Audax Renovables Financials
| ADX Stock | EUR 1.65 0.01 0.61% |
Audax |
Understanding current and past Audax Renovables Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Audax Renovables' financial statements are interrelated, with each one affecting the others. For example, an increase in Audax Renovables' assets may result in an increase in income on the income statement.
Please note, the presentation of Audax Renovables' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Audax Renovables' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Audax Renovables' management manipulating its earnings.
Audax Renovables Stock Summary
Audax Renovables competes with Grenergy Renovables, Solaria Energa, Lleidanetworks Serveis, and Soltec Power. Audax Renovables, S.A. engages in the generation and supplying of renewable electricity and gas in Spain, Portugal, Italy, Germany, Poland, the Netherlands, and Hungary. The company was incorporated in 2000 and is based in Badalona, Spain. AUDAX RENOVABLES operates under UtilitiesRenewable classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 757 people.| Foreign Associate | USA |
| Instrument | Spain Stock View All |
| Exchange | Madrid Exchange |
| ISIN | ES0136463017 |
| Business Address | Avenida Navarra, no |
| Sector | Utilities |
| Industry | Utilities—Renewable |
| Benchmark | Dow Jones Industrial |
| Website | www.audaxrenovables.com |
| Phone | 34 93 240 53 06 |
| Currency | EUR - Euro |
You should never invest in Audax Renovables without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Audax Stock, because this is throwing your money away. Analyzing the key information contained in Audax Renovables' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Audax Renovables Key Financial Ratios
Audax Renovables' financial ratios allow both analysts and investors to convert raw data from Audax Renovables' financial statements into concise, actionable information that can be used to evaluate the performance of Audax Renovables over time and compare it to other companies across industries.| Return On Equity | 0.0583 | |||
| Return On Asset | 0.0178 | |||
| Target Price | 2.5 | |||
| Number Of Employees | 806 | |||
| Beta | 1.34 |
Audax Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Audax Renovables's current stock value. Our valuation model uses many indicators to compare Audax Renovables value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Audax Renovables competition to find correlations between indicators driving Audax Renovables's intrinsic value. More Info.Audax Renovables SA is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.31 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Audax Renovables SA is roughly 3.28 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Audax Renovables by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Audax Renovables' 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.Audax Renovables Systematic Risk
Audax Renovables' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Audax Renovables volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Audax Renovables correlated with the market. If Beta is less than 0 Audax Renovables generally moves in the opposite direction as compared to the market. If Audax Renovables Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Audax Renovables is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Audax Renovables is generally in the same direction as the market. If Beta > 1 Audax Renovables moves generally in the same direction as, but more than the movement of the benchmark.
Audax Renovables December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Audax Renovables help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Audax Renovables SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Audax Renovables SA based on widely used predictive technical indicators. In general, we focus on analyzing Audax Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Audax Renovables's daily price indicators and compare them against related drivers.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 10.51 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 2.44 |
Complementary Tools for Audax Stock analysis
When running Audax Renovables' price analysis, check to measure Audax Renovables' 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 Audax Renovables is operating at the current time. Most of Audax Renovables' value examination focuses on studying past and present price action to predict the probability of Audax Renovables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Audax Renovables' price. Additionally, you may evaluate how the addition of Audax Renovables to your portfolios can decrease your overall portfolio volatility.
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