Norwegian Financial Statements From 2010 to 2024
| NWC Stock | EUR 0.93 0.02 2.11% |
Check Norwegian Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norwegian Air's main balance sheet or income statement drivers, such as , as well as many indicators such as . Norwegian financial statements analysis is a perfect complement when working with Norwegian Air Valuation or Volatility modules.
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Norwegian Air Shuttle Company Return On Equity Analysis
Norwegian Air'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 Norwegian Air Return On Equity | 0.27 |
Most of Norwegian Air'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, Norwegian Air Shuttle 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, Norwegian Air Shuttle has a Return On Equity of 0.2691. This is 38.84% lower than that of the Industrials sector and 90.59% lower than that of the Airports & Air Services industry. The return on equity for all Germany stocks is 186.81% lower than that of the firm.
Norwegian Air Shuttle Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norwegian Air's current stock value. Our valuation model uses many indicators to compare Norwegian Air value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norwegian Air competition to find correlations between indicators driving Norwegian Air's intrinsic value. More Info.Norwegian Air Shuttle 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 Norwegian Air's earnings, one of the primary drivers of an investment's value.About Norwegian Air Financial Statements
Norwegian Air stakeholders use historical fundamental indicators, such as Norwegian Air's revenue or net income, to determine how well the company is positioned to perform in the future. Although Norwegian Air investors may analyze each financial statement separately, they are all interrelated. For example, changes in Norwegian Air's assets and liabilities are reflected in the revenues and expenses on Norwegian Air'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 Norwegian Air Shuttle. Please read more on our technical analysis and fundamental analysis pages.
Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally. The company was founded in 1993 and is headquartered in Brum, Norway. NORWEGIAN AIR operates under Airports Air Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10215 people.
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Other Information on Investing in Norwegian Stock
Norwegian Air financial ratios help investors to determine whether Norwegian 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 Norwegian with respect to the benefits of owning Norwegian Air security.