PNM Financial Statements From 2010 to 2025

PNMDelisted Stock  USD 43.25  0.21  0.48%   
PNM Old financial statements provide useful quarterly and yearly information to potential PNM Old investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on PNM Old financial statements helps investors assess PNM Old's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting PNM Old's valuation are summarized below:
PNM Old does not now have any trending fundamental ratios for analysis.
Check PNM Old financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PNM Old's main balance sheet or income statement drivers, such as , as well as many indicators such as . PNM financial statements analysis is a perfect complement when working with PNM Old Valuation or Volatility modules.
  
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

PNM Old Company Return On Equity Analysis

PNM Old'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current PNM Old Return On Equity

    
  0.0413  
Most of PNM Old'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, PNM Old 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, PNM Old has a Return On Equity of 0.0413. This is 99.29% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The return on equity for all United States stocks is 113.32% lower than that of the firm.

PNM Old Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining PNM Old's current stock value. Our valuation model uses many indicators to compare PNM Old value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PNM Old competition to find correlations between indicators driving PNM Old's intrinsic value. More Info.
PNM Old is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.34  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for PNM Old is roughly  2.95 . Comparative valuation analysis is a catch-all technique that is used if you cannot value PNM Old by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

About PNM Old Financial Statements

PNM Old investors utilize fundamental indicators, such as revenue or net income, to predict how PNM 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.
PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. PNM Resources, Inc. was incorporated in 1882 and is headquartered in Albuquerque, New Mexico. PNM Resources operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 1646 people.

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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Other Consideration for investing in PNM Stock

If you are still planning to invest in PNM Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PNM Old's history and understand the potential risks before investing.
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