Now Inc Stock Return On Equity

DNOW Stock

USD 14.95 0.24 1.63%

Now Inc fundamentals help investors to digest information that contributes to Now's financial success or failures. It also enables traders to predict the movement of Now Stock. The fundamental analysis module provides a way to measure Now'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 Now stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.23	0.24

Return On Equity is likely to climb to 0.24 in 2024.

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Now Inc Company Return On Equity Analysis

Now'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.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Now Return On Equity

0.2

Most of Now'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, Now Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Now Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Now is extremely important. It helps to project a fair market value of Now Stock properly, considering its historical fundamentals such as Return On Equity. Since Now's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Now's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Now's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Accounts Payable	Good Will	Total Liab	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Net Debt	Net Receivables	Total Current Assets	Short Term Debt	Net Tangible Assets	Retained Earnings	Long Term Debt	Capital Surpluse	Deferred Long Term Liab	Common Stock	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.57	0.87	0.34	0.7	-0.44	-0.51	0.46	0.97	0.96	-0.02	0.91	0.98	-0.83	-0.56	0.88	0.28	0.73	-0.57	0.83	0.76	0.28
Total Stockholder Equity	0.98		0.44	0.83	0.17	0.74	-0.51	-0.58	0.4	0.94	0.95	-0.04	0.95	1.0	-0.89	-0.57	0.89	0.25	0.68	-0.63	0.79	0.71	0.25
Accounts Payable	0.57	0.44		0.49	0.84	0.02	-0.01	0.13	0.15	0.68	0.63	-0.16	0.36	0.42	-0.31	-0.17	0.31	0.16	0.37	-0.06	0.4	0.38	0.16
Good Will	0.87	0.83	0.49		0.43	0.67	-0.31	-0.34	0.72	0.77	0.73	0.2	0.66	0.83	-0.65	-0.53	0.82	0.24	0.8	-0.58	0.92	0.83	0.24
Total Liab	0.34	0.17	0.84	0.43		-0.07	0.25	0.26	0.44	0.38	0.31	0.13	0.0	0.14	0.11	-0.07	0.21	0.2	0.47	0.17	0.44	0.44	0.2
Intangible Assets	0.7	0.74	0.02	0.67	-0.07		-0.67	-0.56	0.49	0.55	0.55	0.09	0.66	0.71	-0.63	-0.53	0.7	0.31	0.59	-0.52	0.64	0.6	0.31
Property Plant Equipment	-0.44	-0.51	-0.01	-0.31	0.25	-0.67		0.5	0.07	-0.4	-0.45	0.48	-0.6	-0.47	0.56	0.4	-0.27	-0.25	-0.25	0.11	-0.14	-0.17	-0.25
Current Deferred Revenue	-0.51	-0.58	0.13	-0.34	0.26	-0.56	0.5		-0.2	-0.44	-0.52	-0.25	-0.63	-0.59	0.56	0.49	-0.63	-0.26	-0.61	0.42	-0.4	-0.41	-0.26
Net Debt	0.46	0.4	0.15	0.72	0.44	0.49	0.07	-0.2		0.34	0.27	0.57	0.2	0.41	-0.12	-0.46	0.67	0.36	0.81	-0.35	0.82	0.78	0.36
Net Receivables	0.97	0.94	0.68	0.77	0.38	0.55	-0.4	-0.44	0.34		0.99	-0.13	0.91	0.93	-0.83	-0.53	0.81	0.25	0.65	-0.51	0.71	0.63	0.25
Total Current Assets	0.96	0.95	0.63	0.73	0.31	0.55	-0.45	-0.52	0.27	0.99		-0.15	0.94	0.94	-0.85	-0.56	0.81	0.29	0.64	-0.5	0.68	0.63	0.29
Short Term Debt	-0.02	-0.04	-0.16	0.2	0.13	0.09	0.48	-0.25	0.57	-0.13	-0.15		-0.19	-0.03	0.16	-0.22	0.31	0.14	0.4	-0.35	0.34	0.27	0.14
Net Tangible Assets	0.91	0.95	0.36	0.66	0.0	0.66	-0.6	-0.63	0.2	0.91	0.94	-0.19		0.95	-0.93	-0.64	0.82	0.32	0.55	-0.58	0.61	0.56	0.32
Retained Earnings	0.98	1.0	0.42	0.83	0.14	0.71	-0.47	-0.59	0.41	0.93	0.94	-0.03	0.95		-0.9	-0.57	0.9	0.24	0.68	-0.65	0.8	0.72	0.24
Long Term Debt	-0.83	-0.89	-0.31	-0.65	0.11	-0.63	0.56	0.56	-0.12	-0.83	-0.85	0.16	-0.93	-0.9		0.6	-0.74	-0.21	-0.43	0.77	-0.54	-0.46	-0.21
Capital Surpluse	-0.56	-0.57	-0.17	-0.53	-0.07	-0.53	0.4	0.49	-0.46	-0.53	-0.56	-0.22	-0.64	-0.57	0.6		-0.75	-0.76	-0.63	0.57	-0.53	-0.55	-0.76
Deferred Long Term Liab	0.88	0.89	0.31	0.82	0.21	0.7	-0.27	-0.63	0.67	0.81	0.81	0.31	0.82	0.9	-0.74	-0.75		0.47	0.84	-0.7	0.89	0.85	0.47
Common Stock	0.28	0.25	0.16	0.24	0.2	0.31	-0.25	-0.26	0.36	0.25	0.29	0.14	0.32	0.24	-0.21	-0.76	0.47		0.43	-0.12	0.38	0.51	1.0
Long Term Debt Total	0.73	0.68	0.37	0.8	0.47	0.59	-0.25	-0.61	0.81	0.65	0.64	0.4	0.55	0.68	-0.43	-0.63	0.84	0.43		-0.4	0.85	0.84	0.43
Short Long Term Debt	-0.57	-0.63	-0.06	-0.58	0.17	-0.52	0.11	0.42	-0.35	-0.51	-0.5	-0.35	-0.58	-0.65	0.77	0.57	-0.7	-0.12	-0.4		-0.54	-0.43	-0.12
Net Invested Capital	0.83	0.79	0.4	0.92	0.44	0.64	-0.14	-0.4	0.82	0.71	0.68	0.34	0.61	0.8	-0.54	-0.53	0.89	0.38	0.85	-0.54		0.96	0.38
Net Working Capital	0.76	0.71	0.38	0.83	0.44	0.6	-0.17	-0.41	0.78	0.63	0.63	0.27	0.56	0.72	-0.46	-0.55	0.85	0.51	0.84	-0.43	0.96		0.51
Capital Stock	0.28	0.25	0.16	0.24	0.2	0.31	-0.25	-0.26	0.36	0.25	0.29	0.14	0.32	0.24	-0.21	-0.76	0.47	1.0	0.43	-0.12	0.38	0.51

Click cells to compare fundamentals

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

Predict Now

Return On Equity Over Time

Now Total Stockholder Equity

Total Stockholder Equity

1.01 Billion

At this time, Now's Total Stockholder Equity is fairly stable compared to the past year.

Based on the latest financial disclosure, Now Inc has a Return On Equity of 0.2035. This is 110.28% lower than that of the Trading Companies & Distributors sector and 101.17% lower than that of the Industrials industry. The return on equity for all United States stocks is 165.65% lower than that of the firm.

Now Return On Equity Peer Comparison

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

Now is currently under evaluation in return on equity category among its peers.

Now ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Now's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Now's managers, analysts, and investors.

Environmental

Governance

Social

Now Fundamentals

	Return On Equity	0.2
	Return On Asset	0.0595
	Profit Margin	0.09 %
	Operating Margin	0.05 %
	Current Valuation	1.37 B
	Shares Outstanding	105.85 M
	Shares Owned By Insiders	2.01 %
	Shares Owned By Institutions	97.99 %
	Number Of Shares Shorted	3.07 M
	Price To Earning	12.79 X
	Price To Book	1.42 X
	Price To Sales	0.67 X
	Revenue	2.32 B
	Gross Profit	506 M
	EBITDA	166 M
	Net Income	243 M
	Cash And Equivalents	232 M
	Cash Per Share	2.09 X
	Total Debt	63 M
	Debt To Equity	0.03 %
	Current Ratio	2.38 X
	Book Value Per Share	10.51 X
	Cash Flow From Operations	188 M
	Short Ratio	4.27 X
	Earnings Per Share	1.87 X
	Target Price	15.67
	Number Of Employees	2.55 K
	Beta	1.45
	Market Capitalization	1.58 B
	Total Asset	1.53 B
	Retained Earnings	(828 M)
	Working Capital	650 M
	Current Asset	1.29 B
	Current Liabilities	307 M
	Net Asset	1.53 B

About Now Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Now Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Now using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Now Inc 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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Additional Tools for Now Stock Analysis

When running Now's price analysis, check to measure Now'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 Now is operating at the current time. Most of Now's value examination focuses on studying past and present price action to predict the probability of Now's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Now's price. Additionally, you may evaluate how the addition of Now to your portfolios can decrease your overall portfolio volatility.

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