Nitto Financial Statements From 2010 to 2024
| NDEKF Stock | USD 15.80 0.70 4.64% |
Check Nitto Denko financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nitto Denko's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nitto financial statements analysis is a perfect complement when working with Nitto Denko Valuation or Volatility modules.
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Nitto Denko Company Return On Equity Analysis
Nitto Denko'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 Nitto Denko Return On Equity | 0.14 |
Most of Nitto Denko'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, Nitto Denko 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, Nitto Denko has a Return On Equity of 0.1376. This is 84.88% lower than that of the Basic Materials sector and 97.66% lower than that of the Specialty Chemicals industry. The return on equity for all United States stocks is 144.39% lower than that of the firm.
Nitto Denko Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nitto Denko's current stock value. Our valuation model uses many indicators to compare Nitto Denko value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nitto Denko competition to find correlations between indicators driving Nitto Denko's intrinsic value. More Info.Nitto Denko 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 reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nitto Denko is roughly 1.55 . 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 Nitto Denko's earnings, one of the primary drivers of an investment's value.About Nitto Denko Financial Statements
Nitto Denko stakeholders use historical fundamental indicators, such as Nitto Denko's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nitto Denko investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nitto Denko's assets and liabilities are reflected in the revenues and expenses on Nitto Denko'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 Nitto Denko. Please read more on our technical analysis and fundamental analysis pages.
Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan and internationally. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan. Nitto Denko operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 25961 people.
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Other Information on Investing in Nitto Pink Sheet
Nitto Denko financial ratios help investors to determine whether Nitto 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 Nitto with respect to the benefits of owning Nitto Denko security.