Vitec Financial Statements From 2010 to 2024
| VIT-B Stock | SEK 465.40 1.80 0.39% |
Check Vitec Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vitec Software's main balance sheet or income statement drivers, such as , as well as many indicators such as . Vitec financial statements analysis is a perfect complement when working with Vitec Software Valuation or Volatility modules.
Vitec |
Vitec Software Group Company Return On Equity Analysis
Vitec Software'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 Vitec Software Return On Equity | 0.0942 |
Most of Vitec Software'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, Vitec Software Group 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, Vitec Software Group has a Return On Equity of 0.0942. This is 100.78% lower than that of the Technology sector and 102.49% lower than that of the Software - Application industry. The return on equity for all Sweden stocks is 130.39% lower than that of the firm.
Vitec Software Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vitec Software's current stock value. Our valuation model uses many indicators to compare Vitec Software value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vitec Software competition to find correlations between indicators driving Vitec Software's intrinsic value. More Info.Vitec Software Group is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.52 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Vitec Software Group is roughly 1.92 . 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 Vitec Software's earnings, one of the primary drivers of an investment's value.About Vitec Software Financial Statements
Vitec Software shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Vitec Software investors may analyze each financial statement separately, they are all interrelated. The changes in Vitec Software's assets and liabilities, for example, are also reflected in the revenues and expenses on on Vitec Software's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Vitec Software Group AB , a software company, provides vertical market software in the Nordic and Baltic countries, the rest of Europe, and the Middle East. The company was founded in 1985 and is headquartered in Ume, Sweden. Vitec Software operates under Software Providers classification in Sweden and is traded on Stockholm Stock Exchange. It employs 700 people.
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Additional Tools for Vitec Stock Analysis
When running Vitec Software's price analysis, check to measure Vitec Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vitec Software is operating at the current time. Most of Vitec Software's value examination focuses on studying past and present price action to predict the probability of Vitec Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitec Software's price. Additionally, you may evaluate how the addition of Vitec Software to your portfolios can decrease your overall portfolio volatility.