Profire Good Will from 2010 to 2024

PFIE Stock  USD 2.52  0.01  0.40%   
Profire Ene's Good Will is increasing over the years with slightly volatile fluctuation. Good Will is expected to dwindle to about 1.6 M. Good Will is an intangible asset that arises when Profire Ene acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2011-06-30
Previous Quarter
2.6 M
Current Value
2.6 M
Quarterly Volatility
M
 
Yuan Drop
 
Covid
Check Profire Ene financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Profire Ene's main balance sheet or income statement drivers, such as Depreciation And Amortization of 687.1 K, Interest Expense of 9 K or Selling General Administrative of 8.7 M, as well as many indicators such as Price To Sales Ratio of 2.82, Dividend Yield of 0.0 or PTB Ratio of 1.06. Profire financial statements analysis is a perfect complement when working with Profire Ene Valuation or Volatility modules.
  
Check out the analysis of Profire Ene Correlation against competitors.
For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.

Latest Profire Ene's Good Will Growth Pattern

Below is the plot of the Good Will of Profire Ene over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Profire Ene's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Profire Ene's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Profire Good Will Regression Statistics

Arithmetic Mean1,327,454
Geometric Mean0.00
Coefficient Of Variation82.14
Mean Deviation927,811
Median997,701
Standard Deviation1,090,369
Sample Variance1.2T
Range3M
R-Value0.88
Mean Square Error278.2B
R-Squared0.78
Significance0.000012
Slope215,704
Total Sum of Squares16.6T

Profire Good Will History

20241.6 M
2023M
20192.6 M
2016997.7 K
2014997.7 K

About Profire Ene Financial Statements

Profire Ene stakeholders use historical fundamental indicators, such as Profire Ene's Good Will, to determine how well the company is positioned to perform in the future. Although Profire Ene investors may analyze each financial statement separately, they are all interrelated. For example, changes in Profire Ene's assets and liabilities are reflected in the revenues and expenses on Profire Ene'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 Profire Ene. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Good WillM1.6 M

Also Currently Popular

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.
When determining whether Profire Ene is a strong investment it is important to analyze Profire Ene'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 Profire Ene's future performance. For an informed investment choice regarding Profire Stock, refer to the following important reports:
Check out the analysis of Profire Ene Correlation against competitors.
For information on how to trade Profire Stock refer to our How to Trade Profire Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Oil & Gas Equipment & Services 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 Profire Ene. If investors know Profire 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 Profire Ene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.19
Revenue Per Share
1.276
Quarterly Revenue Growth
0.151
Return On Assets
0.0941
Return On Equity
0.1541
The market value of Profire Ene is measured differently than its book value, which is the value of Profire that is recorded on the company's balance sheet. Investors also form their own opinion of Profire Ene's value that differs from its market value or its book value, called intrinsic value, which is Profire Ene'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 Profire Ene's market value can be influenced by many factors that don't directly affect Profire Ene'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 Profire Ene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Profire Ene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Profire Ene'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.