Precise Financial Statements From 2010 to 2024
PREC Stock | SEK 5.72 0.33 5.45% |
Check Precise Biometrics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precise Biometrics' main balance sheet or income statement drivers, such as , as well as many indicators such as . Precise financial statements analysis is a perfect complement when working with Precise Biometrics Valuation or Volatility modules.
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Precise Biometrics AB Company Return On Equity Analysis
Precise Biometrics' 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 Precise Biometrics Return On Equity | -0.12 |
Most of Precise Biometrics' 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, Precise Biometrics AB 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.
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Based on the latest financial disclosure, Precise Biometrics AB has a Return On Equity of -0.1186. This is 126.95% lower than that of the Electronic Equipment, Instruments & Components sector and 98.0% lower than that of the Information Technology industry. The return on equity for all Sweden stocks is 61.74% lower than that of the firm.
Precise Biometrics Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Precise Biometrics's current stock value. Our valuation model uses many indicators to compare Precise Biometrics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Precise Biometrics competition to find correlations between indicators driving Precise Biometrics's intrinsic value. More Info.Precise Biometrics AB 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 Precise Biometrics' earnings, one of the primary drivers of an investment's value.About Precise Biometrics Financial Statements
Precise Biometrics shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Precise Biometrics investors may analyze each financial statement separately, they are all interrelated. The changes in Precise Biometrics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Precise Biometrics' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Precise Biometrics AB develops and sells biometric authentication solutions for peoples digital identity and fingerprints in mobile phones and smart cards. Precise Biometrics AB was founded in 1997 and is headquartered in Lund, Sweden. Precise Biometrics operates under Security Protection Services classification in Sweden and is traded on Stockholm Stock Exchange. It employs 27 people.
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Additional Tools for Precise Stock Analysis
When running Precise Biometrics' price analysis, check to measure Precise Biometrics' 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 Precise Biometrics is operating at the current time. Most of Precise Biometrics' value examination focuses on studying past and present price action to predict the probability of Precise Biometrics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precise Biometrics' price. Additionally, you may evaluate how the addition of Precise Biometrics to your portfolios can decrease your overall portfolio volatility.