Profrac Holding Corp Stock Return On Equity
| ACDC Stock | USD 8.10 0.15 1.82% |
ProFrac Holding Corp fundamentals help investors to digest information that contributes to ProFrac Holding's financial success or failures. It also enables traders to predict the movement of ProFrac Stock. The fundamental analysis module provides a way to measure ProFrac Holding'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 ProFrac Holding stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (0.08) | (0.08) |
ProFrac | Return On Equity |
ProFrac Holding Corp Company Return On Equity Analysis
ProFrac Holding'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 ProFrac Holding Return On Equity | -0.0442 |
Most of ProFrac Holding'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, ProFrac Holding Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ProFrac Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for ProFrac Holding is extremely important. It helps to project a fair market value of ProFrac Stock properly, considering its historical fundamentals such as Return On Equity. Since ProFrac Holding'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 ProFrac Holding'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 ProFrac Holding'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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ProFrac Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, ProFrac Holding Corp has a Return On Equity of -0.0442. This is 97.77% lower than that of the Energy Equipment & Services sector and 99.75% lower than that of the Energy industry. The return on equity for all United States stocks is 85.74% lower than that of the firm.
ProFrac Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ProFrac Holding'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 ProFrac Holding could also be used in its relative valuation, which is a method of valuing ProFrac Holding by comparing valuation metrics of similar companies.ProFrac Holding is currently under evaluation in return on equity category among related companies.
ProFrac Fundamentals
| Return On Equity | -0.0442 | ||||
| Return On Asset | 0.0453 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | (0) % | ||||
| Current Valuation | 2.57 B | ||||
| Shares Outstanding | 159.59 M | ||||
| Shares Owned By Insiders | 84.86 % | ||||
| Shares Owned By Institutions | 13.03 % | ||||
| Number Of Shares Shorted | 5.66 M | ||||
| Price To Book | 1.11 X | ||||
| Price To Sales | 0.51 X | ||||
| Revenue | 2.63 B | ||||
| Gross Profit | 986.9 M | ||||
| EBITDA | 656.2 M | ||||
| Net Income | (97.7 M) | ||||
| Total Debt | 1.16 B | ||||
| Book Value Per Share | 7.60 X | ||||
| Cash Flow From Operations | 553.5 M | ||||
| Short Ratio | 5.52 X | ||||
| Earnings Per Share | (0.82) X | ||||
| Target Price | 11.42 | ||||
| Number Of Employees | 2.95 K | ||||
| Market Capitalization | 1.32 B | ||||
| Total Asset | 3.23 B | ||||
| Retained Earnings | (16 M) | ||||
| Working Capital | (10.8 M) | ||||
| Net Asset | 3.23 B |
About ProFrac Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProFrac Holding Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProFrac Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ProFrac Holding Corp 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.
Pair Trading with ProFrac Holding
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 ProFrac Holding 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 ProFrac Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with ProFrac Stock
| 0.81 | NR | Newpark Resources Financial Report 7th of May 2024 | PairCorr |
| 0.77 | TS | Tenaris SA ADR Earnings Call Tomorrow | PairCorr |
| 0.76 | DNOW | Now Inc Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to ProFrac Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ProFrac Holding 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 ProFrac Holding - 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 ProFrac Holding Corp to buy it.
The correlation of ProFrac Holding 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 ProFrac Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ProFrac Holding Corp 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 ProFrac Holding 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 ProFrac Holding Piotroski F Score and ProFrac Holding Altman Z Score analysis. Note that the ProFrac Holding Corp information on this page should be used as a complementary analysis to other ProFrac Holding'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for ProFrac Stock analysis
When running ProFrac Holding's price analysis, check to measure ProFrac Holding'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 ProFrac Holding is operating at the current time. Most of ProFrac Holding's value examination focuses on studying past and present price action to predict the probability of ProFrac Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProFrac Holding's price. Additionally, you may evaluate how the addition of ProFrac Holding to your portfolios can decrease your overall portfolio volatility.
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Is ProFrac Holding'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 ProFrac Holding. If investors know ProFrac 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 ProFrac Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.82) | Revenue Per Share 20.092 | Quarterly Revenue Growth (0.38) | Return On Assets 0.0453 | Return On Equity (0.04) |
The market value of ProFrac Holding Corp is measured differently than its book value, which is the value of ProFrac that is recorded on the company's balance sheet. Investors also form their own opinion of ProFrac Holding's value that differs from its market value or its book value, called intrinsic value, which is ProFrac Holding'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 ProFrac Holding's market value can be influenced by many factors that don't directly affect ProFrac Holding'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 ProFrac Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProFrac Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProFrac Holding'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.