Otovo Financial Statements From 2010 to 2024
| OTOVO Stock | NOK 0.96 0.04 4.00% |
Check Otovo AS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otovo AS's main balance sheet or income statement drivers, such as , as well as many indicators such as . Otovo financial statements analysis is a perfect complement when working with Otovo AS Valuation or Volatility modules.
Otovo |
Otovo AS Company Return On Equity Analysis
Otovo AS'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 Otovo AS Return On Equity | -0.59 |
Most of Otovo AS'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, Otovo AS 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.
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Based on the latest financial disclosure, Otovo AS has a Return On Equity of -0.5931. This is 110.17% lower than that of the Utilities sector and significantly lower than that of the Utilities—Renewable industry. The return on equity for all Norway stocks is 91.32% higher than that of the company.
Otovo AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Otovo AS's current stock value. Our valuation model uses many indicators to compare Otovo AS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Otovo AS competition to find correlations between indicators driving Otovo AS's intrinsic value. More Info.Otovo AS is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Otovo AS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Otovo AS'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 Otovo AS Financial Statements
Otovo AS investors utilize fundamental indicators, such as revenue or net income, to predict how Otovo 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.
Otovo AS develops and supplies solar cells for private and corporate customers in Norway, Sweden, and Italy. The company was founded in 2016 and is based in Oslo, Norway. OTOVO AS is traded on Oslo Stock Exchange in Norway.
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Otovo AS financial ratios help investors to determine whether Otovo 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 Otovo with respect to the benefits of owning Otovo AS security.