What is the price-to-earnings ratio of Danakali?
The price-earnings ratio of Danakali is currently -0.37.
Danakali P/E 2024
Danakali P/E
-0.37
Ticker
DNK.AX
ISIN
AU000000DNK9
WKN
A14UCJ
As of Nov 5, 2024, Danakali's P/E ratio was -0.37, a -132.74% change from the 1.13 P/E ratio recorded in the previous year.
The Danakali P/E history
Danakali Aktienanalyse
What does Danakali do?
Danakali Ltd is an Australian mineral resources company specializing in the exploration, development, and operation of mineral resources. The company was founded in 2009 and is headquartered in Perth. Marvin Ltd's main business activity involves the development and operation of the Colluli project in Eritrea, which is one of the world's largest and highest-quality potash deposits. The project is operated in collaboration with the Eritrean government through the joint venture company Colluli Mining Share Company (CMSC). Marvin's business model is based on the exploration and development of mineral resources, particularly potash deposits. The company pursues a long-term strategy aimed at exploiting these deposits to ensure a sustainable and environmentally friendly supply of agricultural fertilizers. The Colluli project consists of two deposits with an estimated resource of approximately 1.1 billion tons of potash. The project involves the extraction of potash from these deposits and its processing into various products, such as potash fertilizers, potassium sulfate, and potassium chloride. These products are marketed worldwide and have high demand due to their high quality and purity. Marvin also pursues a technology initiative aimed at improving the performance and efficiency of the Colluli project and other potential projects. The company utilizes innovative technologies to reduce costs, minimize environmental impact, and optimize production. Marvin's various business divisions include exploration, resource assessment, mine planning, processing and production, as well as marketing and sales of products. The company has a highly skilled team of technical experts and professionals specialized in various aspects of the mining and mineral resources sector. Due to its extensive experience in the mining industry and its ability to develop innovative and sustainable mineral resource projects, Marvin has become one of the leading potash producers in the world. The company is committed to further expanding its position in the industry while maintaining the highest standards of environmental and social responsibility. In summary, Danakali Ltd is an innovative mineral resources company specializing in the development and operation of mineral resources. The Colluli project in Eritrea is one of the world's largest and highest-quality potash deposits and is the main focus of Danakali. With a qualified and experienced team of experts, a long-term strategy, and an innovative technology initiative, Danakali is on track to become one of the world's leading potash producers. Danakali ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Danakali's P/E Ratio
The Price to Earnings (P/E) Ratio of Danakali is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Danakali's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Danakali is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Danakali’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Danakali stock
How has the price-earnings ratio of Danakali changed compared to last year?
The price-to-earnings ratio of Danakali has increased by -132.74% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Danakali high compared to other companies?
Yes, the price-to-earnings ratio of Danakali is high compared to other companies.
How does an increase in the price-earnings ratio of Danakali affect the company?
An increase in the price-earnings ratio of Danakali would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Danakali affect the company?
A decrease in the price-earnings ratio of Danakali would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Danakali?
Some factors that influence the price-earnings ratio of Danakali are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Danakali pay?
Over the past 12 months, Danakali paid a dividend of 0.42 AUD . This corresponds to a dividend yield of about 102.44 %. For the coming 12 months, Danakali is expected to pay a dividend of 0.42 AUD.
What is the dividend yield of Danakali?
The current dividend yield of Danakali is 102.44 %.
When does Danakali pay dividends?
Danakali pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Danakali?
Danakali paid dividends every year for the past 0 years.
What is the dividend of Danakali?
For the upcoming 12 months, dividends amounting to 0.42 AUD are expected. This corresponds to a dividend yield of 102.44 %.
In which sector is Danakali located?
Danakali is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von Danakali kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Danakali from 7/8/2024 amounting to 0.02 AUD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.
When did Danakali pay the last dividend?
The last dividend was paid out on 7/8/2024.
What was the dividend of Danakali in the year 2023?
In the year 2023, Danakali distributed 0 AUD as dividends.
In which currency does Danakali pay out the dividend?
The dividends of Danakali are distributed in AUD.
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Andere Kennzahlen von Danakali
Our stock analysis for Danakali Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Danakali Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
