REN Financial Statements From 2010 to 2024
| RENE Stock | EUR 2.46 0.01 0.41% |
Check REN Redes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among REN Redes' main balance sheet or income statement drivers, such as , as well as many indicators such as . REN financial statements analysis is a perfect complement when working with REN Redes Valuation or Volatility modules.
REN |
REN Redes Company Return On Equity Analysis
REN Redes' 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 REN Redes Return On Equity | 0.0775 |
Most of REN Redes' 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, REN Redes 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, REN Redes has a Return On Equity of 0.0775. This is 98.67% lower than that of the Multi-Utilities sector and 99.8% lower than that of the Utilities industry. The return on equity for all Portugal stocks is 125.0% lower than that of the firm.
REN Redes Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining REN Redes's current stock value. Our valuation model uses many indicators to compare REN Redes value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across REN Redes competition to find correlations between indicators driving REN Redes's intrinsic value. More Info.REN Redes is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for REN Redes is roughly 3.35 . 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 REN Redes' earnings, one of the primary drivers of an investment's value.About REN Redes Financial Statements
REN Redes 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 REN Redes investors may analyze each financial statement separately, they are all interrelated. The changes in REN Redes' assets and liabilities, for example, are also reflected in the revenues and expenses on on REN Redes' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
REN - Redes Energticas Nacionais, SGPS, S.A., through its subsidiaries, engages in the transmission of electricity and natural gas in Portugal. The company was founded in 1994 and is headquartered in Lisbon, Portugal. Reneuron Group operates under Utilities - Diversified classification in Exotistan and is traded on Commodity Exchange. It employs 675 people.
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Additional Tools for REN Stock Analysis
When running REN Redes' price analysis, check to measure REN Redes' 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 REN Redes is operating at the current time. Most of REN Redes' value examination focuses on studying past and present price action to predict the probability of REN Redes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REN Redes' price. Additionally, you may evaluate how the addition of REN Redes to your portfolios can decrease your overall portfolio volatility.