PNM Old Financials

Based on the measurements of operating efficiency obtained from PNM Old's historical financial statements, PNM Old is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
  

PNM Old Stock Summary

PNM Old competes with Portland General, MGE Energy, CMS Energy, OGE Energy, and Alliant Energy. PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. PNM Resources, Inc. was incorporated in 1882 and is headquartered in Albuquerque, New Mexico. PNM Resources operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 1646 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
Business Address414 Silver Avenue
New SymbolTXNM
SectorElectric Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.pnmresources.com
Phone505 241 2700
CurrencyUSD - US Dollar

PNM Old Key Financial Ratios

PNM Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining PNM Old's current stock value. Our valuation model uses many indicators to compare PNM Old value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PNM Old competition to find correlations between indicators driving PNM Old's intrinsic value. More Info.
PNM Old is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.34  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for PNM Old is roughly  2.95 . Comparative valuation analysis is a catch-all technique that is used if you cannot value PNM Old by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Other Consideration for investing in PNM Stock

If you are still planning to invest in PNM Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PNM Old's history and understand the potential risks before investing.
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