Prenetics Global Stock Return On Equity
| PRE Stock | USD 6.12 0.36 6.25% |
Prenetics Global fundamentals help investors to digest information that contributes to Prenetics Global's financial success or failures. It also enables traders to predict the movement of Prenetics Stock. The fundamental analysis module provides a way to measure Prenetics Global'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 Prenetics Global stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.30) | (0.32) |
Prenetics | Return On Equity |
Prenetics Global Company Return On Equity Analysis
Prenetics Global'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 Prenetics Global Return On Equity | -0.25 |
Most of Prenetics Global'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, Prenetics Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Prenetics Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Prenetics Global is extremely important. It helps to project a fair market value of Prenetics Stock properly, considering its historical fundamentals such as Return On Equity. Since Prenetics Global's 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 Prenetics Global's 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 Prenetics Global's interrelated accounts and indicators.
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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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Prenetics Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Prenetics Global has a Return On Equity of -0.2487. This is 98.96% lower than that of the Insurance sector and 96.28% lower than that of the Financials industry. The return on equity for all United States stocks is 19.77% lower than that of the firm.
Prenetics Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Prenetics Global'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 Prenetics Global could also be used in its relative valuation, which is a method of valuing Prenetics Global by comparing valuation metrics of similar companies.Prenetics Global is currently under evaluation in return on equity category among related companies.
Prenetics Global 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, Prenetics Global's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Prenetics Global's managers, analysts, and investors.Environmental | Governance | Social |
Prenetics Fundamentals
| Return On Equity | -0.25 | |||
| Return On Asset | -0.12 | |||
| Profit Margin | (2.88) % | |||
| Operating Margin | (2.26) % | |||
| Current Valuation | 18.91 M | |||
| Shares Outstanding | 10.64 M | |||
| Shares Owned By Insiders | 21.40 % | |||
| Shares Owned By Institutions | 27.25 % | |||
| Number Of Shares Shorted | 80.33 K | |||
| Price To Earning | 144.87 X | |||
| Price To Book | 0.20 X | |||
| Price To Sales | 2.09 X | |||
| Revenue | 21.74 M | |||
| Gross Profit | 131.55 M | |||
| EBITDA | (44.72 M) | |||
| Net Income | (54.35 M) | |||
| Cash And Equivalents | 176.27 M | |||
| Cash Per Share | 1.59 X | |||
| Total Debt | 2.37 M | |||
| Debt To Equity | 0.07 % | |||
| Current Ratio | 5.05 X | |||
| Book Value Per Share | 16.91 X | |||
| Cash Flow From Operations | (9.82 M) | |||
| Short Ratio | 0.49 X | |||
| Earnings Per Share | (4.83) X | |||
| Target Price | 60.0 | |||
| Number Of Employees | 320 | |||
| Beta | -0.28 | |||
| Market Capitalization | 70.37 M | |||
| Total Asset | 254.17 M | |||
| Retained Earnings | (470.77 M) | |||
| Working Capital | 54.18 M | |||
| Net Asset | 254.17 M |
About Prenetics Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prenetics Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prenetics Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prenetics Global 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.
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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.When determining whether Prenetics Global is a strong investment it is important to analyze Prenetics Global'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 Prenetics Global's future performance. For an informed investment choice regarding Prenetics Stock, refer to the following important reports:Check out Prenetics Global Piotroski F Score and Prenetics Global Altman Z Score analysis. For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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When running Prenetics Global's price analysis, check to measure Prenetics Global'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 Prenetics Global is operating at the current time. Most of Prenetics Global's value examination focuses on studying past and present price action to predict the probability of Prenetics Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prenetics Global's price. Additionally, you may evaluate how the addition of Prenetics Global to your portfolios can decrease your overall portfolio volatility.
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Is Prenetics Global'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 Prenetics Global. If investors know Prenetics 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 Prenetics Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.83) | Revenue Per Share 1.933 | Quarterly Revenue Growth (0.90) | Return On Assets (0.12) | Return On Equity (0.25) |
The market value of Prenetics Global is measured differently than its book value, which is the value of Prenetics that is recorded on the company's balance sheet. Investors also form their own opinion of Prenetics Global's value that differs from its market value or its book value, called intrinsic value, which is Prenetics Global'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 Prenetics Global's market value can be influenced by many factors that don't directly affect Prenetics Global'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 Prenetics Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prenetics Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prenetics Global'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.