Performance Return On Tangible Assets from 2010 to 2024

PFGC Stock  USD 69.03  0.18  0.26%   
Performance Food's Return On Tangible Assets are increasing over the years with slightly volatile fluctuation. Overall, Return On Tangible Assets are expected to go to 0.06 this year. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.04837472
Current Value
0.0558
Quarterly Volatility
0.00702869
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Performance Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Performance main balance sheet or income statement drivers, such as Depreciation And Amortization of 599.8 M, Interest Expense of 263.2 M or Total Revenue of 69.1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0606 or PTB Ratio of 0.73. Performance financial statements analysis is a perfect complement when working with Performance Food Valuation or Volatility modules.
  
This module can also supplement Performance Food's financial leverage analysis and stock options assessment as well as various Performance Food Technical models . Check out the analysis of Performance Food Correlation against competitors.

Latest Performance Food's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Performance Food Group over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Performance Food's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Performance Food's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Performance Return On Tangible Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.04
Coefficient Of Variation17.64
Mean Deviation0.01
Median0.04
Standard Deviation0.01
Sample Variance0.000049
Range0.0224
R-Value0.90
Mean Square Error0.00001
R-Squared0.81
Slope0
Total Sum of Squares0.0007

Performance Return On Tangible Assets History

2024 0.0558
2023 0.0484
2017 0.0433

About Performance Food Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Performance Food income statement, its balance sheet, and the statement of cash flows. Performance Food investors use historical funamental indicators, such as Performance Food's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Performance Food investors may use each financial statement separately, they are all related. The changes in Performance Food's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Performance Food'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 Performance Food Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Performance Food. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.06 

Performance Food Investors Sentiment

The influence of Performance Food's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Performance. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Performance Food's public news can be used to forecast risks associated with an investment in Performance. The trend in average sentiment can be used to explain how an investor holding Performance can time the market purely based on public headlines and social activities around Performance Food Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Performance Food's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Performance Food's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Performance Food's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Performance Food.
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 Performance Food 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, Performance Food's short interest history, or implied volatility extrapolated from Performance Food options trading.

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When determining whether Performance Food offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Performance Food's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Performance Food Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Performance Food Group Stock:
Check out the analysis of Performance Food Correlation against competitors.
Note that the Performance Food information on this page should be used as a complementary analysis to other Performance Food'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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Performance Stock analysis

When running Performance Food's price analysis, check to measure Performance Food'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 Performance Food is operating at the current time. Most of Performance Food's value examination focuses on studying past and present price action to predict the probability of Performance Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performance Food's price. Additionally, you may evaluate how the addition of Performance Food to your portfolios can decrease your overall portfolio volatility.
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Is Performance Food'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 Performance Food. If investors know Performance 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 Performance Food 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
0.087
Earnings Share
2.74
Revenue Per Share
349.326
Quarterly Revenue Growth
0.029
Return On Assets
0.0409
The market value of Performance Food is measured differently than its book value, which is the value of Performance that is recorded on the company's balance sheet. Investors also form their own opinion of Performance Food's value that differs from its market value or its book value, called intrinsic value, which is Performance Food'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 Performance Food's market value can be influenced by many factors that don't directly affect Performance Food'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 Performance Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Food'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.