Patterson Companies Stock Return On Equity
PDCO Stock | USD 27.79 0.75 2.77% |
Patterson Companies fundamentals help investors to digest information that contributes to Patterson Companies' financial success or failures. It also enables traders to predict the movement of Patterson Stock. The fundamental analysis module provides a way to measure Patterson Companies' 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 Patterson Companies stock.
As of the 28th of March 2024, Return On Equity is likely to grow to 0.29. Patterson | Return On Equity |
Patterson Return On Equity Analysis
Patterson Companies' 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.
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Patterson Companies Return On Equity |
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Return On Equity | = | Net IncomeTotal Equity |
Current Patterson Companies Return On Equity | 0.19 |
Most of Patterson Companies' 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, Patterson Companies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Patterson Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Patterson Companies is extremely important. It helps to project a fair market value of Patterson Stock properly, considering its historical fundamentals such as Return On Equity. Since Patterson Companies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Patterson Companies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Patterson Companies' interrelated accounts and indicators.
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Patterson Return On Equity Historical Pattern
Today, most investors in Patterson Companies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Patterson Companies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Patterson Companies return on equity as a starting point in their analysis.
Patterson Companies Return On Equity |
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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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Patterson Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Patterson Companies has a Return On Equity of 0.1865. This is 100.78% lower than that of the Health Care Providers & Services sector and 97.49% lower than that of the Health Care industry. The return on equity for all United States stocks is 160.16% lower than that of the firm.
Patterson Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Patterson Companies' 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 Patterson Companies could also be used in its relative valuation, which is a method of valuing Patterson Companies by comparing valuation metrics of similar companies.Patterson Companies is currently under evaluation in return on equity category among related companies.
Patterson Fundamentals
Return On Equity | 0.19 | ||||
Return On Asset | 0.0596 | ||||
Profit Margin | 0.03 % | ||||
Operating Margin | 0.05 % | ||||
Current Valuation | 3.26 B | ||||
Shares Outstanding | 89.59 M | ||||
Shares Owned By Insiders | 11.37 % | ||||
Shares Owned By Institutions | 89.16 % | ||||
Number Of Shares Shorted | 3.04 M | ||||
Price To Earning | 13.85 X | ||||
Price To Book | 2.56 X | ||||
Price To Sales | 0.38 X | ||||
Revenue | 6.47 B | ||||
Gross Profit | 1.37 B | ||||
EBITDA | 387.5 M | ||||
Net Income | 206.6 M | ||||
Cash And Equivalents | 153.23 M | ||||
Cash Per Share | 1.58 X | ||||
Total Debt | 628 M | ||||
Debt To Equity | 0.70 % | ||||
Current Ratio | 1.63 X | ||||
Book Value Per Share | 10.78 X | ||||
Cash Flow From Operations | (754.85 M) | ||||
Short Ratio | 3.94 X | ||||
Earnings Per Share | 2.03 X | ||||
Price To Earnings To Growth | 2.10 X | ||||
Target Price | 29.8 | ||||
Number Of Employees | 7.6 K | ||||
Beta | 1.04 | ||||
Market Capitalization | 2.49 B | ||||
Total Asset | 2.88 B | ||||
Retained Earnings | 972.13 M | ||||
Working Capital | 697.8 M | ||||
Current Asset | 1.75 B | ||||
Current Liabilities | 829.34 M | ||||
Z Score | 5.83 | ||||
Annual Yield | 0.04 % | ||||
Five Year Return | 4.15 % | ||||
Net Asset | 2.88 B | ||||
Last Dividend Paid | 1.04 |
About Patterson Companies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Patterson Companies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patterson Companies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patterson Companies 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.Last Reported | Projected for 2024 | ||
Return On Equity | 0.19 | 0.29 |
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Check out Patterson Companies Piotroski F Score and Patterson Companies Altman Z Score analysis. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.Note that the Patterson Companies information on this page should be used as a complementary analysis to other Patterson Companies' 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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Patterson Stock analysis
When running Patterson Companies' price analysis, check to measure Patterson Companies' 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 Patterson Companies is operating at the current time. Most of Patterson Companies' value examination focuses on studying past and present price action to predict the probability of Patterson Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patterson Companies' price. Additionally, you may evaluate how the addition of Patterson Companies to your portfolios can decrease your overall portfolio volatility.
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Is Patterson Companies' 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 Patterson Companies. If investors know Patterson 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 Patterson Companies 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 (0.06) | Dividend Share 1.04 | Earnings Share 2.03 | Revenue Per Share 69.215 | Quarterly Revenue Growth 0.01 |
The market value of Patterson Companies is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson Companies' value that differs from its market value or its book value, called intrinsic value, which is Patterson Companies' 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 Patterson Companies' market value can be influenced by many factors that don't directly affect Patterson Companies' 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 Patterson Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson Companies' 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.