THORNEY Financial Statements From 2010 to 2024
| TTG Stock | EUR 0.08 0.01 8.39% |
Check THORNEY TECHS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among THORNEY TECHS's main balance sheet or income statement drivers, such as , as well as many indicators such as . THORNEY financial statements analysis is a perfect complement when working with THORNEY TECHS Valuation or Volatility modules.
THORNEY |
THORNEY TECHS LTD Company Return On Equity Analysis
THORNEY TECHS'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 THORNEY TECHS Return On Equity | -0.27 |
Most of THORNEY TECHS'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, THORNEY TECHS LTD 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, THORNEY TECHS LTD has a Return On Equity of -0.2733. This is much lower than that of the sector and significantly lower than that of the Return On Equity industry. The return on equity for all Germany stocks is notably higher than that of the company.
THORNEY TECHS LTD Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining THORNEY TECHS's current stock value. Our valuation model uses many indicators to compare THORNEY TECHS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across THORNEY TECHS competition to find correlations between indicators driving THORNEY TECHS's intrinsic value. More Info.THORNEY TECHS LTD 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 . 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 THORNEY TECHS's earnings, one of the primary drivers of an investment's value.About THORNEY TECHS Financial Statements
THORNEY TECHS stakeholders use historical fundamental indicators, such as THORNEY TECHS's revenue or net income, to determine how well the company is positioned to perform in the future. Although THORNEY TECHS investors may analyze each financial statement separately, they are all interrelated. For example, changes in THORNEY TECHS's assets and liabilities are reflected in the revenues and expenses on THORNEY TECHS's 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 THORNEY TECHS LTD. Please read more on our technical analysis and fundamental analysis pages.
Thorney Technologies Ltd invests in technology related companies. Thorney Technologies Ltd was founded in 2005 and is based in Melbourne, Australia. THORNEY TECHS is traded on Frankfurt Stock Exchange in Germany.
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Other Information on Investing in THORNEY Stock
THORNEY TECHS financial ratios help investors to determine whether THORNEY 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 THORNEY with respect to the benefits of owning THORNEY TECHS security.