Techstep Financial Statements From 2010 to 2024
| TECH Stock | NOK 11.70 0.60 4.88% |
Check Techstep ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Techstep ASA's main balance sheet or income statement drivers, such as , as well as many indicators such as . Techstep financial statements analysis is a perfect complement when working with Techstep ASA Valuation or Volatility modules.
Techstep |
Techstep ASA Company Return On Equity Analysis
Techstep ASA'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 Techstep ASA Return On Equity | -0.12 |
Most of Techstep ASA'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, Techstep ASA 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, Techstep ASA has a Return On Equity of -0.1218. This is 98.99% lower than that of the Technology sector and 96.79% lower than that of the Software - Application industry. The return on equity for all Norway stocks is 60.71% lower than that of the firm.
Techstep ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Techstep ASA's current stock value. Our valuation model uses many indicators to compare Techstep ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Techstep ASA competition to find correlations between indicators driving Techstep ASA's intrinsic value. More Info.Techstep ASA 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 . 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 Techstep ASA's earnings, one of the primary drivers of an investment's value.About Techstep ASA Financial Statements
Techstep ASA investors utilize fundamental indicators, such as revenue or net income, to predict how Techstep 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.
Techstep ASA provides digital workplace services in Norway and Sweden. The company also provides industry-leading cloud-based PBX solutions and enterprise mobility management services, including mobile security, system design, implementation, and mobile device management services. TECHSTEP ASA operates under Internet And Networking Services classification in Norway and is traded on Oslo Stock Exchange. It employs 223 people.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Techstep Stock
Techstep ASA financial ratios help investors to determine whether Techstep 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 Techstep with respect to the benefits of owning Techstep ASA security.