Nordex Financial Statements From 2010 to 2024
NDX1 Stock | 12.01 0.28 2.39% |
Check Nordex SE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nordex SE's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nordex financial statements analysis is a perfect complement when working with Nordex SE Valuation or Volatility modules.
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Nordex SE Company Return On Equity Analysis
Nordex SE'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 Nordex SE Return On Equity | -0.46 |
Most of Nordex SE'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, Nordex SE 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, Nordex SE has a Return On Equity of -0.4553. This is much lower than that of the sector and significantly lower than that of the Specialty Industrial Machinery industry. The return on equity for all Germany stocks is notably higher than that of the company.
Nordex SE Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nordex SE's current stock value. Our valuation model uses many indicators to compare Nordex SE value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nordex SE competition to find correlations between indicators driving Nordex SE's intrinsic value. More Info.Nordex SE 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 . 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 Nordex SE's earnings, one of the primary drivers of an investment's value.About Nordex SE Financial Statements
Nordex SE stakeholders use historical fundamental indicators, such as Nordex SE's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nordex SE investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nordex SE's assets and liabilities are reflected in the revenues and expenses on Nordex SE'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 Nordex SE. Please read more on our technical analysis and fundamental analysis pages.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nordex Stock
Nordex SE financial ratios help investors to determine whether Nordex 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 Nordex with respect to the benefits of owning Nordex SE security.