Prokidney Corp Stock Return On Equity
| PROK Stock | USD 1.72 0.02 1.18% |
ProKidney Corp fundamentals help investors to digest information that contributes to ProKidney Corp's financial success or failures. It also enables traders to predict the movement of ProKidney Stock. The fundamental analysis module provides a way to measure ProKidney Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to ProKidney Corp stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.03 | 0.03 |
ProKidney | Return On Equity |
ProKidney Corp Company Return On Equity Analysis
ProKidney Corp'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 ProKidney Corp Return On Equity | -0.31 |
Most of ProKidney Corp'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, ProKidney Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ProKidney Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for ProKidney Corp is extremely important. It helps to project a fair market value of ProKidney Stock properly, considering its historical fundamentals such as Return On Equity. Since ProKidney Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of ProKidney Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of ProKidney Corp's interrelated accounts and indicators.
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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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ProKidney Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, ProKidney Corp has a Return On Equity of -0.3134. This is 98.69% lower than that of the Biotechnology sector and 99.14% lower than that of the Health Care industry. The return on equity for all United States stocks is 1.1% higher than that of the company.
ProKidney Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProKidney Corp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ProKidney Corp could also be used in its relative valuation, which is a method of valuing ProKidney Corp by comparing valuation metrics of similar companies.ProKidney Corp is currently under evaluation in return on equity category among its peers.
ProKidney Fundamentals
| Return On Equity | -0.31 | ||||
| Return On Asset | -0.2 | ||||
| Current Valuation | (180.27 M) | ||||
| Shares Outstanding | 127.97 M | ||||
| Shares Owned By Insiders | 27.43 % | ||||
| Shares Owned By Institutions | 43.81 % | ||||
| Number Of Shares Shorted | 10.65 M | ||||
| Price To Book | 91.32 X | ||||
| EBITDA | (147.67 M) | ||||
| Net Income | (135.45 M) | ||||
| Cash And Equivalents | 21.88 M | ||||
| Cash Per Share | 0.36 X | ||||
| Total Debt | 4.41 M | ||||
| Debt To Equity | 5.66 % | ||||
| Current Ratio | 0.74 X | ||||
| Book Value Per Share | (7.66) X | ||||
| Cash Flow From Operations | (90.07 M) | ||||
| Short Ratio | 22.54 X | ||||
| Earnings Per Share | (0.54) X | ||||
| Target Price | 4.67 | ||||
| Number Of Employees | 163 | ||||
| Beta | 1.31 | ||||
| Market Capitalization | 1.81 B | ||||
| Total Asset | 420.55 M | ||||
| Retained Earnings | (1.14 B) | ||||
| Working Capital | 349.11 M | ||||
| Net Asset | 420.55 M |
About ProKidney Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProKidney Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProKidney Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProKidney Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ProKidney Corp. If investors know ProKidney will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ProKidney Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ProKidney Corp is measured differently than its book value, which is the value of ProKidney that is recorded on the company's balance sheet. Investors also form their own opinion of ProKidney Corp's value that differs from its market value or its book value, called intrinsic value, which is ProKidney Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProKidney Corp's market value can be influenced by many factors that don't directly affect ProKidney Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProKidney Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProKidney Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProKidney Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.