Northland Power Stock Return On Equity

NPI Stock  CAD 19.86  0.14  0.70%   
Northland Power fundamentals help investors to digest information that contributes to Northland Power's financial success or failures. It also enables traders to predict the movement of Northland Stock. The fundamental analysis module provides a way to measure Northland Power'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 Northland Power stock.
Last ReportedProjected for Next Year
Return On Equity(0.04)(0.04)
As of the 22nd of November 2024, Return On Equity is likely to grow to -0.04.
  
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Northland Power Company Return On Equity Analysis

Northland Power'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 Northland Power Return On Equity

    
  -0.0102  
Most of Northland Power'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, Northland Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Northland Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Northland Power is extremely important. It helps to project a fair market value of Northland Stock properly, considering its historical fundamentals such as Return On Equity. Since Northland Power'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 Northland Power'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 Northland Power's interrelated accounts and indicators.
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

Northland Total Stockholder Equity

Total Stockholder Equity

4.39 Billion

At this time, Northland Power's Total Stockholder Equity is very stable compared to the past year.
Based on the latest financial disclosure, Northland Power has a Return On Equity of -0.0102. This is 100.17% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly lower than that of the Utilities industry. The return on equity for all Canada stocks is 96.71% lower than that of the firm.

Northland Return On Equity Peer Comparison

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

Northland Fundamentals

About Northland Power Fundamental Analysis

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

Other Information on Investing in Northland Stock

Northland Power financial ratios help investors to determine whether Northland 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 Northland with respect to the benefits of owning Northland Power security.