Perenti Global Limited Stock Gross Profit
| AUSDF Stock | USD 0.63 0.00 0.00% |
Perenti Global Limited fundamentals help investors to digest information that contributes to Perenti Global's financial success or failures. It also enables traders to predict the movement of Perenti Pink Sheet. The fundamental analysis module provides a way to measure Perenti 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 Perenti Global pink sheet.
Perenti |
Perenti Global Limited Company Gross Profit Analysis
Perenti Global'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.
Current Perenti Global Gross Profit | 674.72 M |
Most of Perenti Global'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, Perenti Global Limited 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, Perenti Global Limited reported 674.72 M of gross profit. This is 95.77% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The gross profit for all United States stocks is 97.54% higher than that of the company.
Perenti Gross Profit Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Perenti Global's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Perenti Global could also be used in its relative valuation, which is a method of valuing Perenti Global by comparing valuation metrics of similar companies.Perenti Global is currently under evaluation in gross profit category among related companies.
Perenti Fundamentals
| Return On Equity | 0.0324 | |||
| Return On Asset | 0.0289 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 889.74 M | |||
| Shares Outstanding | 689 M | |||
| Shares Owned By Insiders | 13.56 % | |||
| Shares Owned By Institutions | 39.29 % | |||
| Price To Earning | 14.39 X | |||
| Price To Book | 0.48 X | |||
| Price To Sales | 0.21 X | |||
| Revenue | 2.44 B | |||
| Gross Profit | 674.72 M | |||
| EBITDA | 402.17 M | |||
| Net Income | 40.66 M | |||
| Cash And Equivalents | 348.52 M | |||
| Cash Per Share | 0.50 X | |||
| Total Debt | 843.49 M | |||
| Debt To Equity | 0.68 % | |||
| Current Ratio | 1.88 X | |||
| Book Value Per Share | 1.87 X | |||
| Cash Flow From Operations | 341.3 M | |||
| Earnings Per Share | 0.04 X | |||
| Number Of Employees | 8.94 K | |||
| Beta | 1.43 | |||
| Market Capitalization | 571.87 M | |||
| Total Asset | 2.79 B | |||
| Retained Earnings | 96 M | |||
| Working Capital | 426 M | |||
| Current Asset | 550 M | |||
| Current Liabilities | 124 M | |||
| Annual Yield | 0.07 % | |||
| Net Asset | 2.79 B |
About Perenti Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Perenti Global Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Perenti Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Perenti Global Limited 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.
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 Perenti Global 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, Perenti Global's short interest history, or implied volatility extrapolated from Perenti Global options trading.
Pair Trading with Perenti Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Perenti Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Perenti Global will appreciate offsetting losses from the drop in the long position's value.Moving together with Perenti Pink Sheet
| 0.65 | BHP | BHP Group Limited Fiscal Year End 27th of August 2024 | PairCorr |
| 0.66 | RIO | Rio Tinto ADR | PairCorr |
Moving against Perenti Pink Sheet
| 0.74 | KEP | Korea Electric Power | PairCorr |
| 0.62 | HYMTF | Hyundai Motor | PairCorr |
| 0.61 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to Perenti Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perenti Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Perenti Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Perenti Global Limited to buy it.
The correlation of Perenti Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Perenti Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perenti Global moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Perenti Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Perenti Global Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Perenti Global information on this page should be used as a complementary analysis to other Perenti Global'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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Perenti Pink Sheet analysis
When running Perenti Global's price analysis, check to measure Perenti 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 Perenti Global is operating at the current time. Most of Perenti Global's value examination focuses on studying past and present price action to predict the probability of Perenti 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 Perenti Global's price. Additionally, you may evaluate how the addition of Perenti Global to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |