Patrick Industr Stock Return On Equity

PK2 Stock   79.00  1.00  1.25%   
PATRICK INDUSTR fundamentals help investors to digest information that contributes to PATRICK INDUSTR's financial success or failures. It also enables traders to predict the movement of PATRICK Stock. The fundamental analysis module provides a way to measure PATRICK INDUSTR'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 PATRICK INDUSTR stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

PATRICK INDUSTR Company Return On Equity Analysis

PATRICK INDUSTR'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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis
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, PATRICK INDUSTR has a Return On Equity of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Return On Equity (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).

PATRICK Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PATRICK INDUSTR'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 PATRICK INDUSTR could also be used in its relative valuation, which is a method of valuing PATRICK INDUSTR by comparing valuation metrics of similar companies.
PATRICK INDUSTR is currently under evaluation in return on equity category among its peers.

PATRICK Fundamentals

About PATRICK INDUSTR Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze PATRICK INDUSTR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PATRICK INDUSTR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PATRICK INDUSTR 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for PATRICK Stock Analysis

When running PATRICK INDUSTR's price analysis, check to measure PATRICK INDUSTR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PATRICK INDUSTR is operating at the current time. Most of PATRICK INDUSTR's value examination focuses on studying past and present price action to predict the probability of PATRICK INDUSTR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PATRICK INDUSTR's price. Additionally, you may evaluate how the addition of PATRICK INDUSTR to your portfolios can decrease your overall portfolio volatility.