Nexteer Financial Statements From 2010 to 2024
| NTXVF Stock | USD 0.39 0.00 0.00% |
Check Nexteer Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexteer Automotive's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nexteer financial statements analysis is a perfect complement when working with Nexteer Automotive Valuation or Volatility modules.
Nexteer |
Nexteer Automotive Group Company Return On Equity Analysis
Nexteer Automotive'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 Nexteer Automotive Return On Equity | 0.0155 |
Most of Nexteer Automotive'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, Nexteer Automotive Group 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, Nexteer Automotive Group has a Return On Equity of 0.0155. This is 99.57% lower than that of the Consumer Cyclical sector and 98.9% lower than that of the Auto Parts industry. The return on equity for all United States stocks is 105.0% lower than that of the firm.
Nexteer Automotive Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nexteer Automotive's current stock value. Our valuation model uses many indicators to compare Nexteer Automotive value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nexteer Automotive competition to find correlations between indicators driving Nexteer Automotive's intrinsic value. More Info.Nexteer Automotive Group 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 0.44 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nexteer Automotive Group is roughly 2.28 . 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 Nexteer Automotive's earnings, one of the primary drivers of an investment's value.About Nexteer Automotive Financial Statements
Nexteer Automotive stakeholders use historical fundamental indicators, such as Nexteer Automotive's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nexteer Automotive investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nexteer Automotive's assets and liabilities are reflected in the revenues and expenses on Nexteer Automotive'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 Nexteer Automotive Group. Please read more on our technical analysis and fundamental analysis pages.
Nexteer Automotive Group Limited, an investment holding company, designs, develops, manufactures, and distributes steering and driveline systems and components for automobile manufacturers and other automotive-related companies. Nexteer Automotive Group Limited is a subsidiary of Nexteer Automotive Holdings Limited. Nexteer Automotive operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 12100 people.
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Other Information on Investing in Nexteer Pink Sheet
Nexteer Automotive financial ratios help investors to determine whether Nexteer Pink Sheet 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 Nexteer with respect to the benefits of owning Nexteer Automotive security.