Nova Financial Statements From 2010 to 2024
NV Stock | 0.92 0.02 2.13% |
Check Nova Organic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Organic's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nova financial statements analysis is a perfect complement when working with Nova Organic Valuation or Volatility modules.
Nova |
Nova Organic PCL Company Return On Equity Analysis
Nova Organic'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 Nova Organic Return On Equity | -0.0497 |
Most of Nova Organic'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, Nova Organic PCL 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, Nova Organic PCL has a Return On Equity of -0.0497. This is 101.88% lower than that of the Consumer Defensive sector and 99.06% lower than that of the Packaged Foods industry. The return on equity for all Thailand stocks is 83.97% lower than that of the firm.
Nova Organic PCL Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nova Organic's current stock value. Our valuation model uses many indicators to compare Nova Organic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nova Organic competition to find correlations between indicators driving Nova Organic's intrinsic value. More Info.Nova Organic PCL 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 . 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 Nova Organic's earnings, one of the primary drivers of an investment's value.About Nova Organic Financial Statements
Nova Organic investors utilize fundamental indicators, such as revenue or net income, to predict how Nova Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Nova Stock
Nova Organic financial ratios help investors to determine whether Nova 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 Nova with respect to the benefits of owning Nova Organic security.