Opal Financial Statements From 2010 to 2024
| OPAL Stock | ILS 192.90 1.30 0.68% |
Check Opal Balance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Opal Balance's main balance sheet or income statement drivers, such as , as well as many indicators such as . Opal financial statements analysis is a perfect complement when working with Opal Balance Valuation or Volatility modules.
Opal |
Opal Balance Company Return On Equity Analysis
Opal Balance'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 Opal Balance Return On Equity | 0.16 |
Most of Opal Balance'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, Opal Balance 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, Opal Balance has a Return On Equity of 0.1577. This is 98.48% lower than that of the Diversified Financial Services sector and 95.59% lower than that of the Financials industry. The return on equity for all Israel stocks is 150.87% lower than that of the firm.
Opal Balance Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Opal Balance's current stock value. Our valuation model uses many indicators to compare Opal Balance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Opal Balance competition to find correlations between indicators driving Opal Balance's intrinsic value. More Info.Opal Balance is regarded fourth in return on equity category among its peers. It is regarded third in return on asset category among its peers reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Opal Balance is roughly 2.64 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Opal Balance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Opal Balance's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Opal Balance Financial Statements
Opal Balance stakeholders use historical fundamental indicators, such as Opal Balance's revenue or net income, to determine how well the company is positioned to perform in the future. Although Opal Balance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Opal Balance's assets and liabilities are reflected in the revenues and expenses on Opal Balance'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 Opal Balance. Please read more on our technical analysis and fundamental analysis pages.
Mirsani Trade And Marketing Ltd., Investnet Ltd., and Opal Balance Investments Ltd represents the combined operations of Mirsani Trade And Marketing Ltd., Investnet Ltd, and Opal Balance Investments Ltd. Opal Balance Investments Ltd provides various financing solutions and services in Israel. OPAL BALANCE is traded on Tel Aviv Stock Exchange in Israel.
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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 Opal Stock
Opal Balance financial ratios help investors to determine whether Opal 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 Opal with respect to the benefits of owning Opal Balance security.