Norsk Financial Statements From 2010 to 2024
| NHYDYDelisted Stock | USD 8.01 0.13 1.60% |
Check Norsk Hydro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norsk Hydro's main balance sheet or income statement drivers, such as , as well as many indicators such as . Norsk financial statements analysis is a perfect complement when working with Norsk Hydro Valuation or Volatility modules.
Norsk |
Norsk Hydro ASA OTC Stock Return On Equity Analysis
Norsk Hydro'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 Norsk Hydro Return On Equity | 0.34 |
Most of Norsk Hydro'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, Norsk Hydro 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.
CompetitionBased on the latest financial disclosure, Norsk Hydro ASA has a Return On Equity of 0.3375. This is 62.91% lower than that of the Metals & Mining sector and 92.42% lower than that of the Materials industry. The return on equity for all United States stocks is notably lower than that of the firm.
Norsk Hydro ASA Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norsk Hydro's current stock value. Our valuation model uses many indicators to compare Norsk Hydro value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norsk Hydro competition to find correlations between indicators driving Norsk Hydro's intrinsic value. More Info.Norsk Hydro 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 0.56 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Norsk Hydro ASA is roughly 1.80 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Norsk Hydro by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Norsk Hydro's OTC 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 Norsk Hydro Financial Statements
Norsk Hydro investors use historical fundamental indicators, such as Norsk Hydro's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Norsk Hydro. Please read more on our technical analysis and fundamental analysis pages.
Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, remelting, and recycling activities and provision of extruded solutions worldwide. Norsk Hydro ASA was founded in 1905 and is headquartered in Oslo, Norway. NORSK HYDRO operates under Aluminum classification in the United States and is traded on OTC Exchange. It employs 31000 people.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in unemployment. Note that the Norsk Hydro ASA information on this page should be used as a complementary analysis to other Norsk Hydro's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Other Consideration for investing in Norsk OTC Stock
If you are still planning to invest in Norsk Hydro ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Norsk Hydro's history and understand the potential risks before investing.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |