Reka Financial Statements From 2010 to 2024
| REKA Stock | EUR 4.54 0.38 7.72% |
Check Reka Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Reka Industrial's main balance sheet or income statement drivers, such as , as well as many indicators such as . Reka financial statements analysis is a perfect complement when working with Reka Industrial Valuation or Volatility modules.
Reka |
Reka Industrial Oyj Company Return On Equity Analysis
Reka Industrial'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 Reka Industrial Return On Equity | 0.1 |
Most of Reka Industrial'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, Reka Industrial Oyj 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, Reka Industrial Oyj has a Return On Equity of 0.1046. This is 76.23% lower than that of the Industrials sector and significantly higher than that of the Electrical Equipment & Parts industry. The return on equity for all Finland stocks is 133.74% lower than that of the firm.
Reka Industrial Oyj Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Reka Industrial's current stock value. Our valuation model uses many indicators to compare Reka Industrial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Reka Industrial competition to find correlations between indicators driving Reka Industrial's intrinsic value. More Info.Reka Industrial Oyj is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Reka Industrial Oyj is roughly 2.78 . 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 Reka Industrial's earnings, one of the primary drivers of an investment's value.About Reka Industrial Financial Statements
Reka Industrial stakeholders use historical fundamental indicators, such as Reka Industrial's revenue or net income, to determine how well the company is positioned to perform in the future. Although Reka Industrial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Reka Industrial's assets and liabilities are reflected in the revenues and expenses on Reka Industrial'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 Reka Industrial Oyj. Please read more on our technical analysis and fundamental analysis pages.
Reka Industrial Oyj manufactures and sells cables in Finland, Sweden, Denmark, Norway, the Baltic countries, and Russia. The company was formerly known as Neo Industrial Plc and changed its name to Reka Industrial Oyj in December 2020. Reka Industrial operates under Electrical Equipment Parts classification in Finland and is traded on Helsinki Exchange. It employs 578 people.
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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 Reka Stock
Reka Industrial financial ratios help investors to determine whether Reka 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 Reka with respect to the benefits of owning Reka Industrial security.