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Corre Energy BV (DUB:CORRE) Profitability Rank : 0 (As of Jun. 2024)


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What is Corre Energy BV Profitability Rank?

Corre Energy BV has the Profitability Rank of 0.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is rated on a scale of 1 to 10 and is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

Corre Energy BV's Operating Margin % for the quarter that ended in Jun. 2024 was %. As of today, Corre Energy BV's Piotroski F-Score is 3.


Competitive Comparison of Corre Energy BV's Profitability Rank

For the Utilities - Renewable subindustry, Corre Energy BV's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corre Energy BV's Profitability Rank Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Corre Energy BV's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Corre Energy BV's Profitability Rank falls into.


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Corre Energy BV Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The rank is rated on a scale of 1 to 10. A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

Corre Energy BV has the Profitability Rank of 0.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Corre Energy BV's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=-5.911 / 0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Corre Energy BV has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Corre Energy BV Profitability Rank Related Terms

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Corre Energy BV Business Description

Traded in Other Exchanges
N/A
Address
Helperpark 278-3, Groningen, NLD, 9723 ZA
Corre Energy BV is specialized in the development, construction, and operation of large-scale, underground renewable energy storage facilities. The group develops salt cavern energy storage facilities that use compressed air and hydrogen, and which enable mass energy storage for later use in offsetting the intermittent effects of renewable energy. It is also developing business activities in the production and sale of green energy.

Corre Energy BV Headlines

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