Sparebanken Financial Statements From 2010 to 2024
| SPOG Stock | NOK 67.10 0.90 1.36% |
Check Sparebanken Ost financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sparebanken Ost's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sparebanken financial statements analysis is a perfect complement when working with Sparebanken Ost Valuation or Volatility modules.
Sparebanken |
Sparebanken Ost Company Return On Equity Analysis
Sparebanken Ost'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 Sparebanken Ost Return On Equity | 0.0625 |
Most of Sparebanken Ost'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, Sparebanken Ost 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, Sparebanken Ost has a Return On Equity of 0.0625. This is 95.69% lower than that of the Banks sector and 99.19% lower than that of the Financials industry. The return on equity for all Norway stocks is 120.16% lower than that of the firm.
Sparebanken Ost Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sparebanken Ost's current stock value. Our valuation model uses many indicators to compare Sparebanken Ost value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sparebanken Ost competition to find correlations between indicators driving Sparebanken Ost's intrinsic value. More Info.Sparebanken Ost 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 0.10 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sparebanken Ost is roughly 9.77 . 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 Sparebanken Ost's earnings, one of the primary drivers of an investment's value.About Sparebanken Ost Financial Statements
Sparebanken Ost investors utilize fundamental indicators, such as revenue or net income, to predict how Sparebanken 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.
Sparebanken st operates as a savings bank in Eastern Norway. The company was founded in 1843 and is headquartered in Drammen, Norway. SPAREBANKEN OST is traded on Oslo Stock Exchange in Norway.
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Sparebanken Ost financial ratios help investors to determine whether Sparebanken 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 Sparebanken with respect to the benefits of owning Sparebanken Ost security.