Grupo Effective Tax Rate from 2010 to 2024

AVAL Stock  USD 2.49  0.02  0.81%   
Grupo Aval Effective Tax Rate yearly trend continues to be quite stable with very little volatility. The value of Effective Tax Rate is projected to decrease to 0.27. From the period between 2010 and 2024, Grupo Aval, Effective Tax Rate regression line of its data series had standard deviation of  0.04 and standard deviation of  0.04. View All Fundamentals
 
Effective Tax Rate  
First Reported
2010-12-31
Previous Quarter
0.42052942
Current Value
0.27
Quarterly Volatility
0.04118218
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Grupo Aval financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grupo main balance sheet or income statement drivers, such as Depreciation And Amortization of 638.3 B, Interest Expense of 23.8 T or Selling General Administrative of 6.5 T, as well as many exotic indicators such as Price To Sales Ratio of 5.78, Dividend Yield of 0.0033 or PTB Ratio of 6.93. Grupo financial statements analysis is a perfect complement when working with Grupo Aval Valuation or Volatility modules.
  
This module can also supplement various Grupo Aval Technical models . Check out the analysis of Grupo Aval Correlation against competitors.
For more information on how to buy Grupo Stock please use our How to buy in Grupo Stock guide.

Latest Grupo Aval's Effective Tax Rate Growth Pattern

Below is the plot of the Effective Tax Rate of Grupo Aval over the last few years. Effective Tax Rate is the average rate at which Grupo Aval pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Grupo Aval total tax expenses by Grupo Aval earnings before taxes. It is Grupo Aval's Effective Tax Rate historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Grupo Aval's overall financial position and show how it may be relating to other accounts over time.
Effective Tax Rate10 Years Trend
Pretty Stable
   Effective Tax Rate   
       Timeline  

Grupo Effective Tax Rate Regression Statistics

Arithmetic Mean0.34
Geometric Mean0.33
Coefficient Of Variation12.23
Mean Deviation0.03
Median0.35
Standard Deviation0.04
Sample Variance0
Range0.1505
R-Value(0.12)
Mean Square Error0
R-Squared0.01
Significance0.67
Slope(0)
Total Sum of Squares0.02

Grupo Effective Tax Rate History

2024 0.27
2023 0.42
2021 0.33
2019 0.28
2018 0.29
2016 0.37

About Grupo Aval Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Grupo Aval income statement, its balance sheet, and the statement of cash flows. Grupo Aval investors use historical funamental indicators, such as Grupo Aval's Effective Tax Rate, to determine how well the company is positioned to perform in the future. Although Grupo Aval investors may use each financial statement separately, they are all related. The changes in Grupo Aval's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Grupo Aval's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Grupo Aval Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Grupo Aval. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Effective Tax Rate 0.42  0.27 

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When determining whether Grupo Aval is a strong investment it is important to analyze Grupo Aval's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grupo Aval's future performance. For an informed investment choice regarding Grupo Stock, refer to the following important reports:
Check out the analysis of Grupo Aval Correlation against competitors.
For more information on how to buy Grupo Stock please use our How to buy in Grupo Stock guide.
Note that the Grupo Aval information on this page should be used as a complementary analysis to other Grupo Aval's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Grupo Stock analysis

When running Grupo Aval's price analysis, check to measure Grupo Aval'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 Grupo Aval is operating at the current time. Most of Grupo Aval's value examination focuses on studying past and present price action to predict the probability of Grupo Aval's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Aval's price. Additionally, you may evaluate how the addition of Grupo Aval to your portfolios can decrease your overall portfolio volatility.
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Is Grupo Aval's industry 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 Grupo Aval. If investors know Grupo 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 Grupo Aval listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Earnings Share
0.09
Revenue Per Share
9.1 K
Quarterly Revenue Growth
(0.24)
Return On Assets
0.0053
The market value of Grupo Aval is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Aval's value that differs from its market value or its book value, called intrinsic value, which is Grupo Aval'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 Grupo Aval's market value can be influenced by many factors that don't directly affect Grupo Aval'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 Grupo Aval's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Aval is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Aval'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.