Sandfire Financial Statements From 2010 to 2024
| S2Z Stock | EUR 5.80 0.25 4.13% |
Check Sandfire Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sandfire Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Sandfire financial statements analysis is a perfect complement when working with Sandfire Resources Valuation or Volatility modules.
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Sandfire Resources Limited Company Return On Equity Analysis
Sandfire Resources' 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 Sandfire Resources Return On Equity | 0.0162 |
Most of Sandfire Resources' 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, Sandfire Resources Limited 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, Sandfire Resources Limited has a Return On Equity of 0.0162. This is 98.22% lower than that of the Basic Materials sector and 99.21% lower than that of the Copper industry. The return on equity for all Germany stocks is 105.23% lower than that of the firm.
Sandfire Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sandfire Resources's current stock value. Our valuation model uses many indicators to compare Sandfire Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sandfire Resources competition to find correlations between indicators driving Sandfire Resources's intrinsic value. More Info.Sandfire Resources Limited is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 1.72 of Return On Asset per Return On Equity. 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 Sandfire Resources' earnings, one of the primary drivers of an investment's value.About Sandfire Resources Financial Statements
Sandfire Resources stakeholders use historical fundamental indicators, such as Sandfire Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Sandfire Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sandfire Resources' assets and liabilities are reflected in the revenues and expenses on Sandfire Resources' 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 Sandfire Resources Limited. Please read more on our technical analysis and fundamental analysis pages.
Sandfire Resources NL explores for, evaluates, and develops mineral tenements and projects in Australia and internationally. Sandfire Resources NL was incorporated in 2003 and is based in West Perth, Australia. SANDFIRE RESOURCES operates under Copper classification in Germany and is traded on Frankfurt Stock Exchange.
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Other Information on Investing in Sandfire Stock
Sandfire Resources financial ratios help investors to determine whether Sandfire 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 Sandfire with respect to the benefits of owning Sandfire Resources security.