Veltex Financial Statements From 2010 to 2024
| VLXC Stock | USD 0.08 0.01 10.57% |
Check Veltex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veltex's main balance sheet or income statement drivers, such as , as well as many indicators such as . Veltex financial statements analysis is a perfect complement when working with Veltex Valuation or Volatility modules.
Veltex |
Veltex OTC Stock Return On Equity Analysis
Veltex'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 Veltex Return On Equity | 0.12 |
Most of Veltex'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, Veltex 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, Veltex has a Return On Equity of 0.1189. This is 100.5% lower than that of the Healthcare sector and significantly higher than that of the Medical Care Facilities industry. The return on equity for all United States stocks is 138.35% lower than that of the firm.
Veltex Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Veltex's current stock value. Our valuation model uses many indicators to compare Veltex value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Veltex competition to find correlations between indicators driving Veltex's intrinsic value. More Info.Veltex is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.59 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Veltex is roughly 1.70 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Veltex by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Veltex's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Veltex Financial Statements
Veltex stakeholders use historical fundamental indicators, such as Veltex's revenue or net income, to determine how well the company is positioned to perform in the future. Although Veltex investors may analyze each financial statement separately, they are all interrelated. For example, changes in Veltex's assets and liabilities are reflected in the revenues and expenses on Veltex'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 Veltex. Please read more on our technical analysis and fundamental analysis pages.
Veltex Corporation focuses on the development and acquisition of companies that have modalities in the areas of health, wellness, and recovery. The company was founded in 1987 and is headquartered in Chicago, Illinois. VELTEX CORP operates under Medical Care Facilities classification in the United States and is traded on OTC Exchange.
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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.Other Information on Investing in Veltex OTC Stock
Veltex financial ratios help investors to determine whether Veltex OTC 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 Veltex with respect to the benefits of owning Veltex security.