Freds Inc Financials

Freds Stock Summary

Freds competes with PACCAR, Advanced Micro, Marine Products, Transphorm Technology, and Wallbox NV. Freds, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies. Freds, Inc. was founded in 1947 and is headquartered in Memphis, Tennessee. Freds operates under Discount Stores classification in USA and is traded on BATS Exchange. It employs 2642 people.

Freds Key Financial Ratios

Generally speaking, Freds' financial ratios allow both analysts and investors to convert raw data from Freds' financial statements into concise, actionable information that can be used to evaluate the performance of Freds over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Freds Inc reports annually and quarterly.

Freds Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Freds's current stock value. Our valuation model uses many indicators to compare Freds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Freds competition to find correlations between indicators driving Freds's intrinsic value. More Info.Freds Inc is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Freds by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Freds' 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 Freds' earnings, one of the primary drivers of an investment's value.

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Freds Inc information on this page should be used as a complementary analysis to other Freds' 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 Global Correlations module to find global opportunities by holding instruments from different markets.

If you are still planning to invest in Freds Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Freds' history and understand the potential risks before investing.