New Financial Statements From 2010 to 2025
| NEWA-B Stock | SEK 103.60 0.30 0.29% |
Check New Wave financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Wave's main balance sheet or income statement drivers, such as , as well as many indicators such as . New financial statements analysis is a perfect complement when working with New Wave Valuation or Volatility modules.
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New Wave Group Company Return On Equity Analysis
New Wave'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 New Wave Return On Equity | 0.22 |
Most of New Wave'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, New Wave Group 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.
| Competition |
Based on the latest financial disclosure, New Wave Group has a Return On Equity of 0.2235. This is 93.79% lower than that of the Consumer Cyclical sector and 36.14% lower than that of the Apparel Manufacturing industry. The return on equity for all Sweden stocks is 172.1% lower than that of the firm.
New Wave Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Wave's current stock value. Our valuation model uses many indicators to compare New Wave value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Wave competition to find correlations between indicators driving New Wave's intrinsic value. More Info.New Wave Group 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 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for New Wave Group is roughly 2.11 . Comparative valuation analysis is a catch-all model that can be used if you cannot value New Wave by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for New Wave'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.About New Wave Financial Statements
New Wave stakeholders use historical fundamental indicators, such as New Wave's revenue or net income, to determine how well the company is positioned to perform in the future. Although New Wave investors may analyze each financial statement separately, they are all interrelated. For example, changes in New Wave's assets and liabilities are reflected in the revenues and expenses on New Wave's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in New Wave Group. Please read more on our technical analysis and fundamental analysis pages.
New Wave Group AB designs, acquires, and develops brands and products in the corporate promo, sports, gifts, and home furnishings sectors in Sweden, the United States, rest of Nordic countries, Central Europe, Southern Europe, and internationally. New Wave Group AB was founded in 1990 and is headquartered in Gothenburg, Sweden. New Wave operates under Diversified Wholesale And Retail classification in Sweden and is traded on Stockholm Stock Exchange. It employs 2597 people.
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New Wave financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New Wave security.