Priortech Financial Statements From 2010 to 2024
| PRTC Stock | ILS 16,380 120.00 0.73% |
Check Priortech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Priortech's main balance sheet or income statement drivers, such as , as well as many indicators such as . Priortech financial statements analysis is a perfect complement when working with Priortech Valuation or Volatility modules.
Priortech |
Priortech Company Return On Equity Analysis
Priortech'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 Priortech Return On Equity | 0.24 |
Most of Priortech'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, Priortech 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.
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Based on the latest financial disclosure, Priortech has a Return On Equity of 0.2373. This is 101.97% lower than that of the Electronic Equipment, Instruments & Components sector and 85.17% lower than that of the Information Technology industry. The return on equity for all Israel stocks is 176.55% lower than that of the firm.
Priortech Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Priortech's current stock value. Our valuation model uses many indicators to compare Priortech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Priortech competition to find correlations between indicators driving Priortech's intrinsic value. More Info.Priortech is regarded third in return on equity category among its peers. It is regarded fifth in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Priortech by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Priortech's 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.About Priortech Financial Statements
Priortech stakeholders use historical fundamental indicators, such as Priortech's revenue or net income, to determine how well the company is positioned to perform in the future. Although Priortech investors may analyze each financial statement separately, they are all interrelated. For example, changes in Priortech's assets and liabilities are reflected in the revenues and expenses on Priortech's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Priortech. Please read more on our technical analysis and fundamental analysis pages.
Priortech Ltd, through its subsidiaries, provides capital equipment, technologies, and manufacturing services in Israel and internationally. Priortech Ltd was incorporated in 1980 and is based in Migdal HaEmek, Israel. PRIORTECH operates under Contract Manufacturers classification in Israel and is traded on Tel Aviv Stock Exchange.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Priortech Stock
Priortech financial ratios help investors to determine whether Priortech Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Priortech with respect to the benefits of owning Priortech security.