Nordon Financial Statements From 2010 to 2024
| NORD3 Stock | BRL 6.60 0.30 4.76% |
Check Nordon Indstrias financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nordon Indstrias' main balance sheet or income statement drivers, such as , as well as many indicators such as . Nordon financial statements analysis is a perfect complement when working with Nordon Indstrias Valuation or Volatility modules.
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Nordon Indstrias Metalrgicas Company Return On Asset Analysis
Nordon Indstrias' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Nordon Indstrias Return On Asset | -0.0131 |
Most of Nordon Indstrias' fundamental indicators, such as Return On Asset, 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, Nordon Indstrias Metalrgicas is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Based on the latest financial disclosure, Nordon Indstrias Metalrgicas has a Return On Asset of -0.0131. This is 97.43% lower than that of the Machinery sector and 99.9% lower than that of the Industrials industry. The return on asset for all Brazil stocks is 90.64% lower than that of the firm.
Nordon Indstrias Met Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nordon Indstrias's current stock value. Our valuation model uses many indicators to compare Nordon Indstrias value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nordon Indstrias competition to find correlations between indicators driving Nordon Indstrias's intrinsic value. More Info.Nordon Indstrias Metalrgicas is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in operating margin category among its peers . 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 Nordon Indstrias' earnings, one of the primary drivers of an investment's value.About Nordon Indstrias Financial Statements
Nordon Indstrias shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Nordon Indstrias investors may analyze each financial statement separately, they are all interrelated. The changes in Nordon Indstrias' assets and liabilities, for example, are also reflected in the revenues and expenses on on Nordon Indstrias' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Nordon Indstrias Metalrgicas SA engages in the production of capital goods for chemical, oil, petrochemical, cryogenic, and food and beverage industries in Brazil. The company was founded in 1966 and is headquartered in Santo Andr, Brazil. NORDON MET operates under Conglomerates classification in Brazil and is traded on Sao Paolo Stock Exchange.
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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.Additional Tools for Nordon Stock Analysis
When running Nordon Indstrias' price analysis, check to measure Nordon Indstrias' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordon Indstrias is operating at the current time. Most of Nordon Indstrias' value examination focuses on studying past and present price action to predict the probability of Nordon Indstrias' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordon Indstrias' price. Additionally, you may evaluate how the addition of Nordon Indstrias to your portfolios can decrease your overall portfolio volatility.