Queenco Financial Statements From 2010 to 2024
QNCO Stock | ILA 744.90 5.10 0.68% |
Check Queenco L financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Queenco L's main balance sheet or income statement drivers, such as , as well as many indicators such as . Queenco financial statements analysis is a perfect complement when working with Queenco L Valuation or Volatility modules.
Queenco |
Queenco L Company Return On Equity Analysis
Queenco L'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 Queenco L Return On Equity | 0.083 |
Most of Queenco L'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, Queenco L 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.
Competition |
Based on the latest financial disclosure, Queenco L has a Return On Equity of 0.083. This is 97.69% lower than that of the Hotels, Restaurants & Leisure sector and 99.34% lower than that of the Consumer Discretionary industry. The return on equity for all Israel stocks is 126.77% lower than that of the firm.
Queenco L Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Queenco L's current stock value. Our valuation model uses many indicators to compare Queenco L value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Queenco L competition to find correlations between indicators driving Queenco L's intrinsic value. More Info.Queenco L is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.27 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Queenco L is roughly 3.74 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Queenco L by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Queenco L'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 Queenco L Financial Statements
Queenco L stakeholders use historical fundamental indicators, such as Queenco L's revenue or net income, to determine how well the company is positioned to perform in the future. Although Queenco L investors may analyze each financial statement separately, they are all interrelated. For example, changes in Queenco L's assets and liabilities are reflected in the revenues and expenses on Queenco L'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 Queenco L. Please read more on our technical analysis and fundamental analysis pages.
Queenco Ltd. develops, owns, and operates entertainment centers and casinos in Greece, Cambodia, and Serbia. The company was incorporated in 1992 and is based in Bnei Brak, Israel. QUEENCO operates under Resorts Casinos classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 696 people.
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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 Queenco Stock
Queenco L financial ratios help investors to determine whether Queenco 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 Queenco with respect to the benefits of owning Queenco L security.