Patrick Industries Stock Return On Asset
| 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 Asset Analysis
Patrick Industries' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Patrick Industries Return On Asset | 0.11 |
Most of Patrick Industries' fundamental indicators, such as Return On Asset, 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.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Patrick Industries has a Return On Asset of 0.1142. This is 89.52% lower than that of the Consumer Cyclical sector and 81.87% lower than that of the Recreational Vehicles industry. The return on asset for all Germany stocks is 181.57% lower than that of the firm.
Patrick Return On Asset 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 Asset 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 currently under evaluation in return on asset 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.
Currently Active Assets on Macroaxis
| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin | |
| ADA | Cardano | |
| XRP | XRP |
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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.