Odfjell Financial Statements From 2010 to 2024
| OTL Stock | 48.00 0.85 1.80% |
Check Odfjell Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Odfjell Technology's main balance sheet or income statement drivers, such as , as well as many indicators such as . Odfjell financial statements analysis is a perfect complement when working with Odfjell Technology Valuation or Volatility modules.
Odfjell |
Odfjell Technology Company Return On Equity Analysis
Odfjell Technology'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 Odfjell Technology Return On Equity | 0.0403 |
Most of Odfjell Technology'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, Odfjell Technology 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, Odfjell Technology has a Return On Equity of 0.0403. This is 102.04% lower than that of the Energy sector and 100.79% lower than that of the Oil & Gas Drilling industry. The return on equity for all Norway stocks is 113.0% lower than that of the firm.
Odfjell Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Odfjell Technology's current stock value. Our valuation model uses many indicators to compare Odfjell Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Odfjell Technology competition to find correlations between indicators driving Odfjell Technology's intrinsic value. More Info.Odfjell Technology 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 0.52 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Odfjell Technology is roughly 1.91 . 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 Odfjell Technology's earnings, one of the primary drivers of an investment's value.About Odfjell Technology Financial Statements
Odfjell Technology investors utilize fundamental indicators, such as revenue or net income, to predict how Odfjell 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.
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Odfjell Technology financial ratios help investors to determine whether Odfjell 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 Odfjell with respect to the benefits of owning Odfjell Technology security.