Netcare Financial Statements From 2010 to 2024
| NTC Stock | 1,490 30.00 1.97% |
Check Netcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Netcare's main balance sheet or income statement drivers, such as , as well as many indicators such as . Netcare financial statements analysis is a perfect complement when working with Netcare Valuation or Volatility modules.
Netcare |
Netcare Company Return On Equity Analysis
Netcare'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 Netcare Return On Equity | 0.0975 |
Most of Netcare'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, Netcare 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, Netcare has a Return On Equity of 0.0975. This is 100.41% lower than that of the Healthcare sector and significantly higher than that of the Medical Care Facilities industry. The return on equity for all South Africa stocks is 131.45% lower than that of the firm.
Netcare Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Netcare's current stock value. Our valuation model uses many indicators to compare Netcare value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Netcare competition to find correlations between indicators driving Netcare's intrinsic value. More Info.Netcare 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 0.55 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Netcare is roughly 1.81 . 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 Netcare's earnings, one of the primary drivers of an investment's value.About Netcare Financial Statements
Netcare stakeholders use historical fundamental indicators, such as Netcare's revenue or net income, to determine how well the company is positioned to perform in the future. Although Netcare investors may analyze each financial statement separately, they are all interrelated. For example, changes in Netcare's assets and liabilities are reflected in the revenues and expenses on Netcare'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 Netcare. 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 Netcare Stock
Netcare financial ratios help investors to determine whether Netcare 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 Netcare with respect to the benefits of owning Netcare security.