Brooge Energy Limited Stock Return On Equity

BROGW Stock  USD 0  0.0008  53.33%   
Brooge Energy Limited fundamentals help investors to digest information that contributes to Brooge Energy's financial success or failures. It also enables traders to predict the movement of Brooge Stock. The fundamental analysis module provides a way to measure Brooge Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Brooge Energy stock.
Last ReportedProjected for Next Year
Return On Equity(0.85)(0.81)
Return On Equity is likely to climb to -0.81 in 2024.
  
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Brooge Energy Limited Company Return On Equity Analysis

Brooge 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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Brooge Energy Return On Equity

    
  -0.6  
Most of Brooge 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, Brooge Energy Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Brooge Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Brooge Energy is extremely important. It helps to project a fair market value of Brooge Stock properly, considering its historical fundamentals such as Return On Equity. Since Brooge Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Brooge Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Brooge Energy's interrelated accounts and indicators.
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Click cells to compare fundamentals
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

Brooge Total Stockholder Equity

Total Stockholder Equity

87.23 Million

At this time, Brooge Energy's Total Stockholder Equity is fairly stable compared to the past year.
Based on the latest financial disclosure, Brooge Energy Limited has a Return On Equity of -0.5972. This is much lower than that of the Oil, Gas & Consumable Fuels sector and significantly lower than that of the Energy industry. The return on equity for all United States stocks is notably higher than that of the company.

Brooge Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Brooge Energy's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Brooge Energy could also be used in its relative valuation, which is a method of valuing Brooge Energy by comparing valuation metrics of similar companies.
Brooge Energy is currently under evaluation in return on equity category among its peers.

Brooge Energy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Brooge Energy from analyzing Brooge Energy's financial statements. These drivers represent accounts that assess Brooge Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Brooge Energy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap708.7M903.2M809.9M471.0M541.6M842.5M
Enterprise Value992.7M808.4M1.1B1.1B967.6M796.2M

Brooge Fundamentals

About Brooge Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Brooge Energy Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brooge Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brooge Energy Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Brooge Stock Analysis

When running Brooge Energy's price analysis, check to measure Brooge Energy's 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 Brooge Energy is operating at the current time. Most of Brooge Energy's value examination focuses on studying past and present price action to predict the probability of Brooge Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brooge Energy's price. Additionally, you may evaluate how the addition of Brooge Energy to your portfolios can decrease your overall portfolio volatility.