Tomra Financial Statements From 2010 to 2024
TOM Stock | NOK 156.70 15.10 10.66% |
Check Tomra Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tomra Systems' main balance sheet or income statement drivers, such as , as well as many indicators such as . Tomra financial statements analysis is a perfect complement when working with Tomra Systems Valuation or Volatility modules.
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Tomra Systems ASA Company Return On Equity Analysis
Tomra Systems' 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 Tomra Systems Return On Equity | 0.17 |
Most of Tomra Systems' 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, Tomra Systems 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.
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Based on the latest financial disclosure, Tomra Systems ASA has a Return On Equity of 0.1721. This is 60.89% lower than that of the Commercial Services & Supplies sector and 100.55% lower than that of the Industrials industry. The return on equity for all Norway stocks is 155.52% lower than that of the firm.
Tomra Systems ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tomra Systems's current stock value. Our valuation model uses many indicators to compare Tomra Systems value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tomra Systems competition to find correlations between indicators driving Tomra Systems's intrinsic value. More Info.Tomra Systems 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 reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Tomra Systems ASA is roughly 2.35 . 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 Tomra Systems' earnings, one of the primary drivers of an investment's value.About Tomra Systems Financial Statements
Tomra Systems investors utilize fundamental indicators, such as revenue or net income, to predict how Tomra 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.
Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. Tomra Systems ASA was founded in 1972 and is headquartered in Asker, Norway. TOMRA SYSTEMS operates under Waste Management classification in Norway and is traded on Oslo Stock Exchange. It employs 4000 people.
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Tomra Systems financial ratios help investors to determine whether Tomra 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 Tomra with respect to the benefits of owning Tomra Systems security.