Netcompany Group As Stock Fundamentals
| NETC Stock | DKK 355.00 10.60 3.08% |
Netcompany Group AS fundamentals help investors to digest information that contributes to Netcompany Group's financial success or failures. It also enables traders to predict the movement of Netcompany Stock. The fundamental analysis module provides a way to measure Netcompany Group'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 Netcompany Group stock.
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Netcompany Group AS Company Return On Equity Analysis
Netcompany Group'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 Netcompany Group Return On Equity | 0.18 |
Most of Netcompany Group'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, Netcompany Group AS 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.
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Based on the latest financial disclosure, Netcompany Group AS has a Return On Equity of 0.1836. This is 101.53% lower than that of the Technology sector and 96.03% lower than that of the Information Technology Services industry. The return on equity for all Denmark stocks is 159.23% lower than that of the firm.
Netcompany Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Netcompany Group's current stock value. Our valuation model uses many indicators to compare Netcompany Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Netcompany Group competition to find correlations between indicators driving Netcompany Group's intrinsic value. More Info.Netcompany Group AS 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 0.40 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Netcompany Group AS is roughly 2.50 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Netcompany Group by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Netcompany Group's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Netcompany Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Netcompany Group'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 Netcompany Group could also be used in its relative valuation, which is a method of valuing Netcompany Group by comparing valuation metrics of similar companies.Netcompany Group is currently under evaluation in return on equity category among its peers.
Netcompany Fundamentals
| Return On Equity | 0.18 | |||
| Return On Asset | 0.0734 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.15 % | |||
| Current Valuation | 18.01 B | |||
| Shares Outstanding | 49.1 M | |||
| Shares Owned By Insiders | 10.30 % | |||
| Shares Owned By Institutions | 43.00 % | |||
| Price To Earning | 87.86 X | |||
| Price To Book | 4.78 X | |||
| Price To Sales | 2.91 X | |||
| Revenue | 5.54 B | |||
| Gross Profit | 1.77 B | |||
| EBITDA | 1.08 B | |||
| Net Income | 603.37 M | |||
| Cash And Equivalents | 179.01 M | |||
| Cash Per Share | 3.65 X | |||
| Total Debt | 1.87 B | |||
| Debt To Equity | 0.33 % | |||
| Current Ratio | 3.29 X | |||
| Book Value Per Share | 71.71 X | |||
| Cash Flow From Operations | 773 M | |||
| Earnings Per Share | 11.67 X | |||
| Target Price | 326.13 | |||
| Number Of Employees | 7.57 K | |||
| Beta | 0.92 | |||
| Market Capitalization | 14.07 B | |||
| Total Asset | 7.19 B | |||
| Z Score | 4.2 | |||
| Annual Yield | 0 % | |||
| Net Asset | 7.19 B |
About Netcompany Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Netcompany Group AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Netcompany Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Netcompany Group AS 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.Netcompany Group AS, an IT services company, delivers business critical IT solutions to public and private sector customers in Denmark, Norway, the United Kingdom, the Netherlands, Poland, and Vietnam. Netcompany Group AS was founded in 2000 and is headquartered in Copenhagen, Denmark. Netcompany Group is traded on Copenhagen Stock Exchange in Denmark.
Pair Trading with Netcompany Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Netcompany Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Netcompany Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Netcompany Stock
Moving against Netcompany Stock
| 0.74 | WIRTEK | Wirtek AS | PairCorr |
| 0.69 | NLFSK | Nilfisk Holding AS | PairCorr |
| 0.67 | AGILC | Agillic AS | PairCorr |
| 0.6 | NNIT | Nnit AS | PairCorr |
| 0.6 | AGAT | Agat Ejendomme AS | PairCorr |
The ability to find closely correlated positions to Netcompany Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Netcompany Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Netcompany Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Netcompany Group AS to buy it.
The correlation of Netcompany Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Netcompany Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Netcompany Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Netcompany Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Netcompany Stock
Netcompany Group financial ratios help investors to determine whether Netcompany 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 Netcompany with respect to the benefits of owning Netcompany Group security.