Turcas Financial Statements From 2010 to 2024
TRCAS Stock | TRY 23.38 0.20 0.85% |
Check Turcas Petrol financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Turcas Petrol's main balance sheet or income statement drivers, such as , as well as many indicators such as . Turcas financial statements analysis is a perfect complement when working with Turcas Petrol Valuation or Volatility modules.
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Turcas Petrol AS Company Return On Equity Analysis
Turcas Petrol'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 Turcas Petrol Return On Equity | 1.01 |
Most of Turcas Petrol'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, Turcas Petrol AS 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, Turcas Petrol AS has a Return On Equity of 1.0111. This is 82.66% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The return on equity for all Turkey stocks is notably lower than that of the firm.
Turcas Petrol AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Turcas Petrol's current stock value. Our valuation model uses many indicators to compare Turcas Petrol value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Turcas Petrol competition to find correlations between indicators driving Turcas Petrol's intrinsic value. More Info.Turcas Petrol AS is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Turcas Petrol by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Turcas Petrol'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 Turcas Petrol Financial Statements
Investors use fundamental indicators, such as Turcas Petrol's revenue or net income, to determine how well the company is positioned to perform in the future. Although Turcas Petrol's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Turcas Petrol A.S., through its subsidiaries, operates in the fuel retail and lubricants, conventional energy, and renewable energy fields primarily in Turkey. The company was founded in 1931 and is headquartered in Istanbul, Turkey. TURCAS PETROL operates under UtilitiesIndependent Power Producers classification in Turkey and is traded on Istanbul Stock Exchange. It employs 82 people.
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Turcas Petrol financial ratios help investors to determine whether Turcas 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 Turcas with respect to the benefits of owning Turcas Petrol security.