Prime Financial Statements From 2010 to 2024
| PRIM Stock | ILA 677.90 1.90 0.28% |
Check Prime Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prime Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Prime financial statements analysis is a perfect complement when working with Prime Energy Valuation or Volatility modules.
Prime |
Prime Energy PE Company Return On Equity Analysis
Prime Energy'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 Prime Energy Return On Equity | -0.25 |
Most of Prime Energy'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, Prime Energy PE 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, Prime Energy PE has a Return On Equity of -0.2509. This is 104.3% lower than that of the Utilities sector and significantly lower than that of the Utilities—Renewable industry. The return on equity for all Israel stocks is 19.06% lower than that of the firm.
Prime Energy PE Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prime Energy's current stock value. Our valuation model uses many indicators to compare Prime Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prime Energy competition to find correlations between indicators driving Prime Energy's intrinsic value. More Info.Prime Energy PE is regarded fifth in return on equity category among its peers. It is regarded second in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Prime Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Prime Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Prime Energy Financial Statements
Prime Energy stakeholders use historical fundamental indicators, such as Prime Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Prime Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prime Energy's assets and liabilities are reflected in the revenues and expenses on Prime Energy'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 Prime Energy PE. Please read more on our technical analysis and fundamental analysis pages.
Ltd engages in the renewable energy business in Israel and internationally. The company was founded in 2013 and is based in Tel Aviv, Israel. PRIME ENERGY operates under UtilitiesRenewable classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 8 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.Other Information on Investing in Prime Stock
Prime Energy financial ratios help investors to determine whether Prime 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 Prime with respect to the benefits of owning Prime Energy security.