Thrace Financial Statements From 2010 to 2024
| PLAT Stock | EUR 4.00 0.09 2.20% |
Check Thrace Plastics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thrace main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Thrace financial statements analysis is a perfect complement when working with Thrace Plastics Valuation or Volatility modules.
Thrace |
Thrace Plastics Holding Company Return On Equity Analysis
Thrace Plastics' 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 Thrace Plastics Return On Equity | 0.11 |
Most of Thrace Plastics' 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, Thrace Plastics Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, Thrace Plastics Holding has a Return On Equity of 0.1075. This is 97.5% lower than that of the Consumer Goods sector and significantly higher than that of the Packaging & Containers industry. The return on equity for all Greece stocks is 134.68% lower than that of the firm.
Thrace Plastics Holding Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thrace Plastics's current stock value. Our valuation model uses many indicators to compare Thrace Plastics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thrace Plastics competition to find correlations between indicators driving Thrace Plastics's intrinsic value. More Info.Thrace Plastics Holding is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies reporting about 0.44 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thrace Plastics Holding is roughly 2.29 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Thrace Plastics by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thrace Plastics' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thrace Plastics' earnings, one of the primary drivers of an investment's value.About Thrace Plastics Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Thrace Plastics income statement, its balance sheet, and the statement of cash flows. Thrace Plastics investors use historical funamental indicators, such as Thrace Plastics's revenue or net income, to determine how well the company is positioned to perform in the future. Although Thrace Plastics investors may use each financial statement separately, they are all related. The changes in Thrace Plastics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Thrace Plastics'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 Thrace Plastics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Thrace Plastics. Please read more on our technical analysis and fundamental analysis pages.
Thrace Plastics Holding and Commercial S.A. produces and distributes polypropylene products in Greece and internationally. The company was founded in 1977 and is based in Alimos, Greece. THRACE PLASTICS operates under Packaging Containers classification in Greece and is traded on Athens Stock Exchange. It employs 1865 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Thrace Plastics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Thrace Plastics' short interest history, or implied volatility extrapolated from Thrace Plastics options trading.
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Check out the analysis of Thrace Plastics Correlation against competitors. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Thrace Stock analysis
When running Thrace Plastics' price analysis, check to measure Thrace Plastics' 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 Thrace Plastics is operating at the current time. Most of Thrace Plastics' value examination focuses on studying past and present price action to predict the probability of Thrace Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thrace Plastics' price. Additionally, you may evaluate how the addition of Thrace Plastics to your portfolios can decrease your overall portfolio volatility.
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