 240.49  1.29  0.54%   
Penumbra Fixed Asset Turnover yearly trend continues to be very stable with very little volatility. Fixed Asset Turnover is likely to drop to 3.35. During the period from 2010 to 2024, Penumbra Fixed Asset Turnover quarterly data regression pattern had sample variance of  289.77 and median of  12.27. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
3.52325098
Current Value
3.35
Quarterly Volatility
17.0226483
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Penumbra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Penumbra's main balance sheet or income statement drivers, such as Interest Expense of 1.7 M, Total Revenue of 1.1 B or Gross Profit of 716.8 M, as well as many indicators such as Price To Sales Ratio of 7.88, Dividend Yield of 0.0 or PTB Ratio of 8.6. Penumbra financial statements analysis is a perfect complement when working with Penumbra Valuation or Volatility modules.
  
Check out the analysis of Penumbra Correlation against competitors.
To learn how to invest in Penumbra Stock, please use our How to Invest in Penumbra guide.

Latest Penumbra's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Penumbra over the last few years. It is Penumbra's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Penumbra's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Penumbra Fixed Asset Turnover Regression Statistics

Arithmetic Mean18.48
Geometric Mean11.29
Coefficient Of Variation92.13
Mean Deviation14.55
Median12.27
Standard Deviation17.02
Sample Variance289.77
Range40.8346
R-Value(0.92)
Mean Square Error46.72
R-Squared0.85
Slope(3.51)
Total Sum of Squares4,057

Penumbra Fixed Asset Turnover History

2024 3.35
2023 3.52
2022 2.91
2021 3.29
2020 4.4
2019 4.04
2018 12.57

About Penumbra Financial Statements

Penumbra investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Penumbra 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.
Last ReportedProjected for Next Year
Fixed Asset Turnover 3.52  3.35 
When determining whether Penumbra offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Penumbra's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Penumbra Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Penumbra Stock:
Check out the analysis of Penumbra Correlation against competitors.
To learn how to invest in Penumbra Stock, please use our How to Invest in Penumbra guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Penumbra. If investors know Penumbra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Penumbra listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.261
Earnings Share
0.87
Revenue Per Share
30.081
Quarterly Revenue Growth
0.111
Return On Assets
0.0333
The market value of Penumbra is measured differently than its book value, which is the value of Penumbra that is recorded on the company's balance sheet. Investors also form their own opinion of Penumbra's value that differs from its market value or its book value, called intrinsic value, which is Penumbra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Penumbra's market value can be influenced by many factors that don't directly affect Penumbra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Penumbra's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penumbra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penumbra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.