Goodtech Financials
| GOD Stock | NOK 9.46 0.04 0.42% |
Goodtech |
Understanding current and past Goodtech Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Goodtech's financial statements are interrelated, with each one affecting the others. For example, an increase in Goodtech's assets may result in an increase in income on the income statement.
Goodtech Stock Summary
Goodtech competes with Eidesvik Offshore, Borgestad, Kitron ASA, Havila Shipping, and Arendals Fossekompani. It designs and supplies turnkey systems to convert and modernize existing systems, such as operator, process safety, industrial IT, and control systems and provides service and support in infrastructure, logistics, and gas and oil sectors, as well as for production, power, and heating distribution systems. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway. GOODTECH ASA operates under Engineering And Technical Services classification in Norway and is traded on Oslo Stock Exchange.| Foreign Associate | Germany |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0004913609 |
| Business Address | Innspurten 15, Oslo, |
| Sector | Machinery |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.goodtech.no |
| Phone | 47 81 56 86 00 |
| Currency | NOK - Kroner |
You should never invest in Goodtech without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Goodtech Stock, because this is throwing your money away. Analyzing the key information contained in Goodtech's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Goodtech Key Financial Ratios
There are many critical financial ratios that Goodtech's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Goodtech reports annually and quarterly.| Return On Equity | -0.0359 | |||
| Return On Asset | -0.0081 | |||
| Target Price | 11.0 | |||
| Number Of Employees | 316 | |||
| Beta | 0.86 |
Goodtech Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Goodtech's current stock value. Our valuation model uses many indicators to compare Goodtech value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goodtech competition to find correlations between indicators driving Goodtech's intrinsic value. More Info.Goodtech is one of the top stocks in return on equity category among its peers. It also is one of the top stocks 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 Goodtech's earnings, one of the primary drivers of an investment's value.Goodtech Systematic Risk
Goodtech's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Goodtech volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Goodtech correlated with the market. If Beta is less than 0 Goodtech generally moves in the opposite direction as compared to the market. If Goodtech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Goodtech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Goodtech is generally in the same direction as the market. If Beta > 1 Goodtech moves generally in the same direction as, but more than the movement of the benchmark.
Goodtech Thematic Clasifications
Goodtech is part of IT investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains
This theme covers Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains. Get More Thematic Ideas
| IT | View |
Goodtech February 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Goodtech help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Goodtech. We use our internally-developed statistical techniques to arrive at the intrinsic value of Goodtech based on widely used predictive technical indicators. In general, we focus on analyzing Goodtech Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goodtech's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.75 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 8.34 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 2.94 |
Other Information on Investing in Goodtech Stock
Goodtech financial ratios help investors to determine whether Goodtech 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 Goodtech with respect to the benefits of owning Goodtech security.