Okea Asa Stock Fundamentals
| OKEA Stock | NOK 19.99 0.09 0.45% |
Okea ASA fundamentals help investors to digest information that contributes to Okea ASA's financial success or failures. It also enables traders to predict the movement of Okea Stock. The fundamental analysis module provides a way to measure Okea ASA'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 Okea ASA stock.
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Okea ASA Company Return On Equity Analysis
Okea ASA'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 Okea ASA Return On Equity | 0.35 |
Most of Okea ASA'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, Okea ASA 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, Okea ASA has a Return On Equity of 0.3537. This is 117.86% lower than that of the Energy sector and 80.13% lower than that of the Oil & Gas E&P industry. The return on equity for all Norway stocks is notably lower than that of the firm.
Okea ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Okea ASA's current stock value. Our valuation model uses many indicators to compare Okea ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Okea ASA competition to find correlations between indicators driving Okea ASA's intrinsic value. More Info.Okea ASA 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 0.44 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Okea ASA is roughly 2.26 . 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 Okea ASA's earnings, one of the primary drivers of an investment's value.Okea Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Okea ASA'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 Okea ASA could also be used in its relative valuation, which is a method of valuing Okea ASA by comparing valuation metrics of similar companies.Okea ASA is currently under evaluation in return on equity category among its peers.
Okea Fundamentals
| Return On Equity | 0.35 | |||
| Return On Asset | 0.16 | |||
| Profit Margin | 0.10 % | |||
| Operating Margin | 0.55 % | |||
| Current Valuation | 3.19 B | |||
| Shares Outstanding | 103.91 M | |||
| Shares Owned By Insiders | 70.62 % | |||
| Shares Owned By Institutions | 9.04 % | |||
| Price To Earning | 13.71 X | |||
| Price To Book | 1.99 X | |||
| Price To Sales | 0.57 X | |||
| Revenue | 6.4 B | |||
| Gross Profit | 4.78 B | |||
| EBITDA | 4.76 B | |||
| Net Income | 3.21 B | |||
| Cash And Equivalents | 1.1 B | |||
| Cash Per Share | 9.49 X | |||
| Total Debt | 1.85 B | |||
| Debt To Equity | 2.32 % | |||
| Current Ratio | 1.99 X | |||
| Book Value Per Share | 20.00 X | |||
| Cash Flow From Operations | 3.34 B | |||
| Earnings Per Share | 6.07 X | |||
| Target Price | 49.67 | |||
| Number Of Employees | 26 | |||
| Beta | 1.36 | |||
| Market Capitalization | 3.48 B | |||
| Total Asset | 15.62 B | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.12 % | |||
| Net Asset | 15.62 B | |||
| Last Dividend Paid | 3.9 |
About Okea ASA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Okea ASA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Okea ASA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Okea ASA 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.OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company was incorporated in 2015 and is headquartered in Trondheim, Norway. OKEA ASA is traded on Oslo Stock Exchange in Norway.
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Okea ASA financial ratios help investors to determine whether Okea 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 Okea with respect to the benefits of owning Okea ASA security.