Aega Asa Stock Return On Asset

AEGA Stock  NOK 0.43  0.03  7.50%   
Aega ASA fundamentals help investors to digest information that contributes to Aega ASA's financial success or failures. It also enables traders to predict the movement of Aega Stock. The fundamental analysis module provides a way to measure Aega ASA's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Aega ASA stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Aega ASA Company Return On Asset Analysis

Aega ASA's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Aega ASA Return On Asset

    
  -0.0034  
Most of Aega ASA's fundamental indicators, such as Return On Asset, 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, Aega ASA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Aega ASA has a Return On Asset of -0.0034. This is 100.14% lower than that of the Utilities sector and 100.54% lower than that of the Utilities - Independent Power Producers industry. The return on asset for all Norway stocks is 97.57% lower than that of the firm.

Aega Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aega ASA's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Aega ASA could also be used in its relative valuation, which is a method of valuing Aega ASA by comparing valuation metrics of similar companies.
Aega ASA is currently under evaluation in return on asset category among its peers.

Aega Fundamentals

About Aega ASA Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Aega ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aega ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aega ASA based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Aega Stock

Aega ASA financial ratios help investors to determine whether Aega 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 Aega with respect to the benefits of owning Aega ASA security.