Nine Financial Statements From 2010 to 2025
| NINE Stock | USD 1.29 0.06 4.88% |
Check Nine Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nine Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nine financial statements analysis is a perfect complement when working with Nine Energy Valuation or Volatility modules.
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Nine Energy Service Company Return On Equity Analysis
Nine Energy'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 Nine Energy Return On Equity | -5.83 |
Most of Nine Energy'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, Nine Energy Service 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, Nine Energy Service has a Return On Equity of -5.8338. This is 194.64% higher than that of the Energy Equipment & Services sector and 66.51% lower than that of the Energy industry. The return on equity for all United States stocks is notably higher than that of the company.
Nine Energy Service Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nine Energy's current stock value. Our valuation model uses many indicators to compare Nine Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nine Energy competition to find correlations between indicators driving Nine Energy's intrinsic value. More Info.Nine Energy Service is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Nine Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Nine Energy Financial Statements
Nine Energy stakeholders use historical fundamental indicators, such as Nine Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nine Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nine Energy's assets and liabilities are reflected in the revenues and expenses on Nine Energy'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 Nine Energy Service. Please read more on our technical analysis and fundamental analysis pages.
Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development across North American basins and internationally. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas. Nine Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 944 people.
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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.When determining whether Nine Energy Service is a strong investment it is important to analyze Nine Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nine Energy's future performance. For an informed investment choice regarding Nine Stock, refer to the following important reports:Check out the analysis of Nine Energy Correlation against competitors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nine Energy. If investors know Nine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nine Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nine Energy Service is measured differently than its book value, which is the value of Nine that is recorded on the company's balance sheet. Investors also form their own opinion of Nine Energy's value that differs from its market value or its book value, called intrinsic value, which is Nine Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nine Energy's market value can be influenced by many factors that don't directly affect Nine Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nine Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nine Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nine Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.