Norwegian Air Revenue vs. Return On Asset
| NAS Stock | NOK 11.26 0.03 0.27% |
For Norwegian Air profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Norwegian Air to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Norwegian Air Shuttle utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Norwegian Air's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Norwegian Air Shuttle over time as well as its relative position and ranking within its peers.
Norwegian |
Norwegian Air Shuttle Return On Asset vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Norwegian Air's current stock value. Our valuation model uses many indicators to compare Norwegian Air value to that of its competitors to determine the firm's financial worth. Norwegian Air Shuttle is rated top company in revenue category among its peers. It also is considered to be number one stock in return on asset category among its peers . 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 Norwegian Air's earnings, one of the primary drivers of an investment's value.Norwegian Revenue vs. Competition
Norwegian Air Shuttle is rated top company in revenue category among its peers. Market size based on revenue of Airlines industry is now estimated at about 51.12 Billion. Norwegian Air holds roughly 5.07 Billion in revenue claiming about 10% of stocks in Airlines industry.
Norwegian Return On Asset vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Norwegian Air |
| = | 5.07 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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.
Norwegian Air |
| = | -0.0447 |
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.
Norwegian Return On Asset Comparison
Norwegian Air is currently under evaluation in return on asset category among its peers.
Norwegian Air Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Norwegian Air, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Norwegian Air will eventually generate negative long term returns. The profitability progress is the general direction of Norwegian Air's change in net profit over the period of time. It can combine multiple indicators of Norwegian Air, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Norwegian Air Shuttle ASA, together with its subsidiaries, provides scheduled and charter airline services in Norway and internationally. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway. NORWEGIAN AIR operates under Airlines classification in Norway and is traded on Oslo Stock Exchange. It employs 2812 people.
Norwegian Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Norwegian Air. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Norwegian Air position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Norwegian Air's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in Norwegian Air without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Norwegian Air position
In addition to having Norwegian Air in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Printing and Publishing
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Printing and Publishing theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Printing and Publishing Theme or any other thematic opportunities.
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Other Information on Investing in Norwegian Stock
To fully project Norwegian Air's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Norwegian Air Shuttle at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Norwegian Air's income statement, its balance sheet, and the statement of cash flows.