PNM Financial Statements From 2010 to 2024
| PNMDelisted Stock | USD 43.25 0.21 0.48% |
Check PNM Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PNM Resources' main balance sheet or income statement drivers, such as , as well as many indicators such as . PNM financial statements analysis is a perfect complement when working with PNM Resources Valuation or Volatility modules.
PNM |
PNM Resources Company Return On Equity Analysis
PNM Resources' 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 PNM Resources Return On Equity | 0.0413 |
Most of PNM Resources' 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, PNM Resources 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.
CompetitionBased on the latest financial disclosure, PNM Resources has a Return On Equity of 0.0413. This is 99.29% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The return on equity for all United States stocks is 113.32% lower than that of the firm.
PNM Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PNM Resources's current stock value. Our valuation model uses many indicators to compare PNM Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PNM Resources competition to find correlations between indicators driving PNM Resources's intrinsic value. More Info.PNM Resources 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 Resources is roughly 2.95 . Comparative valuation analysis is a catch-all technique that is used if you cannot value PNM Resources 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.About PNM Resources Financial Statements
PNM Resources investors utilize fundamental indicators, such as revenue or net income, to predict how PNM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
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.
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Other Consideration for investing in PNM Stock
If you are still planning to invest in PNM Resources 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 Resources' history and understand the potential risks before investing.
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