Patrick Industries Financials
| PK2 Stock | EUR 83.00 1.50 1.84% |
Patrick |
Patrick Industries Stock Summary
Patrick Industries competes with BRP, Fox Factory, Winnebago Industries, and . Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States and Canada. The company was founded in 1959 and is headquartered in Elkhart, Indiana. PATRICK IND operates under Recreational Vehicles classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10000 people.| Foreign Associate | Germany |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US7033431039 |
| Business Address | 107 West Franklin |
| Sector | Consumer Cyclical |
| Industry | Recreational Vehicles |
| Benchmark | Dow Jones Industrial |
| Website | www.patrickind.com |
| Phone | 574 294 7511 |
| Currency | EUR - Euro |
You should never invest in Patrick Industries without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Patrick Stock, because this is throwing your money away. Analyzing the key information contained in Patrick Industries' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Patrick Industries Key Financial Ratios
There are many critical financial ratios that Patrick Industries' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Patrick Industries reports annually and quarterly.| Return On Equity | 0.38 | |||
| Return On Asset | 0.11 | |||
| Target Price | 113.25 | |||
| Beta | 1.9 | |||
| Z Score | 1.6 |
Patrick Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Patrick Industries's current stock value. Our valuation model uses many indicators to compare Patrick Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Patrick Industries competition to find correlations between indicators driving Patrick Industries's intrinsic value. More Info.Patrick Industries is regarded second in return on equity category among its peers. It is regarded fourth in return on asset category among its peers reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Patrick Industries is roughly 3.34 . 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 Patrick Industries' earnings, one of the primary drivers of an investment's value.Patrick Industries Systematic Risk
Patrick Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Patrick Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Patrick Industries correlated with the market. If Beta is less than 0 Patrick Industries generally moves in the opposite direction as compared to the market. If Patrick Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Patrick Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Patrick Industries is generally in the same direction as the market. If Beta > 1 Patrick Industries moves generally in the same direction as, but more than the movement of the benchmark.
Patrick Industries January 16, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Patrick Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Patrick Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Patrick Industries based on widely used predictive technical indicators. In general, we focus on analyzing Patrick Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Patrick Industries's daily price indicators and compare them against related drivers.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 11.63 | |||
| Value At Risk | (3.31) | |||
| Potential Upside | 3.87 |
Complementary Tools for Patrick Stock analysis
When running Patrick Industries' price analysis, check to measure Patrick Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Patrick Industries is operating at the current time. Most of Patrick Industries' value examination focuses on studying past and present price action to predict the probability of Patrick Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patrick Industries' price. Additionally, you may evaluate how the addition of Patrick Industries to your portfolios can decrease your overall portfolio volatility.
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