Pettenati Financial Statements From 2010 to 2024
| PTNT3 Stock | BRL 8.29 0.14 1.72% |
Check Pettenati financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pettenati's main balance sheet or income statement drivers, such as , as well as many indicators such as . Pettenati financial statements analysis is a perfect complement when working with Pettenati Valuation or Volatility modules.
Pettenati |
Pettenati SA Industria Company Return On Equity Analysis
Pettenati'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 Pettenati Return On Equity | 0.22 |
Most of Pettenati'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, Pettenati SA Industria 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, Pettenati SA Industria has a Return On Equity of 0.2156. This is 94.01% lower than that of the Consumer Cyclical sector and 96.65% lower than that of the Textile Manufacturing industry. The return on equity for all Brazil stocks is 169.55% lower than that of the firm.
Pettenati SA Industria Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Pettenati's current stock value. Our valuation model uses many indicators to compare Pettenati value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Pettenati competition to find correlations between indicators driving Pettenati's intrinsic value. More Info.Pettenati SA Industria is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.34 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Pettenati SA Industria is roughly 2.98 . 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 Pettenati's earnings, one of the primary drivers of an investment's value.About Pettenati Financial Statements
Pettenati 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 Pettenati investors may analyze each financial statement separately, they are all interrelated. The changes in Pettenati's assets and liabilities, for example, are also reflected in the revenues and expenses on on Pettenati's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Industria Txtil manufactures and sells textile products for men, women, children, and babies in Brazil and internationally. Industria Txtil was founded in 1964 and is headquartered in Caxias do Sul, Brazil. Pettenati operates under Textile Manufacturing classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1787 people.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Pettenati Stock Analysis
When running Pettenati's price analysis, check to measure Pettenati'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 Pettenati is operating at the current time. Most of Pettenati's value examination focuses on studying past and present price action to predict the probability of Pettenati's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pettenati's price. Additionally, you may evaluate how the addition of Pettenati to your portfolios can decrease your overall portfolio volatility.