Cirtek Financial Statements From 2010 to 2024
| TCB2D Stock | 43.55 0.05 0.11% |
Check Cirtek Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cirtek Holdings' main balance sheet or income statement drivers, such as , as well as many indicators such as . Cirtek financial statements analysis is a perfect complement when working with Cirtek Holdings Valuation or Volatility modules.
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Cirtek Holdings Philippines Company Return On Equity Analysis
Cirtek Holdings' 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 Cirtek Holdings Return On Equity | 4.15 |
Most of Cirtek Holdings' 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, Cirtek Holdings Philippines 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, Cirtek Holdings Philippines has a Return On Equity of 4.1549. This is much higher than that of the Information Technology sector and significantly higher than that of the Semiconductors & Semiconductor Equipment industry. The return on equity for all Philippines stocks is notably lower than that of the firm.
Cirtek Holdings Phil Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cirtek Holdings's current stock value. Our valuation model uses many indicators to compare Cirtek Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cirtek Holdings competition to find correlations between indicators driving Cirtek Holdings's intrinsic value. More Info.Cirtek Holdings Philippines is currently regarded as top stock in return on equity category among its peers. It also is currently regarded number one company in revenue category among its peers totaling about 16,584,563 of Revenue 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 Cirtek Holdings' earnings, one of the primary drivers of an investment's value.About Cirtek Holdings Financial Statements
Cirtek Holdings 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 Cirtek Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Cirtek Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cirtek Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
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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 Cirtek Stock Analysis
When running Cirtek Holdings' price analysis, check to measure Cirtek Holdings' 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 Cirtek Holdings is operating at the current time. Most of Cirtek Holdings' value examination focuses on studying past and present price action to predict the probability of Cirtek Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cirtek Holdings' price. Additionally, you may evaluate how the addition of Cirtek Holdings to your portfolios can decrease your overall portfolio volatility.