Grendene Financials
| GRND3 Stock | BRL 5.18 0.06 1.17% |
Grendene |
Understanding current and past Grendene Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Grendene's financial statements are interrelated, with each one affecting the others. For example, an increase in Grendene's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Grendene's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Grendene SA. Check Grendene's Beneish M Score to see the likelihood of Grendene's management manipulating its earnings.
Grendene Stock Summary
Grendene competes with M Dias, Fleury SA, Engie Brasil, Odontoprev, and EZTEC Empreendimentos. Grendene S.A. develops, manufactures, distributes, and sells footwear for men, women, and children primarily in Brazil. Grendene S.A. was founded in 1971 and is headquartered in Sobral, Brazil. GRENDENE operates under Footwear Accessories classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 20240 people.| Instrument | Brazil Stock View All |
| Exchange | Sao Paulo Exchange |
| ISIN | BRGRNDACNOR3 |
| Business Address | Avenida Pimentel Gomes |
| Sector | Textiles, Apparel & Luxury Goods |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.grendene.com.br |
| Phone | 55 88 3112 2999 |
| Currency | BRL - Brazilian Real |
You should never invest in Grendene without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Grendene Stock, because this is throwing your money away. Analyzing the key information contained in Grendene's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Grendene Key Financial Ratios
There are many critical financial ratios that Grendene's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Grendene SA reports annually and quarterly.| Return On Equity | 0.14 | |||
| Return On Asset | 0.041 | |||
| Target Price | 8.5 | |||
| Beta | 0.56 | |||
| Z Score | 50.4 |
Grendene Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Grendene's current stock value. Our valuation model uses many indicators to compare Grendene value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Grendene competition to find correlations between indicators driving Grendene's intrinsic value. More Info.Grendene SA is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Grendene SA is roughly 3.48 . 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 Grendene's earnings, one of the primary drivers of an investment's value.Grendene SA Systematic Risk
Grendene's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Grendene 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Grendene SA correlated with the market. If Beta is less than 0 Grendene generally moves in the opposite direction as compared to the market. If Grendene Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Grendene SA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Grendene is generally in the same direction as the market. If Beta > 1 Grendene moves generally in the same direction as, but more than the movement of the benchmark.
Grendene December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Grendene help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Grendene SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Grendene SA based on widely used predictive technical indicators. In general, we focus on analyzing Grendene Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Grendene's daily price indicators and compare them against related drivers.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 8.75 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 1.77 |
Additional Tools for Grendene Stock Analysis
When running Grendene's price analysis, check to measure Grendene's 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 Grendene is operating at the current time. Most of Grendene's value examination focuses on studying past and present price action to predict the probability of Grendene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grendene's price. Additionally, you may evaluate how the addition of Grendene to your portfolios can decrease your overall portfolio volatility.