Oceana Financial Statements From 2010 to 2024
| OCE Stock | 6,820 50.00 0.73% |
Check Oceana financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oceana's main balance sheet or income statement drivers, such as , as well as many indicators such as . Oceana financial statements analysis is a perfect complement when working with Oceana Valuation or Volatility modules.
Oceana |
Oceana Company Return On Equity Analysis
Oceana'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 Oceana Return On Equity | 0.13 |
Most of Oceana'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, Oceana 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, Oceana has a Return On Equity of 0.1262. This is 95.22% lower than that of the Consumer Defensive sector and 102.39% lower than that of the Packaged Foods industry. The return on equity for all South Africa stocks is 140.71% lower than that of the firm.
Oceana Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Oceana's current stock value. Our valuation model uses many indicators to compare Oceana value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Oceana competition to find correlations between indicators driving Oceana's intrinsic value. More Info.Oceana 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 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Oceana is roughly 2.06 . 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 Oceana's earnings, one of the primary drivers of an investment's value.About Oceana Financial Statements
Oceana stakeholders use historical fundamental indicators, such as Oceana's revenue or net income, to determine how well the company is positioned to perform in the future. Although Oceana investors may analyze each financial statement separately, they are all interrelated. For example, changes in Oceana's assets and liabilities are reflected in the revenues and expenses on Oceana'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 Oceana. Please read more on our technical analysis and fundamental analysis pages.
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Oceana financial ratios help investors to determine whether Oceana 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 Oceana with respect to the benefits of owning Oceana security.