Nobia Ab Stock Return On Asset

NOBI Stock  SEK 3.65  0.11  3.11%   
Nobia AB fundamentals help investors to digest information that contributes to Nobia AB's financial success or failures. It also enables traders to predict the movement of Nobia Stock. The fundamental analysis module provides a way to measure Nobia AB'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 Nobia AB stock.
  
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Nobia AB Company Return On Asset Analysis

Nobia AB'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

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Current Nobia AB Return On Asset

    
  0.0091  
Most of Nobia AB'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, Nobia AB 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, Nobia AB has a Return On Asset of 0.0091. This is 99.17% lower than that of the Household Durables sector and 98.89% lower than that of the Consumer Discretionary industry. The return on asset for all Sweden stocks is 106.5% lower than that of the firm.

Nobia Return On Asset Peer Comparison

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

Nobia Fundamentals

About Nobia AB Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Nobia Stock Analysis

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