Nordic Financial Statements From 2010 to 2024
| NAIG-B Stock | 2.83 0.04 1.43% |
Check Nordic Asia financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nordic Asia's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nordic financial statements analysis is a perfect complement when working with Nordic Asia Valuation or Volatility modules.
Nordic |
Nordic Asia Investment Company Return On Equity Analysis
Nordic Asia'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 Nordic Asia Return On Equity | -0.36 |
Most of Nordic Asia'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, Nordic Asia Investment 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.
| Competition |
Based on the latest financial disclosure, Nordic Asia Investment has a Return On Equity of -0.3593. This is 124.78% lower than that of the Financial Services sector and 105.33% lower than that of the Asset Management industry. The return on equity for all Sweden stocks is 15.9% higher than that of the company.
Nordic Asia Investment Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nordic Asia's current stock value. Our valuation model uses many indicators to compare Nordic Asia value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nordic Asia competition to find correlations between indicators driving Nordic Asia's intrinsic value. More Info.Nordic Asia Investment is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nordic Asia by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nordic Asia's 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.About Nordic Asia Financial Statements
Nordic Asia stakeholders use historical fundamental indicators, such as Nordic Asia's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nordic Asia investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nordic Asia's assets and liabilities are reflected in the revenues and expenses on Nordic Asia'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 Nordic Asia Investment. Please read more on our technical analysis and fundamental analysis pages.
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Nordic Stock
Nordic Asia financial ratios help investors to determine whether Nordic Stock 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 Nordic with respect to the benefits of owning Nordic Asia security.