Nordic Financial Statements From 2010 to 2024
| NOHAL Stock | NOK 22.20 0.40 1.77% |
Check Nordic Halibut financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nordic Halibut's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nordic financial statements analysis is a perfect complement when working with Nordic Halibut Valuation or Volatility modules.
Nordic |
Nordic Halibut AS Company Return On Equity Analysis
Nordic Halibut'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 Nordic Halibut Return On Equity | -0.13 |
Most of Nordic Halibut'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, Nordic Halibut AS 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, Nordic Halibut AS has a Return On Equity of -0.1341. This is 105.08% lower than that of the Consumer Defensive sector and 103.6% lower than that of the Farm Products industry. The return on equity for all Norway stocks is 56.74% lower than that of the firm.
Nordic Halibut AS Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nordic Halibut's current stock value. Our valuation model uses many indicators to compare Nordic Halibut value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nordic Halibut competition to find correlations between indicators driving Nordic Halibut's intrinsic value. More Info.Nordic Halibut AS is regarded fifth in return on equity category among its peers. It also is regarded fifth in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nordic Halibut by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nordic Halibut'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 Nordic Halibut Financial Statements
Nordic Halibut investors utilize fundamental indicators, such as revenue or net income, to predict how Nordic Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Nordic Halibut AS produces and sells farmed Atlantic halibut products in Norway and internationally. The company was incorporated in 1995 and is headquartered in Avery, Norway. NORDIC HALIBUT is traded on Oslo Stock Exchange in Norway.
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Nordic Halibut financial ratios help investors to determine whether Nordic 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 Nordic with respect to the benefits of owning Nordic Halibut security.