Universal Financial Statements From 2010 to 2024
| UMGNF Stock | USD 25.55 0.85 3.44% |
Check Universal Music financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Music's main balance sheet or income statement drivers, such as , as well as many indicators such as . Universal financial statements analysis is a perfect complement when working with Universal Music Valuation or Volatility modules.
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Universal Music Group Company Return On Equity Analysis
Universal Music'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 Universal Music Return On Equity | 0.37 |
Most of Universal Music'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, Universal Music Group 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.
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Based on the latest financial disclosure, Universal Music Group has a Return On Equity of 0.3666. This is 96.47% lower than that of the Communication Services sector and significantly higher than that of the Entertainment industry. The return on equity for all United States stocks is notably lower than that of the firm.
Universal Music Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Universal Music's current stock value. Our valuation model uses many indicators to compare Universal Music value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Universal Music competition to find correlations between indicators driving Universal Music's intrinsic value. More Info.Universal Music Group is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.21 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Universal Music Group is roughly 4.66 . 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 Universal Music's earnings, one of the primary drivers of an investment's value.About Universal Music Financial Statements
Universal Music stakeholders use historical fundamental indicators, such as Universal Music's revenue or net income, to determine how well the company is positioned to perform in the future. Although Universal Music investors may analyze each financial statement separately, they are all interrelated. For example, changes in Universal Music's assets and liabilities are reflected in the revenues and expenses on Universal Music's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Universal Music Group. Please read more on our technical analysis and fundamental analysis pages.
Universal Music Group N.V. operates as a music company worldwide. The company was incorporated in 2020 and is headquartered in Hilversum, the Netherlands. Universal Music is traded on OTC Exchange in the United States.
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Other Information on Investing in Universal Pink Sheet
Universal Music financial ratios help investors to determine whether Universal Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Universal with respect to the benefits of owning Universal Music security.