Norva24 Financial Statements From 2010 to 2024
| NORVA Stock | 27.20 0.05 0.18% |
Check Norva24 Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norva24 Group's main balance sheet or income statement drivers, such as , as well as many indicators such as . Norva24 financial statements analysis is a perfect complement when working with Norva24 Group Valuation or Volatility modules.
Norva24 |
Norva24 Group AB Company Return On Equity Analysis
Norva24 Group'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 Norva24 Group Return On Equity | 0.0745 |
Most of Norva24 Group'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, Norva24 Group AB 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, Norva24 Group AB has a Return On Equity of 0.0745. This is 83.07% lower than that of the Industrials sector and 100.24% lower than that of the Waste Management industry. The return on equity for all Sweden stocks is 124.03% lower than that of the firm.
Norva24 Group AB Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norva24 Group's current stock value. Our valuation model uses many indicators to compare Norva24 Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norva24 Group competition to find correlations between indicators driving Norva24 Group's intrinsic value. More Info.Norva24 Group AB 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 0.60 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Norva24 Group AB is roughly 1.66 . 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 Norva24 Group's earnings, one of the primary drivers of an investment's value.About Norva24 Group Financial Statements
Norva24 Group shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Norva24 Group investors may analyze each financial statement separately, they are all interrelated. The changes in Norva24 Group's assets and liabilities, for example, are also reflected in the revenues and expenses on on Norva24 Group's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
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Additional Tools for Norva24 Stock Analysis
When running Norva24 Group's price analysis, check to measure Norva24 Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Norva24 Group is operating at the current time. Most of Norva24 Group's value examination focuses on studying past and present price action to predict the probability of Norva24 Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norva24 Group's price. Additionally, you may evaluate how the addition of Norva24 Group to your portfolios can decrease your overall portfolio volatility.