Rana Financial Statements From 2010 to 2024
| RANA Stock | NOK 74.90 0.10 0.13% |
Check Rana Gruber financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rana Gruber's main balance sheet or income statement drivers, such as , as well as many indicators such as . Rana financial statements analysis is a perfect complement when working with Rana Gruber Valuation or Volatility modules.
Rana |
Rana Gruber AS Company Return On Equity Analysis
Rana Gruber'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 Rana Gruber Return On Equity | 0.39 |
Most of Rana Gruber'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, Rana Gruber 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, Rana Gruber AS has a Return On Equity of 0.3883. This is 57.33% lower than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The return on equity for all Norway stocks is notably lower than that of the firm.
Rana Gruber AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Rana Gruber's current stock value. Our valuation model uses many indicators to compare Rana Gruber value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Rana Gruber competition to find correlations between indicators driving Rana Gruber's intrinsic value. More Info.Rana Gruber 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 reporting about 0.46 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Rana Gruber AS is roughly 2.15 . 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 Rana Gruber's earnings, one of the primary drivers of an investment's value.About Rana Gruber Financial Statements
Rana Gruber investors utilize fundamental indicators, such as revenue or net income, to predict how Rana 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.
Rana Gruber AS engages in the mining, production, and sale of iron ore concentrate primarily to steel producers and the chemical industry. Rana Gruber AS was founded in 1937 and is headquartered in Mo i Rana, Norway. RANA GRUBER operates under Other Industrial Metals Mining classification in Norway and is traded on Oslo Stock Exchange. It employs 300 people.
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Rana Gruber financial ratios help investors to determine whether Rana 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 Rana with respect to the benefits of owning Rana Gruber security.