Targa Financial Statements From 2010 to 2024
| TAR Stock | EUR 168.80 3.05 1.84% |
Check Targa Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Targa Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . Targa financial statements analysis is a perfect complement when working with Targa Resources Valuation or Volatility modules.
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Targa Resources Corp Company Return On Equity Analysis
Targa 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 Targa Resources Return On Equity | 0.28 |
Most of Targa 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, Targa Resources Corp 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, Targa Resources Corp has a Return On Equity of 0.2807. This is 114.18% lower than that of the Energy sector and 91.42% lower than that of the Oil & Gas Midstream industry. The return on equity for all Germany stocks is 190.55% lower than that of the firm.
Targa Resources Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Targa Resources's current stock value. Our valuation model uses many indicators to compare Targa Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Targa Resources competition to find correlations between indicators driving Targa Resources's intrinsic value. More Info.Targa Resources Corp is currently regarded as top stock in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.22 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Targa Resources Corp is roughly 4.51 . 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 Targa Resources' earnings, one of the primary drivers of an investment's value.About Targa Resources Financial Statements
Targa Resources stakeholders use historical fundamental indicators, such as Targa Resources' revenue or net income, to determine how well the company is positioned to perform in the future. Although Targa Resources investors may analyze each financial statement separately, they are all interrelated. For example, changes in Targa Resources' assets and liabilities are reflected in the revenues and expenses on Targa 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 Targa Resources Corp. Please read more on our technical analysis and fundamental analysis pages.
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas. TARGA RESOURCES operates under Oil Gas Midstream classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2460 people.
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Other Information on Investing in Targa Stock
Targa Resources financial ratios help investors to determine whether Targa 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 Targa with respect to the benefits of owning Targa Resources security.