Otovo As Stock Fundamentals
| OTOVO Stock | NOK 0.96 0.04 4.00% |
Otovo AS fundamentals help investors to digest information that contributes to Otovo AS's financial success or failures. It also enables traders to predict the movement of Otovo Stock. The fundamental analysis module provides a way to measure Otovo AS'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 Otovo AS stock.
Otovo |
Otovo AS Company Return On Equity Analysis
Otovo AS'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 Otovo AS Return On Equity | -0.59 |
Most of Otovo AS'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, Otovo 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, Otovo AS has a Return On Equity of -0.5931. This is 110.17% lower than that of the Utilities sector and significantly lower than that of the Utilities—Renewable industry. The return on equity for all Norway stocks is 91.32% higher than that of the company.
Otovo AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Otovo AS's current stock value. Our valuation model uses many indicators to compare Otovo AS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Otovo AS competition to find correlations between indicators driving Otovo AS's intrinsic value. More Info.Otovo AS is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Otovo AS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Otovo AS'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.Otovo Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Otovo AS'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 Otovo AS could also be used in its relative valuation, which is a method of valuing Otovo AS by comparing valuation metrics of similar companies.Otovo AS is regarded fifth in return on equity category among its peers.
Otovo Fundamentals
| Return On Equity | -0.59 | |||
| Return On Asset | -0.25 | |||
| Profit Margin | (0.47) % | |||
| Operating Margin | (0.49) % | |||
| Current Valuation | 2.5 B | |||
| Shares Outstanding | 148.58 M | |||
| Shares Owned By Insiders | 45.29 % | |||
| Shares Owned By Institutions | 27.13 % | |||
| Price To Book | 4.35 X | |||
| Price To Sales | 4.89 X | |||
| Revenue | 289.4 M | |||
| Gross Profit | 129.11 M | |||
| EBITDA | (131.57 M) | |||
| Net Income | (153.61 M) | |||
| Cash And Equivalents | 224.19 M | |||
| Total Debt | 12.97 M | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 3.85 X | |||
| Cash Flow From Operations | (136.02 M) | |||
| Earnings Per Share | (1.88) X | |||
| Target Price | 34.67 | |||
| Beta | 0.82 | |||
| Market Capitalization | 2.41 B | |||
| Total Asset | 662.27 M | |||
| Net Asset | 662.27 M |
About Otovo AS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Otovo AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Otovo AS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Otovo 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.Otovo AS develops and supplies solar cells for private and corporate customers in Norway, Sweden, and Italy. The company was founded in 2016 and is based in Oslo, Norway. OTOVO AS is traded on Oslo Stock Exchange in Norway.
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Otovo AS financial ratios help investors to determine whether Otovo 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 Otovo with respect to the benefits of owning Otovo AS security.