Spruce Power Return On Equity vs. Current Valuation
| SPRU Stock | 2.40 0.10 4.35% |
For Spruce Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Spruce Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Spruce Power Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Spruce Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Spruce Power Holding over time as well as its relative position and ranking within its peers.
Spruce |
Is Automobiles and Trucks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spruce Power. If investors know Spruce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spruce Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Spruce Power Holding is measured differently than its book value, which is the value of Spruce that is recorded on the company's balance sheet. Investors also form their own opinion of Spruce Power's value that differs from its market value or its book value, called intrinsic value, which is Spruce Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spruce Power's market value can be influenced by many factors that don't directly affect Spruce Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spruce Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spruce Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spruce Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Spruce Power Holding Current Valuation vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Spruce Power's current stock value. Our valuation model uses many indicators to compare Spruce Power value to that of its competitors to determine the firm's financial worth. Spruce Power Holding is currently regarded as top stock in return on equity category among its peers. It is rated second in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Spruce Power by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Spruce Current Valuation vs. Return On Equity
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.
Spruce Power |
| = | -0.26 |
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.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Spruce Power |
| = | 542.36 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Spruce Current Valuation vs Competition
Spruce Power Holding is rated second in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is at this time estimated at about 34.75 Billion. Spruce Power claims roughly 542.36 Million in current valuation contributing just under 2% to equities under Information Technology industry.
Spruce Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Spruce Power. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Spruce Power position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Spruce Power's important profitability drivers and their relationship over time.
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Use Investing Themes to Complement your Spruce Power position
In addition to having Spruce Power in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 constituents at this time.
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Additional Tools for Spruce Stock Analysis
When running Spruce Power's price analysis, check to measure Spruce Power'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 Spruce Power is operating at the current time. Most of Spruce Power's value examination focuses on studying past and present price action to predict the probability of Spruce Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spruce Power's price. Additionally, you may evaluate how the addition of Spruce Power to your portfolios can decrease your overall portfolio volatility.