Terna Financial Statements From 2010 to 2024
| TENERGY Stock | EUR 18.16 0.24 1.30% |
Check Terna Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Terna main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Terna financial statements analysis is a perfect complement when working with Terna Energy Valuation or Volatility modules.
Terna |
Terna Energy Societe Company Return On Equity Analysis
Terna Energy'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 Terna Energy Return On Equity | 0.39 |
Most of Terna Energy'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, Terna Energy Societe 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, Terna Energy Societe has a Return On Equity of 0.3905. This is 93.3% lower than that of the Utilities sector and 108.38% lower than that of the Electric Utilities industry. The return on equity for all Greece stocks is notably lower than that of the firm.
Terna Energy Societe Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Terna Energy's current stock value. Our valuation model uses many indicators to compare Terna Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Terna Energy competition to find correlations between indicators driving Terna Energy's intrinsic value. More Info.Terna Energy Societe is rated second in return on equity category among related companies. It is rated second in return on asset category among related companies reporting about 0.13 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Terna Energy Societe is roughly 7.76 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Terna Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Terna Energy's 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 Terna Energy's earnings, one of the primary drivers of an investment's value.About Terna Energy Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Terna Energy income statement, its balance sheet, and the statement of cash flows. Terna Energy investors use historical funamental indicators, such as Terna Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Terna Energy investors may use each financial statement separately, they are all related. The changes in Terna Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Terna Energy'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 Terna Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Terna Energy. Please read more on our technical analysis and fundamental analysis pages.
Terna Energy Societe Anonyme Commercial Technical Company operates in the renewable energy sources , construction, trading of electric energy, and concessions sectors in Balkans, Eastern Europe, and North America. Terna Energy Societe Anonyme Commercial Technical Company is a subsidiary of GEK TERNA S.A. TERNA ENERGY operates under Electric Utilities classification in Greece and is traded on Athens Stock Exchange. It employs 293 people.
Pair Trading with Terna Energy
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 Terna Energy 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 Terna Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Terna Stock
| 0.8 | VIDAVO | VIDAVO SA | PairCorr |
| 0.73 | ADMIE | Admie Holding SA | PairCorr |
| 0.65 | DIMAND | Dimand SA | PairCorr |
| 0.51 | PPC | Public Power Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Terna Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Terna Energy 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 Terna Energy - 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 Terna Energy Societe to buy it.
The correlation of Terna Energy 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 Terna Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Terna Energy Societe 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 Terna Energy 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 the analysis of Terna Energy Correlation against competitors. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Terna Stock analysis
When running Terna Energy's price analysis, check to measure Terna Energy'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 Terna Energy is operating at the current time. Most of Terna Energy's value examination focuses on studying past and present price action to predict the probability of Terna Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Terna Energy's price. Additionally, you may evaluate how the addition of Terna Energy to your portfolios can decrease your overall portfolio volatility.
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