Melhus Sparebank Stock Fundamentals

MELG Stock  NOK 163.60  1.60  0.99%   
Melhus Sparebank fundamentals help investors to digest information that contributes to Melhus Sparebank's financial success or failures. It also enables traders to predict the movement of Melhus Stock. The fundamental analysis module provides a way to measure Melhus Sparebank'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 Melhus Sparebank 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.

Melhus Sparebank Company Return On Asset Analysis

Melhus Sparebank'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 Melhus Sparebank Return On Asset

    
  0.0102  
Most of Melhus Sparebank'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, Melhus Sparebank 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, Melhus Sparebank has a Return On Asset of 0.0102. This is 102.17% lower than that of the Thrifts & Mortgage Finance sector and 98.48% lower than that of the Financials industry. The return on asset for all Norway stocks is 107.29% lower than that of the firm.

Melhus Sparebank Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Melhus Sparebank's current stock value. Our valuation model uses many indicators to compare Melhus Sparebank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Melhus Sparebank competition to find correlations between indicators driving Melhus Sparebank's intrinsic value. More Info.
Melhus Sparebank is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.12  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Melhus Sparebank is roughly  8.58 . 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 Melhus Sparebank's earnings, one of the primary drivers of an investment's value.

Melhus Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Melhus Sparebank'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 Melhus Sparebank could also be used in its relative valuation, which is a method of valuing Melhus Sparebank by comparing valuation metrics of similar companies.
Melhus Sparebank is currently under evaluation in return on asset category among its peers.

Melhus Fundamentals

About Melhus Sparebank Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Melhus Sparebank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Melhus Sparebank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Melhus Sparebank 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.
Melhus Sparebank, a savings bank, provides various banking products and services to businesses and agriculture customers, and private individuals in Norway. Melhus Sparebank was founded in 1840 and is headquartered in Melhus, Norway. MELHUS SPAREBANK is traded on Oslo Stock Exchange in Norway.

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Other Information on Investing in Melhus Stock

Melhus Sparebank financial ratios help investors to determine whether Melhus 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 Melhus with respect to the benefits of owning Melhus Sparebank security.