Patrick Industries Stock Fundamentals
| PK2 Stock | EUR 83.00 1.50 1.84% |
Patrick Industries fundamentals help investors to digest information that contributes to Patrick Industries' financial success or failures. It also enables traders to predict the movement of Patrick Stock. The fundamental analysis module provides a way to measure Patrick Industries' 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 Patrick Industries stock.
Patrick |
Patrick Industries Company Return On Equity Analysis
Patrick Industries' 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 Patrick Industries Return On Equity | 0.38 |
Most of Patrick Industries' 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, Patrick Industries 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, Patrick Industries has a Return On Equity of 0.381. This is 89.42% lower than that of the Consumer Cyclical sector and 152.19% lower than that of the Recreational Vehicles industry. The return on equity for all Germany stocks is notably lower than that of the firm.
Patrick Industries Fundamental Drivers 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 Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Patrick Industries' 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 Patrick Industries could also be used in its relative valuation, which is a method of valuing Patrick Industries by comparing valuation metrics of similar companies.Patrick Industries is considered to be number one stock in return on equity category among its peers.
Patrick Fundamentals
| Return On Equity | 0.38 | |||
| Return On Asset | 0.11 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.10 % | |||
| Current Valuation | 2.59 B | |||
| Shares Outstanding | 22.42 M | |||
| Shares Owned By Insiders | 6.56 % | |||
| Shares Owned By Institutions | 96.25 % | |||
| Price To Earning | 16.43 X | |||
| Price To Book | 1.35 X | |||
| Price To Sales | 0.26 X | |||
| Revenue | 4.88 B | |||
| Gross Profit | 1.06 B | |||
| EBITDA | 626.93 M | |||
| Net Income | 328.2 M | |||
| Cash And Equivalents | 58.4 M | |||
| Cash Per Share | 2.47 X | |||
| Total Debt | 1.28 B | |||
| Debt To Equity | 1.91 % | |||
| Current Ratio | 2.32 X | |||
| Book Value Per Share | 43.00 X | |||
| Cash Flow From Operations | 411.74 M | |||
| Earnings Per Share | 12.73 X | |||
| Target Price | 113.25 | |||
| Number Of Employees | 11 K | |||
| Beta | 1.9 | |||
| Market Capitalization | 1.53 B | |||
| Total Asset | 2.78 B | |||
| Z Score | 1.6 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 2.78 B | |||
| Last Dividend Paid | 1.44 |
About Patrick Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Patrick Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patrick Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patrick Industries 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.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.
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Additional Information and Resources on Investing in Patrick Stock
When determining whether Patrick Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patrick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patrick Industries Stock. Highlighted below are key reports to facilitate an investment decision about Patrick Industries Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Patrick Stock please use our How to Invest in Patrick Industries guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.