MODIVCARE Financial Statements From 2010 to 2024
| PRF0 Stock | EUR 17.50 0.40 2.34% |
Check MODIVCARE INC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MODIVCARE INC's main balance sheet or income statement drivers, such as , as well as many indicators such as . MODIVCARE financial statements analysis is a perfect complement when working with MODIVCARE INC Valuation or Volatility modules.
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MODIVCARE INC DL 001 Company Return On Equity Analysis
MODIVCARE INC'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 MODIVCARE INC Return On Equity | -0.15 |
Most of MODIVCARE INC'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, MODIVCARE INC DL 001 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, MODIVCARE INC DL 001 has a Return On Equity of -0.148. This is 99.38% lower than that of the Healthcare sector and significantly lower than that of the Medical Care Facilities industry. The return on equity for all Germany stocks is 52.26% lower than that of the firm.
MODIVCARE INC DL Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MODIVCARE INC's current stock value. Our valuation model uses many indicators to compare MODIVCARE INC value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MODIVCARE INC competition to find correlations between indicators driving MODIVCARE INC's intrinsic value. More Info.MODIVCARE INC DL 001 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 MODIVCARE INC's earnings, one of the primary drivers of an investment's value.About MODIVCARE INC Financial Statements
MODIVCARE INC stakeholders use historical fundamental indicators, such as MODIVCARE INC's revenue or net income, to determine how well the company is positioned to perform in the future. Although MODIVCARE INC investors may analyze each financial statement separately, they are all interrelated. For example, changes in MODIVCARE INC's assets and liabilities are reflected in the revenues and expenses on MODIVCARE INC'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 MODIVCARE INC DL 001. Please read more on our technical analysis and fundamental analysis pages.
ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutions for public and private payors and patients. The company was founded in 1996 and is headquartered in Denver, Colorado. MODIVCARE INC operates under Medical Care Facilities classification in Germany and is traded on Frankfurt Stock Exchange. It employs 17500 people.
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Other Information on Investing in MODIVCARE Stock
MODIVCARE INC financial ratios help investors to determine whether MODIVCARE 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 MODIVCARE with respect to the benefits of owning MODIVCARE INC security.