NOV Financial Statements From 2010 to 2025
| NO8 Stock | EUR 12.89 0.60 4.45% |
Check NOV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NOV's main balance sheet or income statement drivers, such as , as well as many indicators such as . NOV financial statements analysis is a perfect complement when working with NOV Valuation or Volatility modules.
NOV |
NOV Inc Company Return On Equity Analysis
NOV'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 NOV Return On Equity | 0.0304 |
Most of NOV'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, NOV Inc 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, NOV Inc has a Return On Equity of 0.0304. This is 101.54% lower than that of the Energy sector and 100.17% lower than that of the Oil & Gas Equipment & Services industry. The return on equity for all Germany stocks is 109.81% lower than that of the firm.
NOV Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NOV's current stock value. Our valuation model uses many indicators to compare NOV value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NOV competition to find correlations between indicators driving NOV's intrinsic value. More Info.NOV Inc 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 0.82 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for NOV Inc is roughly 1.23 . 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 NOV's earnings, one of the primary drivers of an investment's value.About NOV Financial Statements
NOV stakeholders use historical fundamental indicators, such as NOV's revenue or net income, to determine how well the company is positioned to perform in the future. Although NOV investors may analyze each financial statement separately, they are all interrelated. For example, changes in NOV's assets and liabilities are reflected in the revenues and expenses on NOV'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 NOV Inc. Please read more on our technical analysis and fundamental analysis pages.
National Oilwell Varco, Inc. designs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. The company was founded in 1862 and is based in Houston, Texas. National Oilwell operates under Oil Gas Equipment Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 34220 people.
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Additional Information and Resources on Investing in NOV Stock
When determining whether NOV Inc is a strong investment it is important to analyze NOV'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 NOV's future performance. For an informed investment choice regarding NOV Stock, refer to the following important reports:Check out the analysis of NOV Correlation against competitors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.