Glencore Plc Stock Gross Profit

GLEN Stock   483.25  5.75  1.18%   
Glencore PLC fundamentals help investors to digest information that contributes to Glencore PLC's financial success or failures. It also enables traders to predict the movement of Glencore Stock. The fundamental analysis module provides a way to measure Glencore PLC'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 Glencore PLC stock.
Last ReportedProjected for Next Year
Gross Profit10.8 B7.9 B
Gross Profit is likely to drop to about 7.9 B in 2024.
  
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Glencore PLC Company Gross Profit Analysis

Glencore PLC's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current Glencore PLC Gross Profit

    
  27.15 B  
Most of Glencore PLC's fundamental indicators, such as Gross Profit, 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, Glencore PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, Glencore PLC reported 27.15 B of gross profit. This is 70.03% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. This indicator is about the same for all United Kingdom stocks average (which is currently at 2.737761405919E10).

Glencore Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Glencore PLC's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Glencore PLC could also be used in its relative valuation, which is a method of valuing Glencore PLC by comparing valuation metrics of similar companies.
Glencore PLC is currently under evaluation in gross profit category among related companies.

Glencore PLC ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Glencore PLC's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Glencore PLC's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Glencore Fundamentals

About Glencore PLC Fundamental Analysis

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

Also Currently Popular

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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Glencore PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Glencore Stock analysis

When running Glencore PLC's price analysis, check to measure Glencore PLC'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 Glencore PLC is operating at the current time. Most of Glencore PLC's value examination focuses on studying past and present price action to predict the probability of Glencore PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Glencore PLC's price. Additionally, you may evaluate how the addition of Glencore PLC to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Glencore PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glencore PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glencore PLC'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.