Nice Return On Capital Employed from 2010 to 2024

NICE Stock  USD 179.84  2.67  1.46%   
Nice's Return On Capital Employed is increasing over the years with stable fluctuation. Overall, Return On Capital Employed is expected to go to 0.11 this year. During the period from 2010 to 2024 Nice Return On Capital Employed annual values regression line had geometric mean of  0.06 and mean square error of  0. View All Fundamentals
 
Return On Capital Employed  
First Reported
2010-12-31
Previous Quarter
0.10887989
Current Value
0.11
Quarterly Volatility
0.05179724
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nice financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nice's main balance sheet or income statement drivers, such as Depreciation And Amortization of 175.7 M, Interest Expense of 4.7 M or Selling General Administrative of 264.9 M, as well as many indicators such as Price To Sales Ratio of 2.8, Dividend Yield of 0.0019 or PTB Ratio of 2.04. Nice financial statements analysis is a perfect complement when working with Nice Valuation or Volatility modules.
  
Check out the analysis of Nice Correlation against competitors.

Latest Nice's Return On Capital Employed Growth Pattern

Below is the plot of the Return On Capital Employed of Nice Ltd ADR over the last few years. It is Nice's Return On Capital Employed historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nice's overall financial position and show how it may be relating to other accounts over time.
Return On Capital Employed10 Years Trend
Pretty Stable
   Return On Capital Employed   
       Timeline  

Nice Return On Capital Employed Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.06
Coefficient Of Variation85.30
Mean Deviation0.03
Median0.08
Standard Deviation0.05
Sample Variance0
Range0.2048
R-Value0.16
Mean Square Error0
R-Squared0.02
Significance0.58
Slope0
Total Sum of Squares0.04

Nice Return On Capital Employed History

2022 -0.0903
2021 0.0767
2020 0.0759
2019 0.0817
2018 0.0765
2017 0.0646
2016 0.0621

About Nice Financial Statements

Nice stakeholders use historical fundamental indicators, such as Nice's Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although Nice investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nice's assets and liabilities are reflected in the revenues and expenses on Nice'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 Nice Ltd ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Capital Employed 0.11  0.11 

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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.
When determining whether Nice Ltd ADR is a strong investment it is important to analyze Nice's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:
Check out the analysis of Nice Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nice. If investors know Nice will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.344
Earnings Share
6.48
Revenue Per Share
1.6083
Quarterly Revenue Growth
0.143
Return On Assets
0.0606
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nice's market value can be influenced by many factors that don't directly affect Nice's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.