Nigbas Financial Statements From 2010 to 2024
| NIBAS Stock | TRY 19.01 0.10 0.52% |
Check Nigbas Nigde financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nigbas Nigde's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nigbas financial statements analysis is a perfect complement when working with Nigbas Nigde Valuation or Volatility modules.
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Nigbas Nigde Beton Company Return On Equity Analysis
Nigbas Nigde'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 Nigbas Nigde Return On Equity | 0.35 |
Most of Nigbas Nigde'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, Nigbas Nigde Beton 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, Nigbas Nigde Beton has a Return On Equity of 0.3545. This is 19.43% lower than that of the Construction & Engineering sector and 82.45% lower than that of the Industrials industry. The return on equity for all Turkey stocks is notably lower than that of the firm.
Nigbas Nigde Beton Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nigbas Nigde's current stock value. Our valuation model uses many indicators to compare Nigbas Nigde value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nigbas Nigde competition to find correlations between indicators driving Nigbas Nigde's intrinsic value. More Info.Nigbas Nigde Beton 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 0.06 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nigbas Nigde Beton is roughly 17.99 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nigbas Nigde by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nigbas Nigde'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 Nigbas Nigde Financial Statements
Investors use fundamental indicators, such as Nigbas Nigde's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nigbas Nigde's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Nigbas Nigde Beton Sanayi Ve Ticaret A.S. manufactures and sells prefabricated concrete products and reinforced concrete structures in Turkey. Nigbas Nigde Beton Sanayi Ve Ticaret A.S. was founded in 1969 and is based in Nigde, Turkey. NIGBAS NIGDE operates under Engineering Construction classification in Turkey and is traded on Istanbul Stock Exchange. It employs 129 people.
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Nigbas Nigde financial ratios help investors to determine whether Nigbas 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 Nigbas with respect to the benefits of owning Nigbas Nigde security.