PRECISION Financial Statements From 2010 to 2025
| PRE1 Stock | EUR 41.40 1.40 3.50% |
Check PRECISION DRILLING financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PRECISION DRILLING's main balance sheet or income statement drivers, such as , as well as many indicators such as . PRECISION financial statements analysis is a perfect complement when working with PRECISION DRILLING Valuation or Volatility modules.
PRECISION |
PRECISION DRILLING P Company Return On Equity Analysis
PRECISION DRILLING'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.
Current PRECISION DRILLING Return On Equity | -0.0524 |
Most of PRECISION DRILLING'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, PRECISION DRILLING P 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, PRECISION DRILLING P has a Return On Equity of -0.0524. This is 97.35% lower than that of the Energy sector and 98.97% lower than that of the Oil & Gas Drilling industry. The return on equity for all Germany stocks is 83.1% lower than that of the firm.
PRECISION DRILLING Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PRECISION DRILLING's current stock value. Our valuation model uses many indicators to compare PRECISION DRILLING value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PRECISION DRILLING competition to find correlations between indicators driving PRECISION DRILLING's intrinsic value. More Info.PRECISION DRILLING P is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . 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 PRECISION DRILLING's earnings, one of the primary drivers of an investment's value.About PRECISION DRILLING Financial Statements
PRECISION DRILLING stakeholders use historical fundamental indicators, such as PRECISION DRILLING's revenue or net income, to determine how well the company is positioned to perform in the future. Although PRECISION DRILLING investors may analyze each financial statement separately, they are all interrelated. For example, changes in PRECISION DRILLING's assets and liabilities are reflected in the revenues and expenses on PRECISION DRILLING's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PRECISION DRILLING P. Please read more on our technical analysis and fundamental analysis pages.
Precision Drilling Corporation, an oilfield services company, provides oil and natural gas drilling and related products and services in North America and the Middle East. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada. PRECISION DRILLING operates under Oil Gas Drilling classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3500 people.
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Other Information on Investing in PRECISION Stock
PRECISION DRILLING financial ratios help investors to determine whether PRECISION Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PRECISION with respect to the benefits of owning PRECISION DRILLING security.